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The Baltimore Gazette, of the 12th, has been received. The following summary of the nes is furnished by the Agent of the Press Association:


From the Army of the Potomac.

We surrender a large portion of our available space this morning (says the Gazette) to such details of the bloody battle of Friday as are furnished by the army correspondents of the Philadelphia and New York journals. Contrary to the received opinion, the correspondent of the New York Tribune, writing from the battle-field Saturday evening, states that Gen Lee simply fell back to another line, and attempted to bring on another engagement by bold and persistent skirmishing.

Major Gen Sedgwick was killed Tuesday. A ball entered his eye and passed through his head, killing him instantly. Gen Wright has been placed in command of Gen. Sedgwiek's corps.

Dispatches from the army of the Potomac, dated 5 o'clock Tuesday evening, have been received at the War Department. Both armies then held their respective positions at Spotsylvania C H, without any material change. The enemy had been driven to his breastworks, his first line of rifle pits having been carried by the 6th corps, under Gen Wright. There had been heavy skirmishing throughout the day.

The Washington Chronicte, of the 10th, estimates the reduction of of Gen. Grant's force by casualties and otherwise, at thirty five thousand men.

An unofficial telegram from Washington asserts that a general advance was ordered on Tuesday afternoon, that the firing had been very heavy from 5 o'clock until sunset, and that Gen Grant had captured a large amount of commissary stores.

The correspondent of the New York Herald, writing from the battlefield Monday, sums up Grant's total losses to that date in killed, wounded and missing, at twenty seven thousand. This estimate does not include the stragglers and sick. He states that the supplies of the army of the Potomac were nearly exhausted, and adds, that if the rebels give Grant as much trouble on the rest of the route as they have done thus far his chances for success are slim indeed.

A correspondent, who had applied to Lincoln for authentic news from Grant, was informed by the President that Grant was like the man that had climbed the pole and then pulled the pole up after him.


From Northern Georgia.

Dispatches from Gen Sherman, dated at Tunnel Hill, 7.30 P M Tuesday, state that McPherson had not attacked the enemy at Resaca, in consequence of finding his position too strongly fortified.--McPherson had accordingly fallen back to Snake Root Gap. Shefman was in front of Buzzard's Roost Gap, where he was waiting the arrival of a part of his forces.

Nothing had been heard from Gen. Butles's command, nor anything of a recent date from Gen. Banks.


Financial.

Gold opened in Baltimore on the 11th at 177, closing at 175½--an advance of 6½ on the closing rate of the previous day. In New York, at 10 P M on the 11th, gold closed at 176.

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