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Newport News and Yorktown.

For two days past, reports have reached this city from various sources, in regard to heavy firing heard in the direction of Newport News, and the inference has been that a fight has been going on between Gen. Magruder and the enemy. A correspondent of the Dispatch writes from Camp Vincent that ‘"on the 23d inst., some heavy firing commenced in the vicinity of Newport News and lasted until 4 o'clock the next morning; and at 8 o'clock discharges of musketry and cannonading were heard. Numbers of us rushed down to the beach, attracted by the firing.--There were four ships at Newport News, and a propeller going down, we suppose for reinforcements. I discerned, with my glass, a transport coming from the Rip Raps, and another putting out to sea. All the Federal tents in the vicinity of Hampton were struck as soon as the firing commenced. We supposed that our hero Magruder had routed the enemy again."’

Notwithstanding these statements of our correspondent, and others, equally positive, that we have received, we ascertained from Mr. Charles H. Wynne, of the Howitzer Battalion, who came up in the York River train yesterday, that all was quiet on the Peninsula when he left Yorktown the night before, and that nothing worthy of note had occurred. Movements are going on which lead to the belief that exciting events will transpire in that direction before many days; but at present the armies are quietly watching each other at a distance, and our able commanders are pursuing a course which will, under the Divine blessing, secure another victory for our cause when the hour of conflict comes.

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