Still Later from the North.
We have the following summary of news from
Baltimore papers of the 26th:
From the Shenandoah Valley.
We have again stirring news from the
Upper Potomac.
Contrary to what was the current belief, the Confederate forces which recently invaded
Maryland have again made their presence known and felt in an unexpected manner, and have inflicted a serious disaster upon Federal arms.
On Sunday morning they attacked, in the vicinity of
Winchester, the forces of
Crook,
Averill,
Mulligan, and
Kelly, the whole being under the command of
Major Gen Crook, and after a battle which is said to have tasted nearly the whole of the day, defeated the
Federal troops and forced them to retreat to
Martinsburg, and subsequently to
Harper's Ferry, where
Gen Hunter joined them with the other part of his force and took command.
Partien from
Martinsburg report that the
Confederates hurled a large force upon
Gen Averill, capturing his artillery and a portion of his cavalry.
It is reported that
Major Gen Averill and Brig
Gen Mulligan were killed.
After referring to the telegraphic reports from
Georgia, the
Gazette say:
‘
All that we really know is that the fighting has been very heavy; that the losses have been severe on both sides, and that
Gen Sherman, up to Saturday last, did not occupy
Atlanta.
’
In losing
Gen McPherson,
Gen Sherman has lost his best officer, and it is doubtful whether there now remains in the Army of Tennessee a commander who is capable of adequately filling his place.
Dispatches from
Gen Sherman have been received, in which he estimates his losses in the battle of Friday at 2,000 killed and wounded, and that of the enemy at 7,000.
Financial.
Secretary Fessenden has issued proposals for a popular loan of $200,000,000, bearing 7.80 per cent interest for three years, payable in greenbacks and convertible bonds, at the option of the holder, at maturity into six per cent bonds, payable in gold, redeemable after five and payable in twenty years from the 15th of August.
He has issued an appeal to the people of the
United States, soliciting their subscriptions to the new loan.
The latest quotation of gold is 258 ¾.
Miscellaneous.
Edmund Kirke, who was recently in
Richmond with col
Jacques, has published a card, in which he says that
Jefferson Davis stated to him: "This war must go on till the test of this generation falls in his tracks, and his children seize his musket and fight our battle, unless you acknowledge our right to self government.
We are not fighting for slavery.
We are fighting for independence, and that or extermination we will have."
A conspiracy is said to have been discovered in
Missouri, having for its object the formation of a Northwest Confederacy.
Several prominent citizens of
St Louis have been arrested.
Nothing of interest from
Petersburg.