Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-08-30
nEroErED kxPxkssLr yol TEE STATE sESTIsKL-
MORNING REPORT.
FROM GEN. GRANTS ARMY.
Operations on the Weldon
Railroad
Desperate Fighting fW its Pos
session.
Desperate and lmpetuOus Assaults
THE REBELS REGAIN FOUR MILES.
70 r. IG N ~ Z w 8 :
&c., &c, &C &c. &c.
&c, &c, &c &c. &c.

Foreign News.
New YosK, August 29--The New York.
from Southampton l7th. arrived here this morn
ing .t.
The Times expresses astOnishment at the
manner in which the Federal loan was absorbed
at Frankfort, adding that each successive fall
was regarded by existing bond holders with
qualification instead of dismay.
The Times believes the campaign will con >
tinue unless the danger to Washington becomes
so great to demand the return of the main
body of Gen Grants army. and that the capture
of Richmond is a test of the ability of the North
to make an impression the Confederacy.
The Confederate loan advanced Sc on the re-
ceipt of the news Of Grants repulse before Pc
tersburg.
Consols 9lS@S91s
The French rentes were 66 S45 francs.
In France a further dimnution of 1000 600
francs from the bank causes some uneasiness
The grain is nearly all gathered
Saxony intends laying the following PROPOSE
tions before the German Diet:
An explanation to be demanded of Austria
and Prussia in reference to their having permit
ted the King of Denmark to cede the right to
them to which he himself had no title
PoRrUGAL-The federal frigate Niagara
sailed from Lisbon on the 18th inst. Destination
unknown
off Brazil, bound from New York to California,
and took SO 900 from her
LIVERPOOL The cotton sales on the 18th aud
10Th amounted to 200 bales. Prices steady
at 14@1sd p h higher than on Friday
Wheat slightly lower
Flour dull
LONDON. August l6 In the market TO day a
further decline OF Is was submitted to.
NEW YORK. August % The World special
gives the following account Of the fighting on
the w eldon Railroad
The ID and 81 divisions of the 2d corps went
down on Wednesday Ream's Station, TO
continue the destruction of that road, and had
effectually succeeded in that object to the dis
tance of some ten miles without encountering
much opposition.
Yesterday morning however. the rebels
massed Early's corps aud two divisions of Long
streets corps in front OF lines and com
menced skirmishng at very early hour.
About O'Clock they charged our line in front
of the ID division, 9th corps. and were hand
somely repused. although they fought with the
utmost determination. and as soon as they were
beaten back they again rallied and returned to
the charge.
This was repeated four times and each time
they we're punished severely but on returning
the fifth time they succeeded IN driving back the
52d and 69th New York. who had already suf-
fered dreadfully. and they poured through the
opening thus made and gained the flank and rear
of the division. which rendered their withdrawal
matter of necessity.
This movement placed the other division IN a
critical position forcing to Withdraw our left
flank and make its front in another direction
In making the change it suffered severely. bu,
was able to prevent the further advance OF the
enemy. 1n
The result of the battle is that we have lost
possession of about four miles of the railroad on
our left though the 9th corps still holds some
three or four miles the portion which is at last
effectually destroyed and would perhaps have
been evacuated in few days. So our withdrawal
from it was nothing Geplorable further than We
did not leave at our option.