March 19th.—Snowing. It is estimated that we lost 250 men, killed, wounded, and taken, in the fight on the Rappahannock; the enemy’s loss is not known, but certainly was heavy, since they were defeated, and fled back, hotly pursued.

Confederate money still depreciates, in spite of the funding act. Some of the brokers are demanding ten dollars Confederate notes for one in gold! That is bad, and it may be worse.

The enemy are advancing from Corinth, and there are not sufficient troops to resist them. Gen. Johnston says if men are taken from Bragg, his army may be destroyed; and none can be ordered from Mobile, where there are only 2500 for land defense.

March 20th.—The snow is eight inches deep this morning, and it is still falling fast.

Not a beggar is yet to be seen in this city of 100,000 inhabitants!

Hood’s division, mostly Texans, whose march to the Rappahannock was countermanded when it was ascertained that the enemy had been beaten back across the river, were all the morning defiling through Main Street, in high spirits, and merrily snowballing each other. And these men slept last night out in the snow without tents! Can such soldiers be vanquished?

Yesterday Floyd’s division of State troops were turned over to the Confederacy—only about 200!

We have no further particulars of the fight on the Rappahannock; we know, however, that the enemy were beaten, and that this snow-storm must prevent further operations for many days. Several Eastern Shore families, I learn, are about to return to their homes. This is no place for women and children, who have homes elsewhere. We are all on quarter-rations of meat, and but few can afford to buy clothing at the present prices.

March 21st.—The snow is nearly a foot deep this morning, as it continued to fall all night, and is falling still. It grows warmer, however.

But we now learn that the Indianola was destroyed in the Mississippi by the officers, upon the appearance of a simulated gun-boat sent down, without a crew! This was disgraceful, and some one should answer for it.