LATEST TELEGRAM.

Otago Daily Times, Issue 1016, 22 March 1865, Page 5

LATEST TELEGRAM.

Federal stcemer li-oqtiois at Gall? in search of Shenandoalj. New York News 19th January states that peace negociations are progressing beween North and South. South have suffered severely. Fort Fisher, at Wilmington, taken with 72 guns and 25,000 prisoners; also, Beverly, in Virginia, captured. General reding that pease will soon result. We are compelled to withhold until to-morrow our London correspondeat'a letter. The following is Iteuter's latest telegrsim, via Suez":— Lojjdok, 30fli January. Nkw Yoek, .'{4 th January. The Confederate Congress had appointed 15 commissioners to proceed to Washingtoa to confer with Federal com- | mii?*ioner» on the subject of peace. Francis Blair had arrived in Richmond, it is believed on a mission of peace. A second expedition had sailed for Wilmington. General Hood, it was rppnrted, was fortifying at Corinth, and Gen ,-ai Forrest was concentrating his forces at Paris, in Tennessee. i The Federals had captured Beverfey, in West Virginia. , Fighting was progressing near Mobile. The London Markets are generally dull. New Yoek, 19th January. It was rumoured that Francis Blair will return to Richmond accompanied by a Federal official representative. The Richmond papers assert thet President Davis, on behalf of the Confederates, has consented to receive or send Peace Commissioners.