Friday, July 25.
A report this morning of a skirmish at Luray yesterday,
in which we captured 25 prisoners, 10 wagons +c. But it
is said that two Federal regiments have entered the Val
ley at Swift Run Gap to cut off the only regiment
(cavalry) we have west of the Blue Ridge. Reported that
troops from the South are arriving at Richmond. To all
appearance Richmond is more closely besieged now than
it was before the late battles. Va. Bank notes command a
premium of 10 to 15 per cent our Confederate notes. Wood sel-
ling at seven dollars ($7) a load. The depreciation
of the currency and scarcity of labor make prices very high.
[transcription by the Valley of the Shadow project]
MSS 38-258
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