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From the Valley.

We have comparatively little information with reference to affairs in the Valley region, where the army of Gen. Lee is now believed to be located. We have assurances from those who have lately arrived from Winchester that the condition of our troops was never better than at present, and if it should be the policy of the Yankee commander to engage General Lee, little fear need be apprehended for the result.

The passengers by the Central train last night do not confirm the report that the Federal troops have creased in force at Leesburg. The opinion is expressed that nothing more than the cavalry of the enemy have ventured to the South side of the Potomac.

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Dixie Lee (2)
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