We learn on direct and reliable authority that a valuable prize has been secured by the Privateer Savannah, which left this port a few days ago between the bars of the Lincoln blockade.
This prize was the brig Joseph, of Portland, (Me.) from Havana, for Philadelphia, with a cargo of sugar, valued at $30,000, and was taken into Georgetown, South Carolina, in masterly style.
Soon after this achievement the Privateer engaged the attention of a Lincolnite cruiser at a distance and a chase began. At our last information there was good reason to believe that the Privateer, having the advantages of approaching night, thorough acquaintance with the coast and soundings, a light draft and a good pair of heels, was getting decidedly the better of the chase.
We hope soon to be able to congratulate the gallant Captain and crew, and to report a sweetening for the market. – Charleston Courier, June, 6.
Nashville Union and American, Nashville, TN