Mr* Clayton’s Balloon Ascension*—Wc arepleased to hear, that this unequalled aeronaut made a handsome ascension at Cincinnati on the 4th of July. The Gazette states, that, uafter asccqding to a great height, and Hovering a short time over the city, he look his course in an easterly direction, not quite so much south as on his previous ascent. There was but little wind. The departure was a fc.v minutes before six. At sundown the balloon was still visible, a mere sftec in the Eastern horizon. Mr. Clayton was supplied fora long voyage,and it was his determination to remain up as long as he found it pFacticalde to do so. A vast concourse of people witnessed the ascent. It is estimated that from 350J to 10JJ were within the enclosure. All departed much gratified, no accident having occurred to mar the general satis-taction.” In a postscript to this article, it is announced; on the authority of passengers in'a steam boat, that the Balloon passed Maysvilie, a little to the North, at half past eight o’clock, on (Saturday evening—two hours and a half after the ascension. Maysvilie, is sixty miles from Cincinnati.