On the 19th February, the schooner Gipsy, of Chepstow, was wrecked on St. Ives Ridge, during a strong northerly gale. The Moses life-boat was launched when the vessel was seen running for St. Ives, and reached her just as she grounded on the ridge. The grapnel was about to be thrown when a tremendous sea struck the boat and carried her away, washing out the coxswain and 3 men, and causing the loss of two oars. After picking up the four men the life-boat again pro- ceeded to the vessel, and then succeeded in taking off the crew of 5 men. Three pilot gigs, which were under the shelter of the new pier, were overtaken by the same sea that washed the men out of the life-boat; one of the gigs was capsized, and the crew of,7 men were thrown into the sea. With the greatest difficulty the other two gigs picked up 5 of the men. Another man clung to the boat and drifted quickly to lee- ward. The life-boat men, in returning from the ship, perceived this man and picked him up. The other poor fellow, NICHOLAS JACOBS, however, unfortunately perished.

(The Institution voted 101. in aid of thefund raised at St. Ives for the benefit of the widow and orphans of JACOBS.).