BALLYCOTTON,CO. CORK.—At about 4.30 P.M. on the 28th January, 1883, the barque Argo, of Sunderland, was sighted off Ballycotton, making for Cork harbour, closehauled, the wind then blowing very hard from the S.S.W., with heavy rain. On the wind changing to W.S.W., she had to run for Ballycotton, and anchored in six fathoms. While paying out, the cable snapped at 35 fathoms before the ship came head to wind, and she was driven ashore. The Life-boat Oliver Goldsmith was launched at 8 P.M., in answer to signals of distress; but could not approach the ship nearer than a cable's length, on account of the heavy sea then running, she therefore stood by all night, to render assistance when possible. At 4.30 on the following morning the boat returned to her station, communication having been established with the ship by means of a rocket. The crew however did not avail themselves of this, and the Life-boat therefore again proceeded to the vessel, the weather having moderated, put a pilot on board, and brought ashore the master's orders for tugs, &c. All efforts to get the barque afloat were unsuccessful, and she ultimately became a total wreck on the beach..