PORT LOGAN.—A telegram was received on the morning of the 26th January reporting that a vessel was flying a signal of distress about four miles W. of the Mull of Galloway. The Life-boat Edinburgh and B. M. Ballantyne was launched at 10.15 A.M., and on reaching her found she was the schooner Industry, of and for Belfast from Maryport, with a cargo of coal. She was dismasted and wholly disabled.

A strong gale was blowing from W. by S. and a heavy sea was running.

The master of the vessel was hoping that a steamer would pass and be able to tow her to a place of safety, and he requested that the Life-boat might remain by him.

At about 4 P.M. a steamer hove in sight and the Life-boat made signals, in response to which she bore down on them and took the schooner in tow. The Life-boat rendered assistance in passing the hawser from the steamer to the schooner and placed one of her crew on board the former to act as pilot..