BALLYWALTER. — On the 5th March information was received that a smack had been observed about ten miles distant, eastward, from the shore, in distress and apparently signalling for help.

The Life-boat William Wallace was launched at 12.15 P.M., and on reaching the vessel found that she was the Governor Ready, of Douglas, bound from Dromore for Belfast with a cargo of paving-stones.

She was entirely disabled, having been struck by a heavy squall which carriedaway her topmast and two jibs and tore her mainsail in ribbons, and subsequently she lost her boat. It haying been seen from the shore that she had no mainsail, the Life-boat men had taken one out in the Boat. This sail, which had been kindly lent for the purpose by Mr. William Gibson, J.P., was rigged up by some of the Life-boat crew, who also patched up a jib-sail, and the vessel, with her crew of three men, was brought into Ballywalter Harbour. The Eev. Dr.

Greer, the Honorary Secretary of the Branch went out in the Life-boat on this occasion..