At 2.10 P.M. on the 17th July, during a moderate N.W. gale with a heavy ground swell, a fishing vessel named the Elate, belonging to Port St. Mary, was trying to make the inner harbour, and in so doing fouled the breakwater with her jibboom. The broken spar fell into the water and stove in the vessel below the water-line ; she immediately began to fill with water. The coxswain of the Life-boat James Stevens No. 1 witnessed the accident and at once hurried to the boathouse. With great promptness the crew also assembled, and within five minutes the Life-boat was launched. In the prevailing gale the fishing-boat drifted about two cables' lengths and commenced to sink. The crew of seven men and six others who were on board were seized with panic and took to the small boat, which was only big enough to hold seven in fine weather. The Life-boat in the mean- time was making for them with all haste, and although the vessel foundered before she could reach her, the whole of the thirteen persons were saved and taken ashore..