THE ANDROMEDA. - The following account of the loss of this vessel is given by the Chicago Press and Tribune:
"The Andromeda, Capt. Morgan, was bound up from Oswego for Chicago with a cargo of salt. She sank in Lake Michigan about forty miles north-east of Manitowoc. The crew took to their boat and escaped without clothing. They rowed all night, and, on Sunday morning (18th), arrived at Manitowoc. The vessel belonged to the captain, , who resides at Sheboygan, and was insured to the amount of half her value. The cargo also belonged to the captain, which, with the vessel, is a total loss. The steamer Arctic, Capt. Flood, took the crew on board and landed them at Sheboygan. The loss is a severe one for the captain, as he had only purchased the vessel last spring, and, on this trip, had invested his season's earnings in the salt, and lost everything. The Andromeda was formerly owned by Aldrich, Smith & Co., of this city, and was valued at about $4,500."