FROM LAKE HURON AND THE STRAITS - The propeller Galena, belonging to the New York Central line of steamers, arrived here at noon yesterday from Buffalo. Her commander, Capt. Penny, has placed us under obligations for a budget of highly interesting marine intelligence from Lake Huron and the Straits, which we append:
Capt. Penny reports that on Thursday last, 14th inst, the propeller Portsmouth, bound down from Lake Superior with a cargo of ore, dragged her anchors and went ashore upon the northeast end of Middle Island, Lake Huron. When the Galena passed, the seas were breaking over her in a wild manner., and it is feared she will prove a total loss. She lies upon a hard, stony bottom. The Portsmouth is owned by the Erie Railway Company, and valued at $16,000. She was built at Buffalo in 1853, by Messrs. Bidwell & Banta, and is therefore fourteen years old. In 1861 she received large repairs. Her measurement is 525 tons old style. Vessel and cargo are in all probability insured.
The pier of Messrs. S. Pease & Co., at Pine River, Mich., was washed away the night of the 14th. A small coasting propeller called the Sunnyside, owned by Messr. Hannah, Lay & Co., of Traverse City, which was moored at the pier when it began to break up, was driven ashore and dashed to pieces. She had a full cargo of merchandise on board, all of which was lost. The Sunnyside was worth in the neighborhood of $12,000.
Captain Penny met the wrecking tug Leviathan at Mackinac with the schooner Republic, which she had taken from the beach at Mackinac Island. The vessel's cargo of wheat was being discharged upon the dock in a damaged condition, and when this work is finished, the Leviathan will tow her to Milwaukee for repairs. Capt. Gonnio, of the Leviathan, stated that the schooner Albemarle will prove a total loss.
The schooner Essex was still on the reef at Point Waugoshance, and will prove a total loss. We erroneously stated yesterday that this vessel was upbound with wheat. We meant to write bound down.