The Loss of the Schr. J.P. Hale - This vessel which went ashore yesterday on Ford's Shoals, about four miles up the lake and nearly one mile from shore, will probably be a total wreck. She has bilged, and it is said that wheat is running out of her. It is thought, however, that from 5 to 7,000 bushels can be saved in good condition if the weather is favorable.
The vessel lays with her larboard side towards shore, and does not draw much more water than when light. Her deck is hogged, mainmast sprung and leans over rudder, main boom and portions of the main riging gone, with main sail, &c. torn to pieces. The Hale was a good, substantial vessel, nearly new,
owned by S.J. Holley, of this city. The vessel's cargo and freight list are insured, principally in the Buffalo Mutual.
Schooner Sultan Ashore. - The schooner Sulton, Capt. Kingston, of and from Oakville with a cargo of wheat for this port, lost portions of her canvas in the gale yeserday, and in attempting to come in the harbor at midnight, became unmanageable, and was driven ashore a few rods below the east pier. She lies easy, in about six feet of water, with her stern towards shore, and may be got off after taking out part of her cago. her rudder is gone, and he cargo or a part of it is damaged. The crew were taken off this morning by the life boat after it returned to the J.P. Hale.