The Te Koa will in the, meantime take up the running. She leaves at the end of the week. Great sympathy is expressed for Captain GrOombridge, who is deservedly one of the most popular skippers trading to this port. The cause of the accident ab present is a mystery, and will probably remain so until the inquiry is held. Probably the very strong current which 13 known to set in to ward the point of the Kaikoura Peninsula will bo at the bottom of the trouble. __ A quantity of wool shipped at Welling ton has been damaged. ANOTHER ACCOUNT. A gentleman, who was in tho township of Kaikoura when the accident occurred, supplies bho following information -.—Resi dents were roused from bheir slumbers by the loud blast of a fog horn. The- cause of the tumult was the grounding of tho Buck ingham on Flint's Reef, just outside bhe Nine Fins Reef, nearly a mile inshore of Woolloomooloo Reef. Some declare that tho steamer went ashore with such a crash that ib woke bhe occupanbs of a dwell ing less than 300 yards distant from the scene. The steamer was travelling full speed, knocking off eleven knots, and it can readily be understood that the im pact was somewhat heavy. Intermingled with the shrieks of the vessel's fog-horn were the shouts of " boat ahoy," a dim light being seen near at hand, when the weather, which was very dirty all the night previously, and at intervals sub sequently, cleared sufficiently. The cries were soon answered by a local boatman who put off. On boarding the vessel he assured Captain Groombridge thab ho was in a very safe place, as far as life was con cerned. Hodgman's local knowledge was of con siderable valuo, and Capt. Groombridge wisely availed himself of it. When Hodg man boarded tho vessel she was hard and fast, and bo all appearance likely to remain so. ' Ib was found she was making a consider able quantity of water in two forward com partments. Still, as it was then dead low water, there appeared a probability of the vessel being- floated off. The engines were kept going full speed astarn. After four hours the vessel gave signs of life with bhe make of the tide. By this time a couple of representatives of the Kaikoura "Star boarded the vessel. 