The Go-ahead arrived at Wanganui on Sunday .morning, at 6 a.nv. Whilst on the passage from Savu Sanvn, Le vuka, the schooner Alice had a narrow escape from a waterspout. Tie spout rose right in her track, aud she had to pnt about to avoid it. It travelled in the direction from Mokogai to Gan ani, and passed within one hundred yards of the Alice, and came to grief on tbe Mokogai Reef. The spout was about thirty feet in diameter. —Fiji Times. The Portsmouth (N.H.) Journal reports a beautiful sight witnessed last week while in the vicinity of the mouth of the harbour — a schooner bound in, " whose sails, rigging, and huH were covered with ice, and as the sun fell upon it the effect was magical, every part of the vessel appeared like frosted silver, on which the many shades of the opal were reflected ■; and the whole, contrasted with the deep bine of the water, and the steam arising from the same, which at one time enveloped the whole, pre sented a picture such as exceeds description."

THE MARKETS.
