TUB launch ot tho new schooner Ovalau, at the North Shore on Saturday afternoon, passed off very satisfactorily. There was a large number of spectators present, and considerable interest appeared to centre in the eveut. The ceremony of christening was performed by'the daughter of Captain Murray. Immediately after the launch, tho schoouor was towed across the river, and was. borthed alongside the Gore-street jetty this raofnin'g. The Ovalau is a; fine fore-and-aft schooner, of 116 tons register, and is built on a splendid model. Her dimensions are.-.—Length of keel, 81 feet; overall,92 feet; breadth Of beam, 21$ feet; der>th of hold, 10 feet. , She has good pas senger accommodation, aud carrying capa city for 180 tons of cargo. The main cabin is 18 feet in width, and 20 feet in length. It is to bo'fitted.Up in first-class style, and every convenience will be provided for the comfort of passengers. Taken as a whole, tho schooner is ono of tho most handsome and substantially built, which has yet been turned out of our local shipbuilding yards. She will be fitted up at once, and is ex pected to sail about the end of 'this week for Leyuko. C»Ptaiu Murray takes com mand.7 ....-,,... ■... 7 ... ■■ ■ •'■ '■ ,',

GRAMMAR SCHOOL BOARD OF GOVERNORS.
