The Glasgow Scottish Guardian of yesterday, announces a frightful wreck,
on the authority of a Paisley gentleman from Leith-
" When the Martello steamer passed the Ferne Islands on Thursday morn- ing, about six o'clock, she came upon the wreck of the Pegasus steamer, which had struck upon a rock at half-past twelve, a. m., and gone to the bottom. All her passengers and crew were lost, except five of the latter and one of the former; who were picked up in an exhausted state by the Martell°. The Pegasus had between fifty and sixty individuals on board, and was on her passage from Leith to Hull."