The City of Owen Sound Lost.

The steamer City of Owen Sound struck on Robertson's rock, off Clapparton Island, Lake Huron, about four o'clock on Monday morning, and sunk in about half an hour. THe crew reach the island in safety, whence they were rescued by the steamer Campana and taken to Collingwood. The vessel and cargo are a total loss, and the crew lost everything but the close they had on at the time the vessel struck. There were no passengers aboard. The City of Owen Sound was loaded with 24,500 bushels of corn for Dunn & Thompson, of Montreal, and 411 packages of fish for Smith & Keighly, and Leckie, of Toronto. The City was built in 1875 at Owen Sound by J. Simpson, rebuilt in 1884 and 1886, had a registered tonnage of 598 tons, classed A1½. She was valued at $29,000, was owned by Smith & Keighly of Toronto, and was insured in the Western Pool for $31,000. In the fall of 1884 she went ashore on a reef at Peninsular Harbor, Lake Superior, and lay there all winter. She was taken off in the spring and rebuilt at Owen Sound with great care, a large amount of money, about $18,000, being expended on her in rebuilding and repairs. She was considered one of the staunchest wooden steamers of the Upper lakes. After being rebuilt, she was used almost exclusively for heavy freights, whilst the Campana, of the same line, carried the light freights and passengers.