Captain Blyth was on deck, and so was Ned; and the skipper immediately ordered that young gentleman to go aloft with his glass to see if he could make out the object.

Ned was soon in the main-topmast cross-trees, from which elevated stand-point he was at once enabled to make out the whereabouts of the supposed wreck with the naked eye, and he was not long in bringing his glass to bear upon it.

“Well, Ned, my hearty,” hailed the skipper, when the lad had been working away in a puzzled manner with his telescope, “that you see something is perfectly evident. What d’ye make her out to be?”

“It is not very easy to say, sir,” replied Ned. “The light is so dazzling in that quarter that I can see nothing but a dark patch; but it looks more like a vessel on her beam-ends than anything else. But, if it is so, she is lying over so much that her sails are in the water.”

“Phew!” whistled the skipper. “We must have a look at her; it will never do to leave a ship in such a fix as that. Can you see any people on board her, Ned?”

“No, sir,” was the answer. “But if there are people on board it would be impossible to make them out from our present position.”

“No, no,” muttered the skipper, “I don’t suppose it would; of course not. Hark ye, Ned; just stay where you are, my lad, and let me know when we have brought the wreck a good couple of points abaft our beam, and in the meantime take a look round with your glass and see if you can make out anything like a boat anywhere.”

“Ay, ay, sir,” replied Ned, settling himself into a comfortable, easy position in the cross-trees, somewhat to the secret trepidation of Miss Stanhope, who was watching his movements with a great deal of undemonstrative interest, and who every moment dreaded that the young man’s careless attitude, coupled with the pitching of the ship, would result in a fall. Nothing of the kind, however, happened; and in due time Ned hailed:

“I think we can fetch her now, sir. I can make her out much better than I could a quarter of an hour ago; and I believe she is a ship on her beam-ends. I can see nothing of boats in any direction, sir.”

“Very well,” replied Captain Blyth. “Stay where you are, nevertheless, and continue to keep a bright look-out. We will tack the ship, if you please, Mr Bryce.”