“  PRESTON VESSEL FOR FOREIGN TRADE - Tuesday last was the day appointed for the launch of the first vessel of the Preston Foreign Shipping Company, by the builders, Messrs.Nicholson & Simpson, of Glasson Dock. Very early in the morning, part of the shareholders, in two conveyances, were on their way to Glasson in great glee. About two miles from the dock, they first got a view of the craft upon the stocks with her colours flying. They reached Glasson about 9 o'clock in the morning, and having mounted her deck to have a full view of her, they next surveyed her in every part. They were kindly received by Mr.Simpson and Capt.John Wilson, who is appointed to command her, and all expressed themselves satisfied with the manner she is finished in. Twelve o'clock was appointed for the launch, but long before that time there was a great number of persons from Lancaster and the neighbourhood, and several from Preston, to see her launched. About half-past eleven o'clock, the workmen began to make ready, and at a quarter to twelve o'clock, when with a great number of persons upon her deck, the word was given to strike the dagger, and Mrs.Wilson, wife of Captain Wilson, being appointed to christen her, named her the "Town of Preston". The gallant ship went off the stocks into the water, upon which she floated gallantly, and the spectators gave her a hearty cheer, cannons firing at the same time. She was then brought into the dock for the purpose of finishing her rigging. She will be ready for sailing in two or three weeks, when she will make a voyage to Ireland for a cargo which will be brought to Preston. At one o'clock, the bell belonging to the shipyard was sounded for the friends and owners to go to dinner, which was set out in the sail room of Messrs.Nicholson and Simpson. About 50 sat down. After the cloth was removed, Mr.Nicholson was called to the chair, and Mr.T.Carter, of Preston, was appointed vice. The chairman gave the usual toasts, and especial honour was done to "Success to the Town of Preston".