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October 30th -- At the first gleam of daylight we eagerly scanned the southern and western horizons, but the morning mists limited our view. Land was nowhere to be seen. The tide was now almost at its lowest ebb, and the colour of the few peaks of rock that jutted up around us showed that the reef on which we had stranded was of basaltic formation. There were now only about six feet of water around the Chancellor, though with a full freight she draws about fifteen. It was remarkable how far she had been carried on to the shelf of rock, but the number of times that she had touched the bottom before she finally ran aground left us no doubt that she had been lifted up and borne along on the top of an enormous wave.
She now lies with her stern considerably higher than her bows, a position which renders walking upon the deck anything but an easy matter; moreover as the tide-receded she heeled over so much to larboard that at one time Curtis feared she would altogether capsize; that fear, however, since the tide has reached its lowest mark, has happily proved groundless.