LOUISVILLE, March 1o.
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Distressing Occurrence. have re- ceived the following account of distressing casunlity that occurred yesterday morning on board the steamboat Sylph from an eye wit ness, who was passenger, and arrived here in the Volant this morning. The Volant bears marks of fire on her wheel house and upper works.

 The Volant and Sylph had exchanged pas sengers and cargo just before the accident = The cargo of the Sylph was not injured. She proceeded to Frankfort, her engine having sustained little or no injury.

 FRIEND CLARKE :-The steamboat Sylph from Frankfort, took fire at the Cedar Ripple on Friday morning about o'clock. The up per deck, including the ladies cabbin, were entirely consumed: Three deck passengers were burnt to death one white woman, one black woman, and small child. Five ladies and two children, narrowly escaped from the ladies' cabin. All their baggage and wearing apparel excepting their night dresses, which they had on, were consumed. The Sylph was alongside the Volant, which, for few moments was in imminent danger. The Sylph however, was soon disengagsd and dropped a few rods below. MT Caldwell, of Lexington, jumped overheard, and with much difficulty, swan to the Volant. The father of the child that was burnt to death, was severely injured by the fire, his face and hands being dreadful ly burnt. The cool and deliberate conduct and active exertions of Captains Armstrong and Potter were worthy of commendation.

 Yours, O. s. HINCKLEY