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A perilous adventure in the air with Balloon was was made at St. Louis by Mr. s. Hobart and Miss Day on the 9th inst. After going up about two miles he found by the slow, rotary turn the balloon ed, that she was wearing into another current, and that that would take them over the Missis- sipp On applying himself to the valve cord he found it bound the neck of the balloon, which hung in folds, pressing the small hoop head, and en- trey out of reach. In a letter written at o'clock in the evening, Mir. H. gives the following account of his escape from this perilous situation:

 What was to be done? If the valve was forced open by pulling the cord with main strength, there possibility that its springs would be sufficient to close it again, and there renamed but the other alternative, of riding out the mooness night, and leaving the balloon the time and place of descent In this dilemma, expedent presented itself, sne that nothing but the emergency of the could have induced to try-that of ascending by the cords to the hoop my head, seated on which perhaps might remove the difficulty. Seating my little charge in the bottom of the car with strict injunction not to rise proceeded to what considered pretty tall cmbing.' With the utmost effort of my atrength succeeded n gaining the hoop, and resting myselfup on it. introduced my head and shoulders into the neck of the balloon, dissntangled the valve cord, and looking up through it to the valve, found all right then letting myself down the cords into the car, found that the little adventurer with me had been asleep, affected eronauts used to be at great al titude with drowsiness. The valve operating well, I descended slowly, and soon distinctly heard the tramp of horses, and concluded to land.

 then rose to an altitude of probably than two miles, and, after enjoying with my companion awhile the landscape below, comprising view of St. Louis, Alton, St. Charles, and the Mississippi and Missouri far beyond them, descended at this place without the slightest injury.

 The balloon being inflated and secured, MT. H. re- solved upon another ascension next morning, to certain for himself whether there is is not dim mutton of magnetic power in the superior strata of the atmosphere. But storm during the night destroy ed his balloon and hopes.