PETERHEAD, N.B.—On the 11th April, signals of distress were observed in the direction, of Seotstonhead, -whereupon the People's Journal No. 1 Life-boat proceeded out, and found the schooner Sunshine, of Wick, stranded on the rocks.

The crew of 3 men, the master, one of the owners, and 6 passengers, were taken into the Life-boat and brought safely to Peterhead.

When the Life-boat arrived, they were contemplating making an attempt to land in their own boat, a proceeding which, owing to the heavy surf breaking on the shore, would probably have been attended with serious loss of life. At high water a steam-tug and a pilot-boat proceeded to the vessel, and succeeded in getting her afloat, after which she was taken into Peterhead Harbour..