ST. ANDREWS, N.B.—The Ladies' Own Life-boat put off on the morning of the 16th November to the assistance of the schooner Roseneath, of Hull, which was near the breakers on the sandbanks off St. Andrews during a strong E. gale and very heavy sea, accompanied by heavy showers of sleet. It was found that the master had lost his reckoning. His real position was explained to him, and as the wind had then veered round to the N. he made sail to the eastward and proceeded out of the bay..