BARMOUTH, NORTH WALES.-—At 10.25 M. on Sunday, the 14th of February, the Jories-GM Life-boat put off to the assistance of the ship Magnolia, of Yarmouth, N.S., bound from Norfolk, Virginia, for Liverpool, with a cargo of cotton, which had stranded on a reef about seven miles from Barmoutb, during a S.W. wind.

The Life-boat remained by the vessel until the following morning, when her services were not further required, as the ship ultimately floated, and was taken in tow by two steam-tugs..