LOWESTOFT.—At 6.20 A.M. on the 7th October the coxswain of the Life-boat was informed that a ship was ashore on the middle part.of the Holm Sand. The crew of the No. 2 Life-boat, Two Sisters, Mary and Hannah, were at once called together, and in ten minutes from the time of the alarm being given, the Lifeboat was leaving the harbour, in tow of the steam-tug Dispatch. When half way through the Stanford Gat the tow-rope was let go, the Life-boat crossed the sands and rau down to the stranded vessel. On approaching her, three tremendous seas struck the Boat, completely submerging her, and washing overboard one of the crew; but happily another seawashed him into the Boat again. The vessel was ultimately reached, and her crew, consisting of six men, who had taken refuge in the main rigging, were got into the Boat, which then, re-crossed the Bands, was taken in tow by the steamer, and reached the harbour at 7.40 A.M. The wrecked vessel was the three-masted schooner Lymington, of Harwich, bound from Sunderland for Southampton with a cargo of coal..