FlSHGUARD, PEMBROKESHIRE. — Flares were shown by two vessels at anchor in Fishguard Bay while a strong gale was blowing from N.N.E. accompanied by a heavy sea, thick weather and snow, onthe llth February. Eockets were immediately fired at G-oodwick and repeated at Fisbguard and at 1.15 A.M. the Lifeboat Appin was launched. She proceeded first to the ketch Volunteer, of Aberystwyth, bound from Newport (Mon.) for Fishguard, with a cargo of coal, and afterwards went to the schooner Sarah Davies, of Aberystwyth, coal-laden, from Swansea for Dublin. Each of the vessels had parted one of her cables and was drifting towards the rocks, and had not the gale abated would have in all probability been totally wrecked. The Life-boat took off the crew of two men from the Volunteer and the schooner's crew, consisting of three men, and safely landed them at about 2.30 A.M..