The brig "Sarah Lovett" of and from St. Stephen, John W. Abbott, Master, sailed from L'Etang on 4th Dec. and when 3 days out was capsized in a heavy gale of wind from N.; cut deck load fastenings and topmast rigging, when she righted, with lower masts standing and waterlogged. Capt. John ABBOTT perished same day. The crew succeeded in getting a barrel of bread damaged with salt water from below which, with some ice and snow found on deck, afforded their only sustenance during the time they continued on the wreck. On the 13th day after the disaster, two of the crew died and on the 15th (or 22nd of Month) the mate perished, on which day the wreck was happily fallen in with by brig "Ann", Capt. TODD of Shelburne, N.S. and John B. LAWRENCE of Philadelphia taken on board in an almost exhausted condition and landed a day or two after at Barrington. The mate has left a wife and two children at St. Stephen.