We have this moment received inlclli. genco 'of the lo.» of lhe three-masted schooner, Mary Elizabeth, owned by J, P. Arndt of this place. She left Green Buy on Tuesday lust, bound for Buffalo, and went ashore on Louse Island. _ The crew and cargo were saved, but it is supposed the vessel will be a total loss, an at lhe last accounts she was I humping on the roclis in a heavy «ea.—*•CrTeen J3cty Advocate*