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We regret to learn that the steamer Wm PARSONS, owned and commanded by Thomas F. Tunstall, was sunk in this river on Tues day evening, I4th inst. about 40 miles above the Post of Arkansas, and will probably be entirely lost, except perhaps her engine.- The Gazette states that s'she struck a snag, which knocked a large hole in her bottom and was immediately run on sand bar, where she unfortunately run on log, which, on the falling of the water caused her to break in two." The cargo, worth, 1t is said, about $60,000, was mostly insured. The boat was not. Most of the cargo was got ashore by the aid of the Compromise-but much dama- ged. The passengers with their baggage, were landed in safety.