Later from Europe.
arrival of the Arabia.
New York,Narch 17th.
--The Arabia arrived yesterday.
She brings ½260,000 in specie.
The Australasian arrived at Queenstown the day the Arabia left, and returned in consequence of an accident.
Her mails and passengers were transferred to the Arabia.
Capt. Henry says his steamer broke both the flanges of her screw, Feb. 20th, in latitude 30 deg., longitude 34 deg., but continued on her voyage until the 26th, under canvas, when she encountered a heavy gale from westward, and put before it and reached Queenstown on the third, During one day's sail she made 280 miles under canvas.
The Canada arrived at Queenstown on the 2d inst.
The siege of Messina was expected to commence at an early day.
In the House of Commons the Syrian question had been under debate, and the conduct of the French troops in Syria generally condemned.
Lord John Russell, in a speech on the question, admitted that the occupation by the French army had been useful, but thought it desirable that it should terminate as soon as possible.
The Great Eastern would probably be ready next month to make another voyage to New York.
Fearful inundations at Galatz had destroyed hundreds of persons, and large quantities of grain lost.
The Russian Government announced that no Government measures, relative to the peasantry, will be published until the 2nd of March.
A Parris letter to the London Daily News mentions a rumor which is accredited in official quarters, that Metternich had just communicated to Thouvenel an important note from the Court of Vienna, where it is asserted that the Austrian government would never recognize Victor Emanuela King of Italy.
If France withdraws her troops from Rome, Austria will immediately replace her own army, and if the Revolutionist make the least movement in Venetia or Hungary, she will cross Messina.
commercial.
The London money market was unchanged, with an active demand.
American securities were dull and unchanged.
Liverpool, Friday Morning.--Cotton — Sales for the week 63,400 bales, including 25,000 for speculators and 11,000 for export.
The market opened at ¼ d advance and active, but the advance was subsequently nearly lost, and the market closed slightly above last week's quotations.
Estimated sales of Friday, 6,000 bales, market closing dull.
Stock in port 655,000 bales, including 645,000 American.
Saturday the market had an advancing tendency.
Flour closed dull.
Prices easier and unchanged.
Wheat quiet and irregular, partially 1d. @2d.
lower. Corn dull — Mixed 36s. 9d.@37s Beef quiet.
Pork dull.
Bacon heavy.
Lard dull, and slightly lower.
Sugar heavy.
Rosin heavy, and holders pressing on the market at a decline on inferior qualities — common 3s. 2d. @4s. 7d.
Spirits Turpentine heavy and slightly lower, at 30s. 6d.@31s.
London--Saturday.--Consoles 915/8@91⅞. Bullion in the Bank of England had increased ½3,155,500. 