The Parker instability is considered to play important roles in the evoluti
on of the interstellar medium. Most studies on the development of the insta
bility so far have been based on an initial equilibrium system with a unifo
rm magnetic field. However, the Galactic magnetic field possesses a random
component in addition to the mean uniform component, with comparable streng
th of the two components. Parker and Jokipii have recently suggested that t
he random component can suppress the growth of small wavelength perturbatio
ns. Here we extend their analysis by including gas pressure, which was igno
red in their work, and study the stabilizing effect of the random component
in the interstellar gas with finite pressure. Following Parker and Jokipii
, we model the magnetic field as a mean azimuthal component, B(z), plus a r
andom radial component, epsilon (z)B(z), where epsilon (z) is a random func
tion of height from the equatorial plane. We show that for the observationa
lly suggested values of [epsilon (2)](1/2), the tension due to the random c
omponent becomes important, so that the growth of the instability is either
significantly reduced or completely suppressed. When the instability still
works, the radial wavenumber of the most unstable mode is found to be zero
. That is, the instability is reduced to be effectively two-dimensional. We
discuss briefly the implications of our finding.