The Sun.
London, England, 1826-02-15 00:00:00

[MORNING HERALD.]

The desperate state of the Money Market,
which we have of late had so frequent occasions of noticing,
still increases, and the proceedings of yesterday were of a very
Important nature. The measures agreed to be adopted in the
House on Monday night, has thrown terror over numbers, be.
cause, however beneficial those measures may eventually prove
to the public at large, there are thousands of individuals who
are well aware that they cannot stand the ordeal, and therefore
for that, aml no other reason, they raise their voices loud and
strong both against Government and its measures. The scene
on the Stock Exchange yesterday was beyond all description.
Immediately business commenced it was rumoured that a very
extensive mercantile house, intimately connected with Ameri•
can and other Foreign Loans, had suspended payment, but the
rumour turned out to be without foundation. It did not, how•
ever, fail of having its effect on the Money Market, and a rapid
decline in Consols immediately took place ; they went down
from 76 to 73/ ; Exchequer Bills, to 23 shillings discount ;
Bank Stock to 193 ; and all the British Funds underwent a '
similar reduction in value. The effbct on the Foreign Market
wns still more severely felt, and yesterday being the foreign
settling day, that circumstance materially tended to aggravate
it. The fluctuations in the various Foreign Securities was most
extensive. Colombian Bonds went from oto 40}; Mexican,
from ti6i to 49 ; Russian Bonds went down near three per cent.
and, in fact, the whole Market was in that complete state ,of
confusion, that no prices could be quoted for any thing, b°''
gains being done almost in the same breath at widely different,
prices. Amidst this confusion it was soon known that a nutn•
bee of Gentlemen on the Foreign Market would net be able to
make good their engagements, and in the course of the day the
following were duly announced as defaulters—namely,
Symonds, Danl. Mocatta, Levy Brothers, and S. 11. Israel.-'
These parties were all looked upon as first-rate men On
the
Market, and were all of the Hebrew persuasion. The ago,
ences of all of them were very great. Mr. Mocatta is connected
by marriage with Mr. Rothschild, and he failed on the Market
about three years since, when the rapid decline took Place in
Spanish Bonds, in consequence of the declaration of war by
France against Spain. Mr. Symonds, independent of his Stock
Exchange ivocations, is an eminent Dutcl merchant ; 504
bevy Brothers were the principal brokers for a large. When
,he effect of these failures had to a certain extent subsided,
rifling advance took place in some of the Securities.

CHELTENHAM, Fan. 19.—The following hag"
been communicated to us as an occurrence that
should not be suffered to pass unrecorded
coachman, who drives one of Mr. COSTEICS'day
coaches from this city, well known on the road bi
the name of Black Will, overtook, when a few miles
on his journey, two girls of rather a prepossessing
appearance, though very ill attired, who request-.
ed a lift. Their request was granted, and the
object of their journey to London soon ascertained.
On their arrival in London, Black Will told then:
to follow him, and he took them to a woman °I:
whom he could tely,and ordered them to be locket'.
up in a comfortable room. The next morning b,
called early at the house, had them roused, and
supplied with breakfast, brought them cle"
inside his coach, and restored them to their pa
•
rents. It would be well if those who are ambi-
tious of imitating coachmen on the high road
could be prevailed upon to follow Black Will 11)
his career on this road.—(Chcltenham Journal')