Star.
London, England, 1825-12-15 00:00:00

ONE O'CLOCK.

The alarm in the Money Market is rapidly subsiding, and the
City looks more cheerful than it has done for some days. A tem-
porary gloom was tin own on the Money Market, by the announce-
ment that the house of Sir WALTZ.. STUMM% and Co. had stopped
payment; but as the business of the firm was less extendve than
many houses in the City, it is not expected to interrupt the tran-
quillity which has commenced. This is the day that the flank of
England discounts Town Dills.

CITY, TWO O'CLOCK.

'Everything here is very steady to-day, and though Stocks have
not risen, yet the difference which prevailed yesterday betwren
the price for the Opening and 31oney has gone off, and has brought
Seduced and Consols for opening to their proper proportions--
Consols for opening are now a2l. and Belated for Money at Nip
which latter was done yesterday as low as 75 : no mischief what-
ever has h.ippentd in the City to-day.

rvicK OF STOCKS AT TWO acLoaL.

Bank Stock 200 202
3 rer Cent. Iced. 79% 80 79% 80% 8014
3 pet Cent. Cons. Shut.
3!2 per Cent. 86% %
4 pei Cent. New Shut.
India Bonds 55 50 70
Old Annuities 80 .
tl,OOO Exchey. Nils 30 26 32 28
iT.OO ditto 15 13 19
CIO) and 1200 ditto 5 9
ildiA for Acct. 250
Cons. for Account 821,4 34 3/8
FOltEliiN FUNDS, TWO O'CLOCK. •
4,:strian 11.1 s 5 p Ct. 92 90j 11 Mex. Scrip,
Ditto Acct. Nuapcilusii Bonds,:
Brdailian Hand., • l'iruv. lids, 6 p C. 41"
D.:. Scrip, 5p C. 1625, 19 20 Ditto Scrip, 1825.4 pC.
Ditto Acct. Poituguest Bonds 78 91
ruptios Ayrrs Bonds 72 Ditto Acct.
Kilian Bonds, G p Ct. Pron. lids. 4p C. 90
Cut bian pC.53 4 Do. Bonds. lett.
Ditto Acct. 55 Russ. 1id5,1822, p Ct. 85 1
1:o. lkls 11424, 56 7619 8 7 Ditto Acct.
Acc. 57 fle 8 9 81 Span. 5 p Ct. C. 13j
Bonds, 98 Ditto tor Act. 141
Dm Marks Ditto 510,
Ditto ronds.3 p Ct. 1825, 581 Span. sp. t.t. C. 1823.
6:veil Bonds French Bents*, 5p C. 91f

Do. Lids, 1825„ 14 I Exchange, 2.1 15c
Alex. Ponds 5 p. Cr. French ltentes. 3 p C.
D.tto Acct. 5 0 C. Exchange,
Do. 114,1825.6 p Ct. 58 9i 8 9 Guatemala Scrip. dig.
Do. Acct. 59 e 8 61 59 64ii Ditto Acct. tlis.
IiItITISH AND FOREIGN SHARES. TWO PICLOCK.

• !MARL

rAID.
3.5

40 37e
4

.4:,g10 Mexican 5 pm. 100
Ca.trilu & F.:quilt., Santo 100 5
I.! iced Mt Incas, 40 20 ....
Ditto Nvw 40 10 15
Welch Iron & Coal 25 15 141
Prlti3h flock & Patent Salt 10 6 61
Grist Wesuninster Dairy 25 • 6 31
P:ovincial Bank of lrelaail 100 10 71

We are authorised to contradict the report of the
stopping payment of • the- very respectable film of
Messrs. MILLI); and Tams; Bankers, Gravesend, which
unfounded report appeared in the STAR of yesterday.

Although we have to announce the suspension of
payments by another banking-house, that of SirWALTER
STIRLING and Co. in the Strand, yet the alarm that has
for some time pervaded the monied intere►ts, is rapidly
subsiding—the Meeting of yesterday at the Mansion
House, a full report of which will be found in our front
page, has dispelled the gloom which clouded the mer-
cantile horizon, and proved how much men are the
creatures of impulse; a panic in battle is no less de-
structive and overwhelming than an alarm as to public
credit, %hen persons fancy themselves on a mine ready
to esplo.cie, and :awe qui pent is every one's sole business.
The Meeting at the Mansion House was attended tf
many of the most respectable Merchants in the City,
all of whom joined, in a declaration that the present
embarrassments and difficulties were mainly to be

attributed to " a general panic, for which there are no
reasonable grounds ;" and that they had " the fullest
confidence in the means and substance of the Banking
establishments of the capital and of the country." Such
a declaration, from a body who represented almost
every mercantile interest, and the commercial wealth of
the City, cannot fail of inspiring that confidence which
an unfounded alarm has shaken. The Directors of the
Bank of England, who during the present crisis have
actectimaiih firmness, promptitude, and liberality, are
occupied with a plan for remedying the present staterof
things, if indeed, any new al sangements are rendered
still necessary.
As, however, a want of confidence has been the 'prin.-
cipal cause of the heavy pressure on the Banks, and
that cause may be considered as in a great degree re-
moved by the Meeting at the Mansion House yesterday,
it is to be hoped that the money market will anon re-
sume its usual character and complexion : indeed, it is
rapidly doing so, and we are assured that many per-
sons who withdrew their money from Baaking•hotsws
in a moment of fear, are replacing it in the same hands
with confidence.
As a proof how unfounded or exaggerated the alarm
has been, we refer to the. Report of the Meeting. Mr.
for the City, stated,
i was a want of con&
that were now suffer-

ing fromn the extraordinary P.4:c, are able to ray .fc.rty,*
fill'', or even sixty shillings in the pound.
Mr. BARING shewed, and that very clearly, how im-
probable, or almost impossible it is, for a Banker to
meet, at any particular moment, every claim of a cus-
tomer ; the business of a Banker, in fact, could not be car-
tied on, excepting by using a portion of the deposits,which
is generally done on unquestionable securities, though
they may not be instantly converted into cash, parti-
cularly at a period of alarm like the present. Mr.
BARING deprecated the Want of confide ace which had
been displayed respecting houses whose solvency was
indisputable ; and he stated that—" lie had kept
his account lately as it alwa's stood ; and if his
Banker should stop payment (of which he, had not the
slialatest apprehension), he should be less ashamed
to see the balance due to him in his books, than to
have it said that he had distressed hii Banker, by
selfishly hoarding his sovereigns." This manly de-
claration was, as it deserved to be, received-with great
applause.
Mr. lawn°, who is one of the Gentlemen engaged
in examining the affairs of Sir PETER POLE And Co.
assured the Meeting, that after paying every claim on
them, the house possessed a surplus of 170 o.'ol. inde.
pendent of the landed estates of Sir PETER Por.E, and
100.0001. elsewhere. Similar declarations were made as
to the solvency of other houses, thatbave, on account of
the extraordinary run, stopped pay ment.We have no time
to dwell further on the subject, but refer our Readers
to the report of the M.eting, which cannot fail
of I av ng a great effect in trn: quillizinA the public
mind, both in town and c"untry.

We are happy to find that in the provincial towns
the best means are taken to c .unteract the alarm which
exists as to the monied interests, by persons of wealth,
rank, and respectability coming forward and declaring
their confidence in the solvei'cy of the Country Banks.
This has heeu done at Wakefield, Leeds, Bradford,
Halifax, Derby, Nottingham, and Leicester. The con-
sequence has been, that at the latter place, Messrs.
CLARKE and PHILIPS have issued a notice assuring the
public that they would soon be able to pay all demands.
With regard to the banking houses of WENTWORTH.
and Co. it is confidently stated by some, that Earl Frrz-
WILLIAM has offered to advance WENTWORTHS
100,0001. and that they will consequently be enabled
to resume payment, but no day is named. Mr. WENT-
WORTH, jun. has also declared, that he will join in
cutting off the entail of large estates to which he is
heir, to enable his father to mt et all demands, should
such a sacrifice be necessary, which is not expected to
be the case. The following are extracts from some of the
Country Papers on this subject

PROM THE NOTYINGHAM MERCURY, DEC. 14.

It is with pleasure we state, that at a Public Meeting held last
night, most respectably attended, the Worshipful Maros in the
Chair, it was agreed to take the antes of all the Nottingham Bank,.

THOMAS WILSON, the Metnber
that all the Bankers suffered from
dente, and that many of the firms