The Sun.
London, England, 1855-06-07 00:00:00

IRISH AND SCOTCH BANKS.

The returns of circulation of the Irish and Scotch
banks for the four weeks ending, the 12th of May last,
when added together, give the following as the average
weekly circulation of these banks during the past month,

viz. :
Average circulation of the Irish banks...
Average circulation of the Scotch banks,

£6 349 950
... 3,901,301

Average circulation during past mouth _210,243,551

On comparing the above with the fixed issues of the
several hanks, as given in the Banking Almanac, the
following appears to be the sts.`e of the circulation :

The Irish banks are below their fixed issue
The Scotch banks are above their fixed issue.

£12,244
814,092

Total above the fixed issue

L 501,848

The amounts of gold and silver held at the bead offices
of the several banks during the past month have been as
follows :
Gold and silver held by the Irish banks
Gold and silver held by the Scotch banks

,21,949,349
. 1,635,390

Total of gold and silver held £1,584,745
The above statements complete ths, returns of the (dr-
cqlation in England, Scotland, and Ireland for the month
ending the 12th of May.
These returns show an increase of 522,3891. in he
circulation of notes in England, and an increase of
560,542/. in the circulation of the United Kingdom,
when compared with the month ending the 14th of
April, 1854 ; and, as compared with the month ending
the 13th of May, 1854, the above returns show a
decrease of 1,722,1081. in the circulation of notes in
England, and a decrease of 2,031,6831. in the circulation
of the United Kingdom. _ _

The average stock of bullion held by the Bank of Eng-
land in both departments during the month ending the
12th of May was 15,554,8321., being an increase of
497,6711., as compared with the previous month ; and
an increase of 2,697,9661. when compared with the same
period last year.
The stock of specie held by the Scotch and Irish banks
during the month ending the 12th of May was
3,584,7451., being a decrease of 23,1801. as compared
with the previous return, and an increase of 93,0231.
when compared with the corresponding period last year.

STATE OF TRADE.

( From the Manchester Guardian of yesterday.)

MANCHESTER, June s.—The Asia brings advices of a
all
is feui.eplooaw
further rise in the price of cotton (say to gc. per lb,) in
the
id
dae
Americandedrdeetdo markets. Spinners, speculators, and
exporters
Liv operatingftuhlely d. p
freely.Tehrel lb yesterday
gTe
rh.issp ee intelligence
, attoors
thet
u
dlyabn.t. dhhmaat
othvraes:pt ane
obdrneveysari
ands
rcenhes
:ai
tvshesfahudnol
el
wytn
ihnsaelysdgt
dear
idiedna
oedd
nr..
teowanfteeFt
dkbr opaaeaydr:l
this.
vd quotationseamaynd d
aye even
indifference about selling at all. The makers of
goods are hastening in the wake of spinners, as
fast as they can. A considerable advance is required
to-day. On the other hand it is quite evident that buy-
ers are paralysed. The foreign merchants compare
prices here with those which are obtainable in their
several markets, and they dare not operate. As for the
home consumers of yarns, the manufacturers, they
do not know how to act in their capacity of buyers.
Thus matters stand : spinners sanguine, and indifferent
about selling at advances which average, we may say,
lid. to 2d. per lb. (nearly 2d.) in the medium and lower
counts of yarns since the first week in March; manufac-
turers firm, but not equally sanguine, 2.t advances vary-
ing from id. to lid. per lb. in the same time ; while the
bu ers, erplexed, dare not attempt to operate, except
y p
in a small way for the supply of immediate wants.
ROCHDALE, June. 4.—We have had a steady market
for flannels, and the manufacturers are asking better
prices. The wool market has not undergone much change
since last week, but the demand is tolerably good and
prices firm.
HALIFAX, June 2.—The business in our piece-hall to-
day has been as languid as usual, and the sales of goods,
of any description, very limited. Yarns and wools have
undergone no change.
HUDDERSFIELD, JUNE s.—The market has been very
quiet to-day. The wool merchants have been busier
during the past week than for some time previously.

THE LITTLE MYSTERY.—The lugger Mystery (of 16
tons) arrived safely at Melbourne on the 14th March
from Penzance.