The Sun.
London, England, 1856-10-10 00:00:00

IRISH AND SCOTCH BANKS.

The returns of circulation of the Irish and Scotelt
banks for the weeks ending the 30th Aug., 1856,
when added together, give the following as the avera,gi
weekly circulation of these banks during the past month;

viz. :---

Average circulation of the Irish banks
Average circulation of thd Scotch banks .

.. £6,011,328
.. 3,941,450

Average circulation during past month ... £9,933,278

On comparing the above with the fixed issues of the'
several banks, as given in the Banking Almanac, that
following appears to be the state of the circulation .

The Irish banks are below their fixed issue £312,666
The Scotch banks are above their fixed issue... 851M1

Total above the fired issue

X 541,576

The amounts of gold and silver held at the head offices
of the several banks during the past month have been as
follows

Gold and silver held by the Irish banks £2,14%7.57
Gold and silver held by the Scotch banks... 1,666,544

Total of gold and silver held £3,812,301

The above statements complete the return 3 of the cir-
culation in England, Scotland, and Ireland for the month
ending the 30;1 of Aug. • -
These returns, combined with the average, circulation
of the Bank of England for the same period, will give
the following results of the circulation of notes in the;
United Kingdom, when compared with the previous.
month .---

. •
Aug. 2, Aug. 30,
-- 1856. 1856. Increase. Decrease.
—..---..
£££ . £
Bank of England .. • • 23,656,446 20,063,875 592,571
Private Banks
Joint-stock Banks • • 2,930,714 2,918,776 71,938
...._____— ______-..._ .........--...._.... ----;
Total in England
Scotland
4:010352:048545
63:094111:845280 : = , -
0904,022374
United Kingdom .. • • 37,518,454 36,527
'563 990,991
Ireland

Showing a decrease of 836,6301. in the circu-
lation of notes in England, and a decrease of
990,8911. in the circulation of the United Kingdom,
when compared with the month ending
the 2d of
Aug. ; and, as compared with the month ending the
Ist of Sept., 1855, the above returns Show a decrease
of 191,6381. in the circulation of notes in gngland, and
an increase of 233,2451. .in the circulation of the -United
Kingdom.
being an increase of
•
The average stock of bullion held by the Bank of Log=
land in both departments during the month ending the
30th of Aug. was 12,443,3581.,
60,6381. as compared with the previous 'month ; and
a decrease of 3,275,986/. when cowl:Jared with the same
period list year.,
. ,
The stock of specie held liy the Scotch and Irish banks.
,lurint: the month ending the oth of Aug. was
3,81,?, being " decrea., of 31,633/..as compared
with the previous return, and an increase of 321,969!.
when compared with the corresponding Period last year;

SPLENDID INVESTbIENT.—" Russia has resolved on the
formation of 3,000 miles of railway, which are conceded..
sAtnging. Upon this sulo.French company, with a capital of five mil-
lions
cent.,,
Who guarantees the Czar is not stated, nor
what :ecnrity is to be tendered that double or treble the
~mount be not called for, seeing that IMG/. 13s. 4J,
per mile would Ncatcely in this country pay.the
Lint this we will onrselves warrant, that if the profits do.
aot equal the promised interest, the CL'ar's guarantee
oefore five years will not be worth the paper 'tis written
We trust our countrymen will steer, as clear of this
Juggle as they did of the Royal British Bank, a scheme,
by the way, which the English papers take great trouble
to inform their readers was founded on "the Scotch
system," omitting to add—as they well might-that
most powerful and successful banking establishments now
the sa me iniq uit ous
in London are formed upon precisely the
mismanagement always excepted.—.plan'sCircular.