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

IRISH AND SCOTCH BANKS.

The returns of circulation of the Irish and Scotch
banks for the four weeks ending the 30th Aug., '1856,
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...
A.vorage circulation of the Scotch banks

1;6,011,828
:;,911,450

Average circulation during past month ... £9,983,278

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

The Irish banks aro below their fixed issue £312,666
The Scotch banks aro above their fixed 851,241

Total above the fixed issue,

' <41,575

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

Gold and silver held by the Irish banks 22,141,737
Gold and silver held by the Scotch 1,666A41

Total of gold and silver held

£3)812;801

The above statetnent3 complete th 9 returns of the'eir-
culation in England, Scotland, and Ireland for the month
ending the 301,11 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 pievious
month .

Aug. 2, Aug. 30,
-- 1856. 1856. Increase. peerease.
_
X. . X X. • • X
Bank of England .. • • 23,656,446 20,063,875 592.571
Private Banks
Joint•stock Batiks
• _
Total in England.-- , 27,386 915 26,544,',85 . • 836,630
Scotland 4,005,424 3,941,450 64,034
Ireland •••• .. ••
--7,-Qr
*hilted Kingdom .. • • 37,518,444 36,527,563 -- 92"'v

Showing a decrease of 836,630/. in the circu-
lation of notes in England, and a decrease of
990,891/. in the circulation of the United Ningd9m,
when compared with the month ending the 2d of
Aug. ; and, as compared *ith the month ending the
Ist of Sept., 1855, the above returns show a decrease
of 191,6381. in the circulation of notes in England, and
an increase of 233,2451. in the circulation of the 'United
Kingdom.
E.
The average stock of bullion held by the Bank of En,..
land in both departments during the month ending the
30th of Aug. was 12,443,3581•, being an increase of
60,6681. as compared with the previous month ; and
a decrease of 3,275,9861. when compared with the same
period last year.
The stock of specie held by the Scotch and Irish.banks
during the month ending the 30th of , Aug. was
3,812,3011., being a decrease of 31,6331. as compared
with the previous return, 'and-an increase of 321,969/.
when compared with the corresponding period last year.

SPLENDID INVESTMENT.—" Russia has resolved on the
forma.-I:‘e of 3,000 miles of rail say, which are conceded
to an Angio-Freneh company, with a capital of five mil-
lit;:.;, sterling. Upon this bUM the Czar guarantees fiverr cent." Who guarantees the Czar is not stated, ftor
wino; security is to be tendered that double or trebie'the
amount he not called for, seeing that 1,666/. 133. 4'.
per mile would scarcely in this country pay the
raile—
but this we will ouraelvea warrant, that if the profits-do
not equal the
promised interest, the Czar's goal ante°
before five years will not be worth the paper 'tis written
on. We quit our countrymen will steer as clear of thif
i',ggle as they did of the Royal British,Bank, a schen), ,
by the wav, which the English papers take great trouble
to inform their readers was founded on "the Scotch
system," mating to add—.-as they well might—that the
in London are formed upon Precisely the tame itiiquitous
most powerful and successful bankiogestablishments now
mismeragement always e:eepted. dllan s Circular.