184 REPORT—1840. 
SAVINGS’ FUND DEPARTMENT. 
Lodged. Withdrawn. 
Savings in nine months of 1838 ............ lets Ma £408 
— in nine months of 1839 ............ 994 ......cccceeeee 594 
— in twelve months of 1839 ......... 1306 OE 4S 
Mr. Porter gave an account of a Mont de Piété since established at 
Portadown ; and mentioned that he had been last year successful in 
establishing one in Belfast. Mr. Porter then presented estimates of 
the extent of business carried on by the licensed and unlicensed pawn- 
brokers of Glasgow: viz. by the licensed pawnbrokers, loans, 149,674. ; 
and by the unlicensed pawnbrokers, above half a million of money, the 
latter sum at an interest of 433/. 6s. 8d. per cent. 
Mr. Bryce of Belfast, stated that the Ulster Statistical Society had 
made such progress in their inquiries into the state of education and 
the condition of the linen trade in the North of Ireland, that they 
would be able to present the results in a complete form at the next 
meeting of the Association. 
On the Bill Circulation of Great Britain By Mr. Leatuam. 
Having, through Lord Morpeth, obtained a return of the number of 
stamps issued from 1835 to 1839 inclusive, Mr. Leatham based his 
calculations on the supposition that each bill was circulated for half the 
sum which the stamps would cover, which was considerably under the 
amount. From the experience of his own bank, compared with that 
of the principal discount offices in London, he had found that the 
average date of bills, including foreign and inland, was three months. 
He then took the whole stamps for a year, and divided them by four, 
which gave the amount circulating at one time. By a similar induc- 
tion, he had estimated foreign bills at one-sixth of the English, though 
the proportion was rather greater; and he had taken the same average 
for Irish bills in the years where no official returns had been made. He 
then exhibited the following statement relating to the bill circulation 
of Great Britain and Ireland, during the years under-mentioned :— 
1815. 1824. 1825. 1826-7. 
dots £ £ £ £ 
Bill Stamps for Great eae 477,493,100|232,429,800 260,379 ,400|207,347,400 
creating the sum.........0.+0- 
Estimated Irish Bills ... 79,582,183) 38,788,300) 43,396,566) 34,557,833 
BOrelenstls Derccwssencdscones:sass0> 92,845,880) 45,194,683) 50,629,327| 40,317,072 
Total ........-..../649,921,163/316,362,783|354,405,293 282,222,305 
Average amount in cireulation } 162,480,290 79,090,695| 88,601,323, 70,555,576 
At ONE AME ses seoetasavenereces'e 
