The Sun.
London, England, 1857-04-02 00:00:00

LAW INTELLIGENCE.—(This Day.)

COURT OF BANKRUPTCY.
(Before Mr. Commissioner Pane.)

IN RE S. ADAMS—THE wArbE AND HERTFORD BARK. r
Today was appointed for the adjourned examination
of this bankrupt, who bad carried ou business as a banker
at Ware and Hertford.

The statement of affairs, prepared by Messrs. Thomas
and Copley, are of a very voluminous nature, consisting
of no less than 313 folio pages, of which the following is
a summary :—The balance sheet commences 6th Dec.,
i 854, and ended the 25th July, 1856, and shows surplus
capital at the former date, 13,079/. ; debtor to creditors,
25th July, 1856, 61,8491. ; to ditto holding security,
12,0851. ; notes in circulation, 12,0601. ; liabilities,
56,0441. ; profits, 3,0341. Bs. 2.1. ; rents, 2,2011.—t0ta1,
160,3451. Creditors by good debts, 12,2881. 4s. 81. ;
doubtful, 1501. ; securities deposited (7,2081.) estimated
to realise 2,5311. ; freehold property, 4,9451. ; ditto, in
whch the bankrupt has a life interest, 4,9341. ; property
8,0301. ; ditto in the hands of creditors, 13,7151. ; rents,
6,260/. ; trade expenses, 4,806/. ; interest on mortgages,
7681. ; layucosts, 3861. ; annuities chargeable on property,
3561. ; domestic and person-al expenses, 5,487/. ; depre-
ciation in value of property, 19,9 851. 6s. 63. ; losses,
9,3031. 4s. 9d. ; ditto in securities, 4,6711. ; liabilities,
per contra, 56.044/. ; balance, 8071. Total, 160,3541.
Mr. Lawrence appeared fcr the assignees, to ask for
a further adjournment, in consequence of an error in
the accounts, the bankrupt not having made a cor-
rect statement as to a loan of 3,0001. to a Mr. John
stone. It would be remembered that Johnstone
bad had transactions with a young gentleman
named Kay, whom he defrauded, and Kay, when of age,
filed a bill in Chancery against him, and bankrupt was
made a party, as some of the securities had been depo-
sited with him. Bankrupt had also lent Johnstone about
3,000/ , but instead of entering it as a loan he had put
the loss to personal expenditure and other items, and
the discovery was not made until within the last 43
hours, to the great surprise of Mr. Thomas himself and
Mr. Whitmore. He did not impute any fraudulent in-
tent, or he should have asked for an adjournment sine
die, as Johnstone was bankrupt and there were no
assets, so the estate was not injured, and bankrupt was
probably ashamed to let it appear when nothing could be
got.

His Honour said it was fortunate the bankrupt had
not passed, or he would have been liable to severe
punishment. An adjournment must take place to

amend.

The bankrupt and several witnesses were then called,
and the examination will occupy a considerable tune.

IRISH AND SCOTCH BANKS.

The returns of circulation of the Irish and Scotch
banks for the four weeks ending the 14th of February,
1857, 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 £7,253,905
Average circulation of the Scotch banks ... 3,957,810

Average circulation during past month ...211,211,715

On comparing the above with the fixed issues of the
several banks, as given in the Banking Abnanac, the
following appears to be the state of the circulation 1—

Tho Irish banks are above their fixed issue £839,411
The Scotch banks are above their fixed issue 870,601.

Total above the fired issue £1,770,012

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

Gold and silver held by the Irish banks £2,711,446
Gold and silver held by the Scotch banks... 1,722,403

Total of gold and silver held £4,433,849

The above statements complete the returns of the cir-
culation in England, Scotland, and Ireland for the month
ending the 14th of February.
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 tha
United Kingdom, when compared with the previous
month :

Tan. 17,
1857.

Feb. 14,
1856.

Increase.

Decrease.

Bank of England .. •
Private Baiiks
Joint-stock Banks ••

Total in England
Scotland
Ireland ..•....•

United Kingdom .. • •

I 9,1!,3,100
3,727,473
3,0)0,917

25,71,520
4,125,178
7,1t,8,667

137,265,305

1*,983,205
3,693,025
3,037,124

209,895
31,443
13,823

25,713 354
3,957,810
7,253,905

85,298

258,168
167,368

136,925,069

310,236

Showing a decrease of 258,166/. in the circu-
lation of notes in England, and a decrease of
340,236/. in the circulation of the United Kingdom,
when compared with the month ending the 17ili of
Jan. ; and, as compared with the month ending the
16th of Feb., 1856, the above returns show a decrease
of 52,5171. in the circulation of notes in England, and
an increase of 349,0751. 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
14th of February was 10,123,7911., being a decrease of
52,2371. as compared with the previous month ; and
a decrease of 425,7571. when compared with the same
period last year.
The stock of specie held by the Scotch and Irish banks
during the month ending the 14th of February was
4,433,8491., being a decrease of 163,7001. as compared
with the previous return, and an increase of 383,272/.
when compared with the corresponding period last year.