New-York tribune., 1903-04-24
MISTAKE OF MILLIONS.
ASSETS NOT CREDITED.
More Messages Submitted to Shoe
There Was ". S. X. Stock Jobbing.

vreeIand, president Of the Metropolitan street
Railway Company before Magistrate Barlo"
in the library of the Criminal Courts builuiis
Yesterday more testimony was presented 10
show that Mr Amory's information regarding
his plans TO have the Metropolitan placed IN 'he
hands OF a receiver had been used for STOCK
speculation. One of the witnesses called py lie
Lancey NicoIl. OF counsel for Mr.. Vreeiand Was
winthrop Burr. a broker. OF Parkinson & Burr.
who said he had been requested by business
partner of William A Hazard to testify about
Mr.. Hazards recent operations in Metropoh-
tan stock Mr. Burr said Mr.. Hazard had SOLD
Metropolitan stock short in February ana Gov
cred the stock in March. making about SGoV'
in the transaction
Earlier in the hearing Mr.. Amory admitted on
the witness stand that he had exchanged sew
eraI cable messages with Mr.. Hazard early IN
the present year. when Mr.. Hazard was in Paris.
about Metropolitan conditions. The messages
were placed on the record at the time Yester-
day there were placed OH the record several
able messages which Mr.. Hazard had sent to
Parkinson & Burr. The, first Of the messages
read:
Paris. Jan. 30-Parkinson & Burr, Wall-st-.
sell thousand Metropolitan. consider strictly
confidential not excepting my people New-Yorh
Cable address. Dacrydium. Paris. Mall adoreSs
"a Rue Faisanderie. when necessary margin de-
pOsit reach your office. HAZARD.
On February Mr.. Hazard sent message TO
the brokers to sell one thousand more shares OF
the same stock. The cable order to cover the
Paris. March IS.
Parkinson, N. Y
Buy thousand; also IL think best. the second
-''- DACRYDIUM.
Mr.. Burr was asked if he knew whether or not
Mr. Hazard had made his transactions on the
advice of Mr.. Amory. -
IT never had the pleasure OF hearing Of Mr..
Amory until this proceeding began" replied the
witness.
Edwin l.. O'Bryan, business partner Of Mr.
Hazard next testified that he had conversations
with Mr.. Amory in December last and in Febru-
airy of this year about Metropolitan stock The
first conversation was vague and unimportant.
The next conversation was in February.
Q--What conversation did you have? Ale
said he was prepared to talk about the informal
tion he had for Hazard He showed me mass
OF figures a table, and said that the informa-
ticn contained in the figures and data had prob
ably been given to the District Attorney. and
that it might affect Metropolitan stock. / said
to Mr.. Amory: You believe that there is money
to be made selling Metropolitan shOrt? Amory
said Yes" and told him that didn't think
Mr.. Hazard would care to sell short. and that
would not cable to Mr. Hazard, but I would
write to him myself I didn't want any of the
clerks to know anything about it, as it was
especially confidential.
Q.-Was anything said to you by Arnory about
a receiver for the Metropolitan? A--Nothing at
Mr.. O'Bryan produced copy of a letter which
Mr. Amory had sent to Mr.. Hazard on December
%. containing the following:
Within two weeks or a little more (neary
certainly by the 10th of January, or within a
few days of that date), certain railway stock
should have very decided change in its mar
ket value. cannot be more definite than TO say
MetrODOlitaQ
the Manhattan company, nor am permitted to
say how the price will go But you may de
pend absolutely upon my good faith knowledge
and correct information.
If you care to take advantage Of the informa-
tion which 1 convey in confidence to either
Mr. O'Bryan Mr. Moulton d day or two be-
fore the movement will take place, I presume
you can arrange by cable on receipt of this with
Mr. OBryan Mr.. Moulton. There will hard
~ be time TO write; in fact, almost certainly not
told Mr.. OBryan just about this much to-day
I wish I could be more explicit with you in this
letter, but it is out of the question I break no
faith but stretching things little in con-
veying much TO you.
In ten or eleven days from to-day I will call
on Mr.. OBryan to learn if you have cabled- IL
you have 1 will call again him or Mr.. Moul-
ton, so you may direct a day or two before the
movement spoken of, which. ] have stated
will be somewhere about the 10th of January. OF
course If I should see Mr. OBryan or Mr.. Moul-
ton Just before the event. I could be explicit
enough to satisfy either. your representa- tive
TO act for you on information conveyed by me-
or not to act as either might decide. I not
intended to convey that my Information
Just before the event would be fully sufficient
for either Mr. O'Bryan or Mr.. Moulton TO act for
you advisedly-
Joseph Eakins of THE World" was asked
the witness stand about the reports of Mr..
Hertle and Mr.. Teichman, accountants. which
were published in the newspaper in March. NJ.
Eakins said he found the reports on his desk in
the newspaper office one day and referred them
to Pomeroy Burton. who tnen was managing
editor He said he did not know where the re-
ports came from. Mr. Burton went into the
witness chair, and said that the reports which
were published were received by him from Mr.
Eakfns He did not know he said who sent the
reports to the Office
Philip J. Britt's name had been called by Mr.
NicoH early in the day, and Mr. Nicon had
asked for an attachment because Mr.. Britt was
absent. but the request was passed over on the
assurance that Mr. Britt delayed When
Mr. Britt was placed on the witness stand in the
afternoon he admitted that he knew Mr. Eakins
DO you know James r. Keene?' Mr. Nlcoh
asked.
Il object" said Mr.. Osborne. Begin with
Anory. He is the man you accuse Of all this
well, Keene and the rest are his confed-
crates" said Mr.. Nicon.
Mr. Britt said he knew Mr.. Keene. Then he
was asked if ne knew anything about the re-
ports
made by Mr.. HertIe" replied the witness.
o-Who told you about them? A.-Mr.
Odd you tell Mr.. Eakins anything about
these reports? Al did not
Odd you have anything to do with tneir
publication in THE World? Al did not
Odd you send them to The World" ofhce?
Al did not
Mr. Britt said that he knew Talbot J. Taylor