El Nuevo mexicano., 1917-02-01
PROBERS BAFFLED
IN ATTEMPT TO
find OUT HOW
BROKER GOT WISE
Wall Street Firm Warned
Customers Peace Note
Was to Be Issued
FACT OF LEAK
PLAINLY SHOWN
fBy leased Wire to New Mexican.)


NEW YORK, Jan. 31.-F. A. Con,
molly, the Washington broker, who
supplied e. r. Hutton & Co., New
York brokers', with a remarkably &C
curate forecast of the contents of the
presidents peace note on December
20, declared repeatedly and emphati-
calIy at the "leak inquiry" today that
all of his information was based on
gossip and rufnor Of persons whose
anne he could not remember.
Boiling merely had a clientele whom
he kept In touch with market affairs,
he explained.
WhippIe then took up the messages
that passed between Connolly and the
Hutton house on December 20.
Connolly said he had no copies Of
any of these messages. He said he
always wrote messages, handed them
to his operator and saw them
again.
New York, Jan. 31.-Ffnding fur
Their examination today of e. F. Hut
ton barren of result as far as show
ing the origin of the information on
which the stock brokerage firm of =.
F. Hutton & Company warned its
customers that President Wilson's
peace note was to be issued, the con"
gressional 'leak' investigation COM
mittee today decided to summon
George A. Ellis, Jr., the member of
the firm who wrote the warning tel
egram. Ellis, according to Hutton, is
i'll in Georgia but the committee
nevertheless decided that he must ap-
pear.
F. A. Connolly, of r. A. Connolly Il
Company, the Washington brokers,
who furnished the Hutton firm with
the information was expected to take
the stand later today. Connolly on his
arrival from Washington denied that
the information came through R. w.
Boiling, the presidents borther-in-
law and a member of his firm. He
said that it was gathered merely from
general talk around Washington.
Hutton today said that although n
possession of information as to the
presidents note at least two hours
before the market closed on Deem
Der 90, neither he nor any of his eight
partners had taken advantage Of it.
His customers had an hours leeway
to sell before the market closed.
They were in the aggregate about 34O,-
900 shares. He was of the opinion
that few needed the warning but
promised the committee to furnish
the exact amount of selling orders
that came in.
Hutton said that the information he
had on the peace note made little i'm
preston upon him. What KILLED the
market" was SECRETARY L%ansing's
verge of war; statement he said, the
day the presidents note was forward
ed, December 81.
Customers of the Connolly firm
during the t"peace period" in the a
ket lost $40, 900, it was brought out.
Mo pools or collections of persons
were operating through his firm be-
tween December 10 and December 70,
Hutton said. He volunteered the en-
phatic statement that the connection
between his firm and Connolly 4
Company was not made because Boil
ing was President Wilson's brother
in-law. II want to say" he said,
that we did not take the account OF
Connolly G. Company because Mr..
Boiling was President Wilson's BROTH
er-in-law. 1t would have been the
same II he had been a Smith, Jones or
any one else provided we were con
WINGED members Of the firm were
clean men,"
Until the Connolly firm opened,
Hutton said, his house had had no
Washington representatives. for seven
years.
The witness also insisted that he