New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-28
Field, Broker, :
Faces Charge
OF Contempt
Leon A., of Bankrupt Con
Germ, Said TO Have Failed
to Appear at EXamina-
iions Before Referee
Expose Dier Co. Actions
Recklein Says Employees
Were Given Wage Raises
for knowing Too Much

Preliminary steps leading 20 con-
tempt Of court proceedings Will be
taken to-day in the case Of fiela
Brothers, a stock brokerage concern
one partner Of which was a member Of
the Consolidated Stock Exchange
which failed last April with liabilities
Of 5000. 900. This rs because OF the
failure Of Leon A. Field. known as the
head Of the concern. 20 appear before
the referee in bankruptcy for further
examination.
Field. IL was said yesterday has
failed 10 appear az several hearings
sebeduled before the referee in bank
ruptey. John J. Townsend, and many
adiournments have been taken IN con.
,eouence. The hearing was delayed
YESTERDAY for half an hour, but neither
he nor his attorney put in an appear
anec.
Upon the application Of Max Rock
more attorney for the receiver. Carl j.
Austrian. Referee Townsend viii sign
to-day certificate that Field mas
ignored subp9nas. This certihcate
will be used in obtaining an order 20
show cause in contempt proceedings IN
the Federal court.
Through the publicity given the
Field case in The Tribune the person
knoUr as Mike, who was a confidential
clerk for Field Brothers, - believed
10 have been found. A woman visited
the District Attorneys office day be-
fore Yesterday and supplied the last
name ard the address Of Nike, both OF
which have been missing, along win
trrL ~ nrrnuVfa
Assistant District Attorney Benja-
min +. Schneider yesterday gave an
idea Of the character Of the comics
sion Of Adam G.. Recklein, indicted
along With +. ID. der, Harry ). Law
renee In. and Benjamin +. Shrimpton,
in the f. d. der Co. failure.
According 10 Rccklcin's story, IL ap-
pears that brokerage concerns like
bier's need imaginative mcntalities OF
the most versatile type. For instance
after all the stock excuses had been
exhausted on an insistent customer
who wanted either his money or his
securities, according TO Reckein, the
executive OF the firm would note on
the latest letter, Answer this some
how" and pass IL on 90 subord mate.
DER was not the fgurehcad he IS
made out 20 be. according 10 keck-
lein. but was around the office con
siontlv and knew the detailed work
ines He was not able 10 postpone de-
mands for increases OF salaries, how
ever. because, as Recklein put IT, the
help knew too much about the bus
ness. When his superior admonished
him for demanding a raise, saying ne
was pretty we'll paid already with
salary Of $50 a week. one clerk re-
torted: You're getting more" accord
ing 10 Recklein. Thus few demands
Tor raises were refused, and one Office
how worked his way up from $50 20
SIPS a week. Mr. Schneider said.
Recklein himself was increased, he
taid. from S85 a week as manager OF
the Pittsburgh office 20 $500 IN New
York. lie and Shrimpton alternated
as manager. der changing them around
AZ intervals, Recklein said. The pay
roll Of the New York Office was from
$4,000 10 100000 a year, with from
5000. 900 20 $500 900 a year additional
for the branch Offices.
Briefs Filed in Fuller Case
Briefs in the contest for r. NJ Full
Ter & Co.'S books were filed by the
District Attorney and by William
=
day with Federal Judge A. y. Hand.
Appeals for assistance are coming
from bookkcepcrs who worked in
brokerage Offices whose affairs have
fallen into the hands Of the District
Attorney. They have been accustomed
70 fitting from one bucketshop 20 an
other. but now their employment is
gone The Legitimate" Offices won't
hire them they say.
Judge Charles c. Mott suspended SEN
tenco in General Sessions yesterday
upon Harold n. Lowry. Albert Friedberg
and Martin Schlesinger. Of the late
hrm Of n. II. Lowry & Co. upon their
promise 10 make restitution Of $4,000
TO Mrs Jennie Broilies. Of $50 West
chester Avenue, Bronx. and Mrs. Bar
bette Beck. OF ss4 Prospect Avenue,
Bronx. Judge Mott said the young
men. an Of whom are in their early
twcntics. seemed 90 have been tempted
by the glamour Of easy money"