Evening star., 1935-01-21

The profit came on the sale of
block of Ford Motor Co. of Canada.
After the sale of Hauptmann's Ford
stock, the testimony continued, he
bought so shares of Fox Film "A"
with the cash available in his ac-
count and cash deposit of $76.
On December 80, 1929, he owned, in
addition, 100 shares of Club Aluminium
and 40 shares of American Super
Power.
In February. 1880, Reilly brought
out, Hauptmann began dealing in
margin.
@. Then he didn't need so much
money?
A. No sir
Reilly, holding photostatic copies of
Hauptmann's account sheets, showed
through the witness, that the de-
fendant owed his broker S1,53781 on
his margin trading in March, 1880.
"On June 30 1880, almost two years
before the kidnapping" Reilly asked,
"Hauptmann owned 255 shares OF
Stock?"
Frank affirmed.
The testimony droned on. Each
time stock was bought or sold. each
time cash was put in the account or
taken out, each time a balance was
taken on the statement, Reilly had the
witness explain fully HauptmannS
Wall Street operations. 1t was a
tedious business.
A flVe-minute recess was called at
IL "a am
Court resumed at HAS to hear
futher details of Hauptmann'S career
as Wall Street operator.
Frank took up his recital at July,
1880.
Expert Expected
To Be on Stand All Day.
There we're indications that the
little, fullfaced expert might occupy
the witness stand chair for most of
the day
Special Assistant Attorney General
George K. Large said the prosecution
had only started" with the witness
As soon as Reilly finishes his cross
examination the State, he said, would
bring out more market transactions
on redirect.
The stock in Hauptmann's account
at the end of January, 1881, Frank
added, was sold out. leaving him a
credit of S91317.
Reilly turned to transactions with
Pierce & Co.
Frank recounted similar market
operations with that brokerage firm.
Reilly asked that it be clearly indi-
Gated on the records of the Steiner
Rouse account that it began in Au-
gust. 1882.
On August 8, 1882, Hauptmann de-,
livered into his account at Steiner
Rouse 100 shares of Warner Bros pic
lures and 500 CurtiSs Wright, Frank
said.
Frank said Hauptmann bought the
CurtisS-Wright stock April %, 1882
At the end Of August, 1882. the wit
ness AIDED Hauptmann had balance
of $500. after a withdrawal by check
of S74660.
Hauptmann's trading continued
throughout September, October. No
vember and December 1882, the quiet
little financial expert recounted. Reilly
led him on into the transactions of
1888. In January sales totaled S2,380
and purchases approximately s2,lO0.
Deficit Was S1,165
at End Of February, 1888.
Hauptmann's deficit with Steiner
Rouse, Frank recounted, was S1.165 SO
at the end of February. 1893. No
purchases were made in this account
in March, but cash deposits created
a balance Of $1.67390.
On March 81. 1888, the expert said.
the brokerage account was transferred
from Hauptmann's name to that of
his Wife's maiden name.
@. AS far as you know it was
Bruno that was operating it?
A. The account shows a power of
attorney giving the defendant permis-
sion to operate it.
Frank said 81 500 cash was put into
the Schoeff1er account, taken from
transactions in Hauptmann'S own ac-
count with Steiner-Rouse.
Immediately after the account was
transferred to Mrs. Hauptmanns
name, the Hauptmann stock opera
tions assumed large proportions.
Frank recited the blocks of stock
that were bought and sold rapidly
throughout April, 1888.
@. What was his balance, credit or
debit at the end of April, 1888?
Delivered $500 Cash
To Account During April.
A. He had a credit balance of
S38221 and they were holding So
927 worth of stock. He had delivered
So $500 cash to the account during the
month.
The trading was likewise active IN
May, 1888, the witness reeling of a
long list of 100-share purchases, which
cost Hauptmann from $500 to more
than $4,000 each.
AS the questioning, couched in
strange financial terms, went on the
rustling in the disinterested crowd
increased. The glances of jurors wan
dered about the room. Mrs. Verna
Snyder showed interest in the defend
ant, who sat motionless, expression
less, and in the movement among the
crowd.
Reilly sought to bring from the wit
ness that Hauptmann's trading in
May, 1888, was largely with his hold
ingS with Steiner Rouse without addi-
tions of new cash.
"On May he delivered into the
account $2,575 in cash." Frank said.
Just before the recess Reilly turned
to line of questions designed to
bring out that Hauptmann began to
make profits in his Steiner-Rouse ac-
count, which he left there for further
transactions.
Justice Trenchard interrupted him
to call the noon recess.
Court recessed for lunch at 1892