_A._ Yes.

_Q._ At one or other of those prices.

_A._ Yes.

_Cross-examined by Mr. Topping._

_Q._ Can you tell me what was Mr. Cochrane Johnstone's balance on the 15th?

_A._ I think 465,000.

_Q._ On the 16th how much was that reduced?

_A._ On the 16th I sold 200,000.

_Q._ Reducing the balance of course to 265,000.?

_A._ Yes.

_Q._ Upon the 17th what did you sell?

_A._ On the 17th I bought 50,000. and sold 115,000. reducing the balance to 200,000.; on that Sat.u.r.day I bought 50,000.

_Q._ And you had his directions upon that Sat.u.r.day to sell at one per Cent.?

_A._ To sell 50,000. at one per Cent. profit.

_Q._ And you had done that before you saw Mr. Cochrane Johnstone at all?

_A._ Yes, I had.

_Mr. William Smallbone, sworn._

_Examined by Mr. Gurney._

_Q._ You are a Stock-broker, I believe?

_A._ Yes.

_Q._ Did you shortly before the 21st of February make any purchases for Mr. Cochrane Johnstone?

_A._ Yes.

_Q._ You had made two purchases only, I believe, the 12th and the 14th?

_A._ Yes, only two purchases of 20,000. each.

_Q._ When did you sell them out?

_A._ On the 21st of February.

_Q._ At what did you sell them out.

_A._ 28-1/8, 29-1/4, and 29-1/2.

_Q._ By whose order did you sell them out?

_A._ I sold Mr. Johnstone's by his order; I sold Mr. b.u.t.t's by his order.

_Q._ Was that order from Mr. Cochrane Johnstone received on the Monday, or before the Monday?

_A._ In part it was received on the Monday, but a part on the Sat.u.r.day.

_Q._ You had also, I believe, made purchases in Omnium for Mr. b.u.t.t?

_A._ I had.

_Q._ To the amount of 40,000 I believe?

_A._ Yes.

_Q._ Was that 40,000 left as a balance on Sat.u.r.day the 19th?

_A._ Yes.

_Q._ And all sold out on the Monday?

_A._ Yes, all sold on the 21st.

_Q._ Have you given Mr. Baily a statement from your books of that?

_A._ Yes.

_Q._ And of the prices at which it was sold?

_A._ Yes.

_Lord Ellenborough._ Now what is the result of all these accounts?

_Mr. Gurney._ I am going to call one person more, and then I will give your Lordship the totals.

_Q._ You had bought for Mr. Cochrane Johnstone, 40,000, and on that 21st you sold it all?

_A._ Yes.

_Q._ You had bought for Mr. b.u.t.t 40,000, and on the Monday you sold it all?