| 113,000|
| 14 | | | 113,000|
| 15 | 55,000| | 168,000|
| 16 | 40,000| | 208,000|
| 17 | | | 208,000|
| 18 | | | 208,000|
| 19 | | 30,000| 178,000|
| 21 | |168,000| 10,000|
| | | | |
| | | | |
========================================

_Q._ What appears at last to be the gross balance held by each of them
on the 19th February; what is Mr. Cochrane Johnstone's balance of Omnium
from all those different accounts, on the 19th February?

_A._ L420,000.

_Q._ Now state Mr. Cochrane Johnstone's Consol Account.

_A._ L100,000.

_Q._ What was the balance of Lord Cochrane's Omnium account?

_A._ L139,000.

_Q._ Now state Mr. Butt's.

_A._ L200,000.

_Q._ And it appears, I see, that there were L24,000 sold too much on the
Monday.

_A._ Exactly so; there was that quantity sold more than he had
purchased.

_Q._ What was Mr. Butt's Consol Account?

_A._ L178,000, and he sold only L168,000.

_Lord Ellenborough._ Then there was L24,000 too much of his Omnium, and
L10,000 too little of his Consols sold?

_Mr. Gurney._ Exactly so. Now what was the gross amount of their account
of balances on that day?

_A._ L759,000 Omnium, and L278,000 Consols.

_Q._ As we are not so well acquainted with Omnium as you are, if that
were reduced to Consols what would they have amounted to?

_A._ It may be necessary to state, that every thousand pounds Omnium
consists of L1100 Reduced and L670 Consols, therefore the whole amount
of that would be L1,611,430 three per cents.

_Q._ Now upon that amount, what would the fraction of a single eighth
per cent. be?

_A._ L2014:5:9.

_Lord Ellenborough._ The whole of this fund was cleared on the 21st,
except L10,000 Consols, and it was oversold by L24,000 Omnium?

_A._ Exactly so.

_Mr. Gurney._ Have you calculated from the accounts, the profits made by
those sales of the 21st?

_A._ I have.

_Q._ To what does it amount?

_A._ Exactly L10,450.

_Q._ That is the total of the three. Can you give me the proportion of
each?

_A._ For Lord Cochrane L2470, Mr. Cochrane Johnstone L4931:5, Mr. Butt
L3048:15.

_Q._ From the state of the market on the morning of the 21st if no news
had arrived such as raised the funds on that day, could any persons have
sold this large quantity of Omnium and C