The evening world., 1891-12-11
CYRUS ". FIELDS NEST EGGS.
Records Prove that He Still Holds
Much Property.
His Half Million Capital Saved at
some Ono Else's Expense.

Recent developments show that the afrairs
OF Cyrus W. Field are not In such a desperate
condition as was described few days ago.
1t was said that when he lay Frustrated, after
learning Of his sons alleged insanity and the
extent OF the disaster to the younger mans
firm, he had declared that he was completely
ruined, and was as poor as on the day he was
born.
Mr.. Field is not even reduced to straight
ened circumstances BY his soL's misdoings, II
the evidence Of the County Clerks once at
White Plains Is to be depended on. The rec
ords there show that MIR. Field holds mort
gage for s45O,000 on property In Westminster
County, which is now controlled by what is
known as the Ardsley Syndicate. The prop
erty comprises 700 acres OF land, situated
near Ardsley Towers, cyrus Fields country
seat, and was for many years owned by him.
A year ago last August he sold this property
to the Syndicate, which purchased 1t for the
purpose OF laying out suburban village.
The syndicate paid 100000 down, and gave
the mortgage which Mr.. Field still holds for
the balance.
The records at White Plains show that the
mortgage still stands in Mr.. Fields name,
OAu ho ooois VI ~ Aoo VNVi bScu lC-
corded. Edward NJ. Field had nothing what
ever to do with this transaction, according to
Charles Henry Butler, the counsel for the
Syndicate.
1t is said that Mr.. Fields strong box still
contains many other valuable securities, and
that there is no danger whatever that he will
pass his declining years In poverty.
He is gradually recovering from his late i'll
ness, according to DR.. Fuller. his physician.
To-day he shows much more strength than
yesterday. when he was able to sit up almost
~ day: 1t Is thought that he will be able to
Of Mrs. Lindley, his daughter, is unchanged.
Assignee Gould still refuses to say anything
as to the condition OF the insolvent firms
anairs.l What discoveries he may have made
he keeps to himself.
In Wall street it is believed that it is pretty
well known to the Assignee and those en-
gagged In untangling the firms affairs, where
the vast sums OF money taken by Edward
Field went. The facts, however, are being
concealed, 1t is alleged, to enable the relatives
OF Field to make good some OF the losses
which innocent persons have suffered because
OF his misdoings.
There is also suspicion that Edward NJ.
Field ts not 80 crazy as has been given out.
Asylum Se is doing we'll, and has become et to
all appearances perfectly sane.
HIS manner Is said to be natural, and his
conversation on all ordinary topics perfectly
rational Care is taken to avoid reference to
his business troubles, for that subject always
seems to excite him.
Lawyer Almon Goodwin, counsel for the as
utterly ignorant as to what Field had done
hands.
cYRUss $780, SAVED.
Information comes from authoritative
sources that one OF the most badly taken in
n tnnc nf arH all
methods was young Mr.. Wiechers, who was
taken into the nrm In April last.
cyrus w. Field, who had previously been a
4 CO., with $500, 900 capital, retired Hs at the
time OF the reorganization. taking with him
his nest egg OF half a million.
1t Is said that at the time OF his withdrawal
the irm had already been heavily involved by
Edward M. Fields reckless ventures and had
not sufficient assets 10 return one-twentieth b
part OF old Mr.. Fields capital.
WAS IT AT wIECHERs BxPENsB2
The. advent Of young wiechers, who
was godsend to Edward NJ. Field. who was
Of the capital contfi6uted BY | wiechers PHsdi and
MS MS family is said to have gone to make up
ment.
The result is, according to the stories cur
rent in Wall street to-day, that ever since the
reorganization of the nrm, although more
than million dollars OF new capital was said
TO have been brought in by the new partners,
II has been operating practically upon no
capital at all.
1t is said that all the surplus which re-
mained after settling the account OF Mr.. Cyrus
Field, as retiring partner. was Immediately
gobbled up by his son Edward and sunk in
some OF his mysterious ventures.
GOULD DENIES 1T.
Assignee Gould said this afternoon that he
had no knowledge OF such state OF facts and
declared the stories were not true