The Portland daily press., 1891-12-01
THE MANY TROUBLES or THE FIELDS.
Father and Daughter Lying In
Danger OF Death.
The Arrest Of the Son and His
Partners Ordered.
Affairs of the Defunct Firm Seem
20 Crow Worse.

NEW YORK, November 30.-Field, Lind
ley & Company's assignee, Mr.. Gould. to-
day admitted that there had been crooked
transactions, but attributed it all to Mr..
Field. He said he was confident Mr..
Fields partners knew nothing Of it. He
said Mr.. Lindley could have handled all
these bonds on the Stock Exchange with
out knowing their history Mr.. Lindley,
on account Of the serious illness of his
wife. who is now at the point Of death,
went directly to the Stock Exchange from
his home and did not go to his office for
weeks at time. Mr.. Gould said he has
found $500 of assets and there might be
$1,000 available which could be used In pay
ing the clerks salaries. ae denied having
had conference with Cyrus w. Field. with
reference to helping his son. He thought
Mr.. Field would naturally come to his
sons aid. Cyrus w. Field has transferred
his property, consisting OF two parcels on
the southeast corner Of Lexington avenue
and Twenty-frst street, In this city, to Isa-
bella +. JudsOn of IrviDgton, N. Y, for
$4,000. s. V. White denies owing any
thing TO Field, Lindley & Co., and says
that firm Is indebted TO him.
0pku6uCs tOudy OOtdtuCu q tCulF
porary Injunction restraing Field. Lindley,
Wiechers & Co., and K. A. Hussy and 9TH
ers from disposing of certain stock of the
Edison General Electric Company, pend
ing suit for its recovery.
Counsel for the r. L. DitZ Company,
manufacturers OF lanterns in this city. to-
day obtained from Judge Pratt, of the Su-
preme Court In Brooklyn, an order of ar
rest and attachment against Field, Lindley
q Co. The X. K. Ditz Company claim the
defunct firm has $500 worth Of stock
belonging to them. They asked the judge
that bail be fixed at 500, 900. Judge Pratt
thought this amount excessive and decided
of ari est Is expected tomorrow.
There Is no longer room for doubt that
the physical condition of Cyrus w. Field
is far more alarming than his family and
friends would have the public believe and
from the developments Of yesterday there
Is only too much reason to fear that the
community may be at any moment shocked
by tidings OF the death OF the great fnan-
cier.
In addition to this Mrs. Lindley, the
daughter Of Mr.. Field and wife of his
sons partner in the broker firm of Field,
Lindley,. Wiechers Co.. Is lying at her
fathers home so utterly Frustrated by her
husbands failure and the effect of the blow
on her beloved father that her recovery
can hardly be hoped for.
IL Is now known that In spite Of all the
efforts OF the family to conceal the fact,
Edward M. Field, the senior partn er of the
firm, has disappeared under circumstances
that give color to the worst forebodings Of
the extent of the financial disaster In which
he has been overwhelmed.
A careful estimate of the net loss which
will probably result from the failure Is
about S800.00O. Of which 100000 will prot
ably fall on the Union Pacific Railroad
Company, the balance being scattering.
To Offset this loss is the investment the
firm made 10 Cuban sugar reineries esti-
mated at 100000.