The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-12-01
NO ASSETS.
Statement Of the Assignee Of Field, Lind
ley, WieGhsrS & Co.

NEW YORK, Nov. 30.-There was nc
material change in the aspect Of affairs in
the Office of the suspended firm of Field,
Ltndley, Weichers & Co. this morning. As-
siguee Gould said he knew nothing of the
truth or falsity of the published reports OF
the alleged Crooked" transactions of Field
The statement that lie had given any such
information TO reporters was untrue. lie
sought in vain for assets, but was unable to
get even enough to pay the clerks. There
is no bank account whatever, and only faint
hope remains with him that there might be
some call loans belonging TO the firm upon
which he might be able to realize something
TO defray the necessary expenses.
a number Of innocent holders OF the
Union Pacific stock disposed of by the firm
held meeting this morning and drafted a
petition to the Committee on Securities of
the Stock Exchange, requesting them to
rescind their action making the stocks non-
deliverable. AT the request of representa-
tive OF the Union Pacific Company this was
done. and the stock can now be handled on
the exchange. There still remains a guOdly
number OF bonds, the ownership of which,
II Is likely, VIII have TO be settled in court.
A careful estimate of the net losses which
will probably result from the failure of
Field, Lindlev, Wiecher & Co. is about
O.0OO 100000 of which will probably
fall on the Union Pacific Railroad Company
this loss there is an investment which the
hrm had made in Cuban sugar refneries,
which is estimated at S300,000. The al-
nouncement that the Union Pacific is ready
TO take up its bonds from present holders
has created much better feeling Assignee
Gould this morning said that very few
claims had been filed with him. "If the
Union Pacific want TO get their money" he
said, "thev should file their claim as a
creditor. One of their representatives
called on me. | asked him for list of the
securities held by the firm, so that | could
investigate the matter, and he refused to
give it,"
Assignee Gould admits that there has been
crooked transactions, but attributes it all to
Field, and says he is confident his partners
knew nothing of it. He says MI Lindley
could have handled all these bonds on the
Stock Exchange without knowing their his
tory. lie denied having had a conference
with Cyrus w. Field with reference to help
Ing his son, but thought he would naturally
come 10 his aid.
Counsel for r. E, Dietz & Co., manufac-
turers oil lanterns. to-day obtained from
Judge Pratt Of the Supreme Court an order
OF arrest and attachment against Field.
Lindley, Wiechers & Co. of New York.
Dietz claims that the Gefunct firm have
$4,000 worth of stock belonging to his
hrm. Bail was fixed at S50,G0 each. Tho
order OF arrest " i'll be executed tomorrow.
Cyrus w. Field has transferred his prop
erty. consisting of two parcels on the south
EAST corner Of Lexington avenue and Twcn-
ty-nrst street, in this city, to Isabella Z.
Judson of lryingtoD, Y. Y, for $4,000.
DR.. Fuller, who is attending Cyrus w.
Field, this morning said he was still very
much prostrated and had greater bodily
weakness. Strict quiet is necessary.