New-York tribune., 1891-12-27
Z. II. FIELDS FOREIGN TRADES.
THE RELATIONS OF THE PARTNERS IN THE
FIRM
WHERE SOME OF THE Missing MONEY MAY BE
TRACED-FTELD CONSTANTLY GROW
Inc WEAKER.

lNi WEAKER
Some thecrizng as TO the relations of the partners
In the firm OF Field. Lindey. wIechers CO. toward
the acts of Edward NJ Field, over which the mantle
of insanity has been thrown. stimulated YESTERDAY
by the republication of facts attending the failure OF
Hilmers, McCOwan & Co.. in which Herman {. Hi
mers was the senior partner prior 10 MS connection
with the Field firm On October 20, lss-' hehfy
Willard, for the Oregon and TIanscontnental Com
pany, borrowed from Iilmers. McGowan d Go. Slooo'
900 for year. at 10 per cent Various stocHs oi
the companies controlled By the oregon Company were
given collateral. Payments Oh account OF the loan
were made at times and at the end Of the year 5000
IG6 was owing Mr.. Wizard then paid that sum ana
demanded his securities II was not ill October 10
1883 that the Hilmers firm gave back 500 shares oi
Oregon Railway and Navigation Company st1ch pu'
could not deliver LOCO remaining shares suit was
begun to these shares and an order OF arrest
was obtained. The claim Of the Oregon and Trans
continental finally settled ny compromise Sloo'-
600 being paid. 1t is asserted that this money was
supplied by John W Bafour, an Englishman, who
was member Of Hilmers MCGOWAN Co., or by mem
bers of his family This settlement led to the hrin
failure.
The theory deduced from the recollection OF this
transaction is that Mr.. IImers NAV bave had more
knowledge of Mr. Fields transactions than he de
cares. 1t IS pointed ont that Mr.. llilmers was ah
expert in foreign exchange transactions and that Mt.
Field was not while many of the Union Pacific ponds
rehypohecated by Field otherwise misappropria'eu
were in various manipuations In foreign exchange
on the other hand il is said, that Mr. Iiners h'S
have been innoceny used by Field to carry out these
manipuations. Some persons think that further IN
vestigaton OF these foreign exchange trades may
reveal place where much of the missing money
secured by Field in various ways has been hidden away
Mr.. Hilmers was seen at his home last night and
denied emphaticaJ that there had been any crooked
work in connection With Mr. Villards securities. lie
said that IIilmers MCGOWAN Co.. held the sec'riues
merely as brokers to raise the money that Mr.. Willard
wanted. and did not rehypothecate thehi.
When Mr.. Willard failed they also lost heavily, ana
all the partners had to put in money to make these
losses good. The money which Mr. Balfour raised
was for his share IN the losses and not obtained
by taking any advantage OF his innocence as is
charged Mr. Hilmers ais, said that the relations of
Mr. McComb to the firm, as special partner "ere
entirely regular, and mat the securities which were
turned over 10 Francis O. Mattssen, llmerss brother
in-law ms a guarantee to McComb for his SaOooo OF
capital were placed with his MoambS) kno~l-
edge and consent, and had been properly accounted
for in the final settlement. About the affairs Of
Field. Lindley. Wiechers & Co., Mr.. Hilmers had
nothing to say.
Edward NJ Field still continues to refuse to toucil
food Both for Christmas and yesterday Warden Dun
Ian endeavorcd to induce him 10 eat by placing chhce
morsels OF turkey and English plum pudding oeloie
him, bGt he did not touch any OF IL lie ui"hh
Hr.,s milk yesterday and the day before
and that was all that passed his lips. His condi-
ton is gradually but steadily growing worse and II Is
expected that he will break down in day or TWO
He is so weak that he cannot sit mp any length
OF tme and spends most OF his time III Deu.
CYRUS W. Field, jr., brother of the prisoner, called
at the Ludlow Street Jail yesterday, and was admit
ted 10 the cell Mr. Field occupies This Is the first
time the brother has called at the jail since the DVhe
has been confined there. The prisoner declined 10 10
have to have anything to say 70 the caller, ana or, G
he did not seem to recognize him Cyrus leIt, ater
taking a look at his brother and saying few words
IN him The brother did not remain In the cell
longer than two minutes. ,,.. .
CYRUS W. Field j. steadily improving In heanh, m anu
DR. Fuller assured the family that ne wou ,
Ue was lup and dressed yesterday, ana WIS dDie
10 walk ont into the library adjoining ms room.
Jndre Dykman, In the supreme Court az Whlte
plains Yesterday, on application Of Mr.. Wikle OF
the firm OF Wkie 4 Stone confirmed the hndlngs oi
The iury that made the unacy inquest In the case Oh
Edward NJ Field and appointed Mrs. Field, VIE OF
the insane man. committee OF the person anu tha
nroperty OF her husband she filing BOND 10 the
amount OF $4,000.