The sun., 1898-02-06
oHrMroAn nAxK CAsn
Grnsie ana silver Expected IN Tewn This
week-siiver's BliHod.Up ATsirs.

| Francis @. CRADLE, tho promoter, who So
cured $243.OOO from the Chemical Bank on
| what President Williams Of that institution
| regards as worthless security. did not return
| to this city yesterday. although several OF his
associates in tho Interstate Land and Canal
Company said that they wouldn't be surprised
| TO see him walk in at any time. Next week,
they say. they think he will surely como to
town, and will satisfactorily explain every
thing that has been charged to him since tho
resignation of Cashier Quinlan from the Chemi-
cal Bank.
| At John s. Silvers Office inquirers are still
told that silver is out of town. Ho will be In
| town to- omorrow, however, as ho has an en-
gagomont in the Supreme Court that he cannot
break. Another one of sllvcrs operations In
tho past came to light yesterday. 1t seems
iauidStion @ Mhs@ aH Silver owed Il $4,000 The claim
was turned over to the City National Bank,
which had charge Of settling the affairs Of the
ment ot' for I tho faii amount was obtained. Tho
Judgment was not satisfied.
wec. ago Silver was examined in supple
mcntary proceedings, and. the examination
broke up IN rG% eecaSse ne for tSe bank
maintained thatsSilver was guilty Of contcmpt,
and appealed to the court for hi ruling. ,n Mean,
turned over largo block of New York Carbon
oan was sesarea seSSF % % by tho City S
lawyers as very remnrka Bile for man who had
t2 so h e s really
contempt. To find out about the matter thoy
obtained an order from the court for the cx-
animation of the Treasurer Of the Carbon Com
pany. He was on tho stand Friday and swore
Bank was made out In the name Of ono higgins,
who is a largo stockholder in the company:
Tomorrow Silvcr's right to refuse to answer
OuastiDnS In the auDD1ementary proceedings
will bo argued in Part H., Especial Term, Of: the
Supreme Court. Al the same time the hanks
A. 3. Nettleton Of 81 William street, who is
{atherod by Cradle. said yesterday:
Land and Canal Company about six months ago,
after having satisfied myself, by such inyestiRa.
On a GS RsS % i t bao8e 6s e 10
properties are undoubtedly Of large value and
should easily make good the inycstmcnt which
has sold only a. tridlns amount Of its
general public has no pecunary interest in its
outcome: The funds for carrying on its exten.
% have beer been mainly advanced by few capitalists
who inaugnratcd the enterprise. have but
nominal in,eres. in the corporation t, and had
no reason why it should not. like its prede-
crssors. prove an honorable success. I know
the Chemical Bank"
1t developed yesterday that Francis c. Cradle.
who secured tho heaviest portion OF the loans on
doubtful security, for making which Cashier
William J. Quinlan. Jr., OF the Chemical Bank
few months ago to the Tfadesmen's National
Bank. which has it's banking rooms in tho Woo!
Exchange building, 26O West Broadway. James
MacnauRhtan. President OF the last named
bank, said yesterday:
"Grable offered evory kind OF inducement to
have tho Tradesnens Bank back his operations.
He tried to arrange, through me, that q dinner
should be given to him by the Wool Club. but
the Tradesmcn's Bank. declined to have any
thing to do with him. John G. Zabriskie. as
sistant cashier of the bank, went West and
made an examination OF CRADLES Black Hills
mining and irrigation properties. but this trip
was undertaken without my knowledge and on.
tirely of Mr. Zabriskie's own volition."