The San Francisco call., 1906-10-11
ABSCONDER FLEES
ON HIS OWN
STEAMER.
Manuel Silveira Steals Mil
lion Dollars, Wrecks Big
Firm and Makes Escape
CEBALLOS & co.
DRIVEN TO WALL
Liabilities Estimated at I'm
mense Sum, Though Hope
Exists It May Recover

NEW YORK, Oct. 10.-The assign
ment of j. Nj. CebalIos & Co., bankers
and merchants, with liabilities between
s3.O0O,OOO and 81, 4,00O, 900, was announced
today In statement which declared
that the failure was due to the defalca-
tion md absconding of Manuel Silveira
of Silyeira & Co., Havana. Silveira's
defalcation is alleged to amount to
about $1,OOO, ,000.. He sailed from Ha-
vana on October 2, ostensib1y for New
York to consult with the members of
J. NJ. Ceballos & Co., but has not
reached this city. Counsel for the ns-
signee said today that Silveirn has left
on HIS own steamer, the Carmelina, for
parts unknown, accompanied by his
wife and children, and that every effort
was being made to locate him.
MEMBERS OF THE FIRM.
The members of the firm of j. NJ
Ceballos & Co. are ]. NJ Ceballos, John
S Fiske and Anderson c. Wilson.
The assignee is William V. Rowe of
the law firm of Sullivan & Crowell of
this city. Mr.. Rowe said today that
the assets of the firm were of very
substantial character, but from hasty
examination it was manifest that they
would require careful outstanding. Ac-
countants are now at work on the
books of the company. 1t was stated
unofficially that there was ground to
hope that the assets would be sufficient
to cover the losses of the firm and that
it would be enabled to resume business
The firm of ]. NJ. Ceballos g.
Co. was established about fifty
years ago and has large interests
in Cuba, chiefly in the development Of
railroads and sugar plantations. 1t
operates a line of steamers between
New York and Spanish ports and has
connections in Spain and European
centers and Spanish american cities.
cEBALLos, INTERESTS. !.
Juan NJ. Ceballos. the senior member
OF the firm, is connected as president
and vice president directly with the
following companies:
Cardenas City Water Works Com
pany. Commercial Investment Company
Company, Development Company Oh
Cuba, horn. Silver Mining Company,
India Wharf Brewing Company, Inter
national Banking Corporation, Iron
Steamboat Company, Oil Fields or Mex
leo Company, Porto Rico Telephone
Company, New y ork and Porto Rico
Steamship Company, Rosario Sugar
Company, st. Nicholas Skating and Ice
Company, Silveira Sugar Company, Ia
con Realty Company, United States and
Porto Rico Navigation Company and
Universal Motor Car Company
John s. Fiske, partner in the firm
of j. N. Ceballos & CO., is connected
with the following companies:
Cardenas City Water Works, Com
mercial Investment Company of Porto
Rico, Development Company of Cuba,
F'iske Fruit Company of Cuba, John d.
Gordan Company, Jucaro Realty Com
pany, Manchuria Citrus Groves, New
York and Porto Rico Steamship Com
pany, Newfoundland Syndicate, Porto
Rico Telephone Company, Seville Pack
ing Company of New York Silveira
Sugar Company, United States and Por-
to Rico Navigation Company. Universal
Motor Car Company, Varonda Land and
Investment Company, Courtin & Col
den Company.
Anderson c. Wilson, partner of the
firm of ]. NJ. Ceballos & Co., is asso-
ciated with the following companies
India Wharf Brewing Company, Monu-
mental Trading Company, Seville Pack
ing Company.