New-York tribune., 1911-04-05
WANTS MOORE TO TESTIFY
Whitman Learns Cummlns Ally
Will Be Back from Europe.
GRAND JURY HEARS BANKERS
Rumors of More Carnegie Trust
Indictments - Northern
Banks Liabilities.

Friends of Charles Arthur Moore jr.
bava sought the District Attorney lately. 1t
was learned yesterday. TO find out whether
,he Young man would do well 10 return
from Tairone as result of the grand
iurv's investigation into the Carnegie
Trust failure. Mr. Whitman. according
fo a wel-authenticated report has ad-
vised them To call Mr.. Moore home.
Mr. Moore one of the Cummins syndi-
cate i'm the activities of the Carnegie Trust
,-ompany. il n son Of Charles Arthur
Moore. of Naming. Maxwell & Moore.
manufacturers of machinery. lie is at
present with his father. who is dangerous
" III with heart disease in Rome. and mas
been abroad since before the Carnegie
Trust collapse The authorities have had
assurances ii is said that he would he
present when wanted.
The grand jury examined yesterday AT
thur Watson. cashier of the Hungarian
American Bank who corroborated the
testimony of w r. Holloway former
president of the bank and now president OF
the Huguenot Trust Company, of New
Rochelle. Mr.. Holloway testified, 1t viii
he remembered. that a city deposit was
forthcoming in response 10 a loan 10 VIII
deposit had not been named in the promise
made
Arthur Dav. vice-president OF the Savoy
Trust Company. and 7. w. Stephens ana
r. w. Ilsman. directors of the company.
also told the grand jury what they knew
about the connection between loans 10
g Cummins and his associates and city de-
posits II is understood that their tesu-
mcny bore out that of Louis y. Hammer
ling a former director of the Savoy Trust
Company, and OF Bsur, the secretary and
treasurer These two men told about
dinner given for them by Cummins at the
Holland House. at which the promise was
made by Cummins that loan to him
would mean an additional city deposit in
the trust company.
More Indictment Rumors.
District Attorney Whitman returned yes
terday from Boston, where he figured as
one Of the judges in the Harvard ale
Princeton debate. and resumed control OF
the grand jury investigation. Rumors OF
more indictments against officers OF the
Carnegie Trust Company were heard about
the Criminal Courts Building. where further
excitement in the case was predicted be-
fore this week ended.
George l. Dyer. whom the Carnegie Trust
receiver has sued for the payment of two
notes aggregatinS S246.00c. filed an amended
answer TO the suit yesterday in the United
States Circuit Court. He admits that the
notes, one for $4,000 and the other for
ss6, ,000, were made by him on March %, 1910.
and that he refused to pay them upon de-
mapd on January II. 1911. He says that on
November q. 1909 he lent promissory
note for 10000 to the Carnegie Trust Com
panv upon its promise to take up this note
at maturity. on March %. 1910, he says. ne
was asked TO make out these two new notes
TO take mp and renew part of the S60O,OOO
note. He states that he received no fnan-
ciai consideration whatever for these notes
and that they simply represented loan OF
credit ON the ground that the Carnegie
Trust Company did not use the notes for
the purposes for which they were made
and for a number Of other reasons he asks
that the suit be dismissed.
Dyer is the man who has asked Andrew
Carnegie 70 return 500 shares Of the stock
of the Platt Iron Works. part Of the col
lateral TO secure the ironmaster's loan of
s2.l00Oco 10 the Cummns crowd, which
Dyer contends was security for his SsOo.0D
note Dyer is an advertising man. a friend
If Cummins. He made this note TO the
Carnegie Trust Company originally to help
Cummins and his associates out Of hole
His Indebtedness was reduced by the pro-
Ceeds Of the Carnegie loan.
Arthur Watson. cashier of the Hungarian
American will be before the grand jury
again to-day.
Northern Banks Liabilities.
Superintendent Cheney of the State Bank
ing Department filed yesterday in the Coun-
" Clerks office schedule Of the liabilities
OF the Northern Bank. The total amount.
including rejected and disputed claims. is
s5,46s.243. The inventory of the assets of the
institution. which filed on Friday
placed them at S7,073, 69S
The branches of the Northern Bank. the
obligations of each and the number of de-
rositors follow: