16 JULY 1892, Page 3

Mr. Cyrus Field, though not the richest, one of the

most conspicuous of American millionaires, died at New 'York on Tuesday at the age of seventy-three. Mr. Field's name will always be remembered in connection with two things, the Atlantic cable and the elevated railways of New York. The laying of the cable was fraught with countless anxieties and disappointments, and but for Mr. Field's pluck and per- severance, would have been abandoned as hopeless. For fourteen years he worked at his enterprise, often in money difficulties, but never despairing. Though there was a. time when a £2,000 certificate of the Company's stock only fetched £2 at a public auction in New York, Mr. Field pegged on till the annual value of the paper thus acquired had become £160.