Evening journal., 1895-08-14

demons a. IIalske Join Him, and He Has
the Backing Of the Isilsins syndi-
cate Foreigners Striving Tor Supremacy
In the Manufacture of Railway Motors.
NEW York, Aug. ia now and gi-
rantic electric combine has just been
Orned to fight the now Westinghouse
Baldwin combination. Il includes the
Yorkes railroad people and the Siomons &
Halsko Electrical company. The combi-
nation means the entry into the Aneri-
IAN market Of big foreign electric sup
ply manufacturing concern in utilization
With the Widener. Elkins syndicate Of tho
troet car lines in New York, Philadel-
)hia, Pittsburg and Chicago.
Charles +. Yerkes the head OF the new
combine is known az the Chicago cable
king. Ho is a multimillionaire and is as
Isolated in cable and electric street rail
roads in Chicago Philadelphia and New
York with tho Whitney Elkins- Widencr
traction syndicate. His son, Charles II.
Yerkes, was recently elected vice presi-
lent Of the Siemons & Halske Electric
company. This company is the largest
md most powerful electric manufacturing
company in Europe
The parent house is in Berlin, with
sities. It's founder DR.. Siemens, was
known as the Edison of Europe. The
company has done considerable work in
his country. It has built about three
quarters of tho private electric light plants
in use In this city. Abroad it has built
All sorts of electric motors and manufac-
Mrcd every kind of electric machinery
and supplies.
A few weeks ago the Sicmons & Halske
company purchased the big plant of tho
Grant locomotive works in Cicero, Ills.
Tho announcement was made that the
works would be expanded into the largest
Electric manufacturing plant in the coun-
try.
IL Means stin Fight.
At the same time the capital of the
Fiemons & Halske company was increased
from 81 600, 600 to So, 600, 000 and 1t was
said that Charles II. Yerkes had put in
The extra million, and that he and his as
sociates in street railroad enterprises con-
lrolcd the American branch of the Ber-
lin company
A prominent electrical engineer Of this
city said of this combine; 10 means the
stifcst kind Of fight for supremacy in
tho manufacture of electric railway mo-
tors. The fight viii be between the Con
eral Electric company, the Westinghouse
concern and the Siemcns & Halske COM
pany.
"When the Westingh Baldwin COM
bination was formed, it was thought that
Il would have everything it's own way,
but with the Yerkosos taking an interest
In this foreign corporation the outlook is
changed. If Yerkcs, with his interests i'm
the different street railway systems under
the control of the Whitney Elldns. Widenor
syndicate, can throw to tho Somens 81
Halske company all the work Of building
electric motors and trolley plants required
by the syndicate the concern will have
an enormous business on its hands. 10
will leave a comparatively narrow field
for other electric motor companies. Tho
fact that young Yorkes has been made
yice president of the roorganized Siomens
& Halske company shows that the inter
ests of the cable and trolley road people
WILDE looked after. While nearly all tho
street railroads are now run either by
trolley or cable the coming business for
the now combine will be the building Of
electric motors for the trunk lines Of the
country"