Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-10-25
COMPRESSED AIN CONSOLIDATION.
New York Transaction That In
terests WashingtOn PeonIc.

New York Transaction That In
terests Washington People.
A special dispatch to the ST. Louis Globe
Democrat from New York, under date Of
October %, states:
After a six months fight between the
General Compressed Air Company, the
American Air Power Company and the
Compressed Air Power Company, combi-
nation has finally been effected, under the
name of the American Air Power Company
of New York, with a capital of 81 100000.
1t was incorporated at Albany September
n. The Metropolitan Traction Company is
the largest single holder of the stock
The Compressed Air Power Company ac-
cepted S2,250,000 for all of the Hoadly-
Knight patents for this country. These
cover the apparatus now in experimental
use by the Metropolitan Traction Company
on the Lenox avenue line in New York city,
and adopted by the lexington and Soldiers
Home railway and Belt lines in Washing
ton, d. C., and also adopted by the Or
leans and Jefferson Railway Company.
New Orleans.
The principal members Of the Compress
ed Air Power Company are William Z.
Whitney Joseph H. Hoadly, Thomas Do
Ian, Thomas F. Ryan, H. H. Vreeland, P.
A. b. Widener, William L. Ellxins and W.
II. Knight. The American Air Power Com
pany owns the Hardie patents, and oper-
ated a car on the 30 avenue surface line
for some months, and also placed a loco
motive on the Metropolitan Elevated rail-
road. 1t numbers among its stockholders
Thomas F. Cakes, r. P. Flower, Coils p.
Huntington. A. w. Soper and Henry Mar
quand This company received $1,250,o0O
for its patents and rights.
The new syndicate will control all the air.
power patents in the United States, and
will Immediately put the new cars on all
the cross-town lines in New York now OPP
perated with horse cars. The elevated
roads will also adopt them as soon as the
engines can be finished
Thomas F. Cakes of Northern Pacific
fame. or George F.i Blanchard. chairman
of the Railroad Traffic Assoc.atio will be
president. There will be nine directors. of
which the Whitney interest will have FIVE
and thus control the company for the first
year A million dollars, worth of stock
will be let out of the treasury at once at
500 a share. ElihusRoot and his partner,
Clarke. re.the attorneys for the syndicate.
New works are to- be built at once near
New York and in New York state or New
Jersey, and cars will be turned out as fast
as possible. The metropolitan Traction
Company will take 400 for the cross-town
and Lenox avenue lines, and 100 will be
put on the belt line that runs along the
North river front Eighty cars will go to
Washington for the Soldiers Home road,
as the Commissioners of the District of CO.
lumpia on the 18th instant approved Of the
air motor system, and granted permission
TO equip the road with these cars.
For the use of the air motor car no
change Of roadbed is necessary, and it can
be run at the same time with street cars
me cost OF operating is less per car mile
than under any other system, and the cars
are lighter than electric cars. The air ia
stored underneath the car in iron bottles
with resistance of 12.000 pounds pressure.
iaach car can be charged for run of from
fifteen to thirty miles, and then with a
fve-minute lay-over can be recharged for
immediate service.
The Illinois Central railroad has accept