The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-11-06

and the Walker concerns have
pooled" They nave arranged TO use
each others patents. to divide up each
others work. to work In complete
harmony. practically a. n concern.
To all intents and purposes they viii
In name. and possibly there may even
be . formal merging. though his IL not
considered at all necessary. Very near
ly twenty millions are concerned an
this one deal. the Westinghouse hav-
ing s14. 900. 900 stock and bonds, the
Walker company five millions.
With the combine" of the General
Electric with these the field OF big
electrical contracts In almost absolute
ly controlled. The three together will
have but one important opponent. the
Sprague company. The other electric
concerns of the country. Of course hun
dreds in number, are all much smaller.
and do not touch to any extent upon
the work these big companies are con-
cerned in and where h great profits
lie.
This work is the installing of big
electric plants. the equipping OF cleo
trio railways. h making OF dynamos
of all sizes. OF motors of alternating
and continuous currents. OF lamps. arc
n incandescent. OF couverters. When
the products and contracts of these
great companies are subtracted from
the total electric product OF the coun-
try the remainder Is seen to be re-
markedly small. The minor work does
not figure up much. even though there
are scores In IL.
Figures. hitherto imprinted and COM
piled after long talks with electrical
experts and inanciers. show this In a
nutshell. The total electrical product
of the country. In dollars. is about $2i,-
000, 00o. That il. the various companies
make some $27. 900. 900 worth OF electrical
trio alone turns out $500 .000
worth of this. the Westinghouse about
SO. DOC. 900, the Walker about 81. 250, 900.
Thus the three concerns Just combined
produce $22. ESQ. 900 out OF SCI .0o0.o 90.
The consolidation means. therefore,
first. the cutting of Of all expenses OF
litigation-alas. for the electric patent
years with high fees n abundance OF
work,-and. secondly. the general rails
ing of prices throughout the electric
world. 1t is seldom. In the whole his
tory of trade combination. that a hne
OF business has been absorbed so COM
pletely. This. In brief. 10 what the
amalgamation signifies.
And Ii promises much for the future
for the reason that the electric trade
BtNo alo aiAN
plants are sprfnging up like magic
Where there were only Is electric stree
railways in the country In 1887 there
are now 100. Opposed to these are
81 cable roads. 81 steam roads n IL:
operated by horse power. .
Now that the cities are fairly vel
equipped in this manner roads be
tween nearby cities. over stretches OF
country and connecting arr
| hnfn0 rnntAlV hlIllf ThaGa Enada are
known as cross country" suburban
'interurban." Joseph Wetzler, editor
of the Electrical Engineer. who has
been making a special study of this
new phase of electricity. says the de-
velopment of these is simply marvel
Gus. IL seems to have no end. In the
West, as well as in the East, these rail-
/ roads are everywhere. They are com
mencing to carry freight. Some rur
milk trains, others are preparing to
carry into the various cities each
morning market wagons from Tho
farms of the outlying districts. Some
Of these roads extend out into tn
country for so miles, and the cars rur
at an average speed Of IS miles an hour
at times at so miles an hour.
What is more, all of them ave beer
prosperous enterprises from the start
In these cross country" roads alon'
there will be good business for tn
electrical companies for many years
Experts believe the country Is destined
to be gridironed with them.
Yet another promising future for thu
industry is the transmission of powe
for manufacturing purposes. This
seemingly in its infancy as yet. blu
great things are ~prophesied for II
Long distance power machinery of thi
sor is the newest speciality of the cleo
trical companies, and vast capital
being put into II. Thousands OF mile
of half-inch copper wire for this pur
pose has already been strung, n a
the experiments have met with sue
cess. 1t has been proved commercial
feasible to transmit electrical force !
this way very nearly 100 miles.
CROMWELL