New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-11-03
THE NEW TELEPHONE COMPANY.
PLANS OF THE CONCERN. IN WHICH me
WHITNEY SYNDICATE IS INTERESTED

Ia
WHITNEY SYNDICATE IS 1NTEHEStHD
Several facts developed yesterday wn'ch 'ee"'e'
n make II increasingly probable that the ne" 'ee
,o nro,.ct In which leading members OF the
,yhi,nev svndIcate are prominently Interested
would before long develop into formdao'e co'''
petitor OF the American He'll Telephone ~o''p -,
!, nersor closely connected with william C. WHIT
ncy said yesterday Of the plans Oh .,e p
motors OF the Continental Telegraph. leiepno"'
and Cable Company and Of the projected Tee-
nbone Telegraph and Gable Company OF A"e'''"'
OF which 1t Is to be part: ,,,.
THE enterprise Is the work OF Martn "a'o"o'
OF Philadelphia. who has had notapie sueee'
combining the electric light corporations vi ''"N
city He has recently become memoe' VI w
so-called Whitney syndicate. and IN tms e''e'p"s
he has the backing OF his associates IN .nat So
NJ canltaliss There are in the United states easy
Of the Mississippi River about twenty-three nun
drcd Isolated independent telephone compa"''
and Il is the idea OF Mr.. Maloney an" "s 80,
ciates that the company about 10 ne o's"'
them which Is to come into direct co'P =,
with the Bell company. shall make contracts VIZ"
these independent companies. and sha'' c"''s'u w :
trunk lines connecting the various cities ana towns
I'm which these companies are now siv'"k 'e'.po
service. erecting along these trunk lines Po'' ~
pable Of carrying forty wires $500 x.or
'The promoters OF the new company INV 800
~ work upon their project for fully Two years oil"
have been In the field for many months ,ne "s az
sorv mans have been drawn and contracts TOT 'i'o
conner wire and the wooden poles nave a".""'
been awarded. meeting VIII be he'" 49,,
dav or two at which the organization OF ''e ,"
tional company will be effected OK COURSE ''e
new company Will make its rates much 'o"er ''.'''.
tbose charged by the Bell Telephone Com oah'' o"'
,hoso rates. have not yet been decided upon.
Tho people's Telephone Corporation. or TINS Guy,
., which Darwin T. James Is president mas AT '"S'
succeeded in securing from romm'ss'o"e ar.,
,ho hermit which II has so long been seeking. InS
permit, which gives privileges equal 10 those SCI,
"a "a the Bell Telephone Company wheh l. Drea'
- ,.~ =, ,hts civ authorizes the Peoples Iele-
to-. cornora ton to LAY and construct nu''a''
nd,os and other conductors under the streets a'
mes and public highways OF the city .. 49,
York uhe Greater ew-York), for co"o"'e
giving electricity for telephone ana te'es'ap' p'
ices" The Peoples Telephone Corporation 70
poS,' ill.,, -, q, nso nN and It's Board Of Directors
e. comnosed Of Darwin r. James. Ludwig N'ssen'
Trodor,ck Alderman, Frank Branard' oia' -.
butcher and Hopkins J. Hanford. h"o"e ~
stockholders. in addition to the directors al.
eral T. L. Molneux, 4. 3. a. dc Lima. g.
Parads Washington Winsor, Jere ra"s w..
| f. A. Crukshank, Frederick fot'e' ""u
| T. 4. McAlpin ,sort
| one OF the most prosperous OF the independent
| concerns in the West is the Kinloch ienp"o"e
Company. Of st. Louis, which opened us 'e'ep"o,e
exchange only eight months ago. ana I'M nnera.
hfty-three hundred instruments undred il is said
operated by the Bell Telephone C9mpian'; tho last
has been in business in that city durlns tn
was organized by Hopkins j. Hanlord; oa also done
much Important work in organising teiepm nSnrd has
sse% acss in d ire %es the people,
phone Corporation and ~ now IN un's 80 ~ consoi.
purpose of assisting IN me snvc, and tho Knick
CHECKER Telephone Company. when iau'ri ,o a,
incorporated several years ago. with captai o.
s75WUo to conduct teepnonwe n,ccIsrbocker com.
nn2v az we'll az the Peoples Corporation, mas re-
Gently received from Commissioner kearny d r.,
nit to lay its wires Gou h ne these two compane
vii he consolidated and II Is also reported ma
| they will utilize for the carriage OF .ner >, me,
! notan Railway companys Underground oo'e'
r. Is also likely that the consolidated company
will ion forces With the big corporation no" ee ,hs
" " n by Mr. MaIoney this being one OF the
subjects discussed conference yesterday ntter
of representatives. o. Inc neoP nlenhone Com
Many The orea nicer Of the latter corporation wa,
William II. Eckert Of No 50 BroadTay; wh0 # Il e !,
same Company. and Is interested il the success o.
the Maloney enterprise from tne ssrosv into tn,
| earnings Of the Western Union Telegraph Com
pany the stock Of which Is largcy he,6 by IN:
COMPANY. incorpora ted at Trenton few weeks zee.
| agn represents "A consolidation OF several lnde
pendent telephone companies in the West throusi
ver,np Pittsburg Chicago and ST Louis. IT Is un
derstood that this company VIII be ansorpen 10y -
| be closely affiliated with the MaIoney cVnRa"s
| already said will probably be the line 20 ne con
str,cted here under the permits granted to an
| With tho combined resources OF the Peoples meie
| kuCkprOOCkeT