The evening times., 1900-01-06

The rapid advance OF the FOrseless Vehi-
ele into popular favor throughout the
country is shown in a striking way by the
immense number Of companies formed
during the past year for the manufacture
Of automobiles Of all descriptions. Statis-
tics from all the States OF companies in
corporated in the year 1899. show that
more than 100 such concerns have been
launched and that their total c2pitaliza-
tion is S5Ol 800 900.
These figures oyerstale the actual situa-
tion, as a few Of the companies are still
largely on paper ard others have not is
sued nearly ali Of their capital stock. but
it is at least safe 70 say that hundreds OF
millions have been invested.
The electric companies. in the organiza-
tion OF which Isaac L. Rice was the lead
ing spirit. have been particularly active
and their machines have been in practical
use for some months The present capi-
talization Of the allied companies in this
group is as follows:
Electric Storage Battery Company. slS.-
600, 900; Electric Vehicle Company. s12.-
100000; Columbia Automobile Company.
S3,O0OO6Oi Columbia and Electric Vehicle
Company, 5000. 600; New York Electric
Vehicle and Transportation Company. So. -
900. 900; New England Electric Vehicle
and Transportation Company, S25. .OGC coo.
Illinois Electric Vehicle and Trans Orta-
ton Company, 81, 600 600; Washington
Electric Vehicle and Transportation Com
pany 5000 900, Pennsylvania Electric We
hicle Company. $4,000 600: New Jersey
Electric Vehicle and Transportation Com
pany, 81 200 600.
The Electric Storage Battery Company
u rs organized in lsSS. and is included in
this summary as the original owner OF the
patents covering the batteries used. These
patents, so far As applicable 10 aut0mO-
bles- together with patents formerly owned
by the Pope Manufacturing Company, Of
Hartford, have ben assigned 90 Che CoIum-
bia Automobile Company. the stock o.
which is held jo ntly by the fIst-named
companies.
One OF these New York companies has
already turned out more than 500 vehicles.
OF the automobile cabs owned by the oper-
aIing companies for rental. near.y 100 are
now in use IN New York. 80 in Boston -
ia Chicago, and quite a number in this
city and Phils delDhia- More Omibuses for
the Fifth Avenue line in New York ar
now under construction. Efforts are now
being made by several companies 10 intro
duCe their vehicles abroad
or the other electric -ehiCle camusnipg
that have actually placed machines On tee
market. the m1re prominent are the Riker
Electric Vehicle Company, EliZ5b=Lnpurt,
y. J.. with a capital OF $1,000 900. Woods
Motor Vehicle Company, Chicago S10. .000.-
600. the Philadelphia Motor CarriHge Com
pauy, Atlantic Electric Vehicle Company.
and American Electric Manufacturing aud
Power CJmpauy capitalized al 81 600 900
each. and the United States Automobile
Company, OF AttIebo-o, Mass with a cGpl-
tai stock OF 500 900.
or the companies using steam propelled
vehicles the L0cOmobile Company OF
America. Of which Amzi l. Barber is pres
ident is the most prominent This COM
rGny has advertised its product extensive
Iy and has recently been granted trade
mark on the word "Locomobile."
Compressed air has been developed as a
means Of propulsion chiefly by The So
called Croker companies in which JO-
seph II. Hoadly is the most conspicuous
figure. The International Power Company
and the American Air Power Company
capitalized at SSOCO. 900 and s. 600 eco re-
specuvely. own the basic patents in this
case. The General Carriage Company has
been Incorporated. with a capital Of $40
eco 600.
The concerns using gasoline or oil for
motive power exceed all others combined
in point Of numbers. Some OF the more
prominent OF these concerns are as follows.
Eisenhuth Horseless Vehicle Company.
$40 600 600. Continental Automobile Com
paEy. s.. .0G0 GEO. Western Automobile
Company. S60OO. 900. Lewis Motor Vehicle
Company. $1,000. GOO. DAIMLER Motor Com
pany. g 600 coo. Automobile Company Of
America s.. 600 OOO- Oakmau Motor Eehi-
Gle Company. s. 800 900. Manchester Mo
tor Company. 5000. 600: Leads zIotor We
hicle Company 50 600 GOO and Duryea Mo
tor Company 81 .0O0e,,d.