The evening times., 1900-01-06

The rapid advance of the horseless Eehi-
| Gle 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 capitaliza-
tion is s5O4. 800 900.
These figures oyerstate the actual situa-
largely on paper and others have not is
sued nearly all OF their capital stock, but
it is at least, safe to 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 capt.
talization of the allied companies in this
group is as follows:
Electric Storage Battery Company s1S,-
900, 900; Electric Vehicle Company. s12.-
00o. 900: Columbia Automobile Company
So 000. .060; Columbia and Electric Vehicle
Company, 5000. 900; New York Electric
Vehicle and Transportation Company. S25.-
000. 900; New England Electric Vehicle
and Transportation Company s25 O00, 600
Illinois Electric Vehicle and TranspOTta-
tion Company. S25, ,000. 600; Washington
Electric Vehicle and Transportation Com
pany. 81. 900 900; Pennsylvania Electric We
hicle Company. 5000 900: New Jersey
fs..,, fsgv,
pany, 81 200. 900
The Electric Storage Battery Company
was organized in 1855. and is included in
this summary as the original owner OF the
patents covering the batteries used. These
patents. so far as applicable 10 autOmO-
bles, together with patents formerly owned
by the Pope Manufacturing Company, Of
Hartford, have been assigned TO the COlum-
bia Automobile Company. the stock OF
which is held jointly by the 1Ist named
companies.
One OF these New York companies has
already turned out more than 800 vehicles
OF the automobile cabs owned by the Oper-
ating companies for rental neaT.y loo are
now in use in New York, 80 in Boston, u
in Chicago, and quite a number in this
city and Philadelphia. More omibuses for
the Fifth Avenue line in New York ar
now under construction. Efforts are now
being made by several companies TO intro
duce their vehicles abroad.
OF the other electric vehicle companies
that have actually placed machines On tee
market, the more pT0minen are the Riker
Electric Vehicle Company. EliZab=LnpUrt
y. j.. with a capital Of $1,000, 900, Woods
Motor Vehicle Company. Chicago. SO 00O.-
600: the PhiIadelphia Motor Carriage Com
pany Atlantic Electric Vehicle Company
and American Electric Manufacturing and
Power Company. capitalized at $l.O00.O00
each. and the United States Automobile
Company 0f AttlebOro, Mass. with q capi-
tai stock of S100 600.
Of the companies using steam propelled
vehicles, the LOcOmobile Company OF
America, of which Amzi l.. Barber is pres
ident. is the most prominent. This COM
pany has advertised its product extensive
Iy and has recently been granted a trade
mark on the word ''Locom0bile."
Compressed air has been developed as a
means OF propulsion chiefly by the So
called Croker companies in which Jo-
seph II HoadIy is the most conspicuous
figure The international Power Company
and the American Air Power Company,
capitalized at SS.OOO. 900 and $1,000. eco. re-
spectively. own the basic patents in this
case. The General Carriage Company has
been incorporated. with a capital of s20.-
0CO. 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 Hursetess Vehicle Company.
$40. .O0O. GOO: Continental Automobile Com
pauy. s. OO0. 000: Western Automobile
Company, $4,000. 600. Lewis Motor Vehicle
Company. 81 00O. .OO0. DAIMLER Motor Com
pany. s. 900 600 Automobile Company Of
America S.. 900 Geo Oakman Motor Nehi-
Gle Company. $1,000. 900: Manchester Mo-
tor Company. S5OO0. 600: Leads Motor We
hicle Company. 81 900 Gee and Duryea Mo
tor COmDany 81 600 600