The daily morning journal and courier., 1906-02-05
THE PHENOMENAL GROWTH
In the Demand for Electrical Machin-
 cry and AppIiancep.


 From the very interesting market let ter just issued by F. $. Butterworth, dealer in oonds and stocks on Church sureet, ill the Exehanga building, the following is taken:
 Some of the features which have aroused widespread interest have been the large requirements for steel and metals, and the growth in the demand for electrical machinery and appliances. In the electrical manufacturing field the increase for several years past, &C., cording to statistics compiled by cleo trical and engineering journals, has been at tate exceeding twenty per cent, excepting ill 1904 Ill 1905, how ever, the increase was considerably greater than 20 per cent, with a total business estimated at the large sum of $2l0,0O0,O00. In conjunction with this, and also illustra ting this growth, it is of interest for investors to note that the two larges corporations in this country dealing in electrical machinery, that is, the Westinghouse company and the General Electric company, have ClllO pC4IOo HUI SeboOo NAlNAl Al4AStAl~ cial resources very considerably. The former is paying 10 per cent. on about $25000,000, and the latter 8 per cent. on about 4S,00O,00O capitalization. One of the largest items making up the above named total business of $210, 600 was for telephone apparatus, the disburse- ments for which reached total esti- ,,s,ineL L1 ,H .s.ne+ 900 in 1904 As this amount relates only to expenditures for apparatus, 1t can be seen that the disbursements for tel ephone development must have reached enormous figures, For motors of all kinds, the total was $42,00O,000 Both for manufacturing and transportation the use of electricity continues to grow rapidly, and in railway transportation it seems accepted that traffic between communities fifty or seventy-five miles or less, remote from each other, can we'll be handled by electricity, and where conditions are suitable steam roads-notably the New York, New Ha- ven & Hartford and the New York Central, have purchased electric rail- way systems serving and connecting communities in populous districts ad- jacent to their lines and they and other roads are in addition making provision to electrify some portion of their tracks now operated by steam. In short this movement, long prophesied, is now to come true to a very consid- erable extent-and more rapidly on the New York, New Haven & Hartford than upon other steam roads. The re- cent purchases by the New York Gen. tral will give them continuous elec- | .tric system across the state of New York from Albany and Schnectady to Niagara Falls and Buffalo, connecting in succession the above named cities and Little Falls, Utica, Rome, Oneida, Syracuse and Rochester. In the opera 1 tion of this system the New York Gen. I tral will have the benefit of Niagara | Falls power the transmission of which to points 150 to 200 miles distant from the Falls is now well under way It's plans for the identification of it's lines in and approaching New York city are well known, and include the use of elec- tricity within a radius of twenty or thirty miles of the Grand Central de- pot. The New York, New Haven & Hartford Railroad company will also use electricity in and near the New York terminal.
 1.-The plans of the New York, New ] Haven l& Hartford Railroad company for the use of electricity have made considerable progress, differing materi-