The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-07-08
AMERICAN INTERESTS IN CARS EMPIRE
Investments Made by
Our People in
Russia.

ST. PEIERSBUR extraordinarily the
American colony in St. Petersburg in
Guides about 80 persons. but it is now
reduced TO about half that number on
account Of the unsafe conditions exist
ing here During the excitement caus-
ed by the recent strike disturbances so
much apprehension was felt for the
safety OF the resident Americans that
the State Department at Washington
authorized its representatives in
Russia TO charter a ship to take all
subjects of the United States away if
ii became necessary.
An official statement quotes the in
vestment of American capital in Russia
as follows: New York Life Insurance
Co. has holdings in Russian govern
ment securities TO the amount of s12,-
600, 600: according TO an agreement with
the Russian government giving it the
right to operate in the country. the
Equitable Insurance Company invested
in government securities. or securities
guaranteed by the government to the
amount of 81, $50 900; The Westinghouse
Company has a factory for the manu-
facture of air brakes and electric
pumps which cost 81. 500, 900; Ernest z.
Ropes has an oil refinery which he
values at 100000; the Worthington
Pump Co. and the Pneumatic Tool
Company each report an investment of
$3.50. 900; ]. H. Lencke. of Reading.
Pennsylvania. is the principal owner
Of the latter, and he is engaged mostly
in making tools for the Russian gov
eminent.
YANKEE CAPITAL IN RUSSIA.
". E. Smith. manager of the West
inghouse Company, has interests which
he holds at SIS 600: Frank Cation owns
the American Turf Goods Magazine
ana an exchange for buying and selling
horses. which he estimates to be worth
S23. coo: Tait's American Diamond Pal
ace. owned by f Y. Goldsen, has a
stock OF goods which he says viii in
voice $40 GEO; L. G.. Weinberg. manager
Of the Worthington Pump Company,
lists his individual property at 10000:
the Russo-American India Rubber
Company is a large institution which
was founded with American capital,
but which is now entirely controlled by
foreigners; the Singer Sewing Machine
Company operates on a large scale in
Russia. but its manager failed to make
a statement concerning the amount of
capital his company has invested.
While there are undoubtedly big
possibilities for the sale of American
products in Russia, as yet the trade
has not been developed to any great
extent Articles Of machinery constitute
the bulk of the United States goods
which find their way to this market
The list includes agricultural nipple
ments. reapers moving machines, en-
CINE lathes. milling machinery, cranes.
cleaners. slot rifiing machines. drilling
machines and drills; also typewriters,
cash registers and monographs
American manufacturers desiring to
enter the Russian market VIII find that
a demand can be created for the fol-
lowing: Steamboats,, water wheels,
shovels, forks, locks, revolvers, print
ing presses. filters, scythes and wagons
The most antiquated methods are used
in mining. the application of chemistry
and machine processes being seldom
found. The Russians are almost al
together unacquainted with the port :
able steam engine and are in great !
need of pumps. boilers, bells and [
cables. there being a special need for E
medium weight cables. Sheet iron a
should find a ready sale in Eastern Y
and there seems TO be a ready c
market for oil presses and kindred d
o
DEMAND OF THE MARKET. y
It is said that the American-made {
sail
similar articles of English and Ger u
man manufacture. because the latter u
are 20 heavy and clumsy. German q
saws are superior TO those made in q
England because they are tempered 10 D
withstand extreme cold, which is q
quality for the. climate The 0
lind of steam engines best adapted 4
-or use in Russia are those that are x
lightly built and simply constructed <
AS a result of careful inquiry It =
would seem that Sweden and Denmark
AVE monopoly in the sale Of cream y
.ry apparatus Belgium for firearms, =
md Austria-Hungary for cycles y
France leads in fancy goods, toilet D
rticies. soaps. perfumery and bluing. 9
While Germ my controls the supply o. O
articles, cook stoves 3
eedles machines for the manufacture q
I brick and matches, and tools for A
arpenters and turner's. Great Britain X
in the market with many articles of &
,nglish manufacture. <
Although Siberia has long been re- :
arded as being merely a waste land. K
I only for penal colony, II is now <
nown TO be country Of unliTn- =
ed possibilities and viii undoubtedly
rove TO be great field for enterprise
$ soon as the clouds Of war and do =
nestle strife are lifted from Russia 1t y
almost as fertile as the American @
rairies and has thousands of miles
priIneval forests and valuable woods. 0
asst deposits OF fossil ivory. rare fIr- q
caring animals. and all kinds OF min 4
rails from coal to gold 1t has extern a
We f,Y1arries of fine building stone that =