The Electrical Insulator Mfg. Company

THE ELECTRICAL INSULATOR MANUFACTURING COMPANY. — The operations of this company form a district branch of electrical work, but whether such a business will be of a sufficiently wide nature to justify the company's belief remains to be seen. There are certain statements contained in the prospectus which we feel called upon to challenge. In regard to the manufacture of insulators for home consumption we believe the postal authorities are almost the only people who require insulators, and these, we believe, are supplied mainly by one firm only. The supply required by the railway companies is but small, as they are generally only wanted for maintenance purposes. Telephone wires will probably soon be wholly laid underground. Therefore we think that the glowing statements of the promoters concerning the enormous business to be done at home in insulators must be taken cum grano salis. The scientific reports on the superior nature of this clay are not altogether in accordance with facts— that is to say, the importance of a material free from iron so far as insulators are concerned is much exaggerated. We believe that the several well-known firms of insulator manufacturers are quite equal, with their long experience, to supply a very largely increased demand at any moment they might be called upon to do so. We notice that the company purposes manufacturing other goods beyond those of an electrical nature; but the title of the company and the wording of the prospectus naturally seem to point to the conclusion that it is promoted to take advantage of the present electrical craze. We do not, however, consider that the statements with regard to the company's connection with the electrical industry are by any means exact.