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Show Tho Futiiro of Storoga Traction. 1 -Ono of tho most important events to electrical matters is the formation of the TJm'ed ! :ric Traction company, with a capital stock of not less than $7,000, -000. This company is a consolidation of the Daft and .lulien companies, each of' which is well known in its respective field of work, nnd has done eo much to bring electric traction up to tho position that it now occupies so commnudingly In the industrial end financial world. Among tlie momentous result3 to ho expected ex-pected from this masking of forces uot the least will be a sudden nnd lasting' activity in storage battery traction, and it is to be hoped that tho way may now i be made clear for an extension of work j in New York, so that the whole city ! may enjoy tho luxurious travel that has been the privilege for a while of the j people in the viciuity of Fourth avenue New. York Sun ' |