Show BIG ELECTRIC TRUST new york jan 1 J pierpont mor pan has under way a deal of vast importance 10 the electrical world involving a combined capital of says the new york sterald the wast electric and manufacturing company of ami the general electric company in which air morgan id the controlling factor are to be brought together and operated under the community ot interest plan the news of the proposed merger reports of which have been current for some days in well informed circles in wall street has been officially confirmed no statement will aie made until the merger has noan accomplished ahia merger will bring together not only two companies with a capitalization of nearly but the two largest manufacturers 01 electrical ap in the united states will pasa into the hands ot a syndicate of which mr morgan wilt be the central figure the companies havo branches in rug 1 land france and germany which atvill also pass into the hands of one central organization additional color has been lent to the report hat a community of interest scheme ia being evolved between tha two companies by the fact that george westinghouse house the president of the corn pany liia name has been hero in new york recently and has con berred frequently with mr morgan 35 |