[D8943ABC], Letter from William Preston Hix to Thomas Alva Edison, December 26th, 1889
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Title
[D8943ABC], Letter from William Preston Hix to Thomas Alva Edison, December 26th, 1889
Editor's Notes
San Francisco, Cal., Dec. 26th, 1889. My Dear Edison; I enclose you two letters from weeks which will explain themselves. Please render him any assistance you can, as he is having a very hard fight of it in Kansas City. He has a Station of 5000 Lamp Capacity when there is a demand for 15,000: but the stock cannot be placed in Kansas City because every man there places his money in real estate, and the Arc Company's Stock is worth 150, par value 100, simply because they have a large contract the City, Weeks is trying very hard to placce some more stock.##There is a fair prospect of placing a Company of $200,000, in salt Lake City, Utah. R.M. Jones, (whom you know), is pushing it all he can: and if anybody can place stock in Salt Lake City demanding 30 per cent on first capitalization, and 30 per cent on all increases. I think Jones will do so.##San Francisco is the best city for a plant that I have seen. Gas is very high, because Gas Coal is imported, and is very poor at that. There is an Arc Company with the Brush System and very few incandescents. The difficulty will be to get franchises, as we are so tied up here with the Ladd Estate that I will not make any move whatever without consulting a lawyer, so as to prevent any law suits or complications hereafter.##The details I have written to Mr. Herrick, and have kept him fully posted.##Wishing you a Merry Christmas, I remain, Yours Truly, W Preston Hix [name mention: Brush Company]
Author
Recipient
Mentioned
Date
1889-12-26
Type
Folder/Volume ID
D8943-F
Microfilm ID
126:728
Document ID
D8943ABC
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University