18 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE,

eis
Rhenish-Westphalian group—Continued, Per cent.
Ennigerloher Portl.-Zem.- &amp; Kalkwerke, Grimberg &amp; Rosenstein,
A. G., in Ennigerloh oe 0
Rhein. Portl.-Zeni.-Werke, Koln a. Rh. oom meee 0
Portl.-Zem.-Werke “ Roland” A. G. Beckum mean uv
“Anneliese,” Portl.-Zem. &amp; Wasserkalkwerke, A.-G., Ennigerloh oo... 0
Neubeckumer Portl.-Zem. &amp; Wasserkalkwerke “ Zollern,” A.-G.,
Neubeckum cee B5
South German group:
Mannheimer Portl.-Zem.-Fabr.,, Mannheim___ (oes
Portl.-Zem.-Werke Heidelberg &amp; Mannheim, A.-G., Heidelberg __—..- 5
Portl.-Zem.-Fabr. “Ingelheim a. Rh.” A. G. vorm. C. Krebs Nieder-IOGOINAIIL
 Hy TR immo msm oss ons ick sie ts im mt mm AS
Portl.-Zem.-Fabr. * Karlstadt,” vorm. L. Roth, Karlstadt a. M____....
Offenbach Portl.-Zem.-Fabr., A. G., Offenbach a. M________________
Portl.-Zem.-Werke Rombach, A. Goes
Siiddeutsche Zementwerke, A.-G., Neunkirchen oo comme
Heminger Portl.-Zem.-Werk, A. G., Saarburg._ «ee coeemeaeeeae
Lothringer Portl.-Zem.-Werke, Diesdorf i. Lothr, acme
Wiirttemberg, Portl-Zement-Werk, Lauffen a. Nooo mma
Stiddeutsches Portl.-Zem.-Werk, Miinsingen i. Wilrttemberg_________
Portland-Zem.-Werk Diedesheim-Neckarelz, A. G., Diedesheim_____..
Portl.-Zem.-Fabr, Blaubeuren, Gebr. Spohn, A.-G., Blaubeuren.__...
Portl.-Zem.-Fabr. “Elm,” A. G., Blm_ eee
Portl.-Zem.-Werk * Berching,” A.-G., Berching___ ae
Bayrisches Portl.-Zem.-Werk * Marienstein,” A. G., Miinchen

Tar Errcrricanl INDUSTRY.

Two principal companies.—In Germany there is no electrical trust.
Two great companies have succeeded in concentrating about 80 per
cent of the entire electrical business of Germany into their own
hands. Yet these two large companies are in the sharpest competition.
 The Allgemeine Elektrizitatsgesellschaft, called A. E. G., and
the Siemens-Schuckert concern, called Siemens, in the trade, control
about 45 per cent and 35 per cent, respectively. In 1912 the Bergmann
 Electrical Co., which had been effectually competing with the
A. E. G. and Siemens concerns, had expanded beyond its strength
financially. As the Deutsche Bank was the bank for both Siemens
and Bergmann, they succeeded in negotiating a fusion by which the
Siemens concern took over the Bergmann interests. At. that time
there was much talk of a monopoly in the electrical industry, but the
Siemens group made a special point of the fact that the health of the
entire electrical industry of Germany depends upon sharp competition
 among two or three large concerns, which encourages invention
and develops technieal and commercial organization in the competing
 plants. The Bergmann Co. therefore has continued to exist as
a separate company, so far as the market is concerned, although it
belongs financially to the Siemens group. In the further remarks
concerning the electrical industry, the Bergmann Co. may be considered
 as a part of the Siemens concern. The two electrical companies,
 A. E. G. and Siemens-Schuckert, are of such enormous importance
 in the electrical industry of the world that it may be worth
while to consider at least one of them in order to see in what manner
and to what extent they have divided the market between them.