In this paper, we pursue our analysis of the W-1+infinity symmetry of
the low-energy edge excitations of incompressible quantum Hall fluids,
These excitations are described by (1 + 1)-dimensional effective fiel
d theories, which are built by representations of the W-1+infinity alg
ebra. Generic W-1+infinity theories predict many more fluids than the
few, stable ones found in experiments. Here we identify a particular c
lass of W-1+infinity theories, the minimal models, which are made of d
egenerate representations only - a familiar construction in conformal
field theory. The W-1+infinity minimal models exist for specific value
s of the fractional Hall conductivity, which nicely fit the experiment
al data and match the results of the Jain hierarchy of quantum Hall fl
uids. We thus obtain a new hierarchical construction, which is based u
niquely on the concept of quantum incompressible fluid and is independ
ent of Jain's approach and hypotheses. Furthermore, a surprising non-a
belian structure is found in the W-1+infinity minimal models: they pos
sess neutral quark-like excitations with SU(m) quantum numbers and non
-abelian fractional statistics. The physical electron is made of anyon
and quark excitations. We discuss some properties of these neutral ex
citations which could be seen in experiments and numerical simulations
.