Proceedings (Volume 1, PT. 4)

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1919. Not illustrated. Excerpt: ... SECOND SECTION MEETING Wednesday Afternoon, October 15, 2:00 P.M. The second section meeting' of the Manufacturers' Section was called to order by the Chairman, Mr. A. P. Brill. The Chairman: Gentlemen, the Session will please come to order. The proceedings of the Convention will be given over to the reading of a paper by Mr. C. E. Bartlett The Unsold Market for Gas. In considering the program for this meeting, the management believed that the manufacturers could properly express some of their views on this subject. The preparation of the paper and the writing of it is the work of Mr. Bartlett. The ideas set forth, however, are not the ideas of any one man or any group of men. When the paper was drafted in skeleton form it was submitted to leaders in the gas industry, heads of large companies, the president of the American Gas Association and various other officials. The question or subject being dealt with is the one that is most important in the minds of manufacturers as well as gas companies because in the solution of it is the progress of this industry to be found. Mr. Bartlett (applause). (Mr. C. E. Bartlett then read the paper entitled The Unsold Market for Gas.) (Applause.) Eleven hundred gas companies engaged in the manufacture and distribution of artificial gas in the United States and Canada have a combined capital, at a conservative rating, of $4,000,000,000. There are approximately 500 concerns engaged in the manufacture of appliances using and making this artificial gas in the same field. Of these 160 are company members of the American Gas Association whose annual volume of business done with gas companies totals $41,550,000. These figures, thought conservative, are yet of staggering significance, and no reckoning is taken of the capital employ...