New-York tribune., 1899-05-10
NO SETTLEMENT AS YET.
EFFECT OF THE KERN BURNER UPON
THE GAS WAR
INCORPORATION OF THE COMPANY. WITH CAP
rTAILzAr1oN OF s,2ooo0c HOW RUSSELL

INCORPORATION OF THE COMPANY WITH CAP
rTAIIzAr1oN OF 100000 HOW RUSSELL
SAGE MESSED HIS cBANcT
The situation in the gas war; so far as could be
learned underwent little change yesterday. inc
likelihood Of q settlement was no nearer than "
was a week ago. apparently. No conference took
place yesterday. It was said between the repre-
sentatives OF the various companies. and, IN rac''
Russell Sage and n. z. Gawtry. president OF the
Consolidated Company denied that any meeting
was contemplated at all. The opinion grows now
ever. that the Kern burner has introduced an en-
tirely element into the fight. As has already
been told In The Tribune the use OF this burner
will considerably cheaper the cost OF manufac'u'ins
gas and will permit the maintenance OF the pres
ent cut rates with much accru'ng profits to the
companies were obtained under the 81 10 rate
Upon trustworthy authority II was learned yes
terday by Tribune reporter that while the ne"
burner would have no direct effect upon the gas
war. for the reason that no one company controHeu
It. II would prove important factor In the
hght that a settlement would ultimately be agreed
upon by the companies for the fixing OF perma-
nent rate OF 70 cents thousand feet
THOUGHT HE HAD CONTROL.
An interesting little part which the Kern inven-
ton has already played in the gas fight was re-
lated Yesterday TO a Tribune reporter by mem
Der OF the firm OF Coudert Brothers. the counse'
to the new N2o0o0Co company which has neen
formed TO manufacture and sell the burner uh'i
last Friday Russell Sage thought he held contro'
Of the burner. II this belief that induced MI
Sage to take the determined attitude he did against
his rivals "He knew" The Trhurc's inforHah.
said. that by securing the American rignts Va
burner. he would be in n position to meet ailS
cut the other companies could make Inc ne"
burner does away with the necessity OF usinE "
troleum In the manufacture OK gas. and as MS
contract with the Standard Oil Company runs ou'
on June l. and is not likely 20 be renewed ne was
particularly anxious to obtain the exclusive rien''
OF the burner In this country He delayed COM
pleting the negotla tlons mainly. believe upon
some question of terms The directors OF the Co"-
solidated and the New Amsterdam companies nav
ing satisfied themselves by series OF tes's o'
the merits OF the burner asked that tney pe ''
lowed to purchase an interest In It,
The result OF this was that a separate company
was formed for operating the burner. stock Delns
subscribed for by each OF the gas companies inc
proportion OF the stock they hold is such that none
OF them can control the new corporation. Jus.
what that proportion is and who the directors & T
the company Paul Fuller w not ahe 10 he held
to-day 1t was ascertained however that ottmar O for
the hern American w % Mexican and Canadian rights OF
his invention. For the English rights, whicn fe w.
bought by the Welsbach Company ne reoe'eO
THEIR GREAT MERIT.
The great merit OF these burners to gas manu-
In order 10 give heat and sufficient lighting power
to water gas It is necessary to enrich 1t by oo"'ns
five gallons OF crude petroleum into every tnousa"u
cubic feet Of the gas. The Kern burners tne , p,rn
cp Of - Which Ss Tss Wa. o the ss Without
introduction OF petroleum. ana give s.eaty, ty,e ~
bSrner. In view Of this fact IT is to be supposed
that the companies have taken INTO & sdcsd
II a consumer can get much light from two 70 M OF
the burners. as he previously oo'a'ned HUN
Russell Sage president OF the Standard Gas Light
IN s mot to ss up the h SO
as the Standard is concerned he said tnere ns a
1Ins IN prosress It Is true that men have waited upon
me saying that they came from MI hoeKeieaes s nes
companies They have talked in ap informal way
about coming to an agrseent Gg' ,her we're in
earnest about settling the matter they would make
real proposition in;ead 2, eh K IN ae,tsd 11si
in two hours II it were approached In the proper
way"
90. KNOWS OF NO REASON.
Asked II there was any reason for the belief that
a settlement would be reached soon. Mr. Sage an
swered: II know OF The Standard is on the
outside. as It were and all We can do is to walt
We are not not sarynfg on any any The sht
do not think the fight is aimed the Standard
It is pad the electric light interests are somehow
business in straightforward way We lived up to
the agreement which we made With the other gas
TO IT."
Oficials OF the Consolidated and Amsterdam
companies refused TO comment upon the situa tion
yesterday.
Considering the excited state OF the market Con-
solidated Gas stock behaved fairly well yesterday
Its lowest quotation 1881 its highest 1891 and
the close 1854 Less than five thousand shares were
dealt IN
Trenton. ~ j.. May a.-The Kern Incandescent
Light Company filed articles OF Incorporation here
to-day. The capitalization is N2yToooo The cor
porators arc Ernest F. Ayrault and Charles ".
Dayton, OF Nev-Y York, and J. p Murray OF Jersey
City. The objects Of the company are the manu-
facture control and sale Of the burner Invented by
the man after whom the company is named