New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-05
LULL IN THE GAS RATE WAR.
OTHER COMPANIES QUIETLY MEETING
FIFTY.CENT CUT, IT is SAID.
IMPRESSION IN WALL STREET THAT AnH
FIGHT WILL NOT LAST LONG AS
CONSOLIDATION is PROJECTED.

No new announcement in the gas war was No. a..
Yesterday by any Of the companies cohce'" 80
the belief Is general that the rate Oh " 49,,
1000 cubic feet, made on Wednesday o' r,rc
....sa,~ css comnany IL now the prevaiiihg
rate charged by all the companies Wh'ie -.
.ho Consolidated the Mutual nor the Stahu"iu
comnanv has of1cialy made any further reuu' 49, ~,
IN. ofscers OF each admit that they WIN io' rs
any customers by reason OF any cut ""N''
the competing companies may MAKE ,r,.ro,
The superintendents of the STANDARD INC
and the Consolidated companies an 'ep
traorararv demand for new meters anu soy
tbat they cannot obtain men enough u i"
them as fast as they are required ~ % - =.
that one or more Of the companies are "'ns
secure the services Of experts In the employ oi u''
rivals by Offering more than the reeu'"'
which they have been receiving 1,,..
rha Executive Committee OF the Board OF Dlrec
tors OF the Standard Gas Light Company VII, ihee'
todav Mt No 81 Nassau-st but IL was salo 'e'
,o,sov that the session would be only the regular
weekly meeting Of the committee ana tna' II VIC"
unlikely that the question OF rates "ou!o 0oi'o ~
President Hrrison E. Gawtry or 'he CohSo.
dotaa Gas COMPANY declined to say anything yes
terday about the situation. Asked II II was uue
that a meeting Of the directors OF the company no.
been called to adopt retaliatory measu.'' ~
the New-Amsterdam company, Mr.. Gawtry an
swered that he had nothing TO say i'e"'"'e'
Deane was equally hon-committai
II. NJ
Isobt Coupany sent out word that he coulo hot
DISCUSS the situation at all Russell sage, presiue'
of the Standard Company said yesterday hiol me
that he had nothing to add to his statement n
on Wednesday that the customers OF MS 0o'"P'
would be protected" this expression pe'hs u"u
stood 10 mean that the Standard would make io
as low as any Of its competitors Later III 'ne uaS
Mr. Sage said that he thought conditions hau w
come more peaceful" .. ,,,os
A director of the Consolidated Gas N0inp' 49,.
ouo,ed Yesterday as saying: Il do not believe the
New-Amsterdam company can stano oo-0e'' 90
very long 1t may not be necessary TOT Us u ~ zoe
the fight any further than II Is AZ any AZ
are in no hurry to do so. We VIII deai WIN ~
s,uaton as II develops each day. NO one can V.,i
how long this war VIII last nor "h"' " W." ~, ,r,l
in II is fight in dead earnest, ana , Will the
portant and momentous issues hanging upon ''0
An official of the Notwithstanding company sa
yves they are meeting our cut our men TN nv aX
us without making much noise about IL, aaddvctio2y
Unless he cheaper gas is available through PIPES
already laid and unless they are gong 10 pro synd
i s General announcement they save GOOD zeal
narticuarly the Standard, so 1t IS down 10 6uou
lighting basis and we are se'onk '0''
The Impression prevailed in Wall Street YESTERDAY T
that the gas war would be short one II oStns re
oorted that negotiations had been begun LOOKING 70
a consolidation of the competing compahisss n stock
I Exchange "a" Opening at s low as i7S
and high 1888 closing at lSi., net ,sSinh is
t the Ssy in of M RSinsS YESTERDAY al
bid So asked against 2SaSSh on Weonesdaydi Nth
Ss5GSO5 on the previous day Standard was "h-
Changed at Us bid. 1873 asked ...u.o-,.,, t..
formed ne e its patrons in the Long Island CITY
ton Queens Borough that the rate per The bera
no rival to the New Amsterdam In the tcrrilory
its being the only ones IN the pSI 'he
Manhattan.