New-York tribune., 1899-11-18
THE RAPID TRANSIT STATUS
NO ACTUAL BIDS LIKELY FOR TWO
MONTHS.
THE NEW YORK CENTRAL AND THE METRoPohi-
TAN COMPANIES NOT LIKELY TO MAKE AN OF

THE NETWORK CENTRAL AND THE MErFOfol'-
TAN COMPANIES NOT LIKELY TO MAKE AN Of
FER-DIsCRETToN OF THE COMMISSION
Members OF the Rapid Transit Commission have
been interested in reports which have been circu-
lated that the New-York Central ana Huusoh
R,ver Railroad Company the Metropolitan street
Railway Company the Third Avenue Railroad
Company and. syndcates representing America"
and English capitalists were prepared 10 "''Ne
separate bids for the contract Tor Duiuinb % m,iu
onerotins the underground rapid transit road. Inc
REPORTS have declared that at least hVe D'u' i
the contract would be made The advertisement
inviting contractors 10 make bids for the tuhhei
road will be published next week and the "een
after that by the Rapid Transit Commission anu
the bids probably Will not be presented oeioro
January 15 the date set for opening Dids AieAa''-
der e. Orr, president OF the haP'u i'" Vim
mission. said yesterday:
As II is not customary for bidders 70 hahu IN III
their sealed proposals until tew hours have any
are TO be opened we do not expecs " hart tue
months In the time there Is nothlIS ~ otS5nr etSn
for the CCmmisson i to nt 90 somethng arises which
would make a meeting necessary
Renorts that the New-York Central might oid LOT
tho tunnel road have been contradicted oy fresi-
dent Samuel r. Galloway and by Chauhcey M nc
now and when Senator Depew was asked again
Iost evening by n Tribune reporter for information
II
not bid" -, ,...
President Vreeland Of the Metropolitan street
Railway Company has declared that his company
would not make a bid for the tunnel roau, us .,o
directors of the company had decided when the
former bid OF the company was WltAura"n 'i''''
they would not make another bid Ihere hase
been persistent reports however, that there "ouu
ba n bid by some syndicate representing 'he III
terests OF the Metropolitan ,,u...d Co,rnonv
Oficials OF the Third Avenue Raroau ~ y IA
have declared that the company woulo Hlahe ~ @ ~ IN
for the rapid transit road per- tao nc ed that
terests of the company could 10 e' prolecsu d eie
conId he made to pay only in connection VIII Win d
svsten, of surface railroads suoA as the c0hpan5 @
owns The company, II Is deciareu CUuiu U ,,nnei
about IS 900 900 in the construction ol it, on
Tho MINER boulevard and the hingspruse ~ HEH is
and could use the large new poWernGPIhse ouer for
| being built Kingsbridge 10 iu'hl'" p"N "
| running trains. -, o,too ., tho cornora tions
interested in railroad traffic in the clIy ma 't
Panid Transit Commission may use ulscI @ -
letting the contract for the uhuer to dcide
rSha law gives TO the Commission power 10 uec!ue u
h ahe c"r6oration Offering to build and operate the
| tunnel road can give the best results IL ~ ~hisIa
| bapnen that an Independent syndicate OF nv "
| amman thoroughly responsible, mlent p!u "
build the underground railroad anu ope"co onnanys ~
| ria but the Commission could sun aware sile
Contract TO the higher bidder on the grouho @ ona'
tbn cristInR railroad agreed TO give cerun tialls-
| fer privileges that could not DC s""'"'' - ~
| independent company. tn
Penorts that English capitalists are interested ~
| n svndicote prepared to make bids Tor the luhhel
| road and that various American capltailsts ndNe
| united "a form rival syndicate 1or the pui POso
| ~ biddIng have been repeated recently Men sup
| Oi Oosed 70 he connected with the syndcates nave
| deel,ned TO give information on the subject