New-York tribune., 1900-04-28
NAY AFFECT GAS SITUATION.
BY-PRODUCT COKE COMPANY WAITING
ONLY FOR SITE TO START WORK

BY-PRODUCT COKE COMPANY WAITING
ONLY FOR SITE TO START WORK
The directors Of the New-York By-Product Coke
Company, which filed articles of Incorporation in
Albany Thursday say that they will start bust
ness just they choose a site for
their plant. They have bought exclusive rights to
the of the Otto Hoffman by-product ovens for
territory extending out from NewYork sxty-niles.
This is the process used by the New-England Gas
and Coke Company, Of Everett. Mass. BY it
piece of coal. it is said. be made yield more
than under any other method that has yet been
tried. Besides gas and coke Il turns number
of other products including tar and ammonia.
For this reason one OF the directors said
yesterday afternoon, the company may have
great-a very great-efect on the present gas
I cannot explain much further. except to say that
in the market TO sell products and
shall be able TO manufacture them cheaply- This
company has connection with the Standard Gas.
Robert c. Pruyn. Of Albany. of the directors.
has a large interest in the New England Gas and
Coke Company All plans have yet been
made
a New-York director is quoted as saying:
am not prepared TO- say that it has no connec-
On the assumption that Consolidated Gas Com
pany interests are behind the New-York By-Prod-
uct Coke Company, is widely believed in Wall
Street the organization of the latter company is
New-Amsterdam Gas Company is pass
The directors Of the latter COMPANY as is we'll
known have for some time favored the policy Of
extension Of the Of gas as fuel. while plan
ming introduce the electric light and
generally for Illuminating purposes: The New-Eng
land Gas and Coke Company. of Everett. the use
Of the patents controlled by which the New-York
By-Product Coke Company is to have in and near
this city, manufactures a large scale fuel gas
well Illuminating gas and for the distribution OF
these products requires two sets of mains. The in
PRODUCTION Of fuel here by the Consolidated Gas
Company would similarly require an additional sys-
tenn of pipes, the necessity for the installation Of
which would. however, be obviated through the
acquisition by the Consolidated Gas Company of
the NeW-A amsterdam Gas Company, with its exten
sve lines OF gas mains. which could be at once
utilized for the conducting Of fuel
Strength in Amsterdam Gas securities in the
outside market yesterday was followed by reports
that the gas war about TO be settled. A di-
rector Of the Consolidated Gas Company said that
there truth in the rumors, and he also de-
ried the report that a conference had been held
between representative Of the Consolidated and
NeW-Am sterdam companies
rectors was held yesterday afternoon at the Farm
ers' Loan and Trust Company offices. The session
brief one, and. according to the statements
Of several directors. nothing but routine business
was transacted a director admitted that there
had been a conference Thursday also, but de-
cared that il had had TO do only with the internal
affairs the company. the general situation being
unchanged From other quarters came the same
report. but the general feeling is that something
is going under the surface