The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-01-21
TrmuriAI.
tinanruI.
70 CONSOLIDATED z j'l,I$;I()Il ! D. CAS- S., Co. e =
January 18th, 1900

In January 1890 at the time of your last Annual Meeting. the Consolidated Ga.
I'M at the price Of 10 per thousand ,uo; fee. iess The stockholders were we're, ,ss. .Mh"
by reason Of these satisfactory and prosperous conditions enjoyed universal favor and
On the ast day ot May 1899. your directors saw nto reduce the price charged to
consumers fors gas to $3.50, per thousand cubic 'stN Its rivals. M competitors pern mo
meeting this act by similar reductions SS In n. pree A o,, o sra"w war nus &c s.n ust"s %pon a.,
"'1 The si meeting o, tho STOCKHOLDERS o, the Consolidated Gas Company sobo held
Dividends have been gradually reduced until they are now onehat of those formerly
continues its present policy respecting the price Of gas to the consume for an period
ofhotne legislation on behalf of the public that having become accustomed to tho
> A matter hausht with so muc Of vital consequence to those whose capital Is in.
vested in the securities of the Company is one that merits the serious and thoughtful
S %I present Sssstrou. policy o, tho director. may produce tarhsr reductions in dlI
asd charges. The stockholders are oopartnes With each Other in the business o. manu-
the annual meeting oithe stockholders full Information concerning tho business policy
. sns fe I. soSys s sde oe%H by s' the prssen nss di % %S sI s warranted s an by existing conditions
One competitor Of your Company has already restored tho price o, "a. sold by It %
sio per thousand cubic feet The thsr oompators o. the Consolidated Gas Company
the Consolidated Gas companyn restoring the proe Of gas to a normA and proper level
tob to the best interests otho Company. and o selfish aims or private purpose /" any
omoora the Company should prevail at the expense Of the stockholders
,,nh our =, % s1srss >, t M. on s%sI lsoD S~ o tSs New Wy York. S1a~ Mutual ~aia Gas Light Light Company It
is believed by many that the price paid for this stock WAS enormously n excess Of Its
,s disclosed s1 warrant Tanas,s a clos, Ss III ,n a,sMsas3 , into it. "details !, tall o and s. T., Il Sseon .s ,o,ssss
the affairs otthe Consolidated Gas Company TO- T the ga accomplishment %a ,a"snso Of his MS ,, ends ,dsoo,
,eetness Of which If" admitted by the President ,Sd% Of your oomps sE; that "s 9.' about s%t tina,
1 S%sy@ our an psstor7 7 nIqu ,nTs ooasol H o %s Ssw sr r~rA nasn sa sfs sS the sS Ssta nsat Of fI it
should snon Sa be ssr ratnd.do with 18th great care" 1ss by y sT Yspeds .na E Ht sG J 1sst Hst ana %s r s"%,
Company is a consolidated or paen. company ys Of number :nSn. Of electric light s. companies pa mics
:ai % BOO purchase s 6ann money bonds d. of of tss present Sn COMPANY n"nn wsss Issued enr to S'aT IRE
assumption by the Consolidated Gas Company of the control of the New York Gas and
Ns $50, 600 900 of Capital stock, marks a radical step In the history of the Consolidated
Gas cO snnn& and the stockholders t1% arss can , certainly nny ask in sa III aTns' st matt ny ,S Ss s,s ss a
mission to Them OF the full details thereof before being called upon to rtty IT.
t1al company, but the persOns directly Interested are emphatic in their refusal to state
The belief is beginning to shsa by many ..stAo ds5ss that they would receive much
value sse, we're the affairs Of the Consolidated Gas Company divorced from the control Of
m mSoh nr sst h S& nh ps scs%sf w SnsuS Sess to s sis ssna ans h ss'n n OF ss 9q in ss hands Is ss on m nG
r S@, Rsf g Sd %e m%%f as15 %d n E% OF s s,s and %' the 70 rs result f%' Ds % s "% Of . %sS &% Vi.
in v j. j. s Ssfh nRa@ ! ass 1s int rnst ss s.G ak Fl a a ss s4pR .sys Il s' ssS Sssd sa eE' d asf is