Show OfffR fOR OGOf GAS COMPANY A W RUMOR THAT COMES PROM WALL STREET Proposition Involving 85000000 Was Refused and a Demand For More Money Made Special to The Herald New York Sept 15Report comes to Wal street from Chicago that a direct di-rect ofer of 5000000 in cash was recently re-cently made for the property and ranches of the Ogd n Gas company and the Cosmopolitan Electric company which owns the stock of the Ogden company While this offer did not come directly from the Peoples GasLight Gas-Light Coke company It Is thought that it was made in its behalf The offer was refused A counter proposition was made for the sale of the Ogden Gas company and the Cosmopolitan Electric company for 6500000 This proposition was refused re-fused by the persons who had made the first offer of 5000000 for the properties tiesLocal Local interests identified with the Peoples Gas company had nothing to say yesterday when seen regarding the Peoples Ogden negotiations |