Set selected option of select box

I want to set a option that was selected previously to be displayed on page load. I tried it with the following code:

$("#gate").val('Gateway 2');

with

<select id="gate">
    <option value='null'>- choose -</option>
    <option value='Gateway 1'>Gateway 1</option>
    <option value='Gateway 2'>Gateway 2</option>
</select>

But this does not work. Any ideas?