New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-10-13
re as follows 4:
Coleman Benedict's closing quotations are


Messrs A. X. Stevenson Son invite the attention of
investors to The ls mortgage per cent goa Dous O
teed by the Alabama which they now offering
and accrued interest in currency The road extends
from Mont gomery to Decatur and has lana Rrat OF
100000 from the state, when Is covered oy
The FACE Fire Insurance Company of this city has
cared semiannual dividend OF 10 per cent payable on
demand.
unanimously elected by the stockholders Of the
Western Union Telegraph COMPANY, today -, D.-.,
aoq Of Ezra Gne Of ,ioSa Horace C 81
william Dodge Harrison Durtee Of New J. Alden
Si y lf oE 4 rsro Of ros james H. Hove Of Senoa
Wilson g HuS Of NeT1o GeSr.e Jones Of New Or Cam5n
Edwards sanford Of Brooklyn Augustus Scne Of New
JOHN seward Of SsrYor Moses Of SeWYort Daniel Torrance
Sewiok George Walker Of Springfield, Mac Edward b. Wesley
on the LIST July, 1870, this Company possessed alO9
miles Of poles and 112,l91 miles OF wire, against 5000
miles Of poles and Oija miles OF wire Mt the same time
ast year, being increase OF 1910 miles OF poles, ana
increase Of 52 offices and S3 sets OF Geographic ap
paratus The gross recei pts or the year ending July l.
s7sSO a. or q per The gross expenditures for the
year ending July l. 1870, s490172 Az do 1862 g.
number Of messages transmitted during the
year q per cent more than for the preceding year
The net profits for the ending July !, 1862 were
457 49, do for 1870 1865 So being decrease Of
s57J49 "a, or 20 per cent. From October 1869 when
tie receipts we're s3273 less and the expenditures
Se6G9 Is more than for the same months OF the
OF $4l923 H. Thus, - per cent of the decrease in the
earnings for the year occurred in the first seven
months after the reduction in the tolls. or this decrease
in the earnings S20O322 IS occurred during the
months Of January and February alone, being IS per
for the After the reduction Of
the in October OF last year. the receipts did
up those OF corresponding month ia the
month OF the preceding year by $,755 In July, 1870,
the receipts exceeded the same month in 1869
by $500 S. In August, 1870, the receipts exceeded
the month of the preceding year by Al24 81. As
the cost of performing increased amount Of traffic
increased in certain proportion with the service the
any corresponding month OF the preceding year until
July, VIXEN they were OF the same month for
1869 by $2l sl 3d. In August 1870 the net earnings were
S2lS64 being sliS7 SO better than in 1863 From Oct
1862 when the rates reduced 10 March lSi0-iye
mOnths-the net earnings were SS47,S79 70. From
March 1870, to August 1870 five mOnths) the net
ings Sgi6S63 65 being increase of SOS g 81
tnue for the next year the net earnings would amount
10 6i09 ST. which, added u the amounts saved by the
adjustment Of the national tax, would make tie net
ings the year ending July 1871 S. 400 81. We may,
better results than these the bus
mess for the fve months from October 10 March l. is
August /. Thus from October l. 1868, to March 1862
the net earnings s20j6i 90, and from March /,
1863 TO Aug. l. 1862 81 032l2 showing that the Autumn
and Winter months for 1868 and 1869 $7540 % bet
better than the Spring and Summer months OF while
for the present year the Spring and Summer
months 1888 % better than the preceding
and Winter months. The average rates Of tolls
the entire volume Of business done for the end
ing July l. 1870 was 20 per cent less than for the year
ending July 1869 The average expense OF transmission
per for the year ending July l. 1870 IL 2lO
per cent less than for the year ending July 1862