New-York tribune., 1876-11-24
FURTHER TELEGRAPHIC REDUCTION.
NEW SCHEDULE OF RATES BY THE ATLANTIC AN
PACIFIC COMPANY

NEW SCHEDULE OF RATES BY THE ATLANTIC AND
PACIFIC COMPANY.
A new arrangement for fixing telegraphic
rates has been adopted by the Atlantic and Pacific Tee
graph Company, go into effect Dec l, by which the
rates in many still further reduced The terri
tory the United States Of the Missouri River and
including Omaha Neb which is reached by the lines OF
the company is divided into four sections. The first
section includes the New-Engand States, New
York City, Brooklyn, and Long Island, between
any two points in which the rate for tenwotd message
will be % cents The second section embraces NewlorK
State, except above mentioned, pennsylvania DeIa
ware Maryland District of Columbia, Northern Virginia,
and portion of West Virginia.; the third, Ohio, Indiana
Michigan, part of West Virginia, and Northern Ken
tucky; the fourth Illinois, Iowa, Wisconsin, Minnesota,
and Missouri. The highest rate between any two
points in each OF the second, third, or fourth
sections. and between any point within sec
ton l aud another point within section
q will be so cents Between any point in section and
another In section 3, the highest rats will he 20 cents
In like manner the highest charge between points IN
and A. or and H. 81 Between any two points in each
State the tariff will not exceed 40 cents and between any
two points within 100 miles, air line distance pt mas
heretofore been % miles, the rate VIII be 70 cents
The company, i'll circular also denies that 1t e" s not
earning current working expenses, ana states taI
has "issued bonds and free from debt except O
construction material now in process OF erection al Oh
which will paid by its net assets, outside OF s
ownership Of stock" " that il has more than S365OOOo
of s own authorized canta stock in its treasury and
owns more than threefths OF the entire capital stock OF
the Franklin Telegraph Company " that rs prepared
10 continue policy OF seeking 10 perform well largo
of business at the lowest possible rates ana mas
accordingly adopted the comprehensive schedule OF
tariffs announced" IL also states that II has proved
itself the only effective competitor that mas been
ness the United States 1t is largely owned by busi
throughout the country, who have Subscribed
for and purchased its shares for the purpose OF build
ing up and maintaining such competition IN the now IN
diSpensabe business of teegrapnng as alone VIII secure
the public equitable rates aud recognition OF neeos
The Atlantic and Pacific Telegraph Company mas WITHIN
the present year made reduction IN It's rates through
out the country from New England to California, o. fOn
20 TO 90 per cent, and the Western Union Telegraph
COMPANY its only rival has been thereby compelled 10
make the same reductions" The circular says that
"The managers OF the Western Union Company claim
that their has also been increased ana their
revenue fully maintained under the reduced rates M
augurated by the Atlantic and Pacific Company III TINS
be true. the wisdom of the policy which forced ther
adoption in spite OF the protests and OppOsOh OF the
Western Union Company Is beyond question"