Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-30
GLr-EDGE STOCK
For Outside Towns Especially.


When the Philadelphia Company began
paving its stockholders per cent monthly
dividends it was looked upon as a most ex-
traordinary thing, and so it was. And yet
there are now to be had, right here in our
midst, franchises and investments far sur
passing the Philadelphia Company in its
| palmiest days. Take the Bell Telephone
| Company as an instance It has paid its
stockholders SO in actual profits for every
81 the Philadelphia Company has paid, and
this Notwithstanding its rates in many
nearby towns are only S., S4 and So so per
month. But the stock which promises better
even than the Bell Company, and sure to be
more enduring, is the new WEST PENN
SHARER TELEPHONE COMPANY, recently
organized here in Pittsburg with offices in
the Hamilton Building. Every town and
village can have its own central station and
exchange, costing not over s., 900 to $40, 900
! for franchise, exchange and all COM
| plete, turned over to the company of
| local stockholders ready for work-the
latter sum for such cities as
McKeesport, Altoona, Erie, Wheeling and
cities Of like character-towns of less impor
tance at less cost-but all with the undoubted
assurance of from to 40 per cent actual
net income, on a rental of not over 50 90 per
month, as against s. so to 81 90 per month
other phones on the New York Elevated
Railroads, and also many here in Pittsburg.
As a gilt-edged local investment-one on
which you can keep your hand, and in which
you and your neighbors are interested as
against all rival interests-there is really
nothing now before the financial world
-hich compares with it. 1t is not some new,
untried scheme or wildcat venture, but
genuine proved success, entirely free from
entanglements or infringements of any kind.
Capitalists of this city and surrounding
cities and towns should give this matter i'm
mediate attention, as the chance to form a
company in each of the principal towns of
Pennsylvania, Ohio and West Virginia will
not hang long in the market. 1t is really
too good thing. The sale of single or
private lines is alone worth the cost of the
franchise. To illustrate: Take any of the
principal towns in Westmoreland county,
at, say 5000 capital, how easy it would be
to get five men to invest 81 900 each, or ten
men $500 each; or five men, $500, and ten men
or women $3.50 each, or any other subdivision.
ANY ordinary town through one or two of
its leading men could form a company in a
weeks time-even 30 phones in such
town would Weld fully 15 to 18 per cent; 100
phones from % to 80 per cent, and so on in
increasing proportion-and this at only 81
per month for a better service than anything
now offered the public. 1t will pay in
vestors, and active, wideawake business
men and the promoters of all helpful, use
full improvements in every town hereabouts
to look into this matter, and especially the
public men, mayors, magistrates, and county,
town and borough officers to have exchanges,
stations and private lines erected in their
several towns for the safety of the COM
munity in case of fire, riot and other such
uses, as well as the more general commercial,
business and social uses. Every public
spirited citizen should feel an interest in
the matter in his own town, and call the at
tention of the proper public men and busi-
ness and financial men of his community to
the importance and necessity of introducing
the Share Telephone System into their town
and county. Summer and fall are the seasons
best suited for erecting lines. 1t would
therefore be wise to call upon or write to
the West Penn Sharer Telephone Company
at once for full particulars, estimates, etc.
Their principal Offices are in the Hamilton
Building, Pittsburg.