Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-02-24
Presents Reports and Elects Off.
GERS for the Ensuing Year.
BUSINESS GROWN RAPIDLY.
Work 10 be Done This Year Reaches
An Aggregate OF s203, i05 Past
Improvements.

The annual meeting Of the Rocky
Mountain Bell Telephone company was
held this morning, at the general Of
fees, The following directors were
elected Alonzo Burt Of Kansas City,
Charles W. clark Of Butte, r. p. Fish,
OF Boston, George NJ, Downey n. c.
Hill. James Ivers. Thomas Marshall,
w, $. Mccormick, George Y. Wallace.
The directors then chose the following
officers, President George Y. Wallace;
vice president, Mai Downey treasurer,
w S, Mccormick; secretary, II. c. Hill;
assistant treasurer, john Flowers, as
sistant secretary and general manager,
d. 5. Murray The official reoprts Of
fered showed very satisfactory con-
diuon OF affairs. The recommendation
Of the general nanager as to the work
TO be done during the current year, and
which appeared in the News some
time ago, were approved and accepted.
These include these expenditures FOR
new toll lines and new exchanges, IN
Utah. Si9,5i5 IN Montana, SjS,tg0, IN
Idaho s2SOIO; In Wyoming, yl22,OOO;
total, $263, f05.
The improvements for 1902 cost S5l2,-
7l0.Tf, OF which $3.50, 1889 was for toll
line construction, and SlS,4JS.S2 for un-
derground construction. There were
strung 2S3j miles of additional toll line
wire, and 1905 new exchange subscrlb-
ers added The total revenue for the
year amounted to S7OI0JS37, and the
expenditures amounted 70 $5l5,254S1,
the expense OF maintenance being $20f,-
1918. The maintenance report says.
''To explain some Of the extraordinary
additional charges 70 maintenance In
1902, We replaced The old switchboard in
Salt Lake City, which cost US between
SIS 000 and $50 1000. by new common
battery board. and this necessltated the
changing Of an OF the subscribers sta
tons. The actual cost OF the old swith.
board In salt Lake city was charged
or. and also one-half OF the cost OF
the old bells. Il Is hoped that the old
bells we may be able TO use at 0ne-half
their original cost. We now have COM
mon battery boards Ia our four larg-
est exchanges Lake city. Utah;
Butte, Mont; ogden, Utah, and Boise
City Ida"
President Wallace remarks In his re-
port:
I'VE know OF no reason why we
should not continue 20 grow as the
country settles, and there Is a demand
for new exchanges and new toll lines,
resulting IN placing every inhabitant,
who is an exchange subscriber, IN the
four great states Of our territory In d.
rect telephone communication with ey-
cry other subscriber, by means OF our
exchanges and toll lines radiating In
every direction throughout Idaho, Mon
tana. Utah and Wyoming In fact our
territory viii become one great tele-
phone exchange OF more than 100000
square miles
The following report In Che form OF
q comparative table shows the steady
growth Of the company during The past
year.
Number of exchanges-lsol, IS; 1902,
Is.
Number OF subscrlbers-l9ol, siO5;
1902 1871.
Miles of pole toll ines-lsol, $3.50;
1902 4T5.
Miles OF toll line wire -ls0l, 1852;
1902 1887.
Issued stock-isolstoooOoo; 1902, s2.-
200 600.
Dividends paid-l90l, per cent. 1909.
6 per cent
Gross receipts-lSol, S522.9s4l7; 1909,
N0'O72S7.
Total expcnses-is0l. 3i7nGS1; 1902,
S5l5.25LS5
Net revenue-ls0i, sl755sLco; 1909.
Slgi, Si9.02.