Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-07-21

foVth Of the country bu, IN nntici-
patiuu and adyauo. OF such growth
President Field viii continue az the
bead % The Mountain states Tel q.
uhouc ana Telegraph company. which
win be- further Differed as follows.
President. T. " Field
Vice Prcsilca. and Treasurer Edw
10 Field. Ir
Secretary, j. D. Macdonald
General Auditor EOdcrlok Reid
General Manager j. VI Burgess
some knowledge ul The ROCKY
Mountain BELL company may prove
timely % has generally been con.
cedcd 20 have been lacking IN hnaa.
nial strength ioI number OF years.
and therefore was unable 10 provide
Tor extensions by he sale Ct rs treas
Iry stock An extremely optimistic
management built exchanges and toll
lines considerably IN excess OF divi.
deud earning capacity and since divi-
dends which would attract sufficient
unds to provide additions ana better.
ments were not forth coming, the
company has been lo,ced to borrow
the money needed Tor It's growth. aud
tnc only market tor stock has been Ia
thc ncighnolnood Ot sixty cents on
the dollar
The debt has reached figure some
hing like Sis and 20 half millions ol
dollars hut DO Us understood that in
assuming fhia debt The Mountain
states Tolpphou, DUd Telegraph com.
panN expects lu uud IL In stock go q
considerably lower figure By doins
lhs. aud .u PURCHASING the property
rom tHe stockholders at an cQuiqhlc
value 10 would seem that The Noun.
tain states Telephone and Telegraph
company viii have uo difficulty IN
making 'h,s portion OF iis property
earn dividends equal tu those hereto.
lore enjoyed hy he stockholders of
The Colorado Telegraph company
and The Tri-State Telephone and
rclcuaph company
Several prominent stockholders m
The Rocky Mountain Bell Telephone
company have expressed themselves
lay0rahly uE The terms at the sale
said one OF them Better 10 have o
sixty dollar investment paying a
steady incuM, than % hundred dollar
investment whose greatest earning
capacity merely allowed 4. to nav in.
tcIs un Iis debts
in an interview given TO the Assoc.
ciatvd prn.s u Denver Yesterday
President Field said iu part
This merger rs in no sense he for
nation o. trust or monopoly as u1
competing properties are included u
s merely hC natural ouJcum, oi uur
experience OF the Jnsl Two years with
Inv Tai Stale Telephone and Tclc.
graph company For many wears there
UJs distinct line %, d.mWCauou u
The conduct col tll lines of business bo.
Ncrn Colorado and New Mexico lhl
Arizona frontier oJ hCrdv.laud. 10
Hnu please across which mj luuc
ftuJC Flowed Our own Affairs grDH-
farllcuIuu, susceptible tu uis. nii
We finally solved our difficult. lr giy.
tug IN, Colorado Trlrpnou, company
and Tho U.iStato company Joint
pHHaLUWpuf whereby tho need of rp
Two communities were viewed Zee
common Ihr results were rCnJ.s.
able, t1o n0ntio. disappear" almost
hy magic So that if was lou ,htI %
iDlui ownership Wus equally "sicgl
business men O; AN ot these moIu.
ain states are daily UlNng nv0sr
ments "a Denver Sa!f Lake. rnHo.
Helena Ru'-o Albuquerque. Las We
ras, Roswell, Risbcc. Douglas and
other yilos, thus making nNDs,l
Telephone system connecting them
together commercial necessity
The new company viii Cpoptc Us
exchange and Toll lines iu Utah Wyo.
ming, Montana. idaho Eastern Art.
IONA, NcW MeXico and Colorado
There is q strong INTERPRETATION OF
business IN this great territory w.
cover aad wo hope to meet the tele-
phone need. and requirements OF this
vast area, which covers some GEO 900
square miles, or nearly ono-siXth of
The total area OF the United states,
moro intellisrntly ana more oXtou.
siyeiy than We could expect 10 do
with three separate corporal lons We
already count 10000 subscribers sta.
lions, and / expect to see This number
doubled within Ave years To do this
viii require large sums of money. ami
iC get such sums We mus mi'kot a
safe. stable and conservative stock
This We expect To- do / wish 10 call
attention 90 The fact mat me ISSUED