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Organized 1873.

This company operates 23 miles of wire, 8 miles of which is leased from the Western Union Telegraph Company; 31⁄2 miles of wire is sub-marine cable.

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Capital stock: Common $10,000.00, consisting of 200 shares of

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Western Union Telegraph Company.

Organized April 1, 1851.

Total number of miles operated, entire line.....

Total number of miles operated, in Ohio.....

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1,359,430

65,867

23,853

1,340

2,148

Amount of capital stock: Common, $100,000,000.00, consisting of 1,000,000 shares of $100.00 each.

Amount of capital stock issued, $99,817,100.00.
Amount of funded debt outstanding, $38,645,000.00.

Gross earnings year ending June 30, 1908.....
Operating expenses year ending June 30, 1908..
Net earnings

Deductions from net earnings:

Rentals

Net income over operating expenses and rentals.
Dividends paid on stock....

Dividends paid on stock:

Two dividends at 14 per cent. each on full stock

$28,582,212 09

23,633,033 46

4,949,178 63

1,546,181 87

3,402,996 76

4,161,671 50

in scrip and stock....

2,447,100 00

Two dividends in cash, one at 14 per cent. and one at

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