Richmond Palladium (Daily), Volume 38, Number 112, 21 March 1913 — Page 10
THE RICHMOND PAULADIU3I AND SUN-TELEGRA3I, FRIDAY,3IARCH 21, 1913. VAIL MAKES REPORT Of! BELL TELEPHONE President's Annual Report Shows Greatest Year for A. T. & T. Company. MARKET SATURDAY The ladies aid society of the First English Lutheran church will hold an A BLINDING SNOWSTORM IN CHICAGO ing snowstorm accompanied by a stiff gale and traffic in tills vicinity was demoralized. Wires to the east were paralyzed while those in all other directions were badly crippled. Useless. "Dear. oh. dear." sighed Mr. Sallowday, wish I knew some good way to acquire an appetite. Noaaenser exclaimed his wife, "An appetite would only give you more dyspepsia.' Philadelphia Press. BLACK VERY LOW TROY. N. Y March 21. The condition of ex-governor Frank S. Black was critical today. He was still unconscious and it was feared that the end was not far off. TODAY IS FIRST DAY-OF SPRING 1 Easter market Saturday afternoon at (National News Association) CHICAGO, March 21. A sleet storm early today was converted into a blind Today, officially, is the first day of spring and, by a coincidence, Good Friday also. According to believers in the so-called "sign," today Is the day to plant potatoes in order to make them thrive well. The ground hog's sentence was up several days ago and he did not miss his prediction very much. Yesterday's weather was decidedly spring-like, the farmers are busy arranging their spring work. the Market House: The public is Invited to attend. Palladium Want Ads Pay. WILL SPEND BIG SUM
IAG TEN.
Destructive Action From the Government's Investigation Not Expected.
Although there are few Bell telephones In Richmond, the greatest year the Bell system has had Is described in tho annual report of the American Telephone and Telegraph company for 1912, issued yesterday. The gross revenue for ,the year of the Bell system was $199,200,000, an increase of near $20,000,000 over 1911. The net profits available for dividends were greater than the year before by $4,705,888 in the total sum of $42,681,325. The surplus earnings were $13,221,110, as compared with ! $12,008,561 the year before. These figures Include the results of ,the entire Bell system, but not the 'Western Union or the Western Electric companies. The Increase in dividend payments was $3,493,339 in the total of $29,460,212 paid. The number of stations in the Bell system at the end of the year was 7,456,074, an increase of 823,449. The ktoll lines of the system now reach 70,000 places, as compared with 65,000 poBt offices in the country and about 25,000 telegraph stations. The traffic for the year, not including connecting companies, averaged daily toll 'connections of 738,000 and of exchange 'connections about 25,572,000, as compared with corresponding figures in 1911 of 645,000 and 23,484,000. The record of the American Telephone and Telegraph company for the ,year was an advance over that of 1911. Net earnings were $37,907,644, an increase of $4,606,398. The amount available for dividends, $32,062,945, is equivalent to 9.57 per cent earned on $334,806,375 capital stock, as compared with 8.64 per cent earned on
$320,949,709 the year before. Of the
surplus for the year, amounting to $6,-
047,357, there was carried to reserves
$2,800,000. President Vail . says in his report: "As to the future of the company, it was never brighter. Business indications are normal, oar relations with the public and with, the public authorities on a mutally satisfactory basis. A very carefully appraisal conducted by the engineers of the physical property of the Bell system as of August 1 last showed that while the book cost was $736,000,000 the cost of reproduction at that date would have been. $797,000,000. "It is estimated that about $62,000,000 will be required for current ad ditions to the plant in 1913, of whicf amount some $30,000,000 will be pro vided by the existing and current re sources of the companies." In describing the Government's rela tions with the company concerning if status under the anti-trust law th' president's report submits the corre spondence of Attorney-General Wicl--ersham turning the matter over to th' Interstate Commerce Commission fc Investigation last January. Presiden' Vail says: "The policy of the company, as ir the past, will be to co-operate with th
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examiners conducting this investigation and to aid public officials in every possible way in their effort to ascertain the real facts respecting the telephone service of the United States. "It is impossible and would be improper to attempt to forecast the action of the Interstate Commerce Commission, but judging by the past record of that body we can but expect that it will be constructive rather than destructive."
WIN
Y, M, C. 11, FIVE
FROM HAGERSTOWN
By the score of 38 to 19, the senior Y. M. C. A. basketball team won from the Hagerstown Independents on the association gymnasium last evening. Both sides fought hard during the first half, which ended by the score of 15 to 12 in favor of the local team. The Hagerstown team was accompanied to this city by about seventy-five rooters. Roy Horton refereed the contest. The Hagerstown team won two games from the "Y" team on the Hagerstown floor during the first part of the season. Jones played the best -game for the Richmond aggregation, throwing seven field goals and three foul goals. Weller played a good game for Hagerstown, dropping four field goals into the baskets. Richmond was awarded one point on account of a foul. Lineup and Summary: Richmond Hagerstown Forward Pilgrim, Mayer Bryson Forward Jones Weller Center Duning Abel Guard Brown Shinn Guard Field goals Hagerstown: Bryson 2, Weller 4, Abel 1. Richmond: Pilgrim 1, Jones 7, Mayer 3, Duning 4, Brown 1. Foul goals Hagerstown: Bryson 1, Shinn 4. Richmond: Jones 3, Mayer 1, Bryson 1.
The Plus Sign
to Progress Is frequently a change from an indigestible breakfast to a simple dish of Grape-Ms and cream. Add a soft boiled egg and a cup of Postum, if you please, and you will be well nourished for a hard morning's work. Grape-Nuts food is particularly rich in brain-making, muscle-building nutrition the true meat of the wheat and barley grains. Trial proves ' "There's a Reason"
Grocers everywhere sell Grape-Nuts.
For Sale
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t car, in ime snape. a narJ gain if sold at once.
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117 S. 121R St, City I
j ft ,j, $ ,. ft ,, ,. ,, ft ,j, $ g, ,. $ , ,t.
Cold Easter Weather Watch Your Supply of Coal We have just received an extra fine lot of fresh mined We can patch out your supply on shorf; notice. MATHER BROTHERS CO.
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Is causSn reat comment amon folks of fashion
(D oils a.2ndl IProHy Iljre,
Never Was Variety So Vast and Price Range So Extensive Fine, Blew ReadytoWear Section
Floor, HSids You Welcome. We've never had so many Fashionable Garments that contain so many surprises. This remarkable showing of Fine Tailored Suits, Beautifully Tailored Coats and Handsome Lingerie, Silk and Tub Dresses. Come, note their prices and you'll wonder how such genuinely good materials, workmanship and style can be embodied in garments at their prices. . . . . '
Women's and Misses' Suits at $10.00 to $50.00 Women's and Misses' Coats at $5.98 to $30.00 Women's and Misses Lingerie Dresses .$2.98 to $25.00
Women's and Misses Silk Dresses at $5.98 to $25.00 Women's and Misses' Tub Dresses at $1.00 to $15.00 Easter Special $4.50 Messaline Waists, newest Spring models . . $2.79
Dainty Lingerie Waists, lace and embroidery trimmed $1.00 $3.00 Messaline Petticoats, close fitting effects $1.98 WE GUARANTEE All garments sold tomorrow that require altering will be delivered for Easter wearing.
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AO
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Beautiful Easter Fashions
Ladies Spring Suits $15 to $30 Ladies Spring Dresses $10 to $20
Ladies' Coats . $8 to $20 Men's Easter and Spring Suits $10, $15, $20
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CcDinmpaimy
533 Main Street OPEN EVENINGS
