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Show A MAMMOTH CORPORATION, j I Tho Western Union Telegraph Company is one of the mrt giHnuc nrponttions in the United .S:.li'S, with the exception of a few of the leading railroads. According to its l?t r.-port tho eapiul stock is $ (1 ,- 073, 110 of which the company own.- , and has now in iu trea.-ury $ r 735, leaving an outstanding capital of : j:!:'" '''. The bonded debt if $.Vj-ii;,0u0, of which sum $1,448,900 is in 7 per cent, currency bonds, which will mature Nov. 1st, 1S7.J. and $1,41000 in 7 per cent, gold lionds duo in 1002. Tne company has no floating debt. The receipts for the year from all sonrcoj were ?0.2o2,6"3.0S, and I be expeusis 7"o.7.'i33, ehowing a net profit ol $2,. 500 ,020.1 The company has added to its property durimt the year, 5.S7S miles olpoles, and21,2o4 miles of wire, and at the close of tin-year tin-year the company opera oJ 71,58-5 miles ot line, 17",13o miles of wire and 0,1 SS oilices. The net profit- for the eight ypara ending June ;-0th, li?74, were $22,S39,53S.0o Of tint Bum there has been distributed in dividends to stockholders $.5,532, 810. 34. The Wf-iuess ot the cable belonging belong-ing to the company is reported to have been satisfactory. Tug money transfer business of the company lain been miceeesful. The new building o.' the company in New York will bo completed and ready for occupation at Christmaa. The number of messages transmitted during the hst liscal yuar wa 0,32y,2-5tJT at an average cost for each message ol about 55 cents. A machine has been invented by which two messages can be sent in the same direction and two others can be sent in an opposite direction simultaneously on the same wire. This invention iB now performing betwi en New York and Boston an amount of work on one wire equal to the capacity of four wires worked with the Morse apparatus. Why can't this great corporation give the people the benefit of the wonderful improvements in telegraphy tele-graphy by reducing their toll, bo that the electricity of heaven can be used by everybody. Instead of a tarifl of twenty cents a word from Salt i Lake City to Chicago, tho rate should not exceed five centa a word for an ordinary message of ten words. In the East the public have the benefit of half rat-id for night dispatches this reduction should be extended to the Pacific coast. Tho telegraph i will yet compete and beat the mails in carrying a majority of the busi-1 ness messages of the world; and if the young ladies should consent to i submit their love letters to the wires, there would probably be less nonsenee written than there is at present. j |