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Show W. U. T. Busliiesg. New York, 10. The Express Bays the executive committee of the Weslern Union telegraph directors met to-day and recommended the usual quarterly dividend of 1J per cent. This was a disappointment to those speculators who expected a stock dividend and the prices dropped r.fl hut BiihnpniiRnllp adviim-wl n'Hnn it was reported that the surplus by April let would be $540,000, a gain o!$2421000 since January lat; that the company ws negotiating contracts with the Erie, Pennsylvania and Baltimore and Ohio roads which would preclude these companies from Coing into telegraph the business and that the capital stock would be raised to $50,000,000 aud 6 per cent, divi-deuds divi-deuds paid thereon at eoon as this could bo done without inviting hostile legislation on the part of cougrees. j i |