Salt Lake Tribune | 1908-10-15 | Page 3 | Decrease in Business of the Western Union

DECREASE IN BUSINESS OF THE WES'lERN UNION NEW YORK, Oct. 14. Paul Morton and Robert M. Gallawav wore elected directors of tho Western Union Telegraph Tele-graph company to succeed the late Morris Mor-ris K. .Tcsbup and John D. Layng, The other directors were re-elected." The annual report of tho Western Union for tho year ended Juno 30 shows revenues of $2S,5S2,212, a decrease de-crease from tho previous vcar of $4.-(274,194; $4.-(274,194; total expenses, $25,179,215, a decrease of $1,352,981. leaving a deficit for the year of $43,S25, after tho payment pay-ment of dividends and interest on bonds. In the previous year there was a surplus of $30,053. President Clowry said in his report that the number of messages decreased 12,433,264 during the depression and strike last year, but there were now many indications of improvement in the business.