Show Profits of Telephone Trust New YorkThe annual report 01 President Vail of tho American Telephone Tele-phone Telegraph company shows profits of 23479000 against 17 857000 last year Mr Vail speaks of tho vast ramifications of the present pres-ent system saying that It Is national in character with millions of subscribers sub-scribers connected by millions of miles of circuits with local exchange systems nil bound Into ono large comprehensive system embracing 1 dC4000 miles of wire Tho report speaks favorably of public control |