| Show MAKES ANNUAL REPORT i OF HEll BELL PHONE NE WORK President p Fish Tells Taus of Operations Operations Opera Opera- of During owing the Last Year Y ear I 1 fish Iteli In iii the lie t I annual report rO of the time American merlean Telephone Telephone Tele Tele- phone ami and Telegraph company which I th that lint t the Issued shows show's has haM just b cp Hell companies ha had u- u total of 3 U telf ink Phone stations In Iii the tho of or the your year eaf United States ut ht tin till fiul end a stations at nt th tin the 1000 lOOt as cis against In use for fot- There here weir close of exchange anti anil toll service Oj mili miles of wire of which lG lH miles millS were wen added du during lh time tho year ar these n figures not nol Including tho the mileage of wire operated operated oper oper- I sub sub licensee companies In ate by br companies handled bandied a a. ll the tho dally Il d. average acra f of or connections or at the Ito rate of about 1 cc 00 f J per year being GI Cl for fOI each man woman and child chilli lit In the United States There expended b by the Bell companies in tho the United States for 01 new con construction Including ex exchanges ex cx- changes toll lines hues land latH anti and HI buildings bu tidings 1 9 AlIJ its us against t K JG In 1 llO 03 I limo Tho grand gran II total of expenditures s upon the properties during the sovet sO years beginning b with 1 1200 1000 has hns been 9 S n I uC of l gIllIe eti c During burins the year car the Dell Uell companies offset the tho dept dp In the tho United States State c- c which would otherwise have lIa taken place paco In the value of the lines line and and equipment by b expending i for maintenance and renewal ul of plant This expenditure W was Independent of ot that for 01 new construction lit H wax wa made from the earnings of or lie properties properties prop prop- and was WUl charged chare to expense The report states that thai as a n result of this expenditure the lie plant Is In a a. better bet t tel ter con condition than ever ever before and 1 could not now no nobe be for fOl less SH than IjO In excess of tats cost The Tho Hell companies particularly In tho rho last year have built for or the future fu future futuro fu- fu ture turo as far ar as was consistent nt with sound economy In line with this policy polIcy pol pol- icy Is the Increased use of ot cables upon polo 1110 lines JInes made possible by b Improvements Improve meats ments In the cables and securing In Increased Increased In- In creased cup capacity lessened tl Interruption of service and amt decreased e expense The Thc extent to tu which h. th h companies have hu thus built for th h fu future tore ture Is la shown by the tire fact that 2500 I 1 l. l UW I. J are art now In c Invested td In his circuits m nl mcable cubic cable that thit a an arc fl not In U use l' l at 11 present |