Show I WESTERN WESTERN UNION CO LISTS 1923 PROFIT NEW EW l YORK TOnIC March 27 Open OpEr Oper Operating ding revenues of ot the Western company for 1912 Union Telegraph 1931 totaled exceeded only by those of ot 1920 a year ot of unprecedented unprecedented co dented general pro prosperity the annual report stated Wednesday operating expenses Including taxes were 97 9 An appropriation appropriation tion of ot 2000 was made for tor development of ot ocean ocen cables whIch with Interest payments on the com corn company's pany's pan bonds left a 0 balance trans trails transferred to the surplus account of ot After pa payment ment ot of nearly in dividends sur- sur surplus plug Bur plus at the tho end of ot 1923 totaled an Increase of ot nearly 5 over the tho year before l New comb Carlton Cariton president em- em emphasized em emphasised that land line and nd cable messages were handled for tor the tho government by the company In n 1923 at loss than the tho cot cost ot of operations and at less the tho corresponding q could have yielded at commercial rat rate The new now cable to Italy laly he be said probably would be ready tor for oper- oper operation op r atlon by fall 00 |