Special Reprint-Printed for the Chicago Telephone Company Report on the Cost of Telephone Service by the Chicago Telephone Company for the Year Ending March 31, 1910, Under Ordinance of November 6, 1907, by D. C. and William B. Jackson, Engineers, and Arthur Young & Company, Certified Public Accountants. Reprinted from the Journal of the Proceedings of the City Council of May 9, 1910, pages 102 to 139, inclusive. FRANCIS D. CONNERY City Clerk Transportation Library 102 COMMUNICATIONS, ETC. May 9, 1910. CITY COMPTROLLER. t n. Clerk presented the following communication submitted by the City Comp- TOIIer: DEPARTMENT OF FINANCE, * CHICAGo, May 9, 1910. To the Honorable, the Mayor and Aldermen, in City Council Assembled: GENTIEMEN-In accordance with Section 7 of the ordinance granting privileges to the Chicago Telephone Company passed by the City Council November 6, 1907, we beg to submit a report by D. C. and W. B. Jackson, engineers, and Arthur Young & Company, certified public accountants, submitting figures of the cost of telephone service for the year ending March 31, 1910. Yours respectfully, (Signed) WALTER H. WILSON, Comptroller. W Ald. Pringle moved that the said report submitted with the foregoing communi- cation be printed in the Journal and referred to the Committee on Gas, Oil and Electric Light, and that the City Clerk be authorized and directed to have five thou- sand copies of the said report printed in pamphlet form. The motion prevailed. The said report reads as follows: REPORT To the Honorable City Comptroller of the City of Chicago submitting figures on the cost of telephone service for the year ending March 31, 1910, under ordinance of November 6, 1907, by D. C. & Wm. B. Jackson, engineers and Arthur Young & Company, certified public accountants. To the Honorable Walter H. Wilson, Comptroller of the City of Chicago: DEAR SIR-Under the powers to regulate rates granted to the city as contained in the telephone ordinance of November 6, 1907, you requested us to outline a plan of accounting whereby the cost of furnishing each class of telephone service provided by the Chicago Telephone Company would be determined. This we did in our report to you of December 30, 1908. In due course, thereafter, you directed us to proceed to put into effect the recommended accounting system and to make report to you of the results attained. We now beg to submit the following statements appended hereto, showing the result of the operations of the company in Chicago by classes of service for the year ending March 31, 1910: A. Comparative statement by classes of service showing for each the gross revenue, gross expenses, net revenue or loss, and the totals covering the operations as a whole. This statement also shows the result by classes and as a whole after deducting 5 per cent interest on the bonds outstanding and 8 per cent. dividend on the capital stock, which dividend has been regu- larly declared and paid by the company. The statement also shows for each class of service the average investment in property and working capi- tal, the average number of stations or trunks and the total messages handled for the year. B. A statement showing the details of the investment in property apportioned to each class of service. C. A statement for each class of service showing the details of the expense figures submitted in the foregoing statement “A”. Before proceeding to the consideration of the results attained, it seems advisable to state at least briefly the method of apportioning the investment in property and the expenses of operation among the various classes of service, all of which is laid down in detail in our report to you of December 30, 1908. There are two principal elements which go to determine the cost of furnishing telephone service: 1. The investment in property. 2. The expenses of operating the property. May 9, 1910. COMMUNICATIONS, ETC. 103 In making the apportionment of these elements among the various classes of service, the principle was borne in mind that a part of the investment is required ...to get ready to serve a subscriber irrespective of the use he makes of the service, and that a part is created in proportion to the use or traffic made by the sub- scriber. So that, if the average investment required to get ready to serve a sub-. scriber is not the same for all classes of service (which it is not), it is obvious that the proportions of interest, taxes, depreciation, etc., etc., which concern the cost of preparing to give service will differ for different classes. Also, if the traffic (that is, the use of the telephones) per subscriber in certain classes differs largely, from the use in other classes, the proportions of the investment, operating expense and maintenance made necessary on account of traffic will differ for the different classes of service, as will also the interest, taxes, depreciation, etc., which are incident to that part of the investment. º As the traffic, therefore, is a factor in apportioning part of the investment among the classes of service we shall explain how the traffic figures were arrived at. For the measured rate classes of service and the nickel prepayment classes, the actual messages billed or paid for were taken from the records of the company. For the classes who pay a fixed annual rental regardless of their traffic, such as the business and residence flat rate classes, and the commuted rate class of service paying $365 a year for an unlimited service circuit associated with a private branch exchange switchboard, observations were taken by a corps of men, furnished by the telephone company under our direction, of the traffic over groups of these lines at different exchanges. These observations were taken over a sufficient length of time and of a sufficient number of groups of subscribers in the different exchanges to assure us that the average calling rates arrived at were representative and would fairly indicate the amount of traffic originated in these different classes of service. In apportioning the investment as before indicated it was necessary to schedule the plant in sufficient detail to set against each class its appropriate investment; first, the part necessary to be ready to give service, such as the subscriber's station equipment, his circuit to the exchange, etc., and, second, the part necessary in order to render the service, i. e., to make connections with the other subscribers, for ex- ample, the central office switchboard multiples and the connecting trunks between exchanges, the extent of which is measured by the traffic. Part one was based on the unit cost of a standard substation equipment taking into account the special apparatus that existed in certain classes and the unit cost of the average subscriber’s circuit, and so on. Part two was apportioned to the various classes broadly on the basis of the traffic of each class. A short outline of our method of verifying the existing plant is as follows: The telephone company made up schedules of their different kinds of plant from the plant records which were used by them in the regular operation of their plant, and placed both the schedules and the original, plant records at our service. To determine whether the schedules of plant as prepared by the telephone company from their plant records fairly showed the actual plant in existence, we first checked the plant records with the plant as it was found in the field, arranging so that the parts checked were well distributed over the entire territory served by the company, except that all of the central office switchboards were checked, as they alone represent over a quarter of the total investment of the company, and we then checked the plant records with the schedules. These checks showed that the plant as shown in the schedules fairly represents the plant actually in use by the telephone company. To determine the value of the plant as represented by the schedules, careful estimates of the costs of the plant were made, based upon the telephone company’s construction costs as shown by their books, and these costs were checked, so far as practicable, by cost figures obtained from our own experience. In the case of land and buildings we have taken the figures found on the books of the telephone company to represent their value. The value of the land has presumably not decreased during the past few years and the cost of building con- struction has materially increased, so that the book values probably represent no more than the reasonable present investment in land and buildings if the original purchases were made judiciously. This can be fully determined only by an actual appraisal of the property. * 104. COMMUNICATIONS, ETC. May 9, 1910. The company’s figures used were of June 30, 1909, and the total investment by the telephone company for the plant in the City of Chicago is estimated in this manner to amount to a little over $22,330,000. The estimates of the value of the different parts of the property, when finally brought together into a total, were close to the total obtained from the auditor's books and in general the division of the plant between the different kinds of plant was fairly represented by the auditor’s figures. The estimates may be accepted as being reasonably close to the actual invest- ment which has been required to build up this property. Consequently, as no de- tailed inventory and appraisal of the company’s property was made, it was decided by your representatives in conference with the officials of the telephone company to retain the divisions of investment between the different parts of the plant in accordance with the auditor's statement. The value of the plant as represented by the auditor’s books on June 30, 1909, having been verified, and the auditor's accounts of the company having been audited by us for the year, we have accepted the auditor's figures for the investment as of March 31, 1909, September 30, 1909, and December 31, 1909, and from the investment figures for the four quarters, arrived at the average investment for the year ending March 31, 1910, namely, $23,250,166.15. With the investment in property for each class and the traffic for each class, the expenses of operating the property and providing service were apportioned to the various classes as follows: The expenses appropriate to the investment required to get ready to serve, such as maintenance of subscribers’ circuits and depreciation thereon, were apportioned to the classes of service on the basis of the corresponding readiness-to-serve investment for each class. The expenses appropriate to traffic, such as maintenance of connecting trunks and depreciation thereon, operators' wages and other expenses in the exchanges, etc., were apportioned to the classes of service on the basis of the respective traffic for each class. Peculiar expenses appropriate to particular classes were treated as close to the facts as possible. For example, the collecting and auditing of prepaid nickel revenue went directly against those classes, and removing subscribers’ stations was set against the classes in which the stations moved belonged. The expenses of the company in operating the property and in furnishing ser- vice, which have been applied to the various classes of service in the foregoing manner, are the expenses actually incurred by the company as recorded on their accounts and records. These have been verified by us with the paid vouchers and other relative papers and were incurred as stated. The charge for depreciation of property included in the expenses is based on the depreciation rate table laid down by the Special Telephone Commission which reported to the city upon telephone matters in April, 1907. The matter is considered on pages 71, 72 and 73 of the report of the Special Telephone Commission as it was published by the city for the use of those who were interested in the matter of telephone rate revision in 1907. We find that the percentages therein given are conservative and well considered and believe them to be as satisfactory figures as can be obtained. In their report the Special Telephone Commission make the following concise statement regarding the matter of depreciation: “It is well understood that operating plant is limited in life, and (however well ordinary repairs have been kept up) after a period of years the generally worn out condition of the equipment or the advance of the art makes a substitution of new equipment desirable and economical. The expense of this substitution which does not increase the gross earning capacity cannot be fairly charged to capital account, but should be defrayed out of a suitably supported depreciation fund which has been gradually accumulated out of the earnings during the life of the equipment, and which, at the end of the life period, has become equal to the first cost of the original equipment diminished by the amount of any “scrap” value or salvage which may be obtained from the discarded equipment. Interest accretions will add to the amount as the fund grows, and the annual sum set aside out of the earnings should be adjusted with this in view. Three per cent is a conservative rate of interest to set as the minimum which ought to be accepted on the moneys of a trust fund, within which category this depreciation fund belongs, and our table is computed on the basis of that percentage. A higher rate of interest would May 9, 1910. COMMUNICATIONS, ETC. 105 obviously decrease the size of the annual contributions to the fund which must be made from earnings, but it is not safe to count upon a higher rate of interest being procurable for a trust fund. “The rate at which the telephone art is advancing, and the delicacy of the apparatus used, make it a matter of particular importance for a telephone company to establish a proper depreciation fund. Depreciation is distinct from maintenance, which latter includes current repairs that are required to keep the plant in first- rate working order as long as it is economically workable at all. “When dealing with reconstruction we have tried to arrive at the best judg- ment of the effect of future street and park improvements on the existing plant of the Chicago Telephone Company; and we have given due consideration to the fact that the telephone conduit and cable equipment in the heart of the city is likely to be soon disturbed by the construction of street railway subways.” The actual amount expended by the company on reconstruction and replace- ments for the year was $622,296. In place of this amount we have added to the expense of operating the property and spread against the various classes of service (including toll and miscellaneous), in the statements herewith, the amount of $1,578,922.20, being the depreciation for the year computed on the basis of the depreciation rate table compiled by the Special Telephone Commission, as already referred to. These figures show that the initial investment is still largely fulfilling the work required of it. This is clearly indicated by the tremendous growth in the business of the company in recent years, a comparison of the company’s total telephone stations in the City of Chicago exclusive of neighborhood rate telephones for the last ten years being as follows: August, 1899. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,013 August, 1900. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,187 August, 1901. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32,728 August, 1902. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,118 August, 1903. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68,508 August, 1904. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82,217 August, 1905. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96,260 August, 1906. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115,427 August, 1907. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138,328 August, 1908. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161,886 August, 1909. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 183,345 It is thus seen that the number of telephones served by the company has more than doubled during the last four years and has increased over tenfold in the last ten years. Therefore, a large part of the plant has been recently installed and compara- tively little of the plant has yet begun to cost the company anything on account of depreciation, and up to the present time there has been no cost on account of reconstruction occasioned by the construction of street railway subways; but these costs are just as real as the costs for operators or maintenance of plant, and it is just as important for the life of the company and the continued quality of its service that these are cared for, although the effect is not so immediately apparent. These costs should be taken care of by a depreciation and reconstruction fund, as they are not appropriate charges to capital account, and the funds for such costs should be built up by an annual appropriation for such purposes, notwithstanding that the expenditures must usually be made in large units, so that the depreciation and reconstruction funds are likely to grow at times to considerable proportions before the expenditures are needed. There are a number of telephones in Chicago for which no charge is made or upon which there are concessions from the standard rates. These comprise stations or trunks used by the Chicago Telephone Company which numbered 1,148 on De- cember 31, 1909; stations or trunks used by the City of Chicago and the Chicago Board of Education which numbered 1,163 on December 31, 1909; and stations or trunks used by Cook County which numbered 398 on December 31, 1909. These telephones are all of standard type and are normally associated with some one of the regular classes of service. The expense for providing the free service should be carried proportionately by all of the classes of service and we have therefore 106 COMMUNICATIONS, ETC. May 9, 1910. eliminated the free telephones from our tables and distributed the expense incident to them amongst the different classes of service in accordance with the total expenses of the different classes. Where concessions have been made from the standard rates for telephone service, a proportional part of the telephones are eliminated from our tables and the corresponding expenses distributed to the different classes of service on the basis of the total expenses of the classes. There are a small number of mileage extension lines used to give private connections between private branch exchange switchboards. These lines are somewhat different from the ordinary mileage extension lines, and, are designated as “tie lines” by the company, although they are charged for under the ordinance at the same rate as the mileage extension lines. These lines have what may be thought of as the equivalent of a subscriber’s station equipment at each end of the line in the form of equipment at the private branch exchange switchboards. It is therefore seen that they should be charged with a greater amount of expense than the ordinary mileage extension lines which merely extend from one point in the city to another point in the city, and require no additional cost such as a telephone instrument or space on a switchboard. As there are so few “tie lines” we have not made them a special class in our accounting, but it is probable that in readjusting the rates of telephone service, the charge for these lines should be adjusted to take into account the relatively greater expense incident to them as compared with the ordinary mileage extension lines. Following we give a summary of the results shown in Table A after adding to the cost of service the 5 per cent interest on the bonds outstanding and 8 per cent dividend on the capital stock (which dividend has been regularly declared and paid by the company)— Revenue un- der Ordinance Rates per Cost per Station Station Net Revenue. Class or Trunk. or Trunk. Over. Short. O 1 F . . . . . . . . . . . . . . . . . . . . . . $124.361 $149.52 . . . . . . . . . . $ 247,928.47 2 M12, M72, M60. . . . . . . . . . . . . 75.915 64.35 $ 90,667.56 . . . . . . . . . . . . 3 M12, M72, M60, P. B. X. . . . 149.458 151.04 . . . . . . . . . 3,558.89 4 M C, P. B. X. . . . . . . . . . . . . . 361.496 517.800 . . . . . . . . . 196,786.39 5 M60, P. B. X. . . . . . . . . . . . . . 165,515 208.970 . . . . . . . . . 2,781.15 6 e e s e e º e º e º a e s is tº e º e º se e 24.169 35.994 . . . . . . . . . 43,812.60 ML Messages . . . . . . . . . . . . . . * * * * * * * & is e º e s is tº e º 'º g g º º º 1,948.50 Hotels and Department stores 193.020 201.875 . . . . . . . . . 6,003.74 7 RF . . . . . . . . . . . . . . . . . . . . . . 71.803 90.515 . . . . . . . . . 59,504.88 8 2RF . . . . . . . . . . . . . . . . . . . . . . 55.459 71.988 . . . . . . . . . 81,981.84 9 DN . . . . . . . . . . . . . . . . . . . . . . 174.938 137.425 65,273.38 . . . . . . . . . . . . 10 PN . . . . . . . . . . . . . . . . . . . . . . 182.461 115.646 18,374.17 . . . . . . . . . . . . 11 N . . . . . . . . . . . . . . . . . . . . . . . 116.583 76.142 138,348.57 . . . . . . . . . . . . 12 2N . . . . . . . . . . . . . . . . . . . . . . 54.966 46.978 166,539.19 . . . . . . . . . . . . 13 2RN . . . . . . . . . . . . . . . . . . . . . 39.297 42.294 . . . . . . . . . 9,233.03 14 4.N. . . . . . . . . . . . . . . . . . . . . . . 22.772 28.641 . . . . . . . . . 428,063.95 15 Terminals and Extensions. . . 5.989 8.059 . . . . . . . . . 118,825.98 N 1 B . . . . . . . . . . . . . . . . . . . . . . . . 47.628 96.947 . . . . . . . . . 31,169.38 2 2B . . . . . . . . . . . . . . . . . . . . . . 36.532 66.126 . . . . . . . . . 5,918.78 3 4B . . . . . . . . . . . . . . . . . . . . . . 23.607 42.740 . . . . . . . . . 24,661.84 4 R . . . . . . . . . . . . . . . . . . . . . . . . 34.833 86.445 . . . . . . . . . 13,832.07 5 2R . . . . . . . . . . . . . . . . . . . . . . . 24.233 60.095 . . . . . . . . . 17,106.23 6 4R . . . . . . . . . . . . . . . . . . . . . . 17.775 40.222 . . . . . . . . . 150,528.37 7 5c Trunked Calls . . . . . . . . . . . . . . . . tº tº e º e º ºs 21,052.06 . . . . . . . . . . . . S 1 Mileage Extension Lines. . . . 34,816.78 . . . . . . . . . ... 2 Private Lines . . . . . . . . . . . . . . 40.86 . . . . . . . . . . . . $535,112.57 $1,443,646.09 Deficit . . 535,112.57 $908,533.52 g e is a tº tº a tº * * s a tº tº s & e s e g tº e g º º $ tº e º e s s tº e º tº º ºr e g May 9, 1910. COMMUNICATIONS, ETC. 107 This amount is subject to a deduction representing the interest earned on the unexpended portion of the funds received from the sale of bonds, which we estimate amounts to not more than $75,000. Following we give a summary of the results shown in Table A before adding to the cost of service in each class any return to the company on the capital invested: Revenue un- der Ordinance ſ Rates per Cost per Station Station Net Revenue. Class. or Trunk. or Trunk. Over. Short. C 1 F . . . . . . . . . . . . . . . . . . . . . . $124.361 $123.07.0 $ 12,718.48 . . . . . . . . . . . . 2 M12, M72, M60 . . . . . . . . . . 75.915 49.508 207,110.06 . . . . . . . . . . . . 3 M12, M72, M60, P. B. X.. 149.458 121.416 63,066.35 . . . . . . . . . . . . 4 M C, P. B. X. . . . . . . . . . . . 361.496 423.796 . . . . . . . . . $ 78,438.59 5 M60, P. B. X. . . . . . . . . . . . 165.515 169.887 . . . . . . . . . 279.80 6 ML . . . . . . . . . . . . . . . . . . . . 24.169 24.168 4.27 . . . . . . . . . . . . ML Messages . . . . . . . . . . . a sº a tº sº e º * * * * * * * 9,228.03 . . . . . . . . . . . . Hotels & Department Stores 193.020 164.181 19,552.83 . . . . . . . . . . . . 7 RF . . . . . . . . . . . . . . . . . . . . 71.803 72.285 . . . . . . . . . 1,533.75 8 2RF . . . . . . . . . . . . . . . . . . . . 55.459 58.343 . . . . . . . . . 14,307.15 9 DN . . . . . . . . . . . . . . . . . . . . 174.938 112.476 108,684.03 . . . . . . . . . . . . 10 PN . . . . . . . . . . . . . . . . . . . . 182.46].' 94.483 24,194.11 . . . . . . . . . . . . 11 N . . . . . . . . . . . . . . . . . . . . . 116.583 58.856 197,485.07 . . . . . . . . . . . . 12 2N . . . . . . . . . . . . . . . . . . . . 54,966 36.583 383,254.32 . . . . . . . . . . . . 13 2B.N. . . . . . . . . . . . . . . . . . . 39.297 32.914 19,664.91 . . . . . . . . . . . . 14 4.N. . . . . . . . . . . . . . . . . . . . . 22.772 22.750 1,545.05 . . . . . . . . . . . . 15 Terminals and Extensions. 5.989 6.645 . . . . . . . . . 37,612.64 N 1 B . . . . . . . . . . . . . . . . . . . . . 47.628 71.451 . . . . . . . . . 15,055.97 2 2B . . . . . . . . . . . . . . . . . . . . 36.532 49.460 . . . . . . . . . 2,585.59 3 4B . . . . . . . . . . . . . . . . . . . . . 23.607 32.906 . . . . . . . . . 11,986.65 4. R. . . . . . . . . . . . . . . . . . . . . . . 34.833 61.854 . . . . . . . . . 7,241.45 5 2R . . . . . . . . . . . . . . . . . . . . 24.233 43.724 . . . . . . . . . 9,297.01 6 4.R . . . . . . . . . . . . . . . . . . . . 17.775 30.465 . . . . . . . . . 85,100.93 7 5c Trunked Calls . . . . . . . . tº e º 'º e * tº º 29,828.25 . . . . . . . . . . . . S 1 Mileage Extension Lines. . 74,198.48 . . . . . . . . . . . . 2 Private Lines . . . . . . . . . . . . 3,890.28 . . . . . . . . . . . . $1,154,424.52 $263,439.53 263,439.53 Surplus, available to pay interest on bonds and dividends on capital stock being. $ 890,984.99 3.83% per cent on the investment. The total expense to the telephone company for supplying the service throughout the city during the year ending March 31, 1910, excluding any return to the com- pany on the investment, was . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,973,785.58 The total revenue from this service under the rates prescribed by the city ordinance, was . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,864,770.57 Showing a surplus of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 890,984.99 as representing the return to the company on the capital invested. This amounts to 3.83 per cent upon the investment in property used in the city telephone service including working capital. Assuming as the return on the investment the 5 per cent interest on the city proportion of bonds outstanding and the 8 per cent dividend on the city proportion of capital stock (which return figures at 7.74 per cent on the total investment in property used in the city telephone service including working capital) we find the following result: 108 COMMUNICATIONS, ETC. May 9, 1910. Surplus of revenue over expense before adding to expense any return on the investment, as above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 890,984.99 Deduct: 5 per cent interest on city proportion of bonds outstanding . . . . . . . . . . . . . . . . $ 186,672.05 8 per cent dividend on city proportion of capital stock . . . . . . . . . . . . . . . . . . . . 1,612,846.46 — 1,799,518.51 Making a deficit of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 908,533.52 This amount is subject to a deduction representing the interest earned on the unexpended portion of the funds received from the sale of bonds, which we estimate amounts to not more than $75,000. The above figures of interest on bonds and dividend on capital stock, which are applicable to the business within the city (excluding toll business), were computed on the basis of the bonds and capital stock apportioned to each division as follows: Capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $27,000,000.00 Apportioned between the property within the city and the property outside the city on basis of the respective book values for each, namely: Chicago . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,057,786.00 Exchange . . . . . . . . . . . . . $20,149,359.00 Toll, etc. . . . . . . . . . . . . . 908,427.00 Suburban . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,942,214.00 $27,000,000.00 Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,000,000.00 *-*mºnº Apportioned between the property within the city and the prop- erty outside the city on basis of the respective book values for each, namely: Chicago . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,899,590.00 Exchange . . . . . . . . . . . . $ 3,731,363.00 º Toll, etc. . . . . . . . . . . . . . 168,227.00 Suburban . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,100,410.00 $ 5,000,000.00 The proportions applicable to toll business within the city have been eliminated in spreading to the various classes of service within the city. The apportionment of the capital stock and the bonds outstanding to the exchange property within the city compares as follows: Capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20,149,359.00 Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,731,363.00 $23,880,722.00 Investment in exchange property within the city as per Table B. . . . . . 23,250,166.00 Difference between securities now outstanding and average investment for year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $630,556.00 It is pointed out that the investment in property within the city at the close of the year under report, viz., 31 March, 1910, exceeded the above average amount, and also that there was a large sum of cash, on hand over and above work- ing capital, being part of the proceeds of the sale 'of bonds. These amounts are more than the above difference. - The figures, including Tables A, B and C, show that although the company has many millions of dollars invested in property in the City of Chicago, which is gradually depreciating, but has not yet reached the condition when it must be s May 9, 1910. * COMMUNICATIONS, ETC. 109A STATEMENT SHOWING THE REVENUE AND EXPENSEs, ETC., FOR EACH CLASS OF SERVICE FOR THE YEAR ENDING MARCH 31, 1910 TABLE A. - § | . t; # . .e. 02 - . ## tº . o, & sää 5 * § 3;# Net Revenue After & "3 #; § g # # © +2 O2 gº 3: Ég 㺠$ | Deducting Interest Class|| Chicago Telephone Company Symbol. ### #### – # ză 23. #: #: =# gää _ 33 #53 and Dividends. ###| ###5 | # ÉÉ # #####| # #####| | ######|. rº. 6.9 , C. Q) 3 * : B & º # #5 #5 5: ### § 5 § à | #H###| || 85 à à 5. 35 Ö º Ö G C) 5"; B: \ C 1 | F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 171,469.58 || $ 1,001,264.18 |............. $ 579,649.47 |# 989,537.45 $ 820,867.08 |* 99,702.02 || $15,214.86 $ 9,705.30 $ 76,844.79 || $124,792.66 $ 3,888,547.74 C 1 2 || M12, M72, M60 .............................. | 180,791.01 808,151.82 |............. 101,381.20 251,635.85 81,797.84 46,786.55 8,869.22 4,561.17 84,090.84 || 89,915.89 1,497,978.89 2 8 || M12, M72, M60........ P.B.Y................ 187,848.77 227,013.86 || $ 21,310.12 108,902.63 | 188,418.92 59,684.52 | 26,289.18 2,820.63 2,568.00 | 19,412.78 28,028.40 862,292.80 8. 4 MC .................... P.B.Y................ 405,647.85 187,425.02 || 46,141.61 | 201,514.95 | 407,598.65 | 182,128.46 || 45,762.78 6,266.90 4,455.55 | 84,079,45 54,894.06 | 1,589,815.27 4. 5 | M60 . . . . . . . . . . . . . . . . . . .P.B.Y................ 7,680.61 6,458.20 859.81 4,491.75 7,532.07 2,416.47 978.28 112.83 96.84 714.33 | 1,108.20 32,424,87 5 6 ML . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,401.90 885,166.41 6,752.81 |............... 48,169.87 15,650.23 | 18,158.82 740.47 1,770.14 | 12,853.55 9,124.09 557,787.79 t 6 6 || ML Messages ........... e c e º e º 'º - e º ºs e e º 'º e º 'º tº e 41,843.65 |. . . . . . . . . . . . . . . . . 4,748.96 28,464.88 42,438.04 13,855.88 4,270.19 654,23 416.59 8,257.94 6,159.86 146,109.71 8 Hotels and department stores ........... 82,640.90 67,160.98 8,462.44 43,600.50 74,690.41 22,817.87 9,956.89 || 1,148.73 987.86 7,546.77 || 11,445.83 881,458.19 || Hotels and Dept.s. 7 | RF . . . . . . . . . . . tº e º 'º º º º e º e º tº e º 'º - e º ºs e º 'º e º sº e º e º s is e e 54,935.71 828,828.47 |............. 81,850.49 | 168,154.61 58,116.78 22,940.08 2,508.88 2,228.82 | 16,936.02 || 23,600.45 749,500,26 7 8 || 2BF ........... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79,619.66 852,844.26 |............. 105,191.69 194,494.29 63,266.92 || 26,620.48 2,989.52 2,598.51 19,792.02 || 29,781.02 877,137.19 8. 9 DN ...................... e e e º 'º e s tº $ tº e º 0 tº 0 tº e a tº 8 tº 95,670.26 175,667.12 |............. 70,528.32 127,140.21 41,164.98 17,055.07 1,953.80 1,659.21 12,738.21 20,124.67 583,701.84 9 10 | PN ............................................ 9,614.98 27,780.21 |. . . . . . . . . . . . . 8,872.86 16,710.64 5,426.14 2,288.28 257.12 223.26 1,702.74 2,669,35 75,545.09 10. 11 | N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79,984.00 369,160.78 |.......... ... 62,119,79 188,797.98 44,996.55 23,639.60 2,134.10 | 2,299.48 || 17,860.12 || 20,714.19 761,206,54 ll 12 | 2N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.17,559.51 | 1,442,632.17 |............. 169,179.20 | 895,694.5% 128,360.25 | 87,966.83 6,087.67 8,560.69 | 68,611.14 || 78,459.19 2,792,111.17 12 18 2RN ................. a s e º e s e e º e º e º a 0 e º º º a, º 0 tº a 9 º' 61,700.23 202,933.15 |. . . . . . . . . . . . . 15,694.90 44,832.66 14,538.41 || 11,824.77 688,55 1,150.44 8,489.58 || 10,438.59 372,291.29 18 14 4N ---------------------....... . . . . . . . . . . . . . . . . 1,502,576.25 2,486,637.48 |.............| 218,053.5s | 688,280.02 206,816.92 || 176,092.14 || 9,785.87 || 17,155.18 125,858.58 || 170,548.48 5,550,008.92 14 15 | Terminals and extensions .................. 964,985.85 l................l....... • , , , , , , , , , , , , , , , , , , , , , | * * * * * * * * * * * * * * | * * * * * * * * * * * * * * * 84,784.11 |............ 8,878.83 28,839.43 89,144.48 1,056,077.20 15 N i ! B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,901.52 157,457.25 |.............l............... 14,987.41 7,225.51 || 6,680.01 229,68 644.65 || 4,741.97 || 4,650.94 206,418.94 N 1 2 2B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,108.05 81,997.86 I.............l............... 2,764.22 1,335.99 1,876.82 42.51 184.18 978.15 1,017.06 42,754.84 2 8 I 4B ........ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,292.65 109,070.67 |.............l............... 12,608.01 6,104.20 5,201.97 193.92 504.81 3,739.39 4,872.13 168,087.76 8. 4 || R. ................................. e e e º e º e º & 6 & 8 & 4,207,88 66,894.86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,320.14 2,089.01 2,742.79 66.42 266.83 1,938,65 1,706.95 84,288.02 4 5 2R . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,479.19 77,206.88 |. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,825.54 2,882.59 3,254.69 74.26 816.97 2,294.92 2,146,56 99,981,60 5. 6 || 4R. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . º e º e e º e e º e 110,570.72 583,320.76 |............ tº e tº e º 'º e º ºs tº e º E tº ſº 50,960.82 24,649.81 || 27,089.17 783.57 2,684.59 || 19,257.42 21,036.71 840,802.59 6 7 || 5c trunked calls . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63,611.03 28,445.24 11,150.91 8,847.89 487.81 325,66 2,575.70 4,830.81 114,224.05 7 S 1 | Extension lines ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 468,078.85 |.............|............... . . . . . . . . . . . . . . . . . © tº e º 'º e º 'º 9 tº º tº . 16,837.02 . . . . . . . . . . . . 1,640.02 || 11,576.78 6,035.88 499,168.05 S 1 2 | Private lines ............. tº e - © tº tº e e º e º e º e º e º e º e 7,380.05 87,884.82 |... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,645.69 |............ 160.36 1,181.07 860.06 49,061.54 2 Total ..................................] $4,507,890.76 || $ 9,540,729.06 || $ 88,275.75 || $1,912,396.17 |$8,840,981.02 || $1,262,792.22 || $728,091.97 || $59,060.05 || $ 70,436.44 $527,461.84 || $717,050.88 || $28,250,166.15 Toll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e i e º e º e º e º e º e º s e 478,812.90 |.............l............... 89,221.67 849,936.82 20,687.60 |............ 2,008.95 22,650.79 82,158.69 994,926.98 Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,582.59 |............ © e º ºs e º ºs e º e o ºs e º ºs e e º ºs e º & tº e º 'º º tº º te & © tº e º 'º º © e º gº e º e . 1,866.49 |... . . . . . . . . . 133.10 939.66 790.43 40,812.27 Grand Total .....................|34,507,890.76 || $10,056,624.55 $ 88,275.75 $1,912,896.17 |$8,930,202.69 || $1,612,728.54 $745,096.06 || $59,060.05 || $ 72,578.49 || $551,052.29 || $750,000.00 $24,285,905.85 May 9, 1910. COMMUNICATIONS, ETC. 109 replaced by new apparatus, yet they are unable, from the income received from the service which they render by means of that property, to pay returns on their invest- ment of a little less than 8 per cent, namely, 7.74 per cent, and set aside a reason- able sum toward the renewal of this apparatus when it becomes worn out or obsolete and for meeting the reconstruction expenses which will be imposed when the street railway subways are built. In other words, with the rates that are now in force, the company will reach a time when it will be impossible for it to provide the city adequate service on account of lack of funds to replace worn out or obsolete ap- paratus. It is also to be observed that the classes of service paid for at a fixed rate per year, without count of messages (including the commuted trunk circuits of the private branch exchanges), are uniformly unremunerative and in most instances do not pay for the current annual expenses and depreciation without any provision for return on the investment. Respectfully submitted, (Signed) ARTHUR YOUNG & Co., D. C. & WM. B. JACKSON. Chicago, Illinois, May 9, 1910. 110 COMMUNICATIONS, ETC. May 9, 1910. TABLE C. statements Showing Cost for Each Class of Service for Year Ending 31 March, 1910. *-*- CLASS CI—F. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 9,854. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $408,287.08 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 30,510,56 Exchange supplies and expenses . . . . . . . . . . . . . . . . . 56,338.34 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . * 383.44 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,172.27 . Expense of collecting and auditing . . . . . . . . . . . . . . . . . . . 12,495.15 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,904.14 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 3,337.95 |Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,326.66 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,134.02 $ 554,889.6] Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 24,429.87 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56,364.91 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 104,368.70 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,804.72 191,968.20 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,345.66 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228,416.72 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . $ 60,874.63 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 294.24 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,294.92 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44,531.47 Three per cent. compensation to city . . . . . . . . . . . . . . . . 38,740.17 Cost of free telephone service to the city, etc. . . . . . . . . 1,992.96 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65,385.47 * 221,113.86 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,212,734.05 Per station or trunk . . . . . . . e e º e º e o e º e s $ 123.07 Add: Interest on bonds outstanding. . . . . . . $ 27,038.07 Eight per cent. dividend on capital stock... 233,608.88 260,646.95 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,473,381.00 Per station or trunk . . . . . . . . . . . . . . . . . . $ 149.52 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ^e- 1,225,452.53 Per station or trunk . . . . . . . . . . . . . . . . . . . . . e º 'º - - - - - - $ 124.36 z Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 247,928.47 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25.16 * ------ Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71,305,853 May 9, 1910. COMMUNICATIONS, ETC. 111 * Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .0170075 IExpense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 020663 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . .0171859 Investment (including working capital) . . . . . . . . . . . . . 3,388,547.74 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . 343.875 CLASS C2—M12, M72, M60. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 7,843. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 69,527.23 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 5,112.53 Exchange supplies and expenses . . . . . . . . . . . . . . . . 9,625.42 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 63.59 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,650.10 Expense of collecting and auditing . . . . . . . . . . . . . . . . . * 16,016.14 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,544.42 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 2,669.92 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,762.29 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137.08 $ 115,108.72 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 18,336.84 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,213.80 Central, office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,611.90 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,060.83 84,223.37 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,761.74 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96,414.58 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,651.01 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 164.55 Insurance . . . . . . . . . . . . . . . . . . : - - - - - - - - - - - - - - - - - - - - - 2,596.95 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,900.56 Three per cent. compensation to city . . . . . . . . . . . . . . . 18,819.42 Cost of free telephone service to the city, etc. . . . . . . . . . .*2,767.87 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,419.46 79,784.08 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 388,292.49 Per station or trunk . . . . . . . . . . . . . . . . . . $ 49.508 Add: Interest on bonds outstanding... tº ſº tº & tº 8 $ 12,079.10 Eight per cent. dividend on capital stock... 104,363.40 116,442.50 Total . . . . . . . . & e º e º e º e s e º e e s e e e s e º s e e s e s is e e $ 504,734.99 Per station or trunk . . . . . . . . . . . . . . . . . . $ 64.355 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 595,402.55 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 75.915 Revenue—Over . . . . . . . . . . . . . . . . . . . . . ‘. . . . . . . . . . . . . . . $ 90,667.56 * NoTE.—Figures in italics represent deductions or deficits. 112 COMMUNICATIONS, ETC. May 9, 1910. Per station or trunk & © e º º e º is s a g º e º e º ºs e º 'º e s a e º º e s & ‘. . $ 11.56 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,227,138 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . 031756 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .04.1280 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . .048695 Investment (including working capital) . . . . . . . . . . . . . 1,497,978.89 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 190.996 CLASS C3—M12, M72, M60, P. B. X. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—2,249. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . * - - - - - - - - - - - $ 71,282.50 Other exchange employes. . . . . . . . . . . . . . . . . . . . . . . . 5,176.63 Exchange supplies and expenses . . . . . . . . . . . . . . . . . . 9,883.41 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 63.37 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,780.77 Expense of collecting and auditing . . . . . . . . . . . . . . . . . . 2,249.25 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 431.15 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 207.45 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,345.66 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118.36 $ 94,538.55 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $ 24,499.61 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,111.96 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 19,363.40 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,365.89 - 58,340.86 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 376.68 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65,692. 52 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . $ 13,647.23 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 62.87 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,805.44 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,375.61 Three per cent. compensation to city. . . . . . . . . . . . . . . . 10,622.33 Cost of free telephone service to the city, etc. . . . . . . . . . 1,809.35 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,794.06 \ 54,116.89 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 273,065.50 Per station or trunk . . . . . . . . . . . . . . . . . . $ 121.416 Add: Interest on bonds outstanding . . . . . . . . . . . $ 6,911.33 Eight per cent. dividend on capital stock... 59,713.91 66,625.24 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 339,690.74 Per station or trunk . . . . . . . . . . . . . . . . . . . $ 151.04 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 336,131.85 May 9, 1910. COMMUNICATIONS, ETC. 113 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 149.458 Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,558.89 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.582 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,528,229 ºw-ºº-º-º-º: Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 021796 Expense per message after adding interest and dividends . . s e e s e e º e º s e º c e s e º e º e º 'º º a e º e º e s e .027114 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . 0.26830 Investment (including working capital) . . . . . . . . . . . . . $ 862,292.80 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . ' 383. 412 CLASS C4—MC P. B. X. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—1,259. Operating— Exchange Operating— Operators' Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $184,356.61 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 13,806.87 Exchange supplies and expenses . . . . . . . . . . . . . . . . . 25,419.03 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . . 173.33 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,548.69 Expense of collecting and auditing . . . . . . . . . . . . . . . . . . 776.90 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 260.50 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . 125.79 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 273.73 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,061.51 $ 238,802.96 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . $ 52,292.56 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,757.97 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 42,925.20 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,890.50 111,866.23 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...” 233.00 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122,613.52 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . $ 28,755.97 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 82.11 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,880.11 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,220.51 Three per cent. compensation to city . . . . . . . . . . . . . . . . 14,387.24 Cost of free telephone service to the city, etc. . . . . . . . . . *16,223.59 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,940.67 60,043.02 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 533,558.73 Per station or trunk . . . . . . . . . . . . . . . . . . $ 423.796 Add: Interest on bonds outstanding . . . . . . . . . . $ 12,276.74 == Eight per cent. dividend on capital stock... 106,071.06 118,347.80 Total . . . . . . . . . . . . . . . . . . . . . . . . . . e e º e º e s e e º e e s tº e º e º O & $ 651,906.53 * NoTE.—Figures in italics represent deductions or deficits. 114 CoMMUNICATIONS, ETC. May 9, 1910. Per station or trunk . . . . . . . . . . . . . . . . . . . $ 517.800 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ‘. . . . . . . . . . . . . . . $ 455,120. 14 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 361.496 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 196,786. 39 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 156.304 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,961,498 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01.7808 Expense per message after adding interest and divi- dends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 021758 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . 015190 Investment (including working capital) . . . . . . . . . . . . . $1,536,815.27 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,220.719 CLASS C5—M60 P. B. X. cost OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 64. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,112.25 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 193.60 Exchange supplies and expenses . . . . . . . . . . . . . . . 442.81 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 2.04 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 182.52 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 31.67 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.38 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . . 5.97 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.62 $ 3,990.86 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 1,054.54 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 421.14 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 800.29 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47.92 2,323.89 Station removals . . . . . . . . . . . . . . . . . . . . . . . * - - - - - • • * * * * * * * * 21.41 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,514.08 Miscellaneous— & * Rental of instruments, etc. . . . . . . . . . . . .'•' < * - - - - - - - - - - $ 546.48 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 1.94 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72.15 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 425.92 Three per cent. compensation to city . . . . . . . . . . . . . . . . 334.75 Cost of free telephone service to the city, etc......... 73.60 General . . . . . . . . . . . . . . . . . . . . . . . . '• • * * * * * * * * * * * * * * * * 567.69 * 2,022.53 - - Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,872.77 Per station or trunk . . . . . . . . . . . . . . . . . . $ 169.887 May 9, 1910. COMMUNICATIONS, ETC. 115 { Add: Interest on bonds outstanding . . . . . . . . . . . $ 259.48 Eight per cent. dividend on capital stock.... 2,241.87 2,501.35 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 13,374. 12 Per station or trunk . . . . . . . . . . . . . . . . . . $ 208.970 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,592.97 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 165.515 — Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,781. 15 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 43.455 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 547,952 º Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 019842 Expense per message after adding interest and divi- dends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .024.407 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . .019332 Investment (including working capital) . . . . . . . . . . . . . $ 32,424.37 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . 506. 631 CLASS C6—ML P. B. X. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 3,705. Operating— Expense of collecting and auditing . . . . . . . . . . . . . . . . . . $ 821.09 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 730.61 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 351.98 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.01 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.37 $ 1,974.06 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 7,787.40 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,071.77 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,087.49 Buildings . . . . . . . . . . . . . . . . . * g º e º ºs º e º e º ſº e º 'º e º 'º ſº e º e 545.13 30,491.79 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 636.02 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,980.77 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,560.65 ' ' Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . 71.63 Insurance . . . . . . . . . • - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 598.26 Taxes . . . . . . . . . . . . * * * * * * * * * * g º ºs e g g g tº e º e º ºs e º e º is s º & 7,494.05 Three per cent. compensation to city . . . . . . . . . . . . . . 2,830.35 Cost of free telephone service to the city, etc. . . . . . . . . . *457.52 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,422.00 * 18,519.42 Total . . … $ 89,542.06 Per station or trunk . . . . . . . . . . . . . . . . . . $ 24.168 * NoTE.—Figures in italics represent deductions or deficits. 116 COMMUNICATIONS, ETC. May 9, 1910. Add: Interest on bonds outstanding . . . . . . . . . $ 4,545.32 Eight per cent. dividend on capital stock ... 39,271.55 43,816.87 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 133,358.93 Per station or trunk . . . . . . . . . . . . . . . . . . $ 35.994 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 89,546.33 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 24.169 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 43,812.60 , Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11.825 Investment (including working capital) ................ $ 557,787.79 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 150.550 CLASS C6—ML MESSAGES. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Operating— Exchange Operating— Operators' Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,554.05 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 1,438.53 Exchange supplies and expenses . . . . . . . . . . . . . . . . 2,704.55 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . * . . . 17.78 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,027.79 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 351.90 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31.62 $ 25,126.22 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ , 5,399.48 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . – 836.51 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . 4,485.23 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 290.39 11,011.61 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,883.22 Miscellaneous— & Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,995.29 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 5.84 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 398.34 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,906.66 Three per cent. compensation to city . . . . . . . . . . . . . . . . 2,161.54 Cost of free telephone service to the city, etc. . . . . . . . 416.83 General . . . . . . . . . . . . . . . . . . . . . . . . . . . * . . . . . . . . . . . . . 3,255.86 11,140.36 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 59,161.41 Add: Interest on bonds outstanding . . . . . . . . . . $ 1,159.39 Eight per cent. dividend on capital stock ... 10,017.14 11,176.53 & Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,337.94 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68,389.44 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,948.50 May 9, 1910. COMMUNICATIONS, ETC. 117 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,436,094 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .017217 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .020470 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . 019903 Investment (including working capital) . . . . . . . . . . . . 146,109.71 HOTELS AND DEPARTMENT STORES, ETC. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—678. Operating— Exchange Operating— º Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 30,458.89 i Other exchange employes. . . . . . . . . . . . . . . . . . . . . . . . 2,276.06 a Exchange supplies and expenses. . . . . . . . . . . . . . . . . 4,204.09 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 28.66 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,580.19 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . 1,771.80 * Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 129.64 * Advertising and canvassing. . . . . . . . . . . . . . . . . . . . . . . . . 62.57 * Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46.43 * $ 40,558.33 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $ 10,623.99 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,250.86 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 7,912.27 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 549.39 23,336.51 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112.44 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,664.70 Miscellaneous— - Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,552.13 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 21.92 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 726.24 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . * e º e º e º 'º - e. e. e. e. e. e. e. e. e. 4,364.66 Three per cent compensation to city. . . . . . . . . . . . . . . . . 4,137.37 Cost of free telephone service to the city, etc. . . . . . . . . . 777.70 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,062.41 21,642.43 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.11,314.41 Per station or trunk. . . . . . . . . . . . . . . . . . $ 164.181 Add: Interest on bonds outstanding. . . . . . . . . . . . $ 2,651.10 Eight per cent dividend on capital stock.... 22,905.47 25,556.57 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $ 136,870.98 Per station or trunk. . . . . . . . . . . . . . . . . . $ 201.875 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130,867.24 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 193.020 118 COMMUNICATIONS, ETC. May 9, 1910. Revenue—Short . . . . . . . . . . . . . . . . . . . * e = e s e e º e º e s e s a s e º a $ 6,003.74 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8.855 F Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,356,152 Expense per message before adding interest and === dividends . . . . . . . . . . . . . 2 s e s p s is a e e e s a e e º is e e $ . 020782 Expense per message after adding interest and , dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .025.554 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . .024.433 Investment (including working capital) . . . . . . . . . . . . . . 331,458. 19 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . 488. 876 CLASS C7—RF. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—3,180. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 65,719.54 Other exchange employes. . . . . . . . . . . . . . . . . . . . . . . . 4,746.15 Exchange Supplies and Expenses. . . . . . . . . . . . . . . . 9,140.52 Injuries and damages. . . . . . . . . . . . . . . . . . . . . . . . . . . 58.80 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,490.17 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . 4,131.62 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,266.40 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 1,094.15 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 378.43 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,611.01 $ 94,636.79 Maintenance-–Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . ......... $ 7,571.15 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,101.84 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,334.39 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,194.44 42,201.82 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . * - - - - - - - - - - - 4,255.75 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49,108.08 Miscellaneous— e Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,731.90 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 75.66 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,601.19 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,906. 39 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 7,217.45 Cost of free telephone service to the city, etc. . . . . . . . . . 1,645.76 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,485.81 39,664. 16 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 229,866.60 Per station or trunk . . . . . . . . . . . . . . . . . . $ 72.285 Add: Interest on bonds outstanding. . . . . . . . . . $ 6,013.60 Eight per cent dividend on capital stock. ... 51,957.53 57,971. 13 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 287,837.73 Per station or trunk . . . . . . . . . . . . . . . . . $ 90.515 May 9, 1910. COMMUNICATIONS, ETC. | 19 Revenue . . . . . . . . . . . . . . . . . . . .". . . . . . . . . . . . . . . . . . . . . . . . 228,332.85 Per station or trunk . . . . . . . . . . . . . . . . . . . & e s e e s e e s e e $ 71.803 Revenue—short e s a e s ∈ e º e o e s a e s is e s is s e s sº º s º e s a s a e s a e e º e 59,504.88 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 18.712 ==== Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,314,581 Expense per message before adding interest and === dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .020316 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .025440 Revenue per message. . . . . . . . . . . . . . . . . . . . . . . . . . .020180 Investment (including working capital) . . . . . . . . . . . . . . 749,500.26 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . 235. 692 CLASS C8—2RF. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 4,960. * Operating— § Exchange Operating— Operators' Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 84,391.79 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 6,159.29 Exchange supplies and expenses . . . . . . . . . . . . . . . 11,714.12 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 76.91 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,447.38 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 6,094.25 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,494.24 Advertising and canvassing. . . . . . . . . . . . . . . . . . . . . . . . 1,689.33 | Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 978.15 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,120.50 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Three per cent. compensation to city . . . . . . . . . . . . . . . . Cost of free telephone service to the city, etc. . . . . . . . . General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Per station or trunk dº e º is º e º e º ºs Add: Interest on bonds outstanding . . . . . . . . . . $ 7,020.20 Eight per cent. dividend on capital stock... 60,654.49 .* * * * * * * * * * * * * * * * * * * * * e e s • * * * * * * * * * $ 11,001.12 17,678.05 20,657.66 1,421.41 $ 14,601.02 85.31 1,902.87 11,566.54 8,695.74 2,050.96 12,541.67 $ 123,165.96 50,758.24 6,689.17 57,324.47 51,444. 11 $ 289,381.95 . . $ 58.343 67,674.69 $ 357,056.64 120 COMMUNICATIONS, ETC. May 9, 1910. Per station or trunk . . . . . . . . . . . . . . . . . . . $ 71.988 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 275,074.80 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 55.459 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 81,981.84 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 16.529 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,688,343 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .019701 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .024.309 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . .018727 Investment (including working capital) . . . . . . . . . . . . . 877,137. 19 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 176.842 CLASS C9—DN. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 1,740. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 57,570.85 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 4,279.95 Exchange supplies and expenses . . . . . . . . . . . . . . . . 7,950.50 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 53.51 Superintendence . . . . . . . . . . . . . . . © e s e e a c e s e e º s e 2,997.92 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 4,456.10 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,211.32 Advertising and canvassing. . . . . . . . . . . . . . . . . . . . . . . . 584.81 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I81.36 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,872.87 $ 82,159.19 Maintenance—Current Repair— Subscribers’ station equipment ..................... $ 12,641.38 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,198.56 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 13,397.01 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 945.69 36,182.64 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . © e º e º e º e º tº º c 446.05 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36,798. 11 Miscellaneous— Rental of instruments, etc. . . . . . . . . tº e º ſº e º 'º a tº e º gº tº gº º ſº e $ 9,765.99 Rental of wires, contacts, etc. . . . . . . . . tº e º e º e º ſº e > gº º º 46.00 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tº º ºs e º ſº tº e º 'º 1,241.41 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . tº e º e º e º ºs º º ge e º e º ºs e e 7,421.75 Three per cent. compensation to city . . . . . . . . . . . . . . . . . 9,623.09 Cost of free telephone service to the city, etc. . . . . . . . . 1,369.27 General . . . . . . . . . . . . . . . . . . . . tº dº e º & ſº º º º º tº is º º º ºs e º ºs º º is 10,654.61 40,122. 12 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 195,708. 11 Per station or trunk . . . . . . . . . . . . . . . . . . $ 112.476 May 9, 1910. COMMUNICATIONS, ETC. 12] Add: Interest on bonds outstanding . . . . . . . . . $ 4,503.18 Eight per cent. dividend on capital stock... 38,907.47 wºmmºmºmºmºmºmº 43,410.65 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 239,118.76 Per station or trunk . . . . . . . . . . . . . . . . . $ 137.425 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 304,392. 14 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 174.938 — Revenue—over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65,273.38 Per station or trunk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 37.513 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,119,203 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .019340 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 023630 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . & . 030080 Investment (including working capital) . . . . . . . . . . . . . . 563,701.84 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 323.967 CLASS C10—PN. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—275. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . * - - - - - - - - - - - - $ 6,261.31 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 454.48 Exchange supplies and expenses. . . . . . . . . . . . . . . . . 865.86 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 5.44 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 333.73 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . 2,145.23 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191.55 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 91.43 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57.59 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 293.24 * $ 10,699.86 Maintenance—Current Repair— * Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 1,286.90 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,408.31 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,748.83 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126.01 4,570.05 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141.46 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,930.19 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . e e º 'º º e $ 1,298.67 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 6.32 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163.40 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 993.85 Three per cent compensation to city . . . . . . . . . . . . . . . . 1,586.09 Cost of free telephone service to the city, etc. . . . . . . . . . 180.05 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,412.78 5,641.16 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25,982.72 122 COMMUNICATIONS, ETC. May 9, 1910. Per station or trunk . . . . . . . . . . . . . . . . . . $ 94.483 Add: Interest on bonds outstanding. . . . . . . . . . . . $ 603.73 Eight per cent dividends on capital stock.... 5,216.21 * 5,819.94 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 31,802.66 Per station or trunk . . . . . . . . . . . . . . . . . . $ 115.646 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 50,176.83. Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 182.461 Revenue—Over . . . . . . . . . . * c e s e e s e e s e s e s e e s e e s • * e. e. e. e. e. e. e. $ 18,374.17 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 66.815 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,097,627 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .023671. Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .028974. Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .045714. Investment (including working capital) . . . . . . . . . . . . . . . . 75,545.09 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 274. 709 CLASS C11—N. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—3,421. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 41,023.98 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 3,043.47 Exchange supplies and expenses. . . . . . . . . . . . . . . . . 5,670.13 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 38.12 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,138.25 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . . 10,267.78 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,544.99 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 1,231.25 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,158.71 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 909.75 Maintenance—Current Repair— Subscribers’ station equipment. . . . . . . . . . . . . . . . . . . . . . . $ 11,235.62 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,446.10 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 14,651.88 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,109.81 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,725.77 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 81.04 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,410.11 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,115.15 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 12,607.09 $ 69,026.43: 44,443.41 4,132.36: 49,257.99. May 9, 1910. COMMUNICATIONS, ETC. 123 Cost of free telephone service to the city, etc. . . . . . . . *12,177.07 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,723.76 34,485.85 Total . . . . . . . e, e s = e s e e e s = • * * * * * * * * * * * * * * * * $ 201,346.04 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 58.856 * Add: Interest on bonds outstanding. . . . . . . . . . . $ 6,134.49 Eight per cent dividend on capital stock.... 53,002.01 59,136.50 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 260,482.54 Per station or trunk. . . . . . . . . . . . . . . . . . $ 76.142 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 398,831. 11 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 116.583 — Revenue—Over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 138,348. 57 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 40.441 * Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,212,847 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .027915 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0361.14 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 055294 Investment (including working capital) . . . . . . . . . . . . . . . . 761,206. 54 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 222. 510 CLASS C12—2N. CosT OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 20,848. Operating— — Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 109,475.94 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 8,161.88 Exchange supplies and expenses . . . . . . . . . . . . . . . . 15,116.90 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . I02.60 Superintendence . . . . . . . . . . . . . . . . . . . . tº e º 'º e º e is 5,684.96 Expense of collecting and auditing . . . . . . . . . . . . . . . . . . 48,449.60 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,515.93 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 7,010.69 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,708.40 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,325.71 e $ 220,552.61 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $ 57,765.90 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66,427.06 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 41,797.79 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,493.56 | * 169,484.31 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33,267.42 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 176,579.44 * NoTE.—Figures in italics represent deductions or deficits. f |24 COMMUNICATIONS, ETC. May 9, 1910. Miscellaneous— – º Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 38,047.43 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 298.65 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,245.21 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,069.62 Three per cent. compensation to city . . . . . . . . . . . . . . . 36,224.79 Cost of free telephone service to the city, etc. . . . . . . 5,344.66 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41,568.46 162,798.82. Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 762,682.60. Per station or trunk . . . . . . . . . . . . . . . . . . . $ 36.583 Add: Interest on bonds outstanding . . . . . . . . . . . $ 22,480.82 Eight per cent. dividend on capital stock... 194,234.31 ^. 216,715.13. Total . . . . . . . . . tº gº e º ºs e º is º ºs º e º e º 'º º e º ºs e º 'º e º e $ 979,397.73. Per station or trunk . . . . . . . . . . . . . . . . . . $ 46.978 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,145,936.92. Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 54.966 — Revenue—over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 166,539. 19. Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7.988 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,249,736 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .0396.20, Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . º gº e º º e º ºs e e º 'º e .050879. Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . .059530, Investment (including working capital) . . . . . . . . . . . . . . 2,792,111.17 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . *º e º 'º e 133.927 CLASS C13–2RN. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 3,081. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,561.66 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 859.24 Exchange supplies and expenses . . . . . . . . . . . . . . . . 1,597.78 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . 10.79 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 601.49 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 7,853.24 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,146.44 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 1,039.91 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,038.87 Incidentals . . . . . . . . . tº e º e º 'º º º ſº º º ſº tº e º e º e º 'º e º e º e º e ºs 609.00 $ 28,318.42. Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 8,295.69 Line plant . . . . . . . . . tº e º e º 'º tº e º 'º e º e º e º ºs e e e s e e º e e s e e s 9,183.83 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,734.05 Buildings . . . . . . . . . tº e e º e º ºs e º 'º e º e º e & ſº e º e o e e º e º e s tº º 425.79 22,639.36. May 9, 1910. COMMUNICATIONS, ETC. 125 Station removals . . . . . . . . . . . . . . . . . . . . . gº tº e º e º 'º - e º 'º - e e º º 6,634.63 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * c e s e 23,302.51 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,062.95 Rental of wires, contacts, etc. . . . . . . . tº º e º O ſo º º e º 'º e º º º 41.23 Insurance . . . . . . . . . . . . . . . . © e - e º e º 'º e º 'º e º º º e º a tº es e º 'º 501.47 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tº ſº & e º 'º e º 'º e g º º e 4,945.48 Three per cent. compensation to city . . . . . . . . . . . . . . . . 3,827.42 Cost of free telephone service to the city, etc. . . . . . . . . . 713.40 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,420.93 ar 20,512.88 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 101,407.80. Per station or trunk . . . . . . . . . . . . . . . . . . $ 32.914 Add: Interest on bonds outstanding . . . . . . . . . . $ 2,997.71 Eight per cent. dividend on capital stock ... 25,900.23 28,897.94 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 130,305.74 Per station or trunk . . . . . . . . . . . . . . . . . . $ 42.294 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121,072.71 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 39.2 *mºmºmºmºmº Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .* e e $ 9,233.03 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2.997 *Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,032,792 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .049886 Expense per message after adding interest and divi- * dends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 064102 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . .º .059560 Investment (including working capital) . . . . . . . . . . . . . 372,291.29 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 120.835 CLASS C14–4N. COST OF SERVICE FOR YEAR ENDING 31 Masch, 1910. Average Stations or Trunks, 72,932. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $168,270.88 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 12,268.14 Exchange supplies and expenses . . . . . . . . . . . . . . . 23,325.77 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 151.24 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,891.68 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 179,716.23 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,858.86 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 24,520.95 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,263.54 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,073.99 $ 479,341.28 126 COMMUNICATIONS, ETC. May 9, 1910. Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $207,164.88 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113,112.20 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 67,252.60 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,127.63 393,657.31 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124,286.47 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 344,841.50 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 82,878.99 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 493.34 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,199.82 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73,447.98 Three per cent. compensation to city . . . . . . . . . . . . . . . . 52,495.94 Cost of free telephone service to the city, etc. . . . . . . . . 11,614.43 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88,946.18 317,076.68 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,659,203.24 Per station or trunk . . . . . . . . . . . . . . . . . . . $ 22.750 } Add: Interest on bonds outstanding . . . . . . . . . . . $ 44,565.24 Eight per cent. dividend on capital stock... 385,043.76 429,609.00 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,088,812.24 Per station or, trunk. . . . . . . . . . . . . . . . . . $ 28.641 Trevenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,660,748.29 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22.722 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 428,063.95 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5.869 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,586,329 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .056080 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 070600 Revenue per message . . . . . . * s e º e s e e o e º is is e is e s e s e e .056132 Investment (including working capital) . . . . . . . . . . . . . . 5,550,003.92 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 76. 100 CLASS C15–TERMINALS AND EXTENSIONS. CoST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—57,402. Operating— Expense of collecting and auditing. . . . . . . . . . . . . . . . . . . $ 12,599.82 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,842.48 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 19,662.06 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42.85 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.57 $ 73,239.78 May 9, 1910. comMUNICATIONS, ETC. 127 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $131,964.38 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 563.78 132,528. 11 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55,169. 16 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,079.29 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,443.74 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 380.91 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,895.40 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 10,865.64 Cost of free telephone service to the city, etc. . . . . . . . *700.60 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,504.66 60,389.75 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 381,406.09 Per station or trunk . . . . . . . . . . . . . . . . . . $ 6.645 Add: Interest on bonds outstanding. . . . . . . . . . . $ 8,424.62 Eight per cent dividend on capital stock.... 72,788.72 81,213.34 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 462,619.43 Per station or trunk . . . . . . . . . . . . . . . . . . $ 8.059 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 343,793.45. Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . • - - - - - - $ 5.989 Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 118,825.98. Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2.07.0 Investment (including working capital) . . . . . . . . . . . . . . . . $1,056,077.20 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.398 CLASS N1–B. CoST of SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—632. Operating— Exchange Operating— Operator's wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6,178.50 Other exchange employes , . . . . . . . . . . . . . . . . . . . . . . 465.54 Exchange supplies and expenses . . . . . . . . . . . . . . . . . 850.28 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 5.85 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.18.80 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . . 563.90 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 442.27 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 213.38 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377.32 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.16 $ 9,426.00 * NoTE.—Figures in italics represent deductions or deficits. * 128 COMMUNICATIONS, ETC. May 9, 1910. Maintenance—Current Repair—— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $ 1,399.73 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,861.20 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 1,576.74 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226.58 10,064.25 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 522.96 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,373.53 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,264.15 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 29.60 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2II.72 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,757.88 Three per cent compensation to city. . . . . . . . . . . . . . . . . 951.68 Cost of free telephone service to the city, etc. . . . . . . . . . 71.61 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,483.41, - 8,770.05 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 45,156.79 Per station or trunk . . . . . . . . . . . . . . . . . . $ , 71.451 Add: Interest on bonds outstanding. . . . . . . . . . . $ 1,671.52 Eight per cent dividend on capital stock. ... 14,441.89 16,113.41 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 61,270.20 Per station or trunk . . . . . . . . . . . . . . . . . . $ 96.947 Revenue . . . . . . . . . . . . . . . . . . . * e º e s e e s e e s e e s • e s e e s e s e a e $ 30,100.82 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 47.628 — Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 31,169.38 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 49.319 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,923,001 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .023482 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .031862 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .015653 investment (including working capital) . . . . . . . . . . . . . . . . 206,418.94 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326. 612 CLASS N2–2B. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—200. Operating— - Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,216.04 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 90.02 Exchange supplies and expenses. . . . . . . . . . . . . . . . . 167.92 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 1.11 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63.6L Expense of collecting and auditing. . . . . . . . . . . . . . . . . . . 238.18 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138.94 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 67.00 May 9, 1910. COMMUNICATIONS, ETC. 129 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128.78 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.39 f $ 2,113.99 Maintenance—Current Repair— Subscribers’ station equipment. . . . . . . . . . . . . . . . . . . . . . $ 444.97 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,393.90 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 292.22 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43.83 * 2,174.92 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.94.48 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,359.68 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 493.65 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 5.90 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.75 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 570.03 Three per cent compensation to city . . . . . . . . . . . . . . . . . . 231.02 Cost of free telephone service to the city, etc. . . . . . . . . . 69.13 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 538.47 1,948.95 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,892.02 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 49.46 Add: Interest on bonds outstanding . . . . . . . . . . . . $ 345.77 ==== Eight per cent dividend on capital stock. . . . . . 2,987.42 3,333. 19 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 13,225.21 Per station or trunk . . . . . . . . . . . . . . . . . . $ 66.126 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,306.43 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 36.532 — Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,918.78 Per station or trunk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 29.594 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 384,977 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .025695 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * .034353 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .018979 Investment (including working capital) . . . . . . . . . . . . . . . . 42,754.34 Per station or trunk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 213.772 CLASS N3–4E. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—1,289. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,919.78 Other exchange employes. . . . . . . . . . . . . . . . . . . . . . . . 449.93 Exchange supplies and expenses . . . . . . . . . . . . . . . . 813.75 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . .'. 5.71 , Superintendence . . 130 COMMUNICATIONS, ETC. May 9, 1910. Expense of collecting and auditing. . . . . . . . . . . . . . . . . . 1,383.07 Directory . . . . . . . . . . . . . . * * * * * e º e e s e º e º e o e º e s e e º e e s 900.94 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 436.94 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430.40 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.26 ,” $ 10,654.81 Maintenance—Current Repair— Subscribers” station equipment . . . . . . . . . . . . . . . . . . . . . . $ 2,971.60 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,754.33 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,330.52 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 185.82 9,242.27 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,080. 74 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,550.92 • Miscellaneous— º Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,124.47 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 21.18 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174.64 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,171.23 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 962.40 Cost of free telephone service to the city, etc. . . . . . . . . . 97.61 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,335.84 7,886.37 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 42,416.11 Per station or trunk . . . . . . . . . . . . . . . . . . $ 32.906 Add: Interest on bonds outstanding. . . . . . . . . . $ 1,314.85 Eight per cent dividend on capital stock.... 11,360.34 12,675. 19 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 55,091.30 ,” Per station or trunk. . . . . . . . . . . . . . . . . . $ 42.740 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,429.46 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.607 Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19.133 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,867,994 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .022707 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0294.92 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .016290 Investment (including working capital) . . . . . . . . . . . . . . . . 163,087.76 Per station or trunk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126. 523 May 9, 1910. COMMUNICATIONS, ETC. ,- 13] CLASS N4—R. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 268. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,345.27 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . . 100.61 Exchange supplies and expenses . . . . . . . . . . . . . . . . . . . . 185.40 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . 1.25 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69.82 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 303.26 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 º’ e < * * * * * * * 188.60 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . . 91.00 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.89 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.62 $ 2,355.72 Maintenance—Current Repair— f Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . $ 583.72 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,914.71 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 456.06 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78.77 4,033.26 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 264. 76 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,688.39 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 833.48 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 12.52 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70.28 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,128.08 Three per cent. compensation to city . . . . . . . . . . . . . . . . 294.82 Cost of free telephone service to the city, etc. . . . . . . . 117.38 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 778.09 3,234.65 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 16,576.78 Per station or trunk . . . . . . . . . . . . . . . . . . $ 61.854 Add: Interest on bonds outstanding . . . . . . . . . . $ 683.67 = - Eight per cent. dividend on capital stock. .. 5,906.95 6,590.62 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 23,167.40 Per station or trunk . . . . . . . . . . . . . . . . . . . $ 86.445 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,335.33 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . • * * * * * * $ 34.833 'Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * º $ 13,832.07 -msmseems-- Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 51.612 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 422,146 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .039268 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .054880 132 COMMUNICATIONS, ETC. May 9, 1910. Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . 022114 Investment (including working capital) . . . . . . . . . . . . . 84,233.02 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . 3I4. 302 CLASS N5–2R. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks, 477. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,830.83 Other exchange employes . . . . . . . . . . . . . . . . . . . . . 136.36 Exchange supplies and expenses . . . . . . . . . . . . . . . . 252.49 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 1.69 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95.34 Expense of collecting and auditing . . . . . . . . . . . . . . . . . 504.60 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 334.51 Advertising and canvassing . . . . . . . . . . . . . G G e e s e e s e s e 161.28 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81.61 Incidentals . . . . . . . . . . . . . . . e e e s e s = e s a e e < e e s e e s = e s 3.90 3,402.61 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 1,030.59 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,363.90 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . 509.59 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90.79 4,994.87 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 599.0] Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,862.59 Miscellaneous— & Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,047.52 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . 14.32 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80.54 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,336.24 Three per cent. compensation to city . . . . . . . . . . . . . . . . . 305 (){} Cost of free telephone service to the city, etc. . . . . . . . 147.23 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,006.16 .* 3,997.07 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20,856.15 Per station or trunk . . . . . . . . . . . . . . . . . . . $ 43.724 Add: Interest on bonds outstanding . . . . . . . . . . . $ 810.09 === Eight per cent. dividend on capital stock. . . 6,999.13 7,809.22 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 28,665.37 Per station or trunk . . . . . . . . . . . . . . . . . . . $ 60.095 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * e s e º e s - e. e. e. 11,559.14 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 24,233 Revenue—short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,106.23 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 35.862 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 576,484 May 9, 1910. COMMUNICATIONS, ETC. 133 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ .0361.78 Expense per message after adding interest and Ig dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .049724 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . .020051 Hnvestment (including working capital) . . . . . . . . . . . . . 99,931.60 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . 209. 500 CLASS N6–4R. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Average Stations or Trunks—6,706. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,518.11 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 1,690.39 Exchange supplies and expenses . . . . . . . . . . . . . . . . 3,101.78 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 21.18 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,164.81 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . 7,822.15 Directory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,686.41 Advertising and canvassing . . . . . . . . . . . . . . . . . . . . . . . . 2,265.49 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . £ e a e e e s e s 1,209.51 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50.43 $ 44,530.26 Maintenance—Current Repair— Af Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . . $ 15,309.77 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,421.28 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,380.35 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 844.44 46,955.84 Station removals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000.06 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64,726.00 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,218.52 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . . 110.38 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 771.48 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,200.67 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 3,767.92 Cost of free telephone service to the city, etc. . . . . . . . . . 1,544.16 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * - - - - - - - - - - - 10,475.98 38,089. 11 l, Total . . . . . . . . . . . . . . . . . . . . . & º 'º e de & ſº e º ºs e e º & $ 204,301.27 Per station or trunk . . . . . . . . . . . . . . . ... $ 30.465 Add: Interest on bonds outstanding. . . . . . . . . . . . $ 6,787.08 Eight per cent dividend on capital stock.... 58,640.36 65,427.44 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 269,728.71 Per station or trunk . . . . . . . . . . . . . . . . . . $ 40.222 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 119,200.34 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 17.775 134 COMMUNICATIONS, ETC. May 9, 1910. Revenue—Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . … • * * * * * * $ 150,528.37 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22.447 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,109,648 Expense per message before adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . . 028736 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 037.938 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .016766 Investment (including working capital) . . . . . . . . . . . . . . . . 840,302.59 Per station or trunk . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125.306. CLASS N7–5c TRUNKED CALLS. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Operating— Exchange Operating— Operators' wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 16,230.42 Other exchange employes . . . . . . . . . . . . . . . . . . . . . . 1,216.04 Exchange supplies and expenses. . . . . . . . . . . . . . . . . . 2,236.58 Injuries and damages . . . . . . . . . . . . . . . . . . . . . . . . . . 15.23 Superintendence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 840.91 Expense of collecting and auditing. . . . . . . . . . . . . . . . . . . 1,579.45 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.97 $ 22,143.60 Maintenance—Current Repair— Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,398.37 Central office equipment . . . . . . . . . . . . . . . . . . . . . . . . . 2,996.66 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 236.92 4,631.95 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p 6,656. 07 Miscellaneous— Rental of instruments, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,105.81 Rental of wires, contacts, etc. . . . . . . . . . . . . . . . . . . . . . . 11.78 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 284.73 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,499.18 Three per cent compensation to city. . . . . . . . . . . . . . . . . . 2,272.70 © Cost of free telephone service to the city, etc. . . . . . . . . . 157.00 General . . . . . . . . . . . . . . . . . . . . . . • * * * * * * * * * * * * * * * * * * * 2,307.33 8,638.53 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 42,070.15 Add: Interest on bonds outstanding. . . . . . . . . . . . . . $ 910.39 Eight per cent dividend on capital stock. . . . . . 7,865.80 8,776. 19 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 50,846.34 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 71,898.40 Revenue—Over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ "21,052.06 Messages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,427,359 Expense per message before adding interest and dividends . . . . . . . . . . . W. e. e. e. e. e. • * * * * * * * * * * * * * * * * $ .029474 May 9, 1910. COMMUNICATIONS, ETC. I35 Expense per message after adding interest and dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .035623 Revenue per message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .050371 Investment (including working capital) . . . . . . . . . . . . . . . . 114,224.05 CLASS S1—EXTENSION LINES. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Operating— Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 40.76 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01 $ 40. 77 Maintenance—Current Repair— Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20,174.74 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 273.52 20,448.26 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • 20,916.00 Miscellaneous— Rental of instruments, etc . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,950.37 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 184.91% Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., - - - - - - - 6,741.60 Three per cent. compensation to city. . . . . . . . . . . . . . . . . 4,198.39 Cost of free telephone service to the city, etc. . . . . . . . * 66.88 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,227.78 17,236.17 ¥ Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 58,641.20 Add: Interest on bonds outstanding. . . . . . . . . . . . $ 4,085.24 Eight per cent on capital stock . . . . . . . . . . . . 35,296.46 39,381.70 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 98,022.90 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132,839.68 Revenue—Over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 34,816.78 Investment (including working capital . . . . . . . . . . . . . . . . . . $ 499,163.05 CLASS S2—PRIVATE LINES. COST OF SERVICE FOR YEAR ENDING 31 MARCH, 1910. Operating— * Expense of collecting and auditing . . . . . . . . . . . . . . . . . $ 552.28 Uncollectible accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76.33 Incidentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .85 tº- $ 629.46 Maintenance—Current Repair— Subscribers’ station equipment . . . . . . . . . . . . . . . . . . . . . $ 1,009.30 Line plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,594.52 Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26.72 3,630. 54 * NoTE.—Figures in italics represent deductions or deficits. 136 CoMMUNICATIONS, ETC. May 9, 1910. Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,179.00 Miscellaneous— Rental of instruments; etc. . . . . . . . . . . . . . . . . . . . . . . . .# 421.16 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.06 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 658.84 Three per cent. compensation to city . . . . . . . . . . . . . . . . . 387.03 Cost of free telephone service to the city, etc. . . . . . . . . * 22.68 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447.13 1,909.54 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,348.54 Add: Interest on bonds outstanding . . . . . . . . . . . . . . . . . . . . $ 399. 32 Eight per cent. dividend on capital stock. . . . . . . . . . . . 3,450.10 3,849.42 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 12,197.96 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 12,238.82 Revenue—over . . . . . . . * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * $ 40.86 Investment (including working capital) . . . . . . . . . . . . . . . . . $ 49,061.54 * NoTE.—Figures in italics represent deductions or deficits. GUIDE TO SYMBOLS USED FOR EACH CLASS OF SERVICE. GUIDE FOR CLASS NUMBERS AND CHICAGO TELEPHONE COMPANY SYM- BOLS, GIVING DESCRIPTION OF THE SERVICE RENDERED UNDER EACH CLASS. Class Chicago Telephone Number Company Symbol. Description of Service Rendered CHICAGO RATE CLASSES. C 1 F Unlimited single party line business ser- vice without extra line or private branch exchange privileges. (For which a flat rate of $125 per year is now charged.) C 2 M12, M72, M60 Measured single party line business ser- vice, with privilege of an extra free line for each 6,000 outgoing messages guar- anteed above 1,200 and with privilege of as many auxiliary lines rented at $24 per line without message guaran- tee as desired; without connection to a private branch exchange switchboard. (For which a minimum charge of $60 per year for the first line is now made, including 1,200 outgoing messages; 3c per message for the next 2,400 out- going messages, and 2¢ per message for all additional outgoing messages.) C 3 P. B. X., M12, M72, M60 Measured single party line business ser- vice, same as C2, but with connection to a private branch exchange switch- board which is furnished by the Tele- phone Company free. s (For which the same charge is made as for C2, except that the subscriber must have more than one measured rate line.) May 9, 1910. COMMUNICATIONS, ETC. 137 CHICAGO RATE CLASSES-Continued. Number Company Symbol. Description of Service Rendered C 4 P. B. X., M. C. Commuted rate (deemed measured) .* single party line business service; with connection to a private branch ex- change switchboard and privilege of as many auxiliary lines rented at $24 per line without message guarantee as desired, and with privilege of extra line service with 6,000 message guar- antee. (For which a flat charge of $365 per year is now made for the commuted rate line with privilege of unlimited outgoing messages thereover, with a charge of 2C per message for all out- going messages over the $24 lines.) C 5 P. B. X., M. 60. Extra line service with 6,000 message guarantee, for use only in connection with commuted rate single party line business service. (For which a minimum charge of $120 per year is made, including 6,000 mes- sages and a charge of 2C per mes- sage is made for all messages above 6,000.) •C 6 P. B. X., M. L. Auxiliary line service intended particu- larly for incoming messages, for use in connection with classes of service C2, C3, C4 and C5. These lines are of such a character that substantially all of them are associated with private branch exchange switchboards and we therefore designate them as a P. B. X. class. (For which a rental charge of $24 per year is made and the outgoing messages are considered as a part of the total messages when the lines supplement Class C2, Class C3 or Class C5 ser- vices, and a charge of 2C per message is made when they supplement Class C4 service. The latter messages we keep in a class by themselves which we call C6 messages.) •C 7 R. F. Unlimited single party line residence ser- VICe. (For which a flat rate of $72 per year is now charged.) ‘C 8 2R. F. Unlimited two-party line residence ser- W1C0. (For which a flat rate of $56 per year is now charged.) (Neither of the above residence ser- vices have extra line or private branch § exchange privileges.) º ‘C 9 D. N. Prepaid nickel single party public tele- phone service, installed only in drug stores at approved locations. 138 COMMUNICATIONS, ETC. May 9, 1910. CHICAGO RATE CLASSEs—Continued. Number Company Symbol. J10 P. N. C11 N C12 2N. C13 2R. N. C14 4N. C15 Ext. Ter. Description of Service Rendered (For which a rate of 5c per message for three messages per day is charged and 2%c per message for all further messages. The Company reserves the right to cancel contract if average number of three messages is not reached.) Prepaid nickel single party public tele- phone service installed only at ap- proved locations. (For which a rate of 5c per message for four messages per day is charged and 4c per message for all further messages. The company reserves the right to cancel contract if minimum number of four messages per day is. not reached.) Prepaid nickel single party line business service. - (For which a rate of 5c per message is now charged, with a guarantee of 20c per day.) Prepaid nickel two-party line business. service. (For which a rate of 5c per message is now charged with a guarantee of 12% c per day.) Prepaid nickel two-party line residence service. (For which a rate of 5c per message is now charged, with a guarantee of 10c per day.) Prepaid nickel four-party line residence service. (For which a rate of 5c per message is now charged, with a guarantee of 5c per day.) (In the prepaid nickel classes of ser- vice there are no extra line or private branch exchange privileges.) Extension telephone and private branch exchange terminal telephone service. (For which a rate of $6 per year per telephone is now charged.) (These are divided between those with and those without coin boxes.) NEIGHBORHOOD RATE CLASSES. . . N1 B. N2 2B. Unlimited single party line business service. (For which a flat rate of $48 per year is now charged.) Unlimited two-party line business ser- W1Ge. t (For which a flat rate of $36 per year is now charged.) May 9, 1910. COMMUNICATIONS, ETC. I39 NEIGHBORHood BATE CLASSES-Continued. Number Company Symbol. Description of Service Rendered N3 4B. Unlimited four-party line business ser- * vice. (For which a flat rate of $24 per year is now charged.) N 4 R. Unlimited single party line residence ser- WICe. (For which a flat rate of $36 per year is now charged.) N 5 2R Unlimited two-party line residence ser- VICe. * (For which a flat rate of $24 per year is now charged.) N 6 4R. Unlimited four-party line residence ser- WIGe. (For which a flat rate of $18 per year is now charged.) N 7 Trunked service from the Neighborhood Exchange lines to the Chicago Ex- change lines, or to lines in other Neigh- borhood Exchanges. (For which a rate of 5c per outgoing message is charged.) (Under the Neighborhood Exchange rates, which are much lower than the Chicago Exchange rates, the subscrib- ers have the privilege of free connec- tion with the subscribers in their own exchanges, but are charged a fee when jº connected with Chicago Exchange sub- scribers outside of their own Neigh- borhood limits.) SPE(JIAI, RATE CLASSES. S 1 Extension lines extending from the sub- scriber’s telephone line to premises beyond his own; which we hereinafter call Mileage Extension lines. (For this service a charge of $20 a year is now made for the first half mile or less of line, and $10 per year for each additional quarter mile.) § 2 * Private lines not connected to the Tele- phone Company’s circuits. (For this a charge of $40 per year is now made for the first mile or less of line, and $10 per year for each addi- tional quarter mile.)