Annual Report For The Fiscal Year Ending December 31st 1924 Classic Reprint

Excerpt from Annual Report for the Fiscal Year Ending December 31st, 1924 Business conditions during the first six months of the year were considerably better than during 1923. Due to poor crops in many, sections, this condition did not continue and our earnings dropped below those of 1923 during the Fall months, with the result that long distance revenue did not come up to expectations for the year. We are, however, finishing at the end of the year with more Toll Revenue than we had during 1923. Exchange revenue was also increased during the year by but Rural revenue was less than in 1923. On our Rural Plant we are adding new lines in some sections and taking out telephones In others. The net result is that we are left with a large mileage of dead line, charged against our Plant, earning nothing, but costing the Department money to keep in repair. During the year, we had a net. Loss of 619 rural telephones with an additional expenditure Of The new money was spent on extensions and additions in territory where we already had plant operating and no telephone was installed at a cost exceeding The following analysis will show the take outs and why the telephones are being removed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.