Data.

1897.

1900.

1903.

Exchanges

967

1,239

1,514

Branch offices

832

1,187

1,861

Miles of wire:

On poles...............................

286,632

509,036

1 1,109,017

On Buildings

12,594

15,087

Underground

234,801

489,250

1,328,685

Submarine................................

2,818

3,404

6,048

Total miles of exchange service wire.......................

536,845

1,016,777

2,443,750

Total circuits.................................

264,645

422,620

742,654

Total employees

14,425

25,741

50,350

Total subscribers..............................

325,244

632,946

1,277,983

Length of wire operated........................................................miles....

805,711

1,518,609

3,281,662

Instruments in hands of licensees under rental at beginning of year........................................................No........

772,627

1,580,101

3,150,320

Daily exchange connections.................................................."........

2,630,071

5,173,803

9,322,951

Average daily calls per subscriber........................................"........

8.3

8.2

7.3

Received in rentals of telephones..................................dollars..........

1,597,959

2,427,038

Dividends paid stockholders.........................................."...........

3,682,949

4,078,601

Capital....................................................................".... ..

89,100,500

Gross earnings..................................................................... " ...........

5,130,845

9,534,499

Net earnings.......................... "

4,169,675

5,486,058