New York Telephone officials, genial last week with their 1926 profits of $26,701,702 ($19,024,733 in 1925) from service to 2,596,552 telephones, capitulated. They officially offered subscribers who wanted cradle type ("French") telephones, having seen them used in the cinema, the convenient instrument—for 50c a month extra charge.
The Pullman Co. last week surprised people who think every great corporation must always make money. After three months' business, its deficit was $510,445 due (unofficially) to decrease in travel, increase in number of trains, decrease in loading per car, increase in wages, and increase in...
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