Their revenue, including subsidies, amounts to 3,204,060L.; and their
reserves and sinking funds to 3,610,000L.; and their dividends are
from one to 143/4 per cent. The receipts from the Atlantic cables alone
amount to about 800,000L. annually.
The number of cables laid down throughout the world is 1,045, of which
798 belong to governments and 247 to private companies. The total
length of those cables is 120,070 nautical miles, of which 107,546 are
owned by private telegraph companies, nearly all British; the
remainder, or 12,524 miles, are owned by governments.
[Illustration: MAP SHOWING CABLES FROM GREAT BRITAIN TO AMERICA AND
THE CONTINENT.]
The largest telegraphic organization in the world is that of the
Eastern Telegraphic Company, with seventy cables, of a total length of
21,859 nautical miles. The second largest is the Eastern Extension,
Australasia and China Telegraph Company, with twenty-two cables, of a
total length of 12,958 nautical miles. The Eastern Company work all
the cables on the way to Bombay, and the Eastern Extension Company
from Madras eastward. The cables landing in Japan, however, are owned
by a Danish company, the Great Northern. The English station of the
Eastern Company is at Porthcurno, Cornwall, and through it pass most
of the messages for Spain, Portugal, Egypt, India, China, Japan, and
Australia.
The third largest cable company is the Anglo-American Telegraph
Company, with thirteen cables, of a total length of 10,196 miles.
Pages:
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75