DAILY OCTOBER 2 THE LSsij l'elegraph Concern. A Hug An A ‘In April, 1851, the New York and Mis sissippi Valley Printing Telegraph Ccem- pany was organized under the general laws | of 1848 in New York State. * It was to con tinue in existence 100 years, and was to have an authorized capital of $560,000. One-half of the’<apital stock was to be issued to Royal E. House, for the exclusive right of manufacturing and using Pis.patent printing telegraph, and the other half was to be used for completing and putting i operation the line already in course of con struction between Buflalo, N. Y., and St. Louis, Mo. From this modest beginning has grown that powerful and comprehen: sive organization known as Western erican paper says the Union Telegraph Company, with its wires covering the eptire continent and spanning oceans. The parent company early adopted the policy of pur chasing and consolidating, and in 1856, when the name “‘Western Union’ was as- sumed, lines aggregating 1500 miles in length had been added. On tho Ist oi January, 1863, its capital was increased by stock bonuses aud the purchase of other lines to $3,000,000 and on the second of March of that year, exactly doubled, the additional shares being presented to stock- holders. About a year after, the capital | was increased, by purchase and extension of lines, to 11,000,000,, and at the same time the whole of its stock was again doubled by an issue of 100 per cent bonus to its stock- holders, making its capital $22,000,000. From this time up to January, 1868, the United States Telegraph Company was ab- serbed at: $3,333,533, and the American Telegraph Company. witb a capital of only $2,000,000, $11,818,800, and by at bonuses, extension of lines aud ether means, the Western Union capital was in- | creased to $41.008,800, In January, 1881, it absorbed the Atlantic & Pacific Telegraph Company, the lines of which cost no more than $2,500,000, and.the American Union Telegraph Company, with its lines, which cost little more than $3,000,000, taking them in at $25,000,000, and, at the same time, issuing a stock bonus of $15,000,000, thus bringing its capital up to $80,000,000, More recently it obtained possession of the Mutual Union, agreeing to pay four per cent on $10,000,000 stock and six per ceut on $5,000,000 of bonds, and thus adding $15,000,000 to its capital. The Western Union sank $3,000,00G in the abandonment of the Russian Telegraph, and nearly as woch more by the abandonment of the Cali- form lines and contracts for lines parallel to the Pacific Railroad. It also borrowed 65,000,000 for the purchase of real estate in New York, and pays $75,000 per annum vental for the California State Telegraph Company and 285,000 per annum for the lihwois State Telegraph Company. It. has purchased a majority of the stock of the Pacific & Atlantic, Southern Atlantic & Franklin telegraph companies, and guaran- tees dividends on the minority of the stock. It recently leased the Northwestern Tele- graph Company, and pays a large rental on a stock and bonded capital of that company of nearly $4,000,000, besides rentals of other ieased:lines, making its capital really about $100,000,000, The territory now-coveréd by the lines of the company includes aimost the entire in- habited portion of the continent of North America. On the eastern coast, the lines extend from North Sydney, Cape Breton, on the Gulf of St. Lawrence to Browns- ville on the Rio Grande, and on the west- ern coast from below Los Angeles, Cali- fornia, to British Columbia. They reach across the continent from the Atlantic to the Pacific, along the entire length of the Union Pacific. They communicate, by allied companies, with Canada, Nova Scotia and New Brunewick. They have an exclnsive connection with Newfoundland with Mexico and Cuba, and with the Anglo- American, Direct, French and American cables. The Western Unien Company | Poesesses many valuable patents, and has | “advantageous franchises ‘and contracts, | good for immense amounts, while a| new and most remunerative class of | permanent arrangements has sprung up in the rental of private wires to brokers, bank- ers and other business men. The general use o: telegraphy for comparatively unim- portant purposes has of late added largely to the revenues of the company. Invita- tions, congratulations, notes of sympathy, communications on the most commonplace affairs of life, are commonly sent over the wires. Indced, it would cause surprise if it were generally understood how widely this custom has prevailed. The indebtedness | of the Western Union is small, compara- tively speaking, amounting to only $6,000, . 000, and by the operation of asinking fund this is being gradually reduced. The directors’ board of the Western Union is composed of men remarkable not only for their immense private fortunes, but for the fact that they control interests representing . infinitely greater sums. Among the directors are Sidney Dillon, president of the Union Pacific Railroad; Cyrus W. Field, director in the Atlantic Cable companies ; Chauncey M. Depew, director New York Central Railroad ; Edwin D. Morgan, ex-Governor of New York; Hugh J. Jewett, president Erie Railroad, Jay Gould and George F. Gould, Russe!l Sage, and F. L. Ames of Massachusetts.” It would be safe to estimate that the actual cost of this vast property at not more than $20,000,000, on which it earns 30 per cont. annually. It would be interesting to know the mileage, cost and earnings of the lines in Canada at present controlled by the Great North Western Telegraph Company— another huge concern which, it is believed, is worked in the interests of the Western Union. EEE TS aR A meeting was recently held in Exeter Hall London, under the auspice’ of the London | Missionary Society, to welcome home Rev. Mr. Shaw, the British missionary, who has | ust returned from Madagascar. He denied e had been set for by Ear! of Granville. He also denied he had claimed compensation for losses he suifered, and said he would | leave that to the honor of France. Tue young men are requested to c li and seo Lk. roWse’s Eases Thay as nobby ot cheap, ¥. nm whey, Fi J | somersault in the air, and suddenly found thn — 7 ul J iealliel calles _ ry | ae oe ee Exuibition. i Pleasant Trip With a Passing Glance at Mencton. iesaiailiten *} O'ER THE FERRY.” All night long the autumnal wind Mowled about—the gables; and but few.of the many landsmen and landswemen who went on board the “St, Lawrence’ On Friday morn- | lb” hoped to cross to Shediac without | yielding tribute to Old Neptune. It was | therefore an agreeable surprise to find that was not very NWfgh, and that after | sonie little ‘nodding to the breeze,’ during | which a few of the weaker brethren and sistern wished they hadn’t ventured out, the steamer ploughed along fin the teeth of the breeze as steadily as if the sea were calm. The passage was, indeed, a very pleasantand exhilirating one; andit ended in one of those entirely satisfactory dinners for which the “St. Lawrence” and her ex- perienced steward are justly celebrated. 1 ’ P the sea < MONCTON AS IT WAS AND IS. Nine years have passed since the writer visited Moncton, It was then a village of about fifteen handred inhabitants; it is now atown of seven thousand. Where the scrubby fir and spruce and hacmatac then grew wild, there are now many ele gant residences and many quiet homes for daily toilers; and strecis have been opened and lots laid out, and sewers dug, and gas and water pipes put down, and humming factories erected, where then the cattle grazed on the juicy herbage of the swamp. The proportion of workers is larger in Moncton than in any other town in the Maritime Provinces—perhaps in Canada. [here are no corner-loafers or wharf-rats. The story is told of a worthy school ‘trus- tee who, reading down the list of parents and children in the district, and seeing the oft-recurring words ‘Born in P. E. Islarid,” ‘““Born in P. E. Island,” broke out with; ‘‘D—n those Islanders; the town is full of ’em.”’ The New Brunswicker must have forgotten for the nonce that in settling down in Moncton the Islanders were settling down in their own country; and after he had reflected a little he no doubt felt pleased and thankful that the town is filling ap with such good people One of the handsomest and most substan- tial brick buildings in Moncton ‘1s’ just now being erected by an Islander—Mr. P. T Enman; and one of the busiest and best men thereis Mr. Paul Lea, whose ‘‘hum is heard from early morn till dewy:eve, and whose greatest trouble seems to be how to fill the orders for doors and window sashes and mouldings which come pouring in upon him. Mr. -Toombs, and Messrs. Pollard & Wadman are engaged in the highly meritorious business of distributing Island products among the Monetonians, thus contributing to them vigor of mind and body, and assisting more than may, perhaps, be expected in the inception and develop- ment of the grand scheme’ by which Moncton is being built up and hopes to profit and grow. Last but not least, we find “Tim O’Coonell” dispeusing good apples and good literature,—including THE Datty EXAMINER. Of Moncton’s vigorous young industries, more anon. They deserve extended notice. In some of them we find not only steam but electricity, obediently working together for the good of skilful and enterprising men. The factories, etc., are, of course, the source of Moncton’s prosperity. Monc- tonians were among the first in Canada to see and avail themselves of the advantages afforded by thg National Policy. Thence Moncton obtained a lead,—has grown to be something more than a mere railway centre, and has, in five or six short years, attained such deménsions that her people now feel confident of continued enlargement and a great future. Owing to the rapidity of its growth the town has left some of its public buildings far behind. This fact may be fully illustrated by another fact. A short time ago, a stranger was being shown the town by one of its best men. The Custom House was pointed out, and the Pest Office was pointed out, and ali the most remarkable structures thaf adorned the streets were pointed out and commented on; when the stranger suddenly cailed atteution to an erection in the distance and asked, ‘‘is that another public building. But before his guide had time to answer he saw by the pole that it was baarber shop !. It was— well perhaps alittle more than eight feet by ten ! Besides enlarged and impreved Govern; ment Offices, Moncton still needs a Public Merket House, a Public Hail and a first- class Hotel. These will, no doubt, come in good time ; and it is not unlikely that the port will be substantially improved. There is a creek running past the lower or eastern end of the town, which it is proposed to deepen and straighten, and then place a lock at the mouth of it, admit the ships at high water, close the lock as the tide may fail as low as it can, the ships in the dock will be able to float easily. THE STOCK IN ST. The stock from the [sland arrived on Priday evening and is safely and comfort- ably housed. A few animals from Nova Scotia and distant parts of New Brunswick are here ; but the grain influx is expected on Monday. JOHN. W. L. C. Iu the recent expiesion on the steamer J. eA, eA NT ET ARNE RP on mai rrancseen eet Nees mca ee s Kx AMINER. Pha Dominion and Centennial LETTERS TO THE EDITOR. perce Sin,—Please carrect your error in = yes- terday’s issue respecting the Upper Prince Street School. There was plenty of steam all forenoon up to nearly eleven o'clock, when one of the pipes began to leak #0 badly, steam had to be shut off until Mr. White the machinist made the necessary repairs. Yours, ete., J. C. Dov. PERSONAL. — Rev. Mr. Hicks, of New Castle, and bride, are visiting at the Little York Par- sonage. Mr. Hicks preached a thoughtful sermon in the Little York Church on Sabbath evening in place of Rev. G. Steel. NEW GOODS. meee “ew Largest Stock Dress Goods, | EVER OFFERED, Silks, pend Mantles, | FULLY Shawls, 4 Oo f Outaeniiel” per cent, ee Dress Plaids. cross ‘ LAST SEASON. Gloves, Corsets, STOCK Skirts, Ribbons, {Personally Selected, Flowers, IN ‘THE BEST Laces, ENCLISH HOUSES Millinery, , Feathers, Wr. PATON. Ornaments, | Buttons, | a user VERY BEST VALUE Cloths, OBTAINABLE ee __Guaranteed our Customers Trimmings, Fringes, | Dont Buy Winceys, Moutning | ome eee Goods, Inspect our Gods. Crapes, oo Cotton. . | ALWAYS CHEAP. Flannels, | eipmrmen Tickings, Wholesale Warps, —AND— Teas, ete. \ Retail! We A WEEAS OO, SIGN OF THE LION, Oct. 2, 1883. PE. 1, Steam Navigation Company, rEXHE ANNUAL MEETING of the Stock- . holders of thé Steam Navigation Company will be held in their office corner of Great George and Lower Water streets, on THURS- DAY, the 18th of October, at seven o’clock in the evening, for the election of Directors and other business, By Order F; W. HALES, Secretary. Ch’town, Oct. 2, 1883. eee ct tt Methodist Church Re-opening AT SOUTH WILTSHIRE, fEXNHE above Church, having undergone repairs, and having been closed for some time past, will be re-opened on , sumiay, Tih of October, 1883. The Preaching Services ave as follows :~ Rev. D. D. Currie, 10.30 a. m. Rev. J. W. Wadman, A. M., 3 p. m. Rey, William Grant, 6.30 p. m. By order TRUSTEES. Oct. 3, 1883,—w&s wkly li. Herring and Codfish. sd S. Robinson,, Vavzendtson was. killed, Capt McAndrew, of the canal boat Apollo, | which was in the rear of the J. S. Robinson, | and his wife, had a vatrow escape. They} were asleep when a piece of the boiler, car- | ried away_a section of the roof about three | and a half feet loog and one and a half wide, together with.a.portion ef the cabin nearly down to the bed. The reof was only two feet above their heads. Captain Robiuson, of the tug Hattie M. Betts, who was asleep in the pilot, house, turned a complete himself.on deck. The officers in the first precinct station house, one-eighth of a mile distant, were thrown from their beds on the floor, and the whole building shook violent ly for three seconds. At first they thought that it was an earthquake. =— ~=-—e © On Thursday the French made a recon- noissance from Hanoi which showed the enemy's works to have been deserted. The French ‘occupied Phmkoia without oppo- sition. ‘The enemy apparently retired backwards towards Sontag. - ' 125 BARRELS and Half barrels Choice | aie) FAMILY HERRING. 20) tls. Codfish, Fish Market. Just received at the J. H. MYRICK. eee ee ee TO LET. FEXHE Store and Dwelling Honse on Queen Street, now occupied by Alexander Mc- Kenzie. Porsession given immediately, Apply to E. J. HODGSON, Water Street, or ALEX. McKENZIE, on the premises. Ch’town, Sept. 12, 1883.—eod tf. OLD BONES. IGHEST PRICE paid for old bones, in large or small lots, delivered at John Newson’s Furniture Factory. JOHN NEWSON, h town, Aug, 17,—2m ee Tx AMIN FR, OCTOBER OCTOBER, 1883. | eo ee 1583. — a. | ; j } British Warehouse. AUTUMN, 1883. Qe hae aie ENGLISH AND OTHER STEAMERS, RECEIVED AND OPENED. -_—— — () —_— -—_—. Hore Daily -Expected-—Prists Lower Than iver, W. & A. GROWN: & CO. Ch'tewn, Sept. 26,1582. wkly AUTUMN & WINTER GOODS, NOW OPENED AND OPENING AT THE LONDON HOUSE, Ex steamers “Caspian,” » Newcastle City,” ** Boston City,’ $s Waldensian.” “¢ Sicily,” _ *‘Austrian,” “Durham City.” 70; This Stock comprises our usual SELECT and EXTENSIVE VARIETY of | STAPLE & FANCY GOODS, carefully bought by one of the firm, in the best English and Scotch Houses, and marked so as to secure a ready sale. GEO. DAVIES & COQ. Ch’town, Sept. 24, 1883. FALL GOODS REW sateen lt J. Bs MACDONALD’S. Lam now receiving New Goods for Fall and Winter. 00—_—- -—— Ladies’ Dress Goods, in all the newest fabrics. Ladies’ Mantle Cloths, in the newest makes. Ladies’ Mantles, Shawls, Silk Velvets, Velveteens. Brécaded Silks and Satios. Ladies’ Straw, Plush and Silk Hats, Feathers, Flowers, Ribbons. Woollen Squares, Scarfs, in variety. IN THE GENTLEMEN'S DEPARTMENT: A heavy Stock of Cloths, in Beavers, Worsteds, Tweeds and Fancy Coatings. Readymade Clothing, for Men and Boys. Underclothing, Fiaunel Shirts, Also Parks’ and other makes Cotton Warps, at the lowest cash prices, J. B, MACDONALD, Queen Street. Ov’town, Sept. 13, 1883.—wkly pres he THE DOMINION WIRE MATTRASS Having Made Special Arrangements with the Manufacture:s of this PATENT SPRING BED, WE ARE ABLE TO SELL THEM AT FACTORY PRICES. 7,000 Mattrasses Made and Sold in the Dominion last year, Every Mattrass warranted. MARK WRIGHT & CO. Charlottetown, Sept. 11, 1883.—3aw 1m. FURNITURE, ————— a —— a URNITURE, AT COST. ~—- APPLES At Auction, Wednesday, ord inst,, AT Il O'CLOCK, 75 bris Choice Hand-Picked Apples, viz,:— No. 1 Gravensteius, ‘ Autumn Strawberry, Porters, CAHVELL BROS, Fall Pippins. AUCTIONRERS, . Ch’town, Oct, 1, 1882,—2i. ~ QUEEN’S COUNTY _ BIFLE ASSOCIATION, rycn E ANNUAL PRIZE MEETING of this Association will be held at Kensing- ton Rifle Range, on Wednesday next, con. menecing at 8 a. m. Following is the order of competition ; — Ist. Match, 200 & 400 yards, 5 rounds at each range, 2nd. Match, 500 & 600 yards, 7 rounds at each range. Nursery Match, 2C0 yards, 5 rounds, re. stricted to members who have not secured a prize at a previous meeting of this Arsociation or the Prov..c. is : All members competing mw t.cce titties shall appear in the authorized uniform of the corps to which they belong, fall or undress, Any member who shall appear on the range or parade the streets of Charlottetown in uniform shall be liable to be disqualified from competing in any of the matches, The Doniinion of Canada Rifle Association Medal shall be awarded to the competitor making the highest aggregate score in the ‘st and 2nd matches. Membership fee, $1.00 That the Prize Meeting be governed ky the rules of the Dominion of Canada Rifle Associ- ation of the year 1*83. By order, J. A. LONGWORTH, isthe n, Ch’'town, Oct. 1, 1883. —-2i. a eet iin psametneennenla Siphon fF ISLAND RAILWAY PROVINCIAL EXHIBITION ETURN TICKETS at one first class fare will be issued from all Stations on this Railway to Charlottetown, on the 9th, 10th, and 1th of October, inst., good to relure up to and including October 13th, to parties attending the Provincial Exhibition, JAMES COLEMAN, Supt. Railway Office, Ch’town, Oct. 1, i883. fex pat eod tl 10th, her pres ne pio jour lin, VESSELS WANTED, b fag 3 mined WANTED, to carry coal from Lingan, C. B, for Charlottetown Gas Apply to Company, WM. MURPHY. Sept. 25, 1883. --lw SUBSCRIBE hb) NER, the ¢ published an PP F for the WEEKLY EXAMI- heapest and est Newspaper Ioland Only Sl per year ———— KL WANTS, LONT, POUND, &e, WYAFE FOR SAlE.—¥lheity & Co., mak- ss ers, Used by us. As good as new. Will be sold cheap. Apply to A. A. BaLpwin & Co. [oct2 5i, W Office. \ ’ ANTED. —Two Girls, as honsemaid and ' waiterin a hotel Apply at-ExamMInER [oct2, TANTED.—A Girl for general house- work, Apply at Fxamrner Office. [oct2, | ie gt genes HOUSE FOR SALE,—I offer at private sale my Residence on Euston Strect. Good stable and rain water cistern on premises. If not sold within ten days will be to let. A. A. Bauownn. [oct2 5i. | OST.—A beaded bvacket Drape, between A old fish store and Prince of Wales College. The finder will be rewarded by leaving it at EXAMINER. [oct2 3i pd. \V ANTED.—An Upholster. Good wages and constant work Must be strictly temperate. Mark Wricur & Co, [oct2 31. XO LET and possession given immediately _ the two story Dwelling House, corner of Prince and Fitzroy streets. Apply on the premises to J. Fraser or W. E. Dawson, [oc? r r LET.—One-half of a double Dwelling _ House, on Hooper Street, contammg seven rooms. Rert low. Apply at JOHN McKacuen’s Dry Good Store. {octl First Cs cleaned and repaired. ‘class work guaranteed. Shop,—first door west Presbyterian newspaper office, Grafton St. A good Presser wanted, apply at once, R. MeUcusrey. {oct 1. OST—On Thursday afternoon, @ CUFF STUD (Gold and White Cornelian). The finder will be rewarded by leaving it at the otlice of Tuk Examiner. [sep29 2i RENCH LESSONS—A Lady wishes to form a French class, for young girls. For particulars apply at EXamMINeR OFPICR. [sep24 \ ANTED IMMEDIATELY TO RENT, asmali HOUSE, or part of a larger one, Apply at Toe Examinex OFFICE. [sep20 a FEW GENTLEMEN can be accom modated with board on reasonable terms, in the house, corner of ree 7 and King streets, lately occupied by Fr. Ti. Hickey. Mrs. SaAunpDenson. [sept. 6 1883. mie padi Drees 1, LET—A Dwelling House on Orlebar Street, containing nine rooms, oe low. Apply to Henry Blatch. peeps Opposite Post Office, Charlottetown. Tam EDSTEADS, Chairs, Tables, Washstands, Sofas, Lounges, Parlor, and Drawing Room | Bedroom Suits, Looking Glasses and Mirrora, Window Furniture, Picture Frames and! Picture Mouldings. IOHN NEWSON, Ohertottetown, ‘an. %, 1293 - 5 | MBS FORGAN, Cumierland Street, will ke ready to ee a nel music pupils after Monday, 27th, August. o , [ong 23 eod ne AOR SALE—Plot of Land on Sydney St. hk Charlottetown, 16x84 feet, with Dwell- ing thereon, situate to the «ast of J. Metcalf’s brick house, For terms apply #0 Paul Towan, Springfield, or to McLean & Martin, Charlottetown. [eeys 10i ed por ee =