Historical Sketch of the Electric Telegraph: Including Its Rise And Progress in the United States

Cover Historical Sketch of the Electric Telegraph: Including Its Rise And Progress in the United States
Historical Sketch of the Electric Telegraph: Including Its Rise And Progress in the United States
Alexander Jones
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Loukyille 3 cents. NashyiUe 4 ^ Memphis 4 ^ Jackson 5 ^ Vicksburg •..•••.. 6 " • New Orleans 6 ** SL Louis 5 ^ Harrisbuig 1 " Lancaster 1 ' ^ Other dispatches between other places : Per Word. 200 miles or under 1 cent 500 '< or oyer 800 2 cents. 700 « "600 3 « 1,000 « « 100 4 « 1,600 « " 1,000 6 « 2,000 « « 1,500 6 " ♦10. It is used to a great extent, in conveying secrets of rise and fall of markets ; for instance, a man may be pur- chasing goods in New- York, gives his reference to the mer- chant — said reference being perhaps 700 or 800 miles away from him-— by the aid of the telegraph he can know the stand- ing of his customer, even before the purchase is completed. There are bankers, brokers, &c., in Wall-street, that receive and send, on an average, six to ten messages per day, through- out the year. 11. Yes, to a great extent It oftentimes occurs that a party desires to "converse" with another 800 or 500 miles oflF. An hour is appointed to meet in the respective offices, and they converse through the operator.

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