National Geographic : 1921 Apr
American Telephone & Telegraph Company RIGINATED in 1876, Boston Advertiser, October 19, 1876 incorporated in 1885, 0y the growth of the company O CE has been continuous, con sistent and conducted on sound business lines, until a Ea today a service is given to sto. nearly twelve million sub scribers or approximately one telephone to each nine of population. What was then an experiment is now a ne cessity. The stock of this com an pany is selling on the New York, Boston and Chicagors n Stock Exchanges at ap proximately $100, pays $8 ear, a o two e per share on each share of stock outstanding, and at this price yields 8 per cent. This income is free from taxation in many states, and is free from Normal Federal Income Tax. We shall be pleased, on request, to answer any questions you may ask us concerning the company or execute any order you may give us for the purchase of the stock. KIDDER, PEABODY & COMPANY 115 DEVONSHIRE STREET 18 BROAD STREET BOSTON, MASS. NEW YORK, N.Y. ~Z~< K-A "Mention The Geographic-It identifies you"