Telegraphy in New York.
The New York correspondent of the Sydney Morning Herald gives the following account of the uses to which the telegraph is applied in tnß great Atlantic city : —" We are going to have another development of the telegraph. Two years ago a company was formed to transmit momentarily to every broker's and speculator's office in the city, the sales and prices of stock. One instrument in the Exchange itself sent the news to all parts of the city simultaneously, and the office instruments spontaneously printed the stock, price, and number of shares sold on a strip of running tape. The cost was 300 dollars a year —say 255. a week for each instrument. The company has been an immense success, and there is not now a fashionable restaurant or bar-room, much leas neAvspaper-oflice or bank, which is not among its customers. A similar company is now to be organised for the convenience of lawyers ; and the number of cases on, and the general progress of business, will be ticked from each court-room to every subscribing lawyer's office. This will save men of large practice an immense amount of time, now spent in waiting for their cases to be called. Still another company of a similar kind has been formed, for the purpose of providing messengers, or sending a doctor or the police to a private house. Every house that subscribes 250 dollars a month will be able to make telegraphic calls at any hour of the day or night for a doctor or the police, or one of the company's messengers—the latter to be paid, of course, an extra charge for their services of 30 cents an honr. A nervous miser may have the calls right over his head, and, if disturbed by unusual noises, can have the police at the door within five minutes—that being the time guaranteed by the company. And a paterfamilias, in place of leaving a sick wife, and endangering his health by running half-nude for a doctor in ! the dead of night, may summon him in half the time by a journey across the chamber. I have no doubt whatever that the system will pay ; it agrees exactly with our ideas of civilization, and, ten years hence, we shall pay subscriptions as we now do our gas bills —as though for a necessity, no', a luxury.; What with our park boulevarus, and new French flat houses, and monster banks, and newspaper offices, and merchants' stores, and theatres and hotels, New York is rapidly becoming one of the handsomest cities in the world—indeed, next to Paris and Vienna, it is now without a rival.
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Bibliographic details
Cromwell Argus, Volume III, Issue 141, 23 July 1872, Page 7
Word Count
441Telegraphy in New York. Cromwell Argus, Volume III, Issue 141, 23 July 1872, Page 7
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