Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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$60,857,668.00 with an additional $7,361,291.00 worth of plant under construction. In 1954, the average cost to add a telephone was $241.78. In 1970 this cost had soared to $550.85, an increase of 128 percent. During 1970, $12.68 was levied against each Company telephone for Federal taxes while another $11.06 was paid in other taxes making a total of $23.74 in taxes for each telephone.
To continue to provide adequate service to its subscribers, Virginia Telephone & Telegraph Company has increased its employment for 494 in 1954 to 1,060 at the present time. Interest rates were generally less than 3.5 percent prior to 1954 and averaged about
89.6%