its January, 1927, cash dividend being Dividend No. 143.
From a corporation with $1,000,000 capital, and very little
or no surplus, and only one small plant, in 1889, it has grown
to be the leading manufacturer of underground cables in the
United States, with an issued capital stock of $6,300,000,
in addition to an earned surplus in excess of that figure, and
with the most modern plants (named in the order of their
creation) in Pittsburgh, Oakland, or Emeryville, Cal., Perth
Amboy. N. J., Hamilton. Canada, and St. Louis, Mo
Its list of products has also expanded tremendously in
kind, as well as volume, from the small production of under-
ground cables only, in the beginning, until now it includes
not only all types of underground, aerial and submarine
cables, but copper rods and wire, brass and bronze rods
and wire, and practically all kinds of insulated wires and
cables, such as magnet wire, weatherproof wire and rubber-
covered wire. Its total volume of business has grown from
a few thousands to approximately $30,000,000 per annum.
The Standard Underground Cable Company’s products
are known and shipped to every state in the Union, and to
many foreign countries, and the strategic locations of its
plants enable it to procure its raw materials of manufacture,
and to serve its localized customers, to the best advantage
of all concerned.
Its district sales offices extend from the Atlantic to the
Pacific coasts, and include Boston, New York, Philadelphia,
Washington, Atlanta, Pittsburgh, Chicago, St. Louis, San
Francisco, Los Angeles and Seattle, besides having com-
mission agencies in various places in the United States and
in some foreign countries.
Its Pittsburgh plant, which is of special interest to
Pittsburghers, is located on the Allegheny Valley division
of the Pennsylvania Railroad, on Pike street, and extends
from Sixteenth street to Seventeenth street, a distance of
475 feet, covered with buildings, nearly all haviug five floors.
This plant is devoted mainly to the manufacture of lead-
covered cables for telephone, telegraph and electric light
and power service, and the manufacture of cable accessories,
such as terminals and junction boxes and splicing materials.