A Dividend From The Telegraph

The Now York and Buffalo Magnetic Telegraph Co., have declnred a dividonc of 2 por cenl. for the five montns ending 7th February. Th is is the first Magnetic dividend ever declared. The earnings of the line have been about $11,000 since 7th ofSept., of which the expenses have absorbed about one third. Of this dividend the patent ees get .$270, which may be considered the first practical rósult o