Here is a typical older-style overhead service with two lines:
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It's not clear from the photo, but in this case the upper line is the neutral and is bare.

Newer overhead drops use a single cable with concentric neutral (and outer PVC sheath). This one has clearly been converted from an older-style drop (note the spare porcelain insulator):
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And here's an wider view:
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This particular pole has only 2 of the 3 phases run to it (entering top left) and feeds four houses -- Two newer concentric cables going to the right, one older twin-cable drop to the left, plus one underground service. The thin line farther down the pole is telephone.



[This message has been edited by pauluk (edited 07-12-2002).]