The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-10-04
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WIRELESS

OF the greatest inventions and dis
coveries Of all the world, probably
Steam. the Telegraph, Telephone.
Electric Light; Electric Power and the
Photograph are the greatest, and they
have paid large profits to the invent
ors, ranging from hundreds to thou
sands per cent. Admittedly the greatest
of all inventions, and destined to
be tn. most useful and profitable, IS
tn. Wireless Telegraph, invented by
MARCONl.
The people Of America are famil-
lar with the experiments and tests
that have been made with the MAR
COM SYSTEM in the past three
years, and of its successful application
to COMMERCIAL PURPOSES. It
is no longer an experiment, but a
demonstrated success. The system
has been adopted by the NEW YORK
HERALD for its great shipping de.
partm:nt by Lloyds, the world
renowned agency, and it is now in use
by all the leading OCEAN STEAMERS
in til. world. The English and Italian
navies have Endorsed the system, and
it has the favorable consideration Of
all the leading governments. Three
stations are now being built for the
UNITED STATES GOVERNMENT,
and Others are in operation.
THE MARCONI COMPANY has
plants in operation at Wellfleet, Cape
Cod, Mass; Nantucket Land Station;
Nantucket Light Station; sagaponack,
L. l.; Siasconset, Mass; Babylon, l. l.;
Chicago, ILL.,; Milwaukee, Wis ---;,:
The United States Government has
awarded the company contracts for
installing the system in Alaska, and the
Cuban Government has given the com.
pany the privilege of installing the
system in that Republic, which will
communicate with stations on the Flor
ida coast.
Enabling as It does communication
with vessels at SEA, travellers in all
parts Of the world may be in constant
touch with both their offices and homes.
The MARCONl WIRELESS TEL
EGRAPH COMPANY of America
has been organized to develop and
operate the system in the United
States. The directors of the COM
pany are E. Rollins Morse, of e. Rol.
Inns Morse & Bros. bankers. Boston.
Mass; Spencer Trask, of Spencer
Trask & Co., bankers, New York;
Guglielmo Marconi, inventor; En-
gene H. Lewis, of Eaton & Lewis, at
torney-at-law, New York; H. H, Nc
Clure, of McClure's Magazine, New
York; John D. Oppe, Montreal; w.
R. Belts, New York; Samuel Insult,
president Chicago Edison Co., Chicago;
Loyal l.. Smith, capitalist, Chicago;
Robert Goodbody. of Robert Goodbody
& Co., New York; Hon. John w.
Griggs, former Attorney General Of the
United States, New York; w. H. Bent
ley, New York.
GUGLlELM NO MARCONl.
| THOMAS A. EDISON, the great i'll.
ventor; PROF. MICHAEL IDVOR-
! SKY PUPIN, of Columbia College, are
| the consulting engineers OF the COM
pany.
The present stockholders of the
company include leading men of the
Bell Telephone Co., Western Union
and Postal Telegraph companies, high
| railroad officials, large Copper Mine
Operators, and leading Bankers, Mer-
chants and Professional men of thu
United States. 1t is estimated that one
Marconi station will earn SS)O,65O per
year net, or twelve per cent. On the
entire capital stock, and with fourteen
stations, the number of Transatlantic
cables in operation, earnings would be
over 100000 per annum net, or
$50 per cent. on its capital stock, which
would make the stock worth at least
1900 per cent. above par. The com.
pany has already S25O,OOO invested in
plants, and will extend its operations
as rapidly as conservative business prin-
ciples will warrant.
The possibilities o. increase in the value
OF securities Of this character are Illus
trated by the following examples: Edison
Light shares, which sold at $4,000 each
within one year after they were first
offered at 500. Purchasers OF the shares
Of the Edison Illuminating Company.
corporation doing business only in New
York City, made over 800 per cent. upon
the original investment. The profit TO an
original investor Of $500 in the Bell TeIe-
phone Company during the twenty-five
wears OF its existence has been over
[! $500, O00 Those who bought Eastman
Kodak shares when first offered may now
live comfortably from their original in
vestment.
That the Marconi system Of Wireless
Telegraph is the greatest invention OF
all the ages" will be readily recognized,
and that il Is the most promising field for
investment now before the American
public will be conceded by all thinking