The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-02-07

possible financial basis. Enough capital only
l Sas auth2 proserlf to a ssiab 1nse,v and Sc sS1 S%nn5 ,sa
1t would have stood 800, o9.0, and been 40
Of the promoters employing modern unsound
methods.
The Marconi system has the very great ad-
same as the Bell telephone. and the services
of Thomas a Edison and others of the worlds
Professor Pupin Of columbia college. 50 that
al vii! aS sSn, Hspp shs ael D. irssi SsmBBa business IS man nam
and bankers. whose aim is to take advantage
esssful introduc.ion and operation Of this. th.
most important and useful discovery OF all
time.
r mes ssc co IcsITsc It h Raf Its oys s:a is at y A%s TEAM, H.
Telegraph COMPANY by which a message may
tTans depTsiied d In anv any y, 81 she is ose s;09 s,es sf1sss sa al
naval vessels equipped with the SYSTEM
Marconf, Thomas A. Edison and
Prof. Pupin are the Consulting En-
gineers of the Company.
The Marconi system has tn. Endorsement OF
the press Of :he United States
Our offerings OF the securities Of the Marconi
company have resulted probably In the larges.
sale in the same length Of time OF any securi-
ties offered TO the public. Orders have come
from all sections Of the country. and from all
classes OF investors including bankers. mer-
chants. manufacturers. professional men. farm
ers. mechanics and all thrifty people. notably
many investors in the Bell telephone and Che
electric light. who, by their investments in
these securities. learned the great opportunity
they afford for profit by the increase in price
and permanent dividends. and by stockholders
of the Western Union and Postal Telegraph
companies. The profits to the investor in Mar
conf certificates should exceed those of the tele-
phone and the electric light, great as they were.
Its earnings are liable TO be hundreds per cent
a year on the present very low basis of capi-
talization. The possibilities Of increase In the
value of securities Of this character are illus
trated by the following examples: Edison Eiec-
trio Light shares. which sold at $1,000 cash
within one year after they were first offered
at 500; purchasers Of the shares Of the Edison
Illuminating Company. a corporation doing
business only in New York City. made over
600 per cent on the original investment. Inc
profit to an original investor OF 800 In the Bell
Telephone Company has been over $90.@o:
those who bought Eastman Kodak shares when
first offered may now live comfortably without
work from their original investment. The Mar
conf securities In England. which were put out
at S per share. now sell at 81 per share on
the London Exchange. thus showing how
closely they follow telephone and other electric
stocks.
A few OF the many inuofSe1neiitS VI lHe VIA
conf System by the press and prominent men OF
the United States:
New York World. Oct. 10. o
when the Bell Telephone stock was first
put upon the market. twenty-five years ago. 1t
went begging at 81 a share. but hoo then In
vested increased to more than s1.coo.oc. and the
profits o. an original investor Of Sioo.oo are
more than s3o.0oo.
1.-The scope Of the Wireless System Is wider
than that of the Bell Telephone. 1t Is not I'M
reasonable to assume. therefore,. that great for
tunes can be made by moderate Investments In
the Marconi securities. and that small investors
will become Independently wealthy within a
few wears. 1t is likely that certificates repre-
sentina IS. 90 will increase in value 200. or even
800 fold"
Joseph =. Eyre says,
"Wireless telegraph in Its commercial ana
crorc,aI ASPECT is the most attractive and
n,mnisins investment before the public to-day
prof. j. A. Fleming of University
College, London, says:
.Marconi deserves all the credit. He has