The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-03-18
MARCONI SHARES
May Be the Means of Bringing Wealts
to Many.
SMALL INVESTMENTS SOUGHT.


In Offering the people of Birmingham an
opportunity to buy Marconi shares We
are giving them a chance to lay the foun-
dalton of a fortune in a small investment.
The company whose shares we are Of
fering at $500 each Is capitalized al So
0O0,000. Its shares are all common, full
paid, worcestershire. There are no pre-
ferred shares, no bonds no debts or obli-
cations of any kind whatsoever. The
company Is organized under special
charter granted by Parliament and under
the laws of the Province of Ontario. No
more than 40 per cent. of the stock is
to be sold. Fifty-one per cent. remains
in the treasury of the English company.
These shares, now selling at $500, will
soon advance TO 500; by the first cf
January 1907 they ought to be selling at
$1,000 Within two years they ought, easi-
| y, To be worth 500.
We are repeatedly asked: "lf You be-
iieve this true why do you seek small in
vestors for the stock of your company?
| We answer: All public service corpora
tons derive their power and privilege :
from the people; all such corporations de-
pend for their prosperity upon the good
will of the people: without the patronag
]
be impossible to make such corporations
profitable therefore 1t IS our policy to
enlist the aid and the cooperation of the
people by offering them an opportunity
to profit by the operations of the compa-
ny; we seek a large number of small
stock holders for the Mareoni companies
in preference 20 a small number of large
stockholders in order that the strength
of numbers as well as the strength OF
dollars may be behind them: in this we
are but following the precedent of the
railroad, telegraph and telephone compa-
MES: the PENNSYLVANIA Railroad Company
has 30. 600 stockholders. the Western Unior
Telegraph Company has over 270e0 and
the Bell Telephone Company has over
1850 stockholders in the New England
states alone.
II 1t were possible to examine into the
! records of the electric light and power
| companies the gas and water companies,
1t would be found that their stocks arc
spread broadcast throughout the land In
the hands of the small investor and that
this is the real source of the strength and
power OF those corporations; even the
great railroads controlled and operated by
the wealthiest men OF the nation and
popularity supposed to be owned by them
are in reality owned by the people and
are only controlled by the supposed own
| ers through the proxies and votes of the
small stockholders.
n is our aim and intention to interest
as MANY people as possible in the stock
| OF the Mareoni company in order to en-
list their aid in building up the. business
and in advertising the advantages of the
| system
The people OF Birmingham are offered an
| opportunity to invest in the shares IF the
company at $500 a share in limited
amounts of from one share to two hun
| bred
We have on our books the names Of
thousands of persons who are intending to
| buy Marconi stock just as soon as the
Transatlantic system is opened for the
| transactions of public business when
that event is announced 70 the world
! there will be grand rush to buy the
stock, thousands viii be striving TO get
into the companS and under the law OF
SIMPLY and demand the price nf shares
| will 20 soaring way M as did the Edison
electric light stock which under the fran
tic efforts or the public to participate IN
| the prospective profits rose In one years
time from 500 to $1,000 in value just as
General Electric stock which sold in the
market in New York for s12 share sold
In less than year a t 500: just a s the tel
ephone stock which was sold from .
cents to 81 share afterwards got TO be
worth MANY thousands OF dollars q share
| Conservative investors nrefer to see =
dollar actually in sight before they in
| vest a dollar. but the man who wresfs
wealth from small capital is the man
who shrewdlv looks ahead and RECOGNIZES
| the great possibilities OF a given industry
and then takes a chance at the beginning
| To him come tho large rewards and
they belong TO him.
We are giving you an opportunity hero ir
birmingham to prove to yonr own salts
| faction that the Marconi Wireless tele-
graph will do all that we claim for 1t and
| great deal more. and If Won cannot
see that the great economies effected BY
1t in the operation OF the telegraph afford
| enormous profits to the company then
| 1t is simply because you do not know how
to figure The facts are given for your
| consideration
There arc $500 mo 600 invested in transat-
lantic cables. The Marconi system car
! duplicate the work performed by these ca
bles with an installation costing less than
| ST. 900, 600; the saving in the interest on the
| investment alone will be S11 $50 900 at
per cent. per annum. more than double
| the total capitalization of the company
whose shares we are offering you. There
| fore we say to the public if YOU will
give us s12,00O000 business year we will
pay our stockholders over $50 per cent.
per annum in dividends. Inasmuch as
| the cable companies earn more than the
mere interest of the cost of their cables
| 1t is not unreasonable to expect that ther
will be more than $12.O00000 worth of
bushes for the Marconi Company to take
| The Western Union Telegraph Company
| earned last year something over 500
900 and paid out in expenses something
over s92000.0. leaving a margin of ST.
100000 for dividends and surplus. II you
will give serious thought to a few facts
| YOU will see that more than half of this
| 800. coo coo is for interest on the cost OF
| cumbersome. unsightly and useless wires.
| We give you. actual demonstrations to
| show you that we can do without wires
anything that can be done with them. We
| prove that to the mind of any intelligent
man. Now, If we can do all these things
without wires we can earn as much money
as The telegraph companies can and If we
do earn az much money as the wire cont
panies II is a certainty that we can pay
larger dividends and accumulate a larger
surplus than they have done. 1t must
not be expected that because we say that
we can do these things that we promise
| to do them this year or next year; the
Western Union Company was in opera
ton eight years before it earned a divi-
dend; the Telephone Company was in ex-
stence some seven years before It's earn
ngs equalled its expenses; the telegraph
has been sixey years reaching its pres
ent state of developments the telephone
has been over % years in reaching its
present condition; commercially the Mar
| conf system is only three years of age and
its earnings are already equal to its ex-
| pendiUres: the company's commercial
operations are already on self support
ing basis
The small amount of stock that will be