The Montgomery advertiser., 1906-04-21
MARCONI SHARES
May be the Means of BsiAs,ng wealth
 tO Many.
SMALL INVESTMENTS SOUGHT.

In offering the people or MontsomeIy an opportunity to buy Marcont shares we are giving them chance to lay the foundation of fortune in a small investment
 The company whose shares we are offering at $500 each is capitalized at s5. 100000 Its shares are all com mon. full paid, non n-assessable. There ara no preferred shares. no bonds. no debts or obligations of any kind what soever The company is organized un- der a special charter granted ny Par lament and under the laws Of tho Province of Ontario. No more than 4s per cent. of the stock is to be sold. Eff tytonc per cent. remains in the treas urv of the English company.
 These shares. now selling at $500, will soon advance to $7.0e; by the first of January. 1907. they ought to be sell ing at $fo.00. Within two years they ought. easily. to he worth $100. L
 We are repeatedly asked: 'If you believe this true why do you seek small investors for the stock of your company"
 < We answer: All public service cor norations derive their power and priv ileges from the people: all such cor porations depend for their prosperity upon the good will of the people with out the patronage and the good will of tse people 1t would be impossible to make such corporations profitable. therefore. 1t Is our policy to enlist the aid and the .co-operatioh of the peo- pie by offering them an opportunity to profit by the operations nf the compa- ny: we seek large number of small stock holders for the Marconi compa- mes in preference to small numhcr of large stockholders in order that the strengths of dollars may be behind them; in this we are but following the precedent of the railroad. telegraph and telephone companies: the Pennsyl- vapia Railroad Company, has h0,00o stockholders, the Western Union Tele- graph Company has over 27.00o ana the Bell Telephone Company has over f2.500 stockholders in the New England States alone
 If 1t we're possible to examine into the records of the electric light and companies, the kas and water com panies. 1t would be found that their stocks are spread broadcast through out the land in the hands of the small investor and that is the real source of the strength and power of those corporations. even the great railroads controlled and operated by the wealth. fest men of the nation and popularly supposed to be owned by them are in really owned by the people and are only controlled by the supposed own CTS through the proxies ana votes or the small stockholders
 It is our aim and intention to inter- est as many people as p 'ssible in the stock of the Marconi company in or der to enlist their aid in building up the business and in advertising the advantages of the system
 The people of Montgomery are of fered an opportunity to invest in tho shares of the company at $500 share in limited amounts oe from one share to two hundred.
 We have on our books the names of thousands of persons who are intend- ing to buy Marconi stock just as soon as the transatlantic system is opened for the transactions of public business; when that event is announced to the world there will be a grand rush to buy the stock: thousands will be str1v- ing to get into the company and under the law of supply and demand the price of shares will go soaring way up as did the Edison electric light stock which under the frantic efforts of the publicAto participate in the prospective profits rose in one years time from $100 to$4, 900 in value; just as General Electric stock which sold in the market
 in New York for $12 a share sold in less than a year at $1e0; just as the telephone stock which was sold from 25 cents to s1 share afterwards got to be worth many thousands of dollars a share.
 Conservative investors prefer to see a dollar actually in sight before they invest a dollar. but the man who wrests wealth from small capital Is the man who shrewdly looks ahead and recognizes the great possibilities or a given industry and then takes chance at the beginning. To him come the large rewards and they belong to him.
 We are giving you an opportunity here in Montgomery to prove to your own satisfaction that the Marconi Wireless telegraph will do all that we claim for it and great deal more. and if you cannot see that the great econ. omies effected by 1t fin the operation Of the telegraph afford enormous pronts to tho company then it Is simply be- cause you do not know how to figure. The facts are given for your consid- eration:
 There are ssoo,e0O,ooo invested in submarine cables The Marcont sys- tenn can duplicate the work perform cd hy these cables with an installation costing less than $1,0oo,o0o; the saving in the interest on the investment alone will be $11,9S0,000 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 -- give us $12,000.000 business year we will pay our stockholders over lso per cent. per annum in dividends. In asmueh as the cable companies earn more than the mere interest of the cost of their cables it is not reasonable to expect that there will be more than $12.o00.0O0 worth of business for the Marconi company to take. /The Wes- tern Union Telegraph Company earned last year something over $29,0O0.0oO and paid out in expenses something over $22.000, 900. leaving margin or $7. 7.O00,Ooo for dividends and surplus. If you will give serious thought to few facts you will see that more than half of this $22000.0o is for interest on the cost of cumbersome, unsightlv 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 compa- nies can and if we do earn as much money as the wire companies it is a certainty that we can pay larger dtvl- dends and accumulate larger surplus than they have done. It 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 tion eight years before it earned dividend; the Telephone Company waS in existence some seven years before its earnings edualled it's expenses; the