New-York tribune., 1912-04-20
WIRELESS ACROSS PACIFIC.
Western Union Makes Agree
ment with MarConi Companies.
NEW YORK-L0NDON DIRECT
Telephone and Telegraph OBJ
tains Virtual Control of All
Wireless Business.

Pursuant 10 tho policy OF extending the
coordinate branches OF the business since
the American Telephone and Telegraph
Company, in November. 1909, acquired con-
troll OF the Western Union Telegraph Com
pany, the latter company has entered into
an ARRANGEMENT with the Marconi Wireless
companies which will afford the Western
Union a transpaclfc wireless service. I'm
der the agreement marconigrams will be
received and delivered from the Western
Union of1oes in this country. In anticipa-
ton Of the agreement Western Union stock
made q net advance yesterday OF S9s points.
A statement issued by the Western Union
company in regard TO the new arrangement
was as follows:
The Western Union company has entered
into a traffic ARRANGEMENT with the Mar
conf company whereby the Western union
offices Will receive and deliver marcohl-
grams TO and from Europe. the agree
ment provides for the extension OF the
Marconi system from the Pacific Coast or
the United States to Hawaii, China, Japan
and the Philippines thus giving the west
ern Union company wireless uanSpaclnC
service.
Gets Control Of Wireless.
was said 1t virtually gives the Western
Union or its controlling body the Amerl-
can Telephone and Telegraph Company.
control OF all the wireless business, as the
Marconi company recently absorbed tpe
United Wireless Telegraph Company. Last
fall the Western Union greatly enlarged its
cable business by leasing the lines of the
Cable Company and the
Direct United States Cable Company. rms
gave tho Western Union interests exclusive
control OF Ave new transatlantic cables
which, with the three that the company
had been operating, secured for the com
pany an advantage Of one cable over the
seven operated in the Mackay group.
In line with the establishment of reduced
rates for delayed" telegraph messages and
night letters by telegraph, President Vail
of tho Western Union announced at the
time Of the extension of the cable system
that II was the intention OF the company
to afford the public new and more economic
facilities for cable business
A cable dispatch from London yesterday
anticipated the announcement by the West
ern Union OF the arrangement with the
Marconi companies. II stated that both the
English and American Marconi companies
had signed a working agreement with the
Western Union and the Great Northern
telegraph companies, providing the Mar
conf system with the benefit Of land sta
tions for the receipt and delivery OF mes
sages In the United States and Canada. the
Marconi companies afixing their sign
board to the Western Union signboards.
New York to London Direct.
Tho English Marconi company, II stated.
Is preparing to erect long distance wireless
apparatus, giving direct communication be-
tween New York and London. The Ameri-
can programme also provides, II was said,
for a long distance station I'm the vicinity
Of this city which will permit communica-
ton with Cuba, Panama and South Amer
ican countries.
The old Marconi stock. 80 par continued
10 go up by leaps and bounds yesterday on
the curb market About three hundred
shares were sold, as high as 1345. II opened
at $40, the high mark Of the day before,
and closed at s345 A decided break is ex-
nacted. because Of the unreasonable height
TO which the manipulators have pushed the
stock recently. Although the issue is not
listed on the curb, the listing committee
of the Curb Association ruled that all
trades in Marconi Wireless Of America. old
stock, made yesterday, must be in cash
unless otherwise stipulated. II was ex-
planned that the committee had taken such
action, with recognized jurisdiction even
over unlisted stock in order to protect the
buyers' rights to subscribe to the 100000
new capital stock Of the company, for
which the books close to-day. Otherwise
the buyers OF stock yesterday would lose
their right to the new subscription. as the
stock purchased would not be delivered to
them until Monday.