l°ib (o -1 9 0 7

Marconi’s Wireless Telegraph Company

(LIMITED)

18 Finch Lane, London, E. C., Eng.

CAPITAL STOCK AUTHORIZED (£500,000), $2,500,000

Directors.
JA M E S F I T Z G E R A L D B A N N A T Y N E , H E N R Y C U T H B E R T H A L L , M anaging Director
H E N R Y J A M E S O N D A V IS , COM. G U G L IE L M O M A R C O N I, LL.D., D. Sc.
C O L O N E L S IR C H A R L E S E U A N S M IT H , A L B E R T L I O N E L OC HS,
K. C. B., C. S I., Chairman. M A JO R S A M U E L F L O O D PA G E.
W IL L IA M W O O D C O C K GOODBODY, H E N R Y SPEA RM A N SAUNDERS.
X
Auditors.
M ESSR S. C O O P E R B R O T H E R S & CO.

Solicitors.
M ES SR S . H O L L A M S , SONS, C O W A R D & H A W K S L E Y .

Secretary,
H E N R Y W . A L L E N , F. C. I. S.

T H IS CO M PA NY IS T H E H O L D IN G CO R PO R A TIO N O W N IN G A N D O PE R A T IN G
T H R O U G H STOCK CO NTRO L, T H E F O L L O W IN G NAM ED
S U B SID IA R Y C O M PA N IES:

C A P IT A L STOCK.
M A R C O N I I N T E R N A T I O N A L M A R I N E C O M M U N I C A T IO N CO., L T D ...................... $1,000,000
C IE. F R A N C A IS E M A R I T I M E E T C O L O N I A L E D E T E L E G R A P H I E SANS F I L . . 5,000,000
M A R C O N I W I R E L E S S T E L E G R A P H C O M P A N Y O F A M E R I C A . . . ............................... 6,650,000
M A R C O N I W I R E L E S S T E L E G R A P H C O M P A N Y O F C ANAD A, L T D ............................ 5,000,000
M A R C O N I W I R E L E S S T E L E G R A P H C O M P A N Y O F T H E A R G E N T I N E R E P ’L IC 6,750,000
(C O M P A N I A M A R C O N I D I T E L E G R A F I A S IX H I L O S D E L R IO D E LA P L A T A ) 6,750,000

Total capital of subsidiary companies $31,150,000

MUNROE & MUNROE

BOSTON 27 WILLIAM ST., NEW YORK MONTREAL

H. G. ROBINSON, Special Representative

HALL, 14th AND WEBSTER STS. OAKLAND, CALIFORNIA

J.
v,
Society of Wireless Pioneers - California Historical Radio Society
 M A R CO N I’S W IR E L E S S T E L E G R A P H COMPANY, Limited,

Is the parent company, ow ning and controlling the Marconi System of telegraphic communication
w ithout wires throughout the entire world. All other companies operating the same are now and must
hereafter ever be under heavy tribute to the parent company. This company is the owner of a m ajor­
ity of the stock of every such corporation ever organized in any part .of the world.
These subsidiary organizations now carrying on the business of wireless telegraphy have con­
tributed to the treasury of this company more than double the total share capital of this company and
from the future operations of these subsidiary concerns it is reasonable to expect that the annual reve­
nues will be sufficient to pay a larger dividend than is paid by any other telegraph company.
In addition to this controlling interest this company m anufactures the Marconi instruments, and
for this purpose maintains a large factory at Chelmsford, Essex County, England, where the capacity
of the works is now overtaxed in order to supply the demand, notw ithstanding that it has recently
been very greatly enlarged. These instruments" and the equipment for the operation of wireless tele­
graph stations in various parts of the world afford the company a very considerable and a very profit­
able revenue.
In addition to the m anufacture of wireless telegraph instrum ents the company also conducts a
business in the m anufacture and sale of a wide variety of electrical scientific instrum ents and e q u ip ­
ment for various purposes, the development of the company's electrical engineers and specialists,
which also afford a large profit to the company.
The m anagem ent of the company is vested in its board of directors, all of whom are men high in
the council of the British government, or of high standing in the world of British and continental
finance. S im ilarly‘the boards of directors of the subsidiary organizations are composed of the leading
men in politics and finance th roughout the world.
Neither the parent company nor any of its subsidiary companies has ever been subjected to a reor­
ganization since this company was organized, and its affairs are not now nor ever were subject to the
interference of any outside influences; its history is one unbroken record of honorable and rapid prog­
ress.
Persons investing in the shares of this corporation are assured that their interests are being cared
for by men of the highest standard of honesty and integrity, statesmen and financiers who represent in
the aggregate a wealth many hundreds of times in excess of tho. capital of all the Marconi companies.
U nder British law directors are held to a strict accountability to their shareholders for the safety of
their invested funds.
The annual reports of the company show a steady growth in wealth on the part of the company,
which now takes rank as one of the most important of the world's great commercial organizations.

P A T R O N I Z E D BY T H E B R I T IS H G O V E R N M E N T .

This company enjoys the complete favor and confidence of Great Britain. U nder parliamentary
enactm ent it has been entrusted with the equipment of all the battleships of the British navy with wire­
less telegraph ; it has equipped the entire lighthouse system of the British coast with the Marconi sys­
tem ; it is co-operating with the General Postoffice in the despatch and delivery of wireless telegrams.
It has long term contracts with Lloyd’s the greatest shipping agency in the world, under the
term s of which stations have been or are to be established in all quarters of the globe.
This company is charged with the responsibility of the development of wireless telegraph thro u g h ­
out the world, and in consequence is brought into confidential relationship with all the great govern­
ments. It is heavily subsidized by the Canadian government, the Canadian Marconi Company h aving
built a chain of stations on the Canadian seaboard which have proved through a period of y e a r s ^ ^ b c
an indispensable aid to shipping and an invaluable adjunct to the life-saving service. It is uncLer con­
tract to the Russian government, the Italian government and the governments of France, S p a in * th e
Netherlands, and the nations of South America. It is rapidly becoming a world power co-o}H mate iff
with the governments of the earth, for of necessity it must be charged with the secrets and tl|ere
enjoy the confidence of all.
'
 T H E F U T U R E OF T H E W IR E L E S S T E L E G R A P H .

W ith the recent accomplishments of the wirele s telegraph everyone is familiar; it is with the
future that the investor is most concerned. T h a t the future will enable the wireless to wholly supplant
the cables is the opinion of the most celebrated authorities. But it is with the more immediate future
th at we are chiefly concerned The completion of the company's high-power stations on the west coast
of Ireland and in Canada for transatlantic communication is a m atter of but a comparatively few
months, and when these are in w orking order their great economy and facility over the connecting
cables will divert to them the great majority of all the traffic of the cables. The pathw ays of the sea
are now as completely under daily observation from the shore as are the iron highways upon the land.
Dispatches between ship and shore have ceased to excite wonder and comment, and there remains to
the sea only the development of an effective system of patrol to make marine travel as safe as land.
That this is one of the certainties of the future cannot be disputed, as wireless telegraphy has already
dem onstrated its efficiency in w arning ships of unsuspected dangers, and when the governments shall
have combined to maintain an oversight of the entire ocean its dangers will disappear. These possi­
bilities of the future promise earnings beyond the dream of man.

OVERLA N D W IR E L E SS TELEG R A PH .

Many persons have the belief that the wireless telegraph is effective only upon the w ater; this is a
mistaken notion due to the fact that the chief developments of the system have taken place on the sea,
where there existed no previous means of communication. By the Marconi method overland communi­
cation is just as effective and satisfactory as overseas. The system is now employed in aid of railway
operation. T he field of the com pany’s operations is so world-wdde that whereas it has made the most
wonderful progress imaginable, the evidences of it are not apparent to the ordinary observer. In con­
necting distant islands with the mainland, as, for example, Iceland and some of the channel islands, as
well as many others more remote in all parts of the world, it has had its facilities severely taxed, not to
speak of installing an overland system in distant and isolated regions where there are no wires. These
duties, together with the necessity of devising new means for the service of army, and navy and for the
m erchant marine, have absorbed the attention of the company's experts and m anufacturing facilities;
the system is grow ing nevertheless, as is evidenced by the fact that the business of the subsidiary com­
panies has increased 100 per cent, annually for the past three years. This rate of increase persisted in
will make it one of the greatest money-making companies in the world within the next ten years.

C O M PA R A T IV E V A L U E O F T H E S E SHARES.

W hen it js considered that the ownership of one of the shares of this company carries with it the
benefits of the ownership of practically one-half of one share in each of the other corporations, it will
be recognized lit once that these shares are the most valuable of all. Considered in this light the actual
value of one of these shares is practically $40, and will doubtless reach that price within a very short
time.

PR IC E SU B JECT TO CHANG E HOU RLY .

^ ■ w i n g to the rapidly grow ing recognition of the superior value of the shares of this company the
price is Subject to sudden increase, and subscriptions are invited only upon the distinct understanding
rjiat the jlfice is subject to m om entary advance upon telegraphic advices, and the price named herein is
ffejfehnJBinly jn the absence of prior notice of an advance.
 T H IN G S W O R T H K N O W IN G A B O U T T H E M ARCONI SYSTEM
The Marconi system of wireless telegraphy has
passed beyond the experimental stage, and is
now one of the recognized factors of modern
every-day business life.
This has been accomplished by the liberal ex­
penditure of money, and by the steadfast devo­
tion of the inventor and his associates to the
study of the problems presented by the new sci­
ence.
Success has crowned their efforts, and each
obstacle to progress has been successively swept
aside, until to-day wireless telegraph is in the
position to supplant wire systems, w hether sub­
marine or overland.
C om mander Spain, of the Canadian Marine
Service, in his annual report gives his unqual­
ified endorsement to the operations of the M ar­
coni system.
T he Marconi wireless system is already in pos­
session of the field of wireless telegraphy, and,
through its contracts and binding relations with
powerful and dom inant factors, is so established
therein th a t opportunity no longer exists for any
C O M M E R C IA L
The Marconi System has made co-operative
commercial alliance with the established tele­
graph systems, and Marconi messages are now
received at every W e ste rn Union, Postal T ele­
graph, Great N orthw estern, C. P. R. R. and Do­
minion Telegraph office in the land, and every
such office is a receiving and distributing agency
for Marconigrams.
A speed of transmission of thirty-five words
per m inute has been attained as the average pres­
ent practice. Appliances and im provements in
hand and in process of patenting for obtaining
substantially 100 words a minute. More than
8,000 words have been transm itted from a ship
to shore within a few hours.
In case of danger, assistance may be called,
cargoes and vessels may be saved, and for these
reasons the cost of insurance be materially les­
sened.
By its use ships may inquire at ports of call
for news or instructions w ithout entering the
harbor, and may thus avoid the paym ent of heavy
harbor dues, dockage, pilot’s fees, the risk of col­
lisions and loss of time.
O verland communication can be maintained
with a moving base, such as railway trains, and
the danger of accidents be greatly reduced.
In military operations its applicability and ad­
vantages are obvious.
The Marconi system operates in all variations
of atmospheric conditions, w hether dry or humid,
other com pany or system to become similarly
established
In addition to the protection of its patents,
these contracts in some cases have been secured
after the other parties to them had spent hun­
dreds of thousands of dollars in trying to substi­
tute other means instead of the Marconi sys­
tem, and after attem pting to evade the legal
rights of the company.
T he largest and most im portant users of tele­
graphic communication . throughout the globe
have adopted exclusively the Marconi sys­
tem, and by their contracts cannot hold commu­
nication through any other instruments.
There can be but one standard system of wire­
less telegraphy, and th at standard must be M ar­
coni's.
Perhaps the most remarkable fact in the his­
tory of this company is that it has been enabled
to make such wonderful progress without incur­
ring indebtedness. T H E R E A R E NO B ONDS,
N O T E S , M O R T G A G E S N O R O T H E R FO R M
O F O U T S T A N D I N G O B L IG A T IO N S .
A L L IA N C E S .
and experience shows that in fogs and in storms
of rain and snow its operation is at its best.
In point of distance there is no known limit,
experience indicating th at the waves conform to
the surface and curvature of the earth, and only
additional power is required to send them to any
distance
In overland communication the Marconi may
at small cost be substituted for existing systems
which are capitalized for hundreds of millions
of dollars.
T he Marconi s y s t e m avoids the cost of rights-
of-way, land wires, damages, legal obstructions,
delays, taxes, and the repairs and maintenance
thereof.
In addition to its general usefulness, it has
special fitness and adaptability for use in fields of
its own where other means cannot be success­
fully employed.
Over routes of ice and snow the action of the
elements and climatic conditions are destructive
to overland wire lines. T he use of the wireless
system avoids these difficulties. In regions dif­
ficult of access, . or having imperfect h ig h w a y ^
or lines of communication, or where natives, are
likely to destroy, lines, the Marconi is the only
practicable system.
As a safeguard and an instrum entality in the.
protection and saving of human life™the£iTCrs
coni system is pre-eminent.
 Its use upon vessels will in time become prac­
tically compulsory, as well through the force of
public opinion as by legal requirement.
T he cost of the ordinary transatlantic marine
cable is about $4,000,000, and the cost of m ainte­
nance is heavy. T he cost of the two Marconi
stations for transatlantic transmission is less
than $400,000, and the cost of m aintenance is
small.
T he capitalization of the various cable and tel­
egraph lines is several hundreds of millions, and
the annual business transacted am ounts to a fab­
ulous sum.
The daily transatlantic communications be-
E A R N IN G P O W E R O F M A R C O N I S Y S T E M .
In separate documents we show the anticipat­
ed earnings of the various branches of the M ar­
coni service. W e briefly state them here, and
those who wish the fuller details .may have them
upon request:
N et annual earnings, ocean press service $730,000
Net annual earnings, transatlantic ser­
vice, with one circuit in operation. . . 830,950
Net earnings, transpacific service, with
one circuit in o p e ratio n ....................... 976,000
T o t a l ......................................................... $2,536,950
W ith the transatlantic service developed to a
stage equal to th at of the present cable service,
the net income would be over $10,000,000, or
more than 150 per cent per annum on the capital
stock.
Marconi’s Earnings for One Voyage of One
Ship. T he earnings of the S. S. Lusitania on her
maiden voyage $2044. Expenses to Company
Less than $100.00.
This to the average reader, may seem an ex­
trav a g an t estimate, but when it is considered
th a t notw ithstanding the keen competition of
gas, the electric light, according to the United
States census, now earns $10,000,000 per annum
more than gas, and th at the net earnings of the
electric light systems of the United States were
over $85,000,000 last year, it will not seem at all
improbable th a t wireless telegraphy will have a
parallel history.
W h e n Thom as A. Edison, now one of the tech­
nical advisers of the Marconi company, invented
the electric light, its future was more doubtful
and uncertain than wireless telegraphy has ever
been. It was eight years after the first Edison
.company, began operations before it earned a dol­
l a r . Nevertheless its stockholders made millions
i m m their investments.
W hen une considers that the telephone, a
wholly new and untried invention, has in twenty-
fivU years added over a billion dollars to the
tween American and European points am ount
to an average of over 100,000 words, at an aver­
age of 25 cents toll per word. It is evident that
a small fraction of this business alone will be
sufficient to provide handsome dividends upon
the Marconi capitalization, to say nothing of the
special fields, belonging exclusively to the M ar­
coni system.
It will therefore be seen that the business that
is exclusively the province of the Marconi sys­
tem and the share of that which its advantages,
adaptability and rates enable it to demand, pro­
vide the basis of a large and profitable revenue,
and an almost unlimited future of expansion and
profits.
-
w orld’s wealth, and when one observes that the
net annual dividends of one telephone company
alone (The American Telephone & Telegraph
Co.) in 1903 reached the enormous sum of $8,-
619,550.00, he will not fail to reach the conclu­
sion that our estimate of wireless earnings is
conservative.
Therefore, TO -D A Y , in Marconi wireless tele­
graph, is for the small investor.
It is a well accepted fact th at there is no royal
road to wealth. It m ust be secured through the
wise investm ent of such funds as the individual
may command. H istory shows that inventions
which meet a world-wide commercial demand
reap a greater financial reward than any other
form of business. It obviously follows that
money invested in such an enterprise is more
sure to increase with maximum rapidity than
through any other channel. But it is also essen­
tial that the money invested should, if possible,
be devoted to the new enterprise when it is
young and its future and enhancing value are
before it. The Marconi system has absolutely
proven its commercial success, but is still in its
infancy. Its great money earning possibilities
are still ahead of it. There is no invention since
the telephone with anything like the world-wide
demand for practical wireless telegraphy, and
that means the Marconi system.
W h e n Bell Telephone was first offered to the
public a newspaper man declined the company’s
secretaryship because stock was offered in pay­
ment. For the same reason a m anufacturer re­
fused a contract to make Bell instruments. One
share of the stock then declined is worth t o d a y
$25,000. A spry man secured a telephone license
for Michigan. H e was ridiculed for “going into
the toy business.” A Boston m anufacturer ac­
cepted stock as paym ent for m aking Bell instru­
ments. Both the latter awoke rich men. T h o u ­
sands in the United States owe their present
comfortable incomes to small and early invest­
ments in Bell Telephone or W este rn Union.
V <

R eceiving a M essage on Board S. S. K aiser W ilhelm der Grosse

In terio r of a M arconi Shore Station.

T he M arconi Factory at C helm sford.

The M arconi S tation at B abylon, Long Island,
 The M arconi Cabin on an O cean L in er.

T ype of th e Long D istance S tations, Poldhu, C ornw all,

and Cape Cod, M ass.

T he New M arconi Station at Sea Gate,

New York Harbor.

-
T he N ew M arconi E q u ip m en t for W a r S ervice.
A Station of this type can be erected and operating in 30 m in u tes.

T he M arconi Station at Sagaponack — a Typical

M edium -D istance L and Station.
 T H E M ARCONI IN V E N T IO N IS SO T R U L Y R E M A R K A BL E IN T H E F IE L D OF SCI­
E NCE A N D OF SUCH T R E M E N D O U S COM M ERCIAL P O S SIB IL IT IE S T H A T IT IS NO T
S U R P R ISIN G TO SE E T H E D A IL Y PR E SS A N D P R O M IN E N T MEN C O N STA N TLY
SIN G IN G ITS P R A ISE A N D E X P R E S SIN G T H E IR U N Q U A L IF IE D E N D O R SE M E N T OF
T H E A C H IE V E M E N T S OF MARCONI. H E R E ARE A F E W IN ST A N C E S OF PRACTICAL
A C C O M PL ISH M E N T S BY T H E MARCONI SYSTEM A N D SOM E OF T H E M ANY O PIN IO N S
E X P R E S SE D BY M EN E M IN E N T IN A L L W A L K S OF L IFE.

WHAT THE MARCONI SYSTEM HAS W H A T GREAT MEN, G O V ERN M EN TS

D O N E A N D IS D O IN G . A N D T H E P R E S S T H I N K O F IT.
Sent and received messages over 3,000 miles. It is adopted by the British Navy.

Endorsed by the Shipping Federation of

Transferred money between passing ships. Canada.

It is officially adopted and subsidized by Can­

Enabled passengers of passing steamers to en­
gage in games of chess.
Served the London Tim es with press reports
from the LInited States
Message sent by Lord Minto to K ing Edw ard
from Glace Bay to Poldlni.
A speed of 35 words per minute in transm is­
sion and receipt of messages.
Successfully reported the International Yacht
races for the Associated Press.
Communicated from Cornwall, England, to
Gibraltar, over land and over sea.
Sent and received messages across the conti­
nent of Europe from England to Kronstadt, St.
P etersburg, Russia.
ada and Newfoundland.
It is used exclusively by all departm ents of the
Italian government.
It is adopted exclusively by Lloyds, the great­
est shipping agency in the world.
It is endorsed by the world’s greatest scientists,
Lord Kelvin, Thom as A. Edison, M. I. Pupin,
and others.
Endorsed by the Association of Chambers of
Commerce for the United Kingdom in convention
at London.
London Tim es says: “W e can communicate
with every ship1 on the Atlantic (by Marconi-
grap'h) as well as with its opposite shore.”
Pronounced “m an ’s greatest achievement” by
38 out of 70 leading scientists, jurists, lawyers,
financiers, collegians and educators in the United
States, in answer to an inquiry of the New York
World.

Sent and received the greetings and congratu­
lations of President Roosevelt to King Edw ard
from the U nited States to England.
Supplies news for publication of daily new s­
papers on board transatlantic steamships from
time of departure to m oment of arrival.
Has been ordered under contract by the E n g ­
lish governm ent to install its system in the light­
houses lying off the English coast, and has
proven a valuable supplem entary aid to this form
^ o f navigation protection.
The New York Sun: “ From the time the big
ship left the other side until the pilot came
aboard near Sandy Hook the passengers found
the news of the world in condensed form beside
their napkins.”
James Gordon Bennett says: “Newspaper of­
fices in a hundred cities of the United States will
soon be equipped with apparatus for receiving
messages by M arconigraph from a central sta­
tion.” For over two years the New York Herald
has been printing shipping news from the M ar­
coni stations, oftentimes three or four days prior
to the arrival of the steamer in port.
,j *

W H A T T H E MARCONI SYSTEM HAS
D O N E A N D IS D O IN G .
C ongratulatory messages from Governor Gen­
eral of Canada to British Government.
Supplies news, commercial and service mes­
sages to over one hundred ocean going ste a m ­
ships.
Reported accident to SS. K ronland to its ow n­
ers, who sent tug to its relief, saving thousands
of dollars’ expense and lost time.
Sent and received several messages sim ultane­
ously between two stations, thus dem onstrating
the success and practicability of a multiplex s y s­
tem.
Messages received on the battleship Carlo A l­
berto from Poldhu in various parts of the world,
at long distances, during a voyage undertaken to
test the system.
The only system regularly accepting com m er­
cial messages at any telegraph office in the
United States and Canada for transmission to
transatlantic steamships
Has traffic arrangem ents with W estern Union
and Postal Telegraph. Receives messages at and
delivers messages to any one of the 50,000 offices
of the above companies in the United States and
Canada.
Melville E. Stone, M anager Associated Press,
speaking of the yacht race, r e p o r t s : “It was a
triumph of which Marconi could well be proud.”
A telegraphic code compiled for the Marconi
system sold out and a new edition is now under
way.
Passengers on a disabled transatlantic liner
were able to reassure friends ashore of their
safety despite accident to the vessel.
In constant use by press correspondents in re­
porting interviews and information obtained on
shipboard to their papers ashore.
W orked constantly and accurately during a
severe storm between the N antucket Shoals
Lightship and Siasconset, when land wires failed.
Savedi 250 Lives.—T he French warship Sully
sank off the coast of France. W hen going down
she called for help by the Marconi service, and
the Gueydon, which was 200 miles away, came
to the rescue and picked up the two hundred and
fifty persons then adrift in the open ocean.
H as increased its sources of'revenue and field
of effort with such rapidity as to exceed the ex­
pectations of its founders and to call forth words
of w arning from leaders in the world of telephone
and telegraph who can no longer close their eyes
to the inroads which it is m aking and the danger
which it presents of supplanting them.
Forew arned the Minneapolis of the dangerous
proxim ity of the Teutonic, and thereby prevented
rJ iat m ight have been one of the most fright­
fully j ^ r r i b l e sea disasters in the historyr f navi-
gati
f
W H A T G R E A T M EN , G O V E R N M E N T S
A N D T H E P R E S S T H I N K O F IT.
Inform ed Frederic T hom pson in midocean that
Luna P ark had not been destroyed in the Coney
Island fire, as cablegram had previously informed
him.
A ndrew C arn e g ie: “Marconi has already done
a lifetime’s work, but he is going to do another.
He is a wonderful young man I believe in him
thoroughly.”
New York H erald : “W hen the land lines
could not withstand the storm and the N antuckef
was isolated, the wireless system between Sias­
conset and South Shoals worked perfectly.”
Capt. A. B. Parsons, President of the Maritime
Association, s a y s : “T he entire shipping world
is deeply interested in the development of this
new system for the transmission of news.”
New York W o r l d : “H ard er work in promo­
tion has seldom been required than that which
was necessary to form a company for the ex­
ploitation of the telephone. . . . . After the same*
fashion the Marconi invention is set aside as an
‘interesting scientific experiment.’ But it is more
than interesting.” Later the W o rld pronounced
the Marconi system a commercial success.
Joseph F. F ry e: “Wireless telegraphy is the
most attractive and promising investment before
the public to-day.”
New Y ork T i m e s : “ . . . . the commercialism
of wireless telegraphy has been surprisingly
rapid . . . . the rew ard of Marconi will be very
great.”
V ernon H. Brown, American M anager Cunard
Steamship C o .: “T he use of the Marconi system
has been of inestimable convenience and value to
all shipping interests . . . its discontinuance
might be the cause of calamity which would be
provided against by the receipt of prom pt infor­
mation of any ship in distress.”
W h a t I saw was som ething new. Marconi had
made a discovery; he worked with means, the
full importance of which had not been recog­
nized. — Prof. Slaby of Germany.
I thoroughly believe in the practical success of
the Marconi Wireless Telegraph System. The
statem ents made by me respecting wireless teleg­
raphy referred solely to the Marconi System. I
have a high appreciation of the work accom­
plished by Marconi, and I wish his company great
success. — Lord Kelvin.
Marconi deserves all the credit. H e has done a
great work. The wonder of it cannot but strike
the mind. — Pirof. J. A. Fleming, of University
College, London.
Hon. John W a n am ak er: “T he greatest thing
that came under my notice during my trip
abroad was the receipt of a reply to a letter
posted on the day of my departure from Queens­
town, when four and a half days out at sea. The
reply came by the Marconi system. I don’t know
anything about wireless telegraphy except that
Marconi gets there.”
 W H A T T H E MARCONI SYSTEM HAS
D O N E A N D IS D O IN G .
Proved remarkably successful in forewarning
the SS. Kaiser W ilhelm II. and other great liners
of the dangers lying in their path from fog and
icebergs during the month of March and early
April, 1905.
Has been adopted by the W e ath er Bureau D e­
partm ent of the English Government, and an
agreem ent entered into whereby the Marconi
System is to supply complete reports of weather
conditions at all points throughout the Atlantic
Ocean at any time of day or night when material
changes take place.
Mr. Marconi has conducted highly successful
experiments which prove th a t he can correctly,
from a land station, locate the position of a vessel
at sea solely by means of wireless telegraphy.
H e can then advise the captain instantly and ves­
sels of the future will Hot be running ashore be­
cause their navigators have lost their bearings.
W o rk in g in connection with the fog signal
station at the Lizard during an impenetrable fog
gave the captain of the Kaiser W ilhelm his b ear­
ings, enabling him to steer a safe course and pro­
ceed when otherwise he would have been de­
layed
F u rth e r perfected by Mr. Marconi's invention
of a new receiving apparatus which permits the
handling of messages at the rate of 100 words per
m inute and the autom atic reporting of the same
by a W he atstone recorder attached to the receiv­
ing apparatus, thereby equaling the speed and
accuracy of wire systems.
W H A T G R E A T M EN, G O V E R N M E N T S
A N D T H E P R E S S T H I N K O F IT.
There is no doubt about the value of Marconi A
work. I believe in his work.
— Thom as A. Edison.
I am a thorough believer in the value and prac­
ticability of W ireless Telegraphy. There is no
doubt in my mind that it will be a great commer­
cial success. Marconi deserves all the credit for­
ks present state of efficiency.
— Prof. M. I. Pupin, of Columbia University,
New York.
F. P. Fish, President American Telephone and
Telegraph Co.: “Wireless Telegraph occupies
the same relation to the telegraph and telephone
of today that the telegraph and telephone of t o ­
day bear to the same arts twenty-five years ago.
Reluctantly we must admit that wireless will
soon supplant them both.”
Gaptain John Pritchard', of the R. M. steamship
Campania, w r i t e s : “Although one may travel
for days on the Atlantic trade routes without see­
ing a single vessel, it is rarely indeed th at a
steamer equipped with Mr. Marconi’s apparatus
is out of touch with other ships similarly fitted.
“W h a t a minimizing of risk this means in case,
of accident is too obvious to require further re­
mark.
“T he advantages of wireless telegraphy are in­
deed so great that it appears to me almost crim­
inal to send a passenger ship to sea without first
equipping her with the necessary instruments.
“It is to be hoped th at before long Mr. Marco­
ni’s system may be made compulsory on all
ocean-going passenger steamships, just as life­
boats, belts and other equipment providing for
the safety of passenger and crew are insisted
upon by both the British and American authori­
ties.

S K E P T I C I S M A B AR T O P R O G R E S S .
The development of the railroad, the telephone, the cable, the electric light, the electric railway and
electric power was held back for years by blatant skepticism and criticism. Little minds unable to grasp
the magnificence of God’s universal laws find expression in doubt and distrust. People of that calibre
denied the possibility of the telephone— they deny the possibility of the wireless telegraph. They are a
bar to hum an progress. T h ey not only themselves refuse to profit by the magnificent intellect of great
men like Marconi, but they strive to prevent others from profiting by shouting their doleful predictions
of disaster. But in spite of them the world moves ahead. And a few men with the minds to recognize
genius and the desire to do som ething in the world both for themselves and others, and) with faith in Man
and Nature, believe and, believing, profit by their belief. Great fortunes have come to such men through
investments in telephones, railroads, electric lights; now is another opportunity—the Wireless Tele-
graph.
You cannot afiford to be narrow-minded in modern times. Success in your business requires you
to be up-to-date, to avail yourself of new ideas, to know that the world is growing faster to-day than
ever before. In your investm ents you should apply the same rule, and especially when the undeniable
proof is at hand th at a new idea of unlimited possibilities has attained a commercial success and is
growing by leaps and bounds. T he English Marconi Company owns a controlling stock interest in all
the other Marconi Companies. T he dividends on that stock of those companies will go to the English
Marconi Company., and that means to its stockholders. In other words, the stockholders of the E n g ­
lish Marconi Company will receive the net earnings of that Company and also over fifty per cent, of
the net earnings of each and every other Marconi Company. W ith such unlimited possible resou
can you afiford not to be identified with the English Marcom C om pany as one of its stockhold
 COMMERCIAL EQUIPMENT OF THE MARCONI SYSTEM
LAND STATIONS MARCONI STEAMSHIP STATIONS
UNITED ST A T E S
Some of the Large Ships Equipped With Marconi
South W ellfleet, S eagate, L. I.
M ass. Sagaponack, L. I. Instruments
S iascon set, M ass.
N ew York City. B abylon, L. I.
Cunard Ste am ships American Line Anchor Line
CANAD A
Cam pania* Saxonia P hiladelphia St. Louis Caledonia
G lace Bay, C .B .,N .S. B elle Isle, Lab. Cape Sable, N. S. Lucania* Carpathia St. P aul N ew York Columbia
Indian Harbor, Lab. P o in t Aj'mour, Lab. W h ittle Rock, Lab. Carm ania* S lavonia F urnessia
Caronia* Pannonia Belgian Mail Packet
D om ino Harbor, Lab. H eath Point, Q uebec Sable Island, N. S. Etruria* U ltonia Aberdeen Line
P oin t Rich, N fld. P rincess C lem entine
S ea Island, Lab. F am e P oint, N. B. Ivernia Lusitania* Flandre Leopold II. Inanda
V enison Island, Lab. Cape Ray, N. B. St. John, N. B. Um bria M auritania P rin cesse H en riette Inkosi
B a ttle Harbor, Lab. Cape Race, Nfld. H alifax, N ova S cotia P rinoesse Josephine
RED STAR LINE Marie H en riette Dominion Line
EN GLAND P rince Albert Rapide Canada
Zeeland Finland V ille de D ouvres Dom inion
C aister P ortsm ou th Seaforth C helm sford Vaderland K roonland
F unton P ortland Liverpool Broom field Campagnie Canadian
H aven H olyhead D over Gibraltar Hamburg-Am erican T rans-Atl antique Pacific Line
Line La Lorraine* Em press of Britain
F raserburg N orth Foreland Scilly Island R och e’s P oin t La B retagne
D eu tsch lan d Bluecher* Em press of Ireland
M alta W ith ern sea F a stn e t Rock R ane H ead Moltke* Am erika* La Savoie*
P lym ou th Poole H arbor Lizard S h eerness Ham burg* P atricia La Touraine “ La Veloce”
P ennsylvania P retoria La G ascogne Line
Culver Cliff La P rovence
Graf YValdersee Europa
IR ELAN D— Crookhaven. Innistrahull, M alin H ead, Rosslare. Ivaiserin Auguste Victoria* Nord A m erika
Holland-American
ISLE OF W IG H T—N iton. Line
Isle of Man Steam “ Lloyd Sabau-
BELGIUM .—N ieuport. Pack et Co. Statendam Noordam do” Line
H O LLAND.—A m sterdam (O vertoom ). Ryndam P otsdam P rincipe di P ie ­
E m press Queen N ew Am sterdam *
GERMANY.—Borkum , Borkum L igh tsh ip . m onte
CONGO FREE S T A T E .—Banana, A m b rizette. North German Re d’lta lia
Canadian Govern­ R egina d’lta lia
ITALY
ment Lloyd ■c
M into S tan ley Kaiser Wilhelm tier Gross Allan Line
Gulf of A ranci Bari M onte Terre P iloti di Canada K aiser W ilhelm li.* T unisian Bavarian
Kronprinz W ilhelm V ictorian
M onte M ario Genoa Capucini di A ncona M alam occo K ronprinzessen Cecilie Virginian
P isa P alm ar ia Giuliano di Trapani S. M. di L euca White Star Line
P un ta di B ela San V ito Coltano F orte Spurio O ceanic Cedric Atlantic Transport General
M ajestic B altic Line Italian Line
D arign an o Capo Mele Capo Sperone Oampe al C. Sene Celtic T eutonic M inneapolis Sardegna Liguria
M addalena Cozzo SpadaroB ecco di V ela V iesti A driatic Arabic M innehaha Lom bardia Sicilia
Rom e A sin ari Cym ric Republic M innetonka U m bria
SICILY.—M essina, V illa San G iovanni Reggio. ^Equipped w ith long d istan ce receivin g apparatus—m ay be
MO NTEN EG RO.—A nti Vari. reached at any point during the trip a cro ss the A tlantic

List of L loyd’s Stations which the Marconi Company has equipped or has a right to equip under their
Agreement with L loyd’s, dated 21st September, 1901.
UN ITED KINGDOM
Southend N ettle sto n e P oin t The Lizard St. A nn's H ead Torr H ead P eterhead
(Isle of W igh t) (M ilford H aven )
N orth Foreland P en zan ce K ildonan (m outh of May Island
St. C atherine’s P oin t Calf of Man the Clyde) St. Abb’s H ead
D eal (Isle of W igh t) A lderney
R och e’s P oint L am lash R iver Tees
D over A nvil P oin t (near Scilly Islands Old H ead of K in sale
Stornow ay (S. Gare Bkw tr)
S an d gate Sw an age) Lundy Island Brow H ead Flam borough H ead
Portland Bill P en arth B u tte of L ew is
D u n g en ess Tory Island (H ebrides) Spurn H ead
B ea ch y H ead B rixham (for Tor- F lath olm e Island Innistrahull D unnet H ead Grim sby
bay) Barbv Island Malin H ead (P en tlan d F irth) Aldeburgh
N o m a n ’s Fort
(Sp ith ead ) P raw le P oin t M um bles R athlin Island F air Isle Orford N ess
ABROAD
K rasnaja Gorka A scension F alse P oin t Fernando N oronha Cape O tw ay Cape Maria Van D ie­
(G ulf of F inland) St. H elen a (B ay of B engal) (B razil) P oin t L onsdale m en (N. Z.)
E lsin ore Saugor Island Barbadoes N u gget P oint
Bird Island (R iver H ooghly) (N eed h am ’s P oint) Cape Schanck
H eligoland Cape Colony (N. Z.)
Sandheads M ontserrat (W est W ilson's Prom ontory
H ey st (B ru ges Port Cape P oin t (R iver H ooghly) N orfolk Island
Indies) Gabo Island
de Mer) Cape L ’A gulhas D iam ond Island Cape B reton —
F lu sh ing Cape St. F ran cis (B urm ah) Berm uda Q ueenscliff St. P au l’s Island
G ibraltar Cape R eceiffe P oin t de Galle W hitehead Table Cape Cape St. L aw ien ce
M alta Cape H erm es M ount F aber (N ova Scotia) M ersey Bluff A n ticosti—
Zea Island D assen Island (Singapore) B reak sea Island (Kin. Low H ead South Point
D ardanelles Bluff (P ort N atal) F ort C anning G eorge’s Sound) E d d yston e P oint S ou th -W est P oint
K ertcli M auritius— (Singapore) Cape Borda Cape S o itll W est P oint
Port Said F lat Island Sabang B ay (P ulo Cape W illoughby K in g isla n d — Canada—
Suez B u tte A ux Sables W eh, N orth S u ­ Cape Jervis Cape W ickham Cape Rosier
Perim B u tte A ux P ap ayes m atra) Cape N orth u m b er­ Curry H aib or Cape M agdalen
Aden P ort L ouis Gap Rock land Goode Island (Tor­ Amherst Isla.ul (Mag­
Cape Spartel M ountain (H ongk on g) Cape N elson res S traits). dalen Islands)

Addition! ^Stations are Being Built Constantly. This Policy of Expansion will be
■grad Until the World-Wide Organization is Absolutely Complete.
 iqoC y?<5

m i 1 ip— wm— mi i iii — — i

Naval S tation s and Ships Equipped W ith Marconi Instruments

English Navy and A d m i r a l t y .............................................................450 war vessels
Lighthouse and Coast Stations ....................................................... 80 war vessels
Italian Navy ................................................................... ........................180 war vessels
O ther navy and governm ents using M a rc o n i:
French, Belgium, Holland', Japanese, Canadian American, German, Argentine Republic, Brazil,
N ew Foundland, Russian, Australian.

Wireless Communication
To the Business and W orking Men
G e n t le m e n — T h e o p p o r tu n ity o f in v estin g - a f e w d o lla r s so a s to b r in g in a la r g e in c o m e v e r y s e ld o m c o m e s to
t h e p o o r m a n . M A R C O N I W I R E L E S S in v e s t m e n t o ffer s y o u o n e o f t h o s e w o n d e r fu l c h a n c e s a n d o p p o r tu n itie s.
T h e c o m p a n y is n o t a q u ic k -r ic h c o n c e r n , b u t o n e o f th o s e g ig a n tic , w e ll m a n a g e d , d e v e lo p e d a n d h a n d le d p r o p o s i­
t io n s o f t h e c e n tu r y ; t h e s t o c k h o ld e r s c o n tr o l a n d m a n a g e t h e M a rco n i c o m p a n y — N O T T H E T R U S T O R B O N D ­
H O L D E R S . W e h a v e N O B O N D S , N O P R E F E R R E D S H A R E S ; o n ly o n e k in d o f sto c k .

No Assessments, No Freezing Out, No Pools

D o n o t m is s t h is o p p o r tu n ity lik e y o u r f a t h e r s w h e n t h e y le t slip th r o u g h th e ir fin g e r s th e s h a r e s o f E d is o n E le c tr ic
lig h t, W e s tin g h o u s e A ir B r a k e , W e s te r n U n io n , F ie ld ’s C a b le a n d B e ll T e le p h o n e c o m p a n y s h a r e s a n d o th e r s. T h in k
w h a t im m e n s e in c o m e s y o u w o u ld h a v e t o d a y if youi^ f a t h e r s h ad in v e s te d a f e w d o l l a r s .in th e s h a r e s of a n y o n e of
th e above^ c o m p a n ie s . C k e a d v a n ta g e o f t h e o p p o r tu n ity . B uy. on*' sh a r e u p to 2 00, a c c o r d in g to y o u r m e a n s. Y o u w ill
n e v e r m is s th e f e w d o lla r s n o w , a n d in five to s e v e n y e a r s t h e s e f e w d o lla r s w ill h a v e g r o w n to a la r g e , s te a d y in ­
c o m e . T h e n th e f u tu r e o f y o u r s e lf a n d f a m ily w ill b e a s s u r e d a n d p r o te c te d . W e a p p e a l to th e b u sin e s s an d w o r k in g
m e n , b e c a u s e w e w a n t S T O C K H O L D E R S , n o t S P E C U L A T O R S . W e w a n t th e b u s in e s s m a n ’s su p p o r t so a s to k eep
o u r s h a r e s o u t o f th e h a n d s o f th e s p e c u la t o r s a n d tr u s t s a n d p o o ls; w e w a n t in v e s to r s w h o a re w illin g to h o ld w h a t
t h e y b u y fo r th e in c o m e th e n e a r f u tu r e w ill g iv e . I f y o u c a n n o t c o m e y o u r s e lf, s e n d y o u r c h e c k . DO IT N O W .
O n ly a lim ite d n u m b e r o f s h a r e s fo r s a le h e r e .

SHARES ARE $15.00 EACH

Marconfs W ireless Telegraph Company, Ltd.

O F LONDON, EN G LA N D .
C a p ita l S to c k A u t h o r iz e d ( £ 5 0 0 ,0 0 0 ) $ 2 ,5 0 0 ,0 0 0 .
T h is C o m p a n y is t h e H o ld in g C o r p o r a tio n , O w n in g a n d O p e r a t in g T h r o u g h S to c k C o n tro l, t h e f o llo w in g S u b sid ia r y
C o m p a n ie s :
C a p ita l S to ck .
M a rco n i I n t e r n a t io n a l M a rin e C o m m u n ic a tio n C o m p a n y , L td ......................... ................................... $ 1,0 0 0 ,0 0 0
Cie F r a n c a is e M a r itim e e t C o lo n ia le de T e le g r a p h ie S a n s F fl ........................................................... 5 ,0 00,0 0 0
M a r c o n i W ir e le s s T e le g r a p h C o m p a n y o f A m e r i c a ....................................................................................... 6,6 5 0 ,0 0 0
M a r c o n i W ir e le s s T e le g r a p h C o m p a n y o f C a n a d a , L td ............................ 5 ,000,0 0 0
M a rco n i W ir e le s s T e le g r a p h C o m p a n y o f t h e A r g e n t in e R e p u b lic ............... 6,7 5 0 ,0 0 0
•(C ofn p an ia M a r c o n i di T e le g r a p h ia S in H ilo s D e l R io D e L a P l a t a . ) . ...................................... 6 ,750,0 0 0

- T o t a l C a p ita l o f S u b s id ia r y C o m p a n ie s ...................................... $ 3 1 ,1 5 0 ,0 0 0
O n ly $ 2 ,5 0 0 ,0 0 0 c a p ita l c o n t r o llin g a s s e t s o f $ 3 3 ,6 5 0 ,0 0 0 . O n e - h a lf o f a ll p ro fits o f th e a b o v e c o m p a n ie s or a ll
f u tu r e c o m p a n ie s o r g a n iz e d g o e s to t h e p a r e n t c o m p a n y , th e r e b y g iv in g y o u p ro fits n o t fr o m o n e c o m p a n y , b u t fr o m
s e v e n co m p a n ie s,- in t h e g r e a t e s t t e le g r a p h ic a n d c a b le c o u n tr ie s in t h e w o rld .

T H IS IS T H E ONLY" C H A N C E TO B U Y S H A R E S IN T H IS C O M PA N Y .

H. G. ROBINSON, Special Representative of the Managers of the Marconi Underwriters

f
i