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Show Progress of the United Wireless Telegraph Co. Home Office 42 Broadway, New York. European Office, 70 Cornhlll, London. 1 ARE WE GROWING? READ THIS ! INCREASE IN EQUIPHENT JANUARY, 1909. APRIL, 1910. Steamship Companies 31 100 Number of Ships 112 319 Land Stations 41 105 Newspapers 4 10 TOTAL 188 534 Not including stations acquired by purchase nor the equipments furnished to the United States or foreign governments. The price of stock will keep pace with our physical development, and in a few months , the present price will seem very cheap indeed. An inercuHe In our equipment of tilinoNt 300 per cent In IS monthf). There's the reason the opportunity to buy stock in this company is now offered to you. It will cost you nothing to investigate. Our plans are laid to more than double our equipment in the next 12 months. COMPARATIVE FINANCIAL STATEMENTS, 1008-1000. ASSETS. 1908. 1901). GAIN. Patents and Patent Rights $ 5,005,100.001? 5,520,233.00$ United Wireless Telegraph Co. stock in Treasury (Par) . 5,310,410.00 4,823,460.00 Stock and Bonds, other companies (Book Value) 14,128,010.00 14,148,610.00 Factory Material on Hand 9,285.55 159,572.58 150,2S7.03 Factories and Equipments :5,996.98 35,552.54 0,555.50 Land Stations and Real Estate (Sites) 21ii,442.o0 612.0u0.00 300,557.50 Boat Stations and Contracts 287,500.00 817,000.00 520,500.00 Real Estate 34.292.20 34,202.20 OfHco Furnituro and Fixtures 3,975.38 25,990.74 22,015.30 Cash in Treasury and Treasury Agents 109,400.70 317,448.70 208,048.00 Bills and Accounts Receivable 176,498.04 105,786.77 $25,272,219.15 $26,599,947.13 $1,350,255.95 LIABILITIES. Capital Stock, Authorized Issuo $20,000,000.00 $20,000,000.00 Bills and Accounts Payable (Current Monthly) 15,556.37 17,617.39 Surplus 5,256,662.78 6,582,329.74 $25,272,219.15 $26,599,947.13 C. C. WILSON, Pres. PACIFIC COAST STATIONS HANDLED 132,477 COMMERCIAL MESSAGES BETWEEN MAY 1 AND NOVEMBER 1, 1000. The stock of this Company will not be on the market very much longer, and no one today to-day can successfully show a reason why they are not a stockholder after they have carefully and intelligently investigated our proposition. Our annual statement shows that on January 1st, 1910, there were $4,823,4G0 worth of stock in the treasury at par, or 482.34G shares. The Board of Directors by their action April J 6th, conserve 400,000 shares in the treasury. This leaves only 82,346 shares available for sale after January 1st, 1910. By an action of the Board of Directors at this same meeting the Capital Stock of this Company has been reduced to $16,000,000.00. The Executive Committee are authorized to sell only up to $12,000,000.00 worth of stock of the Company, or 1,200,000 shares on which the Company will have to pay dividends. divi-dends. This will leave after all improvements are completed 40 per cent of our entire capitalization capitali-zation in the treasury, on which, of course, there will be no dividends paid, as this stock belongs be-longs to the stockholders pro rata as their interests appear on the books of the Company. New York April 30th, 1910. Mr. O. S. Brewster, 313 McCornick Building. Sa't Lake City. Dear Sir: Please correct your ad. of the 17th, as follows: The average income from commercial business for the year 1910 is now estimated to run between seventy and one hundred thousand dollars per month. The compulsory bill now before be-fore Congress when passed will add many thousand to our equipment. Now what do you think about it? If 320 ships and 105 land stations equipped with United W'eless earn $100,000 a month, how much will the United Company earn when 10,000 ships and 1,000 land stations are equipped and in operation? For further particulars address O. S. Brewster, 313 McCornick Building, Salt Lake City. THINK QUICK AND ACT! Complete list of stations furnished on application. |
