Commercial Cable Co Transatlantic Telegraph interim Bond 1897, with vignette showing route of their cable from the United States to Europe, partial receipt attached left border, folds, otherwise very fine condition. Certificate of an important transatlantic telegraph company.

The Commercial Cable Company was formed in 1883 by John Mackay, a mining magnate, and James Gordon Bennett, owner of the New York Herald, to compete with Western Unon which held a virtual monopoly in the transatlantic telegraphic business. Cables were laid from Ireland to Nova Scotia, with connections to New York and the rest of the United States as well as those in Europe being mainly overland. Commercial Cable was associated with the Postal Telegraph Company, which relayed its transatlantic messages through its network in the United States. This enabled Commercial Cable to compete successfully well into the 1920’s, when it came under the control of International Telephone and Telegraph in 1928. The underwater cable remained in use until 1962.


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