FAIRBANKS MORSE CO. Advertisement – 1939 This 1939 advertisement for the Fairbanks Morse Diesel Engine Company lists all the New York and New Jersey Party Boats powered by their engines. Since the company's inception in the 1870s, Fairbanks Morse has produced a wide variety of products, including the Eclipse Windmill, the Train Master locomotive, and the first commercially successful gasoline engine in 1893. As you can see from this advertisement, Fairbanks Morse diesel engines were very popular with local boatmen.