Hungary and the Hungarians, W. B. Forster Bovill, 1908, pages 111-112:

You may be seated as I was in the reading-room of one of the hotels, or in a large coffee-house, when suddenly a rush is made for a telephone-looking instrument which hangs from the wall. In time perhaps you will become one of these "rushers." It is the Telephon Hirmondo, a kind of newspaper which telephones its news instead of printing it. Budapest is the only city in the world which possesses such an instrument. All day long a clear-toned elocutionist announces news just as it arrives, it commences in the morning at nine by sending the correct time, which is repeated every hour. At twelve o'clock the news of the day, home and abroad, is sent out to thousands of homes, etc. Sometimes a raconteur will make the luncheon hour pass easily by telling a few good stories. The latest rise and fall "on 'Change," programme of events, meetings, Parliament, horseraces, these are a few of the items one may receive. From 4.30 to 6.30 one may listen to a famous Honvéd military band, and after seven in the evening, for five nights of the week, the subscriber sitting at home may listen to grand opera. On the two remaining evenings the strains of a gipsy band coming from a distant café adds to the enjoyment. The Magyar loves pleasure.