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Home > Ticker tape


 

Ticker tape was used by ticker tape machines, stock ticker machines, or just stock tickers. Invented in the 1870s, early versions of stock tickers provided the first mechanical means of conveying stock prices ("quotes"), over a long distance over telegraph wiring. Previously, they were hand-delivered via written or verbal messages. Since the useful time-span of individual quotes is very brief, they generally hadn't been sent long distances; aggregated summaries, typically for one day, were sent instead.

Stock tickers in various buildings were connected using technology based on the then-recently invented telegraph machines, with the advantage that the output was readable text, instead of the dots and dashes of Morse code. The machines printed a series of ticker symbols (usually shortened forms of a company's name), followed by brief information about the price of that company's stock; the thin strip of paper they were printed on was called ticker tape. As with all these terms, the word ticker comes from the distinct tapping (or ticking) noise the machines made while printing.

Stock ticker machines are an ancestor of the modern computer printer, being one of the first applications of transmitting text over a wire to a printing device. One of the earliest pratical stock ticker machines, Universal Stock Ticker developed by Thomas Edison in 1870, had an alphanumeric printing speed of approximately 1 character per second. A special typewriter designed for operation over telegraph wires was used at the opposite end of the telegraph wire connection to the ticker machine. Text typed on the typewriter got displayed on the ticker machine at the opposite end of the connection. An early analog signalling method was used for text transmission between the typewriter and the stock ticker machine.

Used ticker tape was cut into a form of confettiConfetti is small pieces of paper or plastic which is thrown at celebrations. Confetti can be made in a variety of colors, and commercially available confetti is often available in imaginative shapes. A distinction is made between confetti and glitter; gl, to be thrown from the windows above paradeA parade is an organized procession of people along a street, often in costume, and often accompanied by decorated vehicles called "floats" or sometimes large lighter-than-air balloons with complex shapes. Parades are held for a wide range of reasons, buts, primarily in lower ManhattanFor other uses, see Manhattan (disambiguation . Manhattan is the name of an island alongside the lower Hudson River and also of one of the five boroughs that form the City of New York. The borough is coterminous with New York County and includes the Islan; this became known as a ticker-tape paradeApollo 11 astronauts, August 1969 A ticker-tape parade is a parade event, held in a downtown urban setting, allowing the jettison of large amounts of shredded paper products from nearby office buildings onto the parade route, creating a triumphal effect b. Ticker tape parades generally celebrated some significant event, such as the end of a World War, or the safe return of one of the early astronauts.

Stock ticker machines became obsolete in the 1960sCenturies: 19th century 20th century 21st century Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010s Years: 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 Events and trends The 1960s was a turbulent decade of change around, replaced by computer networkA computer network is a system for communication among two or more computers. Categorizing By range personal area network (PAN) wireless PAN local area network (LAN) wireless LAN metropolitan area network (MAN) wide area network (WAN) By functional relatis; none have been manufactured for use for decades. However, working reproductions of at least one model are now being manufactured for museumA museum is a non-profit making, permanent institution in the service of society and of its development, and open to the public, which acquires, conserves, researches, communicates and exhibits, for purposes of study, education and enjoyment, material evis and collectors .

Simulated ticker displays, named after the original machines, still exist as part of the display of television news channels and on some www pages see News tickerA News Ticker is a small screen space on News television networks dedicated to headlines or minor pieces of news. News stations ( CNN for example) will have the bottom tenth of the screen devoted to a horizontally scrolling banner giving off news mini new.



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