Word: scanners
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Shortly after the General Motors spurt, the market's opening was one without parallel in the memory of the oldest ticker-tape scanner in the field district. It had been rumored that there was a corner-in Radio Corporation of America, that desperate shorts who sold 350,000 shares could not borrow any stocks with which to make delivery to the purchasers at 2:15 P.M. Every craning neck in customers' rooms, every visitor in the packed galleries of the Stock Exchange, knew that General Electric Co., Westinghouse Electric Co., National Bank of Pittsburgh and the famed Fisher...