Word: ticker
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...district, getting a job as messenger for a firm of brokers. Clever lad, apt student, he was in due course a broker on his own, functioning in a number of partnerships, promoting innumerable enterprises, among them the Emerson Phonograph Co. By 1907 when he started to publish the Ticker Magazine he had acquired a reputation for smartness and a considerable fortune...
Machines. Hopelessly overtaxed, the market's machinery halted Friday night, attempted to catch up over the weekend. Early in the week, the ticker had run two hours behind the market. Exchange authorities ordered the omission of volume figures on the tape. To supply the press with the figures, Western Union sent to Chicago for telegraphic printing machines, chartered six compartments of the Twentieth Century Limited to carry them swiftly and luxuriously to Manhattan. Even without volume, the ticker ran 49 minutes behind in Friday's session...
...acute as the ticker problem was the telephone congestion. Most stock market orders pass through the "Hanover" exchange. On Friday, harried operators handled between 85,000 and 100,000 calls an hour. Telephone officials planned to divide the burden between lower Manhattan's seven other exchanges...
...Because of its high price per share. Stocks selling at $500 or more are members of the "500-Club." Case joined the "500-Club" on Friday, when a 3-inch strip of ticker tape showed amazed brokers these quotations...
...Thursday, 5,037,330 shares, second "five million" day in history, only a handful less than on record-breaking June 12. Montgomery Ward closes at 366. Net gain: 17 points. Mounting, too, are Wright (6½-points more, 22 in two days), Coty, Inc. (10½). Where is the ticker? Over an hour behind (might as well have been a week) on Thursday, 47 minutes the day before, 46 minutes on Friday. Friday: Montgomery Ward adds another 18 points, closes at 384. It was 349 on Wednesday morning. . . . What is happening to Radio? Climbing whole points at a time, Radio...