Word: ticker
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...ticker-it's curtains...
...eagerly putting them to the test. An electronic computer runs crewless auxiliary locomotives on long Louisville & Nashville freight trains. The New York Stock Exchange is installing a computer system that can answer brokers' questions, keep track of floor transactions at each trading post, and feed quotations to the ticker at the rate of 16 million shares a day. More than 100 companies control their inventories with computers, which record every sale and tell managers when and how much to reorder. Borrowing an idea from the airlines, Long Island's Maxson Electronics Co. plans by next July to link...
...York Stock Exchange's private luncheon club. Brokers dropped their napkins and scurried to telephone their offices, where orders to sell were already piling up. In the next two hours the Dow-Jones industrial average plunged more than 11 points, to 861, and the highspeed ticker ran up to 27 minutes late. Professionals and the big institutions quickly moved in to shop for bargains, helped the market recoup half its loss by day's end. Next day, despite the news from Peking and London, the small investors came back in and bought so heavily that the market gained...
...follies of World War I. An animated musical documentary, directed with blazing skill and ingenuity by Britain's Joan Littlewood, Lovely War is constructed like a theatrical montage. Period songs, sketches, gauze-clad music-hall girls and blown-up film stills fill the stage while a lighted news ticker across the backdrop impersonally taps out the monstrous dance of death: ALLIES LOSE 850,000 MEN IN 1914. Mockingly ironic, magnetically fascinating, Lovely War defies a playgoer to settle back in his seat. Tender, frolicsome and tragic, it turns spilled blood into tears and evokes laughter in hell...
...engineers go through all of these readings several times a day in order to scan the system for trouble. But next year even this bit of manual work will be unnecessary, since the data processor in Weld will scan all three boards continuously and print out the information on ticker tape. It will also sound an alarm when any of the readings fall outside normal limits...