Description Vintage Stock Market Ticker Tape 7D13056 20150220PhotoartIn 1863 Edward A. Calahan of the American Telegraph Company invented a stock telegraph printing instrument which allowed data on stocks, bonds, and commodities to be sent directly from exchanges to broker offices around the country. It printed the data on 0.75 inches (1.9 cm) wide paper tape wound on large reels. The sound it made while printing earned it the name 'stock ticker'. Other inventors improved on this device, and ultimately Thomas Edison patented a 'universal stock ticker', selling over 5,000 in the late 19th century. In the early 20th century Western Union acquired rights to an improved ticker which could deal with the increasing volume of stocks sold per day. -wikipediawww.wingsdomain.com
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