Welcome to Awakenings

Life IS history in the making. Every word we say, everything we do becomes history the moment it is said or done. Life void of memories leaves nothing but emptiness. For those who might consider history boring, think again: It is who we are, what we do and why we are here. We are certainly individuals in our thoughts and deeds but we all germinated from seeds planted long, long ago.

Saturday, November 15, 2014

Take stock!

This Day in History: November 15, 1867

Everything has a beginning somewhere, some time by someone. While the invention of the 'ticker tape' may be thought of as Thomas Edison's idea, that is not the case. Edison's first successful invention was an improved stock ticker, the "Universal Stock Printer".
On November 15, 1867, the first stock ticker was unveiled in New York City. The event was a show stopper which made up-to-the-minute prices available to investors around the country. Up until that point information from the New York Stock Exchange, which opened its doors in 1792, traveled by mail or messenger.
The ticker was invented by Edward Calahan, who worked for Gold & Stock Telegraph and configured a telegraph machine to print stock quotes on streams of paper tape. This is the same paper tape used later on in ticker-tape parades.  The ticker, got its name from the sound its type wheel made. Read MORE...
[The image is the ticker tape parade in New York City for presidential candidate Richard Nixon in 1960. The long streamers are entire spools of ticker tape. Image Credit: en.wikipedia.com]
The ubiquitous 'they' say a picture says a thousand words. Take stock of the images below that say enough about the ticker tape...




Ticker tape was used to transmit stock price information over telegraph lines from 1870 to 1970. A paper strip ran through a machine was called a stock ticker, which printed abbreviated company names followed by numeric stock transaction price and volume information. 1930s brokers are pictured in the above image.




Check out the 'modern' Twittertape Machine...


The Twittertape Machine is a prototype standalone networked device that prints a feed of your tweets and mentions on Twitter! The design is inspired by the ticker tape machines of the late 1800's that kept the rich and famous up to date with the movement of their stocks and shares.

How cool is that?!.