Ticker Tape Printer Fading Out
AP analyst John Caniff reports on the decline of ticker tape printers once common on Wall Street. From 4000 units in 1964 to 670 in 1971, electronic displays and desk top devices are replacing paper tape, yet the tape still projects at the New York Stock Exchange and informs brokers.
MENTIONED IN THIS ARTICLE
John Caniff
New York
Wall Street
New York Stock Exchange
New 3600 Characters a Minute Display Boards Debut
The exchange installs 6-foot by 6-foot display boards capable of showing 3600 characters per minute. Lines rise to the top, letting readers scan left to right like a printed page. Brokers may soon see these tapeless data devices replace ticker tape across firms nationwide.
MENTIONED IN THIS ARTICLE
Exchange
Fong Aide Indicted In Securities Case
A federal grand jury indicted Hiram Li Fong aide Robert Carson Edward Adams and Joseph Bald on conspiring to derail a securities probe. Carson allegedly sought a $100000 political contribution to stop the prosecution and accepted $2500 in cash. Adams and Bald allegedly planned to prevent further indictments. The case centers on a probe that led to criminal charges against the Mafia-linked figure.
MENTIONED IN THIS ARTICLE
New York
Hiram Li Fong
Hawaii
Robert T. Carson
Fong
Arlington
Edward Adams
Manhattan
Joseph Bald
Queens
Carson
U.S. Atty
Richard G. Kleindienst
Ada
Senate
City Marshal Works In Wheelchair
Marvin Gordon, Edna Kansas city marshal, lost both legs in Korea but serves in a wheelchair. He pilots a car with hand throttle and brakes and climbs ladders by arm strength, painting and repairing despite injuries. His neighbor Jess Thompson and townsfolk praise his grit and capability in night duties, carrying a firearm for protection.
MENTIONED IN THIS ARTICLE
Jim Davis
Parsons
Associated Press
Marine
Korea
Naval Hospital
Oakland
Calif
Edna
Jess Thompson
Edna Cafe
Gordon
Chichester Aims 4000 Mile Sail To San Juan
Sir Francis Chichester begins a 4000 mile voyage from Portuguese Guinea toward San Juan Nicaragua in the yacht Gipsy Moth V. He hopes to finish in 20 days and told newsmen the trip is progressing smoothly.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Francis Chichester
Portuguese Guinea
San Juan
Nicaragua
4 H Club Congress Recognition Night Highlights
Miss Susan Powell spoke of her Chicago trip during 4 H Recognition Night at the 4 H Center. Marsha Sims and Delbert Healy led pledges, with welcome by Mrs. Harold Holsheiser. Pins were given by Joyce Borgemeyer. The International Youth Farm Exchange award was announced for the J Richards Bertels family.
MENTIONED IN THIS ARTICLE
Susan Powell
Strother
Chicago
Harold Holsheiser
Marsha Sims
Delbert Healy
Joyce Borgemeyer
Production Credit Association
J. Richards Bertels
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