Year
1867
Month Day
November 15

First stock ticker debuts

On November 15, 1867, the first stock ticker is unveiled in New York City. The advent of the ticker ultimately revolutionized the stock market by making up-to-the-minute prices available to investors around the country. Prior to this development, information from the New York Stock Exchange, which has been around since 1792, traveled by mail or messenger.

The ticker was the brainchild of Edward Calahan, who configured a telegraph machine to print stock quotes on streams of paper tape (the same paper tape later used in ticker-tape parades). The ticker, which caught on quickly with investors, got its name from the sound its type wheel made.

The last mechanical stock ticker debuted in 1960 and was eventually replaced by computerized tickers with electronic displays. A ticker shows a stock’s symbol, how many shares have traded that day and the price per share. It also tells how much the price has changed from the previous day’s closing price and whether it’s an up or down change. A common misconception is that there is one ticker used by everyone. In fact, private data companies run a variety of tickers; each provides information about a select mix of stocks.

Tags
terms:
Wall Street

FACT CHECK: We strive for accuracy and fairness. But if you see something that doesn't look right, click here to contact us! HISTORY reviews and updates its content regularly to ensure it is complete and accurate.

ALSO ON THIS DAY

Microsoft releases Xbox gaming console

Microsoft releases the Xbox gaming console on November 15, 2001, dramatically influencing the history of consumer entertainment technology. Microsoft CEO Bill Gates first decided to venture into the video game market because he feared that gaming consoles would soon compete with ...read more

Baby Fae, infant who received baboon heart transplant, dies

“Baby Fae,” a month-old infant who had received a baboon-heart transplant, dies at Loma Linda University Medical Center in Loma Linda, California. The infant, named Baby Fae by doctors to protect her parents’ anonymity, was born with hypoplastic left-heart syndrome, an almost ...read more

Georges Clemenceau named French prime minister

On November 15, 1917, with his country embroiled in a bitter international conflict that would eventually take the lives of over 1 million of its young men, 76-year-old Georges Clemenceau is named prime minister of France for the second time. The young Clemenceau was first ...read more

Craig Breedlove sets new land-speed record

On November 15, 1965 at the Bonneville Salt Flats in Utah, 28-year-old Californian Craig Breedlove sets a new land-speed record–600.601 miles an hour–in his car, the Spirit of America, which cost $250,000 and was powered by a surplus engine from a Navy jet. He actually drove ...read more

President Carter hosts shah of Iran

On November 15, 1977, President Jimmy Carter welcomes Mohammad Reza Pahlavi, the shah of Iran, and his wife, Empress (or “Shahbanou”) Farrah, to Washington. Over the next two days, Carter and Pahlavi discussed improving relations between the two countries. Two years later, the ...read more

Zebulon Pike spots an imposing mountain

Approaching the Colorado foothills of the Rocky Mountains during his second exploratory expedition, Lieutenant Zebulon Pike spots a distant mountain peak that looks “like a small blue cloud.” The mountain was later named Pike’s Peak in his honor. Pike’s explorations of the newly ...read more

Final installment of “A Tale of Two Cities” is published

On November 15, 1859, Charles Dickens’ serialized novel, A Tale of Two Cities, comes to a close, as the final chapter is published in Dickens’ circular, All the Year Round. Dickens was born in 1812 and attended school in Portsmouth. His father, a clerk in the navy pay office, was ...read more

Elvis makes movie debut in “Love Me Tender”

On November 15, 1956, Love Me Tender, featuring the singer Elvis Presley in his big-screen debut, premieres in New York City at the Paramount Theater. Set in Texas following the American Civil War, the film, which co-starred Richard Egan and Debra Paget, featured Elvis as Clint ...read more

Accused of rape, James Montgomery’s struggle for justice begins

Mamie Snow, a mentally disabled white woman from Waukegan, Illinois, claims that James Montgomery, a black veteran, factory worker, and homeowner raped her. Montgomery, who was promptly thrown in jail, spent more than 25 years in prison before his conviction was overturned and he ...read more

Nikita Khrushchev challenges United States to a missile “shooting match”

In a long and rambling interview with an American reporter, Soviet leader Nikita Khrushchev claims that the Soviet Union has missile superiority over the United States and challenges America to a missile “shooting match” to prove his assertion. The interview further fueled fears ...read more

Union General Sherman’s scorched-earth March to the Sea campaign begins

On November 15, 1864, Union General William T. Sherman begins his expedition across Georgia by torching the industrial section of Atlanta and pulling away from his supply lines. For the next six weeks, Sherman’s army destroyed most of the state before capturing the Confederate ...read more

Articles of Confederation adopted

After 16 months of debate, the Continental Congress, sitting in its temporary capital of York, Pennsylvania, agrees to adopt the Articles of Confederation and Perpetual Union on November 15, 1777. Not until March 1, 1781, would the last of the 13 states, Maryland, ratify the ...read more

Himmler orders Roma to concentration camps

Heinrich Himmler makes public an order that Romani people (often referred to as Gypsies) are to be put on “the same level as Jews and placed in concentration camps.” Himmler was determined to prosecute Nazism racial policies, which dictated the elimination from Germany and ...read more