Ticker

The popular name for the indicator, the machine: operated by electricity which prints the quotations of stocks, grain or cotton, etc., on a paper tape.: When the price alone follows the letters standing for } the name of a stock it is understood that the amount sold was 100 shares (or in the case of bonds, 10 bonds). Thus, RG. 75 means that 100 shares of Reading were sold at 75. When more or le than 100 shares (or in the case of bonds, more or le than 10 bonds) are sold the number of shares (or bonds), precedes the price, thus: RG. 200.75.10.75. An offer alone, without a bid, is preceded by an O and a dot, thus: RG. O. 75. A sale and an offer is recorded (printed) thus: RG. 75. O. - 75. A bid alone, without an offer, is followed by the letter B, thus: RG. 75. B. A bid and an offer are separated by @, thus: ~.. - 75@I1-2 meaning that 75 was bid and the stock was offered at 75 1-2. (On some tickers three dots... are used in place of @). When the sale is not recorded (printed) in its proper place the price is preceded by the abbreviation. SLD., thus: RG. SLD. 75. When the amount sold and the price are, so nearly alike that they may be taken for two -sales the amount of the sale is followed by the letter S and a dot, thus: RG. 73. S. 75, meaning 73 shares at 75; or SIL. 60. S. 61. meaning 60,000 ounces at 61. When an error has been made by the reporter or in printing the last letter or figure is repeated several times, indicating that the quotation is to be thrown out, thus: RG. 754 4 4 4. Three-day contracts (contracts maturing in three days) are printed thus: RG. 200.75.3. A transaction buyer 4, 10, 20, 30 or 60 is recorded (printed) thus: RG. 75. B4 (or 10, etc.), meaning that the stock sold at 75, receivable by the buyer in 4 days (or 10 days, etc.). A transaction seller 4 (or 10, etc.) * when the stock is deliverable by the seller in 4 days (or 10 days, etc.) is recorded (printed) in the same manner, with the letter S substituted for the letter B. When * is printed it denotes that the quotation it follows is correct. 518