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Updated: May 19, 2025


"Seventy-three, a quarter, an eighth, seventy-three, now seventy-two seven-eighths, three-quarters, five-eighths, three-quarters split, now five-eighths, a half, a half." And now pandemonium was raging in the Chicago wheat pit, and the ticker's teeth clicked like mad. "Seventy-two, a half, a half, three-eighths, a half, three-eighths, a quarter, seventy-two!"

Towards two o'clock in the morning, when the eastern bound Express was due, Abe got ready the relay pony, and led it down to the trail. Rube accompanied him. The night was very dark, a thin rain was falling, and they took shelter under the trees. Abe presently struck a match, to see his watch. "It's time," he said. "D'ye hear him comin'?" "No," Rube answered. "Mebbe your ticker's a bit fast."

Of these one furnished the current for the alphabet wheel, one for the figure wheel, and one for the mechanism that took care of the inking and printing on the tape. Callahan made the further innovation of insulating his circuit wires, although the cost was then forty times as great as that of bare wire. It will be understood that electromagnets were the ticker's actuating agency.

All the lies he had told for miserable gain, all the miserly self-denial he had practised, all the clients he had cheated and robbed, all the hatred he had won from others availed him not. His contemptible soul and his life, almost, now hung by a miserly two cents. Once more the devil's teeth clicked, and once more the boy's drawl rose above the ticker's whir.

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