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As will be seen from the diagram, the armature, A, of the type-magnet has an extension arm, on the end of which is an escapement engaging with a toothed wheel placed at the extremity of the shaft carrying the type-wheels.
The type-magnet advances the letter and figure wheels one step when the magnet is energized, and a succeeding step when the circuit is broken. Hence, the metallic contact surfaces on wheel W' are, as stated, only half as many as on the wheel W, which controls the press-magnet.
It will be seen that there are two electromagnets, one of which, TM, is known as the "type-magnet," and the other, PM, as the "press-magnet," the former having to do with the operation of the type-wheels, and the latter with the pressing of the paper tape against them.
It will be remembered that upon the cylinder there are as many pins as there are characters on the type-wheels of the ticker, and one of the segmental wheels, W, has a like number of metallic segments, while upon the other wheel, W', there are only one-half that number. The wheel W controls the supply of current to the press-magnet, and the wheel W' to the type-magnet.
Resting upon the periphery of these two segmental wheels there are two brushes to which are connected the wires which carry the battery current to the type-magnet and press-magnet, respectively, as the brushes make circuit by coming in contact with the metallic segments.
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