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The purchase of Alliance Cartridge Company in 1907 allowed UCC's merger into the Western Cartridge Company. [5] [6] The early Maltese Cross trademark from the earlier Union Cap & Chemical Company was changed in 1909–1910 to a diamond with the Western name inside. This logo carried on into the 1930s.
In its infancy, the ticker used the same symbols as Morse code as a medium for conveying messages. One of the earliest practical stock ticker machines, the Universal Stock Ticker developed by Thomas Edison in 1869, used alphanumeric characters with a printing speed of approximately one character per second.
It printed the data on 0.75 inches (1.9 cm) wide paper tape wound on large reels. The sound it made while printing earned it the name "stock ticker". Other inventors improved on this device, and ultimately Thomas Edison patented a "universal stock ticker", selling over 5,000 in the late 19th century. [3]
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Stock telegraph ticker machine invented by Thomas Edison. A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for ...
The Winchester Repeating Arms Company went into receivership in 1931 and was bought at a bankruptcy auction by the Olin family's Western Cartridge Company on December 22 of that year. Oliver Winchester's firm would maintain a nominal existence until 1935 when Western Cartridge merged with its subsidiary to form the Winchester-Western Company.
The company, he said, is setting up two more dispensers in Texas and Colorado within the next couple of weeks. For more CNN news and newsletters create an account at CNN.com Show comments
Western Asset Global High Income Fund Inc. EHI: United States Western Asset Global Corporate Defined Opportunity Fund Inc. GDO: United States Western Asset High Income Fund II Inc. HIX: United States Western Asset High Income Opportunity Fund Inc. HIO: United States Western Asset High Yield Defined Opportunity Fund Inc. HYI: United States