The San Francisco call., 1906-12-16
z FOR OFERATING STOCK ITcKER.s

exchanges throughout the city. Every
one who has watched this curious
newspaper reeIsd Off viii therefore
know Just how fast the man at the
original master machine writes.
Another form OF the news distribu-
tion Is the little printed strips which
are delivered by hand at brief intervals
1T the various Offices. Every one who
has visited Wall street is familiar with
the newsboys who carry about these
diminutive newspapers. They may be
seen at every turn grasping a bundle
Of these slips and usually on the dead
run These slips contain the latest
financial news printed rather more In
detail. In preparing these the opera
tion Is much the same as in any ordi-
nary newspaper ONCE. except that the
same press of time governs every de-
tail Of the work The news is not writ
ten out in detail or with an attempt
at style or dramatic effect as in a news
once. but is condensed into the brief
est possible form
Five-Minute Editions
The news is set up in type and rushed
TO a fast press. which prints Off the
edition with bewildering speed. In the
Offices OF most evening newspapers
there is an edition every three or four
hours, and In time of great public sx-
element there may be upward OF a
score OF editions printed during a day
q N
every five minutes. depending upon the
stress of news. There Is no similar
service which is at all comparable In
efficiency to be found anywhere else In
the world The accompanying illustra-
tlons were made during issue OF the
Dow Jones news slips.
One of the most recent innovations
IN the machinery OF Wall street is the
means employed for communicating
with the curb brokers' On the floor
of the Stock Exchange when a broker
is to be found he is usually reached
by clerk or an errand boy or HIS
number may be signaled to him by
means of signal board conspicuousIy
placed high up at one side. This meth
cd has been somewhat improved upon
in the case Of the curb brokers These
brokers, il Is scarcely necessary to ex-
plain. stand in the middle OF Broal
street during business hours no mat
ter WNdC the WcatDtT. TO operate w
certain stocks which arc not handled
on the stock exchanges. The difficulty
of finding a broker in such crowd ~
obvious. and much valuable time might =
be lost in such search
The difficulty has been Obviated hT'
signaling them from the windows in
Office buildings which look down uron
them. In one case the wall of build
ing has actually been removed and tho
room inciosed with glass windows.
which swing open from top To bottom
A series OF telephone booths have been
installed here. with clerks TO receivc
orders and communicate with the bro'S-
ers in the swaying crowd beneath. II
the noise permit. and il is likely 70 b"
a very noisy place. the clerks sh0nt
through megaphoncs to the brokers IN
the street. code of some Kind d;
usEaIIy employed or otherwise the bus
ness of the firm would literally be
shouted from the heusetops. The in
structions which ring through the mar
row, but very deep. canyon sound mucn
like the signals in football game
When, however. the noise browns such
calls the clerks, or many OF them,
resort to the language OF the deaf and
dumb. A transaction OF millions may
be ordered in this way without words
The spectacle of a group OF clerks
frantically signaling their friends in
the crowds in dumb show is one OF the
most curious sights in Wall street.