Telephone stock quotesIn 1964, the Am-Quote system capable of giving subscribing stock brokers automated voice quotes over the telephone was described in Time magazine. It replaced the need to search paper tape. A computer built by Teleregister Corp. stored the stock quotation information from the floor of New York's American Stock Exchange. A stock's code numbers could be dialled by the broker, and the computer responded by repeating the stock's code letters and the latest information including bid price, high and low. The voice of Walter Jennison, a Teleregister Corp. engineer, was recorded for a machine vocabulary of 57 words and letters on a revolving magnetic drum. The computer extracted a sequence of these pre-recorded words to report the stock data.« |
