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Trans-Lux Stock Ticker Projector


 
 

Much like the TickerScope, the Trans-Lux Movie Ticker was meant to display the ticker tape to a large audience. But Trans-Lux did it on grander scale and still exists today.

They invented a rear-projection technique that was viewable in broad daylight and could be hooked up to any normal stock ticker. Instead of paper tape, the ticker printed on a clear film, which then fed into the projector.

Back in 1925, the New York Stock Exchange used a New York Quotation Ticker for their TransLux, while the New York Curb Exchange used the Burry Ticker. Below is a photo of a 1950's TransLux Projector with Black Box Ticker.


An article from the New York Times, 30 May 1925 -

TO INSTALL 'MOVIE TICKER' - Curb Market to Flash Quotations on Screen by New Invention, The New York Curb will follow the lead of the New York Stock Exchange and install in its Board Room one of the new 'movie tickers' which are now to be found in many of the brokerage offices in the financial district. The tickers are the invention of the Trans-Lux Daylight Picture Screen Company and the stock quotations are flashed on the screen in magnified characters which are easily seen across a large room. Two of the screens are in operation on the floor of the Stock Exchange and two more are to be installed for the convenience of bond traders. The Curb Market screen will be 10 feet long by 15 inches wide and reflect letters and figures a little more than four inches high. It will stand out clearly even in a brightly lighted room. They are printed on the tape by the regular stock quotation ticker, and are enlarged when projected on the screen. Smaller screens now are in operation in fifteen brokerage offices in the financial district. The 'movie tickers' reduce congestion of customers around the stock tickers.


About the Trans-Lux Daylight Picture Screen Company -

The company was created by Percy Norman Furber, an Englishman who came to the United States in October 1918 after a time spent drilling for oil and mining quicksilver in Mexico. Furber was interested in developing a projection system that could be used in a lighted room, and enlisted the aid of a friend, Arthur Payne, who had previously worked with Thomas Edison. Payne hit upon the idea of rear projection; that is, projecting an image through a screen. However, it would require the invention of a finer and more translucent material, of much higher quality, than any that currently existed. In 1920, Furber formed American Lux (Latin for "light") Products, and three years later the company used natural silk to create its first successful screen, with initial sales going mostly to schools and churches.

It was only after a visit to the New York Stock Exchange that Furber saw a truly profitable application for rear projection. At the time, brokers crowded around a glass dome-topped ticker tape which printed out the latest stock results, provided by telegraph, or wire service, from Western Union, and those who were closest gained the advantage. Prior to this invention any stock summary information displays were hand-written, usually on a chalk board. Furber created a system that projected and enlarged the stock quotations from the ticker tape onto a rear projection screen. It is this stock ticker that gave the name to the company, with "Trans-Lux" meaning "moving light". Even today, Trans-Lux is a major supplier of display devices for stock exchanges in many countries. Financing this new operation required more capital, so Furber took his company public on August 26, 1925. It was listed on the New York Curb Exchange, which later became the American Stock Exchange. That year, the company had 41 installations throughout the country on stock exchange floors and in brokerage house boardrooms.  

 

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