US752059A

US752059A - George stagg gallagher

Info

Publication number: US752059A
Authority: US
Publication date: 1904-02-16
Anticipated expiration: 1921-02-16

Description

No. 752,059. I PATENTED FEB. 16,1904. G. s. GALLAGHER. SYSTEM FOR OPERATING STOCK BOARDS.

APPLICATION FILED APR. 29, 1903.

H0 MODEL.

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UNITED STATES Patented February 16, 1904;

PATENT OFFICE.

GEORGE STAGG GALLAGHER, OF NEW YORK, N. Y., ASSIGNOR TO HIMSELF, RUPERT L. JOSEPH, AND FRANK E. BURROVVS, OF

NEW YORK, N. Y.

SYSTEM FOR OPERATING STOCK-BOARDS.

SPECIFICATION forming part of Letters Patent No. 752,059, dated February 16, 1904.

Application filed April 29, 1903. {Serial No. 154,783 (No model.)

To all whom it may concern:

Be it known that I, GEORGE STAGG GALLA- once, a citizen of the United States, residing in the borough of Manhattan, city, county, and State of New York, have invented an Improvement in Systems for Operating Stock-Boards, of which the following is a specification.

Heretofore it has been customary to place stock-quotations on stock-boards manually; and the object of my invention is to provide a system whereby stock-quotations may be printed electrically and simultaneously upon one or more stock-boards.

According to the present invention my improved system consists in a single stock-board or series of similar duplicate stock-boards, each stock-board comprising a series of paper strips for quotations of difierent stocks, an electrical printing-machine for each paper strip, an operating device for the printing-machines, a circuit-selector, a circuit-maker, means for actuating the same, and means for short-circuiting any stock-board in the system.

In the drawings, Figure 1 is adiagrammatic view of my system of operating stock-boards. Fig. 2 is a front elevation of a stock-board, and Fig. 3 is a transverse vertical section of the same.

a; represents a stock-board, the lower part of which is adapted to receive a number of electric printing instruments, preferably as shown and described in my copending application, Serial No. 154,782, for Letters Patent for electrical printing-machines. The face of the stock-board is preferably divided into a number of vertical spaces Z), equal in number to the printing instruments used and each adapted to receive the paper strip 0 from one of the instruments,'every stockto be quoted on the board having its own instrument, paper strip, and space in the board; I also employ a circuit-selector 03 and anoperating de- Vice 6 for the printing-machines adapted to rapidly make and break electric circuits and to momentarily keep a circuit closed, as shown and described in my, copending application,

Serial No. 154,7 81, for Letters Patent for op erating devices for electrically controlled mechanism.

2 and 3 represent electromagnets, one pair for each stock-board and placed in series in the circuit, which may be closed by the selector cl in any predetermined position. Each electromagnet 3 actuates a latch 4, to throw a switch 5, closing the independent circuit it of a small motor 6. vThe position of the contact 7 is regulated by a governor 8 on the shaft of the motor 6, so that when the motor is not running the contact 7 is brought against the terminals 9 10.

f represents a circuit-maker, one of which is employed for each stock-board in the system. The circuit-maker comprises a contactarm 11, revolved by an escapement 12, which is actuated by the magnet 2 through the arm 13. As the contact-arm 11 revolves it bears successively upon contacts 14, which correspond in numberv with the spaces on the stockboard, each contact 14: being connected by a conductor 15 to one of the terminalsiof one printing instrument, the other terminal of the instrument being connected to the operating device 6 by meansof lines 16 and 17. The contact-arm 11 is connected with the terminal 9 by the conductor 18, and the terminal 10 is connected to the line 17 by a conductor 19,

the terminal 9 being connected to the line 20,

leading to the next board, by a conductor 21. One generator 8; may be employed to supply the current for the entire system.

The number of positions in which the selector d may be stopped corresponds to the number of instruments employed in the boards, and consequently to the number of contacts on the circuit-makers f.- The circuit through the magnets 2 is rapidly made and broken by the selector d energizing and deenergizing the magnet 2,'thereby actuating the escapement to revolve the contact-arm 11. Hence when the circuit is closed the contactarm stops on the contact corresponding to the position in which the selector al was stopped and connects the instrument corresponding with this position with the operating device 6. The number of positions in which the operating device 6 may be stopped corresponds with the number of characters which each instrument is capable of printing, and when the operating device 6 is stopped the instrument cor responding to the stopped position of the selector cl prints the character corresponding to the stopped position of the operating device 6, provided. the switch 5 is closed and the contact 7 is not in connection with the terminals 9 and 10. If the switch 5 is open and the contact 7 in connection with the terminals 9 and 10, the stock-board will be short-circuited through these parts and the

conductors

19 and 21.

In the operation of the system the selector d is stopped at the position of the stock to be quoted. This stops the arm 11 on the desired contact 14, throws the switches 5, and disconnects the contact 7 from the terminals 9 and 10. The operating device 0 is then stopped successively in the positions corresponding to the characters employed in quoting the stock, the stopping of the operating device 6 causing the instrument with which it is in circuit to print the characters corresponding to the stops made by the operating device.

In Fig. 3, 22 represents the type-wheel of the printing instrument; 23, the striking-hammer; 24, the magnet for actuating the hammer; 25, the drum upon which the paper strip 0 is wound, and 26 the drum from which the same is unwound.

I claim as my invention 1. A stock-board-operating system, comprising a series of movable paper strips for quotations of diiferent stocks, an electrical printing instrument for each paper strip, a circuit-maker for-successively completing the electric circuit through the several printing instruments, a circuit-selector for controlling said circuit-maker and an operating device for controlling the printing instrument.

2. A stock board operating system, comprising a plurality of stock-boards each consisting in a frame, a number of electrical printing instruments and a movable paper strip for each printing instrument, a circuit-maker for successively completing the electric circuit through the several printing instruments, a circuit-selector for controlling the said circuit-maker and an operating device for controlling the printing instrument.

3. A stock board-operating system, comprising a plurality of stock-boards, each consisting in aframe, a number of electrical printing instruments and a movable paper strip for each printing instrument, a circuit-maker for successively completing the circuit through the several printing instruments and having a contact for each printing instrument employed, means for actuating said circuit-maker to successively complete the electric circuit through each printing instrument, a selector for controlling the said circuit-maker to determine'which printing instrument is to be employed, and an operating device for determining which characters the printing instrument selected is to print.

4. A stock-board-operating system, comprising a plurality of stock-boards, each consisting in aframe, anumber of electrical printing instruments, a movable paper strip for each printing instrument, a circuit-maker for successively completing the circuit through the several printing instruments and having a contact for each printing instrument employed, an escapement mechanism and an electromagnet for actuating said circuit-maker to successively complete the circuit through each printing instrument, a selector for controlling the said circuit-maker to determine which printing instrument is to be employed, and an operating device for determining which character the printing instrument selected is to print.

5. A stock-board-operating system, comprising a plurality of stock-boards each consisting-in a frame, a number of electrical printing instruments and a movable paper strip for each printing instrument, a circuit-maker for successively completing the electric circuit through the several printing instruments, a circuit-selector for controlling the said circuitmaker, an operating device for controlling the printing instruments, and means for short-circuiting any stock-board in the system.

5. A stock-board-operating system, comprising a plurality of stock-boards, each consisting in a frame, a number of electrical printing instruments and a movable paper strip for each instrument, a circuit-maker for successively completing the electric circuit through the several printing instruments and having a contact for each printing instrument employed, a contact-arm adapted to bear on said contacts, an escapement mechanism for rotating said contact-arm, a selector for controlling said circuit-maker to determine which instrument is to be employed, a magnet in the circuit of said selector and adapted to actuate said escapement mechanism, and an operating device for determining which characters the printing instrument is to print.

7. A stock-board-operating system, comprising a plurality of stock-boards, each consisting in a frame, a number of electrical printing instruments and a movable paper strip for each printing instrument, a circuit-maker for successively closing the electric circuit through each printing instrument and having a contact for each printing instrument employed, a contact-arm adapted to bear on said contacts, an escapement mechanism for rotating said contact-arm, a selector for controlling circniting' any of the stock-boards in the syssaid circuit-maker to determine which printing tem. instrument is to be employed, a magnet in the Signed by me this 25th day of March, 1903; I circuit of said selector adapted to actuate said GEORGE STAGG GALLAGHER.

; escapenient mechanism, an operating device Witnesses:

for determining which character the printing GEO. T. PINCKNEY, instrument is to print, and means for short- S. T. HAVILAND.