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TODAY IN HISTORY

  First stock ticker debuts On November 15, 1867, the first stock ticker is unveiled in New York City. The advent of the ticker ultimately revolutionized the stock market by making up-to-the-minute prices available to investors around the country. Prior to this development, information from the New York Stock Exchange, which has been around since 1792, traveled by mail or messenger. The ticker was the brainchild of Edward Calahan, who configured a telegraph machine to print stock quotes on streams of paper tape (the same paper tape later used in ticker-tape parades). The ticker, which caught on quickly with investors, got its name from the sound its type wheel made. The last mechanical stock ticker debuted in 1960 and was eventually replaced by computerized tickers with electronic displays. A ticker shows a stock’s symbol, how many shares have traded that day and the price per share. It also tells how much the price has changed from the previous day’s closing price and whether it’s an

TODAY IN HISTORY

  Herman Melville publishes “Moby-Dick” Moby-Dick is now considered a great classic of American literature and contains one of the most famous opening lines in fiction: “Call me Ishmael.” Initially, though, the book about Captain Ahab and his quest to catch a giant white whale was a flop. Its author, Herman Melville was born in New York City in 1819. As a young man, he spent time in the merchant marines, the U.S. Navy and on a whaling ship in the South Seas. In 1846, he published his first novel, Typee, a romantic adventure based on his experiences in Polynesia. The book was a success and a sequel, Omoo, was published in 1847. Three more novels followed, with mixed critical and commercial results.  Melville’s sixth book, Moby-Dick, was first published in October 1851 in London, in three volumes titled The Whale, and then in the U.S. a month later. Melville had promised his publisher an adventure story similar to his popular earlier works, but instead, Moby-Dick was a tragic epic, influ
  Vietnam Veterans Memorial dedicated Near the end of a weeklong national salute to Americans who served in the Vietnam War, the Vietnam Veterans Memorial is dedicated in Washington, D.C. after a march to its site by thousands of veterans of the conflict. The long-awaited memorial was a simple V-shaped black-granite wall inscribed with the names of the 57,939 Americans who died in the conflict, arranged in order of death, not rank, as was common in other memorials. The designer of the memorial was Maya Lin, a Yale University architecture student who entered a nationwide competition to create a design for the monument. Lin, born in Ohio in 1959, was the daughter of Chinese immigrants. Many veterans’ groups were opposed to Lin’s winning design, which lacked a standard memorial’s heroic statues and stirring words. However, a remarkable shift in public opinion occurred in the months after the memorial’s dedication. Veterans and families of the dead walked the black reflective wall, seeking

TODAY IN HISTORY

  Ellis Island closes On November 12, 1954, Ellis Island, the gateway to America, shuts it doors after processing more than 12 million immigrants since opening in 1892. Today, tens of millions of Americans can trace their roots through Ellis Island, located in New York Harbor off the New Jersey coast and named for merchant Samuel Ellis, who owned the land in the 1770s. On January 2, 1892, 15-year-old Annie Moore, from Ireland, became the first person to pass through the newly opened Ellis Island, which President Benjamin Harrison designated as America’s first federal immigration center in 1890. Before that time, the processing of immigrants had been handled by individual states. Not all immigrants who sailed into New York had to go through Ellis Island. First- and second-class passengers submitted to a brief shipboard inspection and then disembarked at the piers in New York or New Jersey, where they passed through customs. People in third class, though, were transported to Ellis Island

TODAY IN HISTORY

  Armistice Day: World War I ends At the 11th hour on the 11th day of the 11th month of 1918, the Great War ends. At 5 a.m. that morning, Germany, bereft of manpower and supplies and faced with imminent invasion, signed an armistice agreement with the Allies in a railroad car outside CompiĆ©gne, France. The First World War left nine million soldiers dead and 21 million wounded, with Germany, Russia, Austria-Hungary, France and Great Britain each losing nearly a million or more lives. In addition, at least five million civilians died from disease, starvation, or exposure. On June 28, 1914, in an event that is widely regarded as sparking the outbreak of World War I, Archduke Franz Ferdinand, heir to the Austro-Hungarian empire, was shot to death with his wife by Bosnian Serb Gavrilo Princip in Sarajevo, Bosnia. Ferdinand had been inspecting his uncle’s imperial armed forces in Bosnia and Herzegovina, despite the threat of Serbian nationalists who wanted these Austro-Hungarian possessions