[GreenKeys] Model 14 & 15s, who where the main users of fractions ?

[Pete Lancashire]

I can understand the connection between fractions and the Stock market but
didnt guess in the 20s how much it influenced communications.

Maybe the same reason the British pound symbol was part of the standard
set. Up to WW2 London was the financial hub.

On Jul 18, 2017 4:58 PM, "gil" <gil at baudot.net> wrote:

> Well, US currency may need fractions soon so no rush to update your
> typebox.
>
>
> Sent from my Teletype Device
>
>
> -------- Original message --------
> From: Thomas Tillson via GreenKeys <greenkeys at mailman.qth.net>
> Date:07/18/2017 4:40 PM (GMT-07:00)
> To: kwlueck at swbell.net, pete at petelancashire.com, GreenKeys at mailman.qth.net
> Cc:
> Subject: Re: [GreenKeys] Model 14 & 15s, who where the main users of
> fractions ?
>
> Just as an FYI and FWIW:
>
> Here is an explanation of the 1/8th system of trading.
>
> http://www.coinlink.com/News/world-coins/history-of-coins-
> two-bits-four-bits-six-bits-eight/
>
> Tom Tillson
>
> In a message dated 7/18/2017 6:27:24 P.M. Eastern Daylight Time,
> kwlueck at swbell.net writes:
>
> I believe those the fractions were used for financial applications.
> Stocks used to be traded in 1/8ths.  At some point, they changed to
> 1/16ths, and finally to decimal in 2001.
>
> Keith
>
>
> ------------------------------
> *From:* Pete Lancashire <pete at petelancashire.com>
> *To:* greenkeys <GreenKeys at mailman.qth.net>
> *Sent:* Tuesday, July 18, 2017 4:46 PM
> *Subject:* [GreenKeys] Model 14 & 15s, who where the main users of
> fractions ?
>
> Just curious now that I have a 14, 15 and 19 that someday will want to
> change from fraction to 'normal'.
>
> Was TWX the main user of fractions ? Any documentation why the decision to
> use
> fractions vs the other UC characters ?
>
>
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