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Story
January 2, 1960
Atlanta Daily World
Atlanta, Fulton County, Georgia
What is this article about?
Goodbody & Co. automates its new Manhattan headquarters with the longest 143-foot conveyor belt in the investment field to handle surging stock market interest, plus TV cameras for stock tapes, computers, and links to 40 U.S. branches.
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Longest Conveyor Belt Serves
Rising Public Interest in Stocks
New York, N.Y. -- Greatly
increased public participation in
the stock market in recent
years has necessitated drastic
speed-up and automation in in-
vestment brokerage offices. An
example is the specially-design-
ed 143-foot two-tiered conveyor
belt in the new offices of Good-
body & Co. in Manhattan. Long-
est of its kind in the invest-
ment field, the belt speeds
thousands of written messages
between departments daily.
Other devices in the new
headquarters include internal
television cameras which flash
onto the stock tapes
to television receivers at fif-
teen different points within the
office; new type electronic com-
puters, message reproducing
devices and other novel high
speed communications equip-
ment linking the main office
with forty branch offices of
Goodbody & Co. throughout the
United States.
The conveyor belt shown
above, according to its manu-
facturers, will also have applic-
ations for department stores,
government offices and other
operations which involve a large
Rising Public Interest in Stocks
New York, N.Y. -- Greatly
increased public participation in
the stock market in recent
years has necessitated drastic
speed-up and automation in in-
vestment brokerage offices. An
example is the specially-design-
ed 143-foot two-tiered conveyor
belt in the new offices of Good-
body & Co. in Manhattan. Long-
est of its kind in the invest-
ment field, the belt speeds
thousands of written messages
between departments daily.
Other devices in the new
headquarters include internal
television cameras which flash
onto the stock tapes
to television receivers at fif-
teen different points within the
office; new type electronic com-
puters, message reproducing
devices and other novel high
speed communications equip-
ment linking the main office
with forty branch offices of
Goodbody & Co. throughout the
United States.
The conveyor belt shown
above, according to its manu-
facturers, will also have applic-
ations for department stores,
government offices and other
operations which involve a large
What sub-type of article is it?
Curiosity
Historical Event
What themes does it cover?
Triumph
What keywords are associated?
Conveyor Belt
Stock Market
Automation
Brokerage Offices
Goodbody & Co.
Manhattan
Television Cameras
Electronic Computers
Where did it happen?
Manhattan, New York, N.Y.
Story Details
Location
Manhattan, New York, N.Y.
Event Date
In Recent Years
Story Details
Increased public participation in the stock market leads to automation in brokerage offices, exemplified by a 143-foot two-tiered conveyor belt in Goodbody & Co.'s new Manhattan offices that speeds messages between departments, along with television cameras, electronic computers, and communications equipment linking to 40 branch offices.