The Tale of the Ticker Tape,
or How Adversity and Spontaneity
Hatched a New York Tradition
What was Planned as a Grand Affair became a Comedy of Errors
New York’s first ticker-tape parade erupted spontaneously from bad weather and an over-zealous stockbroker.
While the festivities in New York Harbor didn’t go as scripted that afternoon, the spontaneous gesture it generated from the brokerage houses lining Broadway famously lives on more than a century later.
On October 28, 1886, Liberty Enlightening the World was to be unveiled to New York City and the world as it stood atop its tall base on Bedloe’s Island. But the morning mist had turned to afternoon fog, blurring the view of the statue from revelers on the Manhattan shore and the long parade of three hundred ships on the Hudson River.
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