The cowboy sat down in a room where there were a number of chairs facing a big blackboard. There were a stepladder and a chair in front of the blackboard, and off to one side was a machine in a glass case with a high basket standing under it. A ribbon of paper hung from the machine into the basket. This, of course, was the “ticker” which received and recorded the quotations of stocks at the Exchange, but it was not yet time for it to begin work.