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

[gil]

Well, US currency may need fractions soon so no rush to update your typebox.


Sent from my Teletype Device

<div>-------- Original message --------</div><div>From: Thomas Tillson via GreenKeys <greenkeys at mailman.qth.net> </div><div>Date:07/18/2017  4:40 PM  (GMT-07:00) </div><div>To: kwlueck at swbell.net, pete at petelancashire.com, GreenKeys at mailman.qth.net </div><div>Cc:  </div><div>Subject: Re: [GreenKeys] Model 14 & 15s,	who where the main users of fractions ? </div><div>
</div>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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