A Technoligical Newspaper
Facsimile Edition--Transmitted by Satellite
Logo, The Wall Street Journal
NEW YORK, CHICAGO, DALLAS, AND SAN FRANCISCO all had Dow Jones printing plants, but it was not until 1952 that Joseph Ackell, business manager and research director for the Journal, invented equipment that made possible the publication of multiple editions with identical news and statistical content.
Pursuing new advances in automatic typesetting, Ackell evolved his own remote-control electronic method, a vast improvement over the teletypesetter, which Ackell called "a clumsy substitution of solenoids for printers' fingers . . . it doesn't set type fast enough to be worthwhile." One morning Ackell escorted William Kerby to his machine shop on New York's lower Sixth Avenue and showed him a working model of a machine he called "Mary Ann." The new system worked with a paper tape punched out with a typewriterlike keyboard using a code of six electrical impulses.
The beaming Ackell announced that his newly created Electro- Typesetter could set the entire news and editorial content of The Wall Street Journal in Twenty-six hours--half the time it took with manual operation. By the end of 1955 presses producing identical editions started rolling at the four Dow Jones printing plants and at a new one