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TICKER TAPE PARADE MISSED MAIN INGREDIENT

Something may have been missing from the New York Yankees' ticker tape parade.

No one seems to make the stuff any more.

Trans-Lux Corp., once the main provider of ticker tape and the clattering machines that went with it, now makes only electronic displays for stock quotes and financial information.

Shredded telephone books and computer paper have replaced the long strips of paper that gave the parades their name.

When Wall Street began phasing out ticker tape in the 1980s and early 1990s, Trans-Lux hired other companies to slice the paper into thin rolls, a spokeswoman said.

She said Tuesday that Trans-Lux stopped buying the cut tape about three years ago, and stopped making the machines about the same time.

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