Editing Ticker-tape parade (section)

==History==
[[File:Beatrix in New York.jpg|thumb|The initial stages of a New York City ticker-tape parade for [[Beatrix of the Netherlands]] in 1959]]
[[File:Charles de Gaulle visita o Brasil, 1964.tif|thumb|Ticker-tape parade for French president [[Charles de Gaulle]] in [[Rio de Janeiro]], Brazil, 1964]]
The term originated in [[New York City]] after a spontaneous celebration held on October 28, 1886, during the dedication of the [[Statue of Liberty]]<ref>{{cite news|title=The Sights and Sightseers|work=[[The New York Times]]|date=October 29, 1886|url=https://query.nytimes.com/gst/abstract.html?res=9900E0D61E30E533A2575AC2A9669D94679FD7CF|access-date=2010-02-15}}</ref> and is still most closely associated with New York City. The term ''ticker tape'' originally referred to the use of the paper output of [[ticker tape|ticker-tape machine]]s, which were remotely driven devices used in brokerages to provide updated [[stock market]] [[Financial quote|quote]]s. The term ''ticker'' came from the sound made by the machine as it printed.<ref>{{Cite web |last=Hayes |first=Adam |date=April 22, 2022 |title=Ticker Tape |url=https://www.investopedia.com/terms/t/tickertape.asp |access-date=2022-10-28 |website=Investopedia |language=en}}</ref>

In New York City, ticker-tape parades are reserved for special occasions. Soon after the first such parade in 1886, city officials realized the utility of such events and began to hold them on [[Roman triumph|triumphal]] occasions, such as the return of [[Theodore Roosevelt]] from [[Smithsonian–Roosevelt African Expedition|his African safari]], [[Gertrude Ederle]] swimming the [[English Channel]], and [[Charles Lindbergh]]'s trans-Atlantic flight. The first individual to be honored with a ticker-tape parade was Admiral [[George Dewey]], hero of the [[battle of Manila Bay]], in 1899, when two million people came out to New York City.<ref>Laura Fitzpatrick ''"[https://web.archive.org/web/20091109023517/http://www.time.com/time/nation/article/0,8599,1935808,00.html Brief History Ticker-Tape Parades]."'' Time Magazine 6 November 2009</ref> Following [[World War II]], several ticker-tape parades were given in honor of victorious [[general]]s and [[admiral]]s, including General [[Dwight D. Eisenhower]] and Admiral [[Chester Nimitz]]. Two of the longest and largest ticker-tape parades were given for [[World War II]] and [[Korean War]] General [[Douglas MacArthur]] in 1951, after he was [[Relief of General Douglas MacArthur|relieved of duty]] by President [[Harry S. Truman]], and for astronaut [[John Glenn]] in 1962.<ref>{{cite news|title=Ticker-Tape Parades: Which Were Biggest?|url=https://www.nytimes.com/1986/10/29/nyregion/ticker-tape-parades-which-were-biggest.html|access-date=10 July 2015|work=New York Times|date=29 October 1986}}</ref>  Golfing greats [[Bobby Jones (golfer)|Bobby Jones]] (1921 and 1930) and [[Ben Hogan]] (1953) were honored with ticker-tape parades after their [[Open Championship|British Open]] triumphs.

The section of lower [[Broadway (Manhattan)|Broadway]] through the [[Financial District (Manhattan)|Financial District]] that serves as the parade route for these events is colloquially called the "[[Canyon of Heroes]]". More than 200 black granite strips embedded in the sidewalks along the Canyon of Heroes list honorees of past ticker-tape parades.<ref>{{cite news|title=Super Bowl-Winning Giants Get Canyon of Heroes Honor|first=Fernanda|last=Santos|url=https://www.nytimes.com/2008/06/11/nyregion/11bloomberg.html|newspaper=[[The New York Times]]|date=11 June 2008|access-date=4 August 2008|quote=The plaque is one of the more than 200 granite strips in a route known as the Canyon of Heroes, marking those who have been honored by the city with ticker-tape parades.}}</ref> By the early 21st century, such parades became far more infrequent, largely limited to championship sports teams, and celebrations of the return of astronauts and military troops.

Ticker tape technology became obsolete in the 1960s, as television and computers came into use for transmitting financial information. Modern parades utilize waste office paper and toilet paper that have been cut using conventional [[paper shredder]]s.<ref>[https://www.wsj.com/articles/nyc-ticker-tape-parade-for-u-s-womens-soccer-steps-off-friday-1436522401 NYC Ticker-Tape Parade for U.S. Women's Soccer Steps Off Friday]</ref> [[Government of New York City|The city]] also distributes paper confetti.<ref>Belson, Ken (February 7, 2008). [http://cityroom.blogs.nytimes.com/2008/02/07/they-dont-throw-paper-like-they-used-to/?_r=0 "They Don't Throw Paper Like They Used To"]. ''The New York Times''.</ref>