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History of the Computer Industry in America

The LARC had a core memory of 98,000 words and multiplied in 10 microseconds. Stretch was provided with several ranks of memory having slower access for the ranks of greater capacity, the fastest access time being less than 1 microseconds and the total capacity in the vicinity of 100 million words (Chposky, 147). During this time the major computer manufacturers began to offer a range of computer capabilities, as well as various computer-related equipment. These included input means such as consoles and card feeders; output means such as page printers, cathode-ray-tube displays, and graphing devices; and optional magnetic-tape and magnetic-disk file storage. These found wide use in business for such applications as accounting, payroll, inventory control, ordering supplies, and billing. Central processing units (CPUs) for such purposes did not need to be very fast arithmetically and were primarily used to access large amounts of records on file. The greatest number of computer systems were delivered for the larger applications, such as in hospitals for keeping track of patient records, medications, and treatments given. They were also used in automated library systems and in database systems such as the Chemical Abstracts system, where computer records now on file cover nearly all known chemical compounds ...

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