In 1904, The New York Times moved its headquarters to what is now known as Times Square. That December, it held a New Year’s Eve celebration that proved to be quite popular. A few years later, the newspaper created an illuminated time ball—then a well-known dockside device by which sailors set their ships’ clocks—that would fall at midnight. The annual ball-drop outlived both the newspaper’s address on the square and the use of time balls in general. What was Times Square’s original name? Discuss
Source: The Free Dictionary