The Rest of the Story

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Thursday, October 24, 1929, Page 1 Col. 1--PRICES OF STOCKS CRASH IN HEAVY LIQUIDATION, TOTAL DROP OF BILLIONS--PAPER LOSS $4,000,000,000--2,6000,000 SHARES SOLD IN THE FINAL HOUR IN RECORD DECLINE--MANY ACCOUNTS WIPED OUT--But No Brokerage House Is In Difficulties, As Margins Have Been Kept High--Orgainzed Banking Absent--Bankers Confer On Steps To Support Market--Highest Break Is 96 Points

Page 2, Col. 1--SAYS STOCK SLUMP IS ONLY TEMPORARY--Professor Fisher Tells Capital Bankers Market Rise Since War Has Been Justified, Economic Reasons Cited--"Public Speculative Mania," He Declares, is Least Important Casue of Price Inflation

Friday, October 24, 1929, Page 1, Columns 5-8--WORST STOCK CRASH STEMMED BY BANKS; 12,894,650-SHARE DAY SWAMPS MARKET; LEADERS CONFER, FIND CONDITIONS SOUND--Financiers Ease Tension--Five Wall Street Bankers Hold Two Meetings at Morgan Office, LOSSES RECOVERED IN PART, Upward Trend Start With 2000,000- Share Order for Steel TICKERS LAG FOUR HOURS--Thousands of Accounts Wiped Out, With Treaders in Dark as to Events on Exchange

Saturday, October 26, 1929, Page 2, Col. 5--CAUTION ADVISED BY STOCK BROKERS--Letters to Clients Warn Against Hysterical Selling and Favor Some Buying--TONE IS OPTIMISTIC--Narrow Trading is Predicted for a Time Till the Market Recuperates

Tuesday, October 29, 1929, Page 1, Col. 6--STOCK PRICES SLUMP $14,000,000,000 IN NATION-WIDE STAMPEDE TO UNLOAD; BANKERS TO SUPPORT MARKET TODAY--Sixteen Leading Issues Down $2,893,520,108; Tel. & Tel. and Steel Among Heaviest Losses--Premier Issues Hard Hit--Unexpected Torrent of Liquidation Again Rocks Markets

Wednesday, October 30, 1929, Page 1, Columns 6-8--STOCKS COLLAPSE IN 16,410,030-SHARE DAY, BUT RALLY AT CLOSE CHEERS BROKERS; BANKERS OPTIMISTIC, TO CONTINUE AID

On to the Aftermath---

-- DeJavueII (Dejavue II@Dejavuetoyoutoo.com), August 02, 1999


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