Search results
Results from the WOW.Com Content Network
The Day America Crashed: A Narrative Account of the Great Stock Market Crash of October 24, 1929. New York: G.P. Putnam. ISBN 0399116133. Thomas, Gordon and Morgan-Witts, Max (1979). The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929. Garden City, New York: Doubleday. ISBN 0385143702; Watkins, Tom H. (1993).
However, the mini-crash was averted two days later when National City Bank pumped $25 million in credit into the stock market. Summer: Consumer spending and industrial production begin to stagnate. The Federal Reserve continues with its plan to raise interest rates from 4% in mid-1928 to 6% by mid-1929 in an attempt to combat speculative behavior.
The Wall Street Crash of 1929 is often cited as the beginning of the Great Depression. It began on October 24, 1929, and kept going down until March 1933. It was the longest and most devastating stock market crash in the history of the United States.
Crowd gathers during the Wall Street crash of 1929 October 11 – J. C. Penney opens Store #1252 in Milford, Delaware , making it a nationwide company with department stores in all 48 states. October 14 – The Philadelphia Athletics defeat the Chicago Cubs , 4 games to 1, to win their 4th World Series Title.
The City Hall-County Building, commonly known as City Hall, is a 12-story building in Chicago, Illinois, that houses the seats of government of the City of Chicago and Cook County. [ 1 ] [ 2 ] The building's west side (City Hall, 121 N. LaSalle St.) [ 3 ] holds the offices of the mayor , city clerk , and city treasurer ; some city departments ...
Pages for logged out editors learn more. Contributions; Talk; 1929 Wall Street Crash
CHICAGO — The names of four fallen officers, including one who died more than 100 years ago, were added Wednesday to the memorial wall at Gold Star Families Memorial and Park, just east of ...
Sen. Burton Wheeler (left) greets Whitney in 1937. On October 24, 1929, Black Thursday, he attempted to avert the Wall Street crash of 1929.Alarmed by rapidly falling stock prices, several leading Wall Street bankers met to find a solution to the panic and chaos on the trading floor of the New York Stock Exchange. [5]