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DJIA: 1929
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Wednesday, July 3, 1929
SEES STOCK RISE JUSTIFIED
Moody's Says Returns Are In Line With Industrial Activity
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Friday, September 6, 1929
STOCK PRICES BREAK ON DARK PROPHECY
Drop In Hectic Last Hour As
Babson's Prediction Of A Big Slump Is Printed
BABSON PREDICTS 'CRASH' IN STOCKS: Says Wise Investors Will Pay Up Loans And
Avoid Marging [sic] Trading
FISHER VIEW
IS OPPOSITE: Declares No Big Recession In Market Is Due, Because
Inventions Are Adding To Health
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Wednesday, October 2, 1929
HAZLEWOOD
WARNS BANKERS ON CREDITS
He Tells Convention Tendency is to "Pass the
Buck" On Market Loans to Reserve Board
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CALLS THEM RESPONSIBLE
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Not Reserve System's Duty to Assume Burden, Says President at San Francisco Meeting
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CONFIDENCE IS UNSHAKEN
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But He Declares That Some Institutions Are Overloaded At The Present Time
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Sunday, October 13, 1929
STOCK PRICES WILL STAY AT HIGH LEVEL FOR YEARS TO COME,
SAYS OHIO ECONOMIST
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Wednesday, October 16, 1929
FISHER SEES STOCKS PERMANENTLY HIGH
Yale Economist Tells Purchasing Agents Increased Earnings Justify Rise
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AYRES SEES MARKET AS 'CREEPING BEAR'
Fall of Prices Began Months Ago, He Says, but
Was Hidden by Rising Averages
DECLINE IN AUTUMN USUAL
Recession This Season About 14 Per Cent,
Against Normal Drop of 9, He Reports
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MITCHELL ASSERTS STOCKS ARE SOUND
Banker, Sailing From Europe, Says He Sees No
Signs of Wall Street Slump
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Tuesday, October 22, 1929
FISHER SAYS PRICES OF STOCKS ARE LOW
Quotations Have Not Caught Up With Real Values As Yet, He Declares
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SEES NO CAUSE FOR SLUMP
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Economist Tells Credit Men that
Market Has Not Been Inflated, But Merely Readjusted
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Wednesday, October 23, 1929
STOCKS GAIN SHARPLY BUT SLIP NEAR CLOSE
Vigorous Recovery Marks Most of Day and Many Issues Show Net Advances
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MARKET GLOOM LESSENED
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Banking Support, Ease of Money and Mitchell's Optimistic Statement Help Rally
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... here comes the CRASH ...
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Thursday, October 24, 1929 : Black Thursday
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PRICES OF STOCKS CRASH IN HEAVY LIQUIDATION,
TOTAL DROP OF BILLIONS
PAPER LOSS $4,000,000,000
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2,600,000 Shares Sold In The Final Hour In Record Decline
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MANY ACCOUNTS WIPED OUT
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But No Brokerage House Is In Difficulties, As Margins Have Been Kept High
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ORGANIZED BANKING ABSENT
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Bankers Confer On Steps To Support Market - Highest Break Is 96 Points
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 Cause of Price
Inflation
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Friday, October 25, 1929
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 200,000-Share Order for Steel
TICKERS LAG FOUR HOURS
Thousands of Accounts Wiped Out, With Traders in Dark as to Events on Exchange
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Saturday, October 26, 1929
CAUTION ADVISED BY STOCK BROKERS
Letters to Clients Warn Against Hysterical Selling and Favor Some Buying
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TONE IS OPTIMISTIC
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Narrow Trading is Predicted for a Time Till the Market Recuperates
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Tuesday, October 29, 1929 : Black Tuesday
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
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PREMIER ISSUES HARD HIT
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Unexpected Torrent of Liquidation Again Rocks Markets
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Wednesday, October 30, 1929
STOCKS COLLAPSE IN 16,410,030-SHARE DAY,
BUT RALLY AT CLOSE CHEERS
BROKERS;
BANKERS OPTIMISTIC, TO CONTINUE AID
240 Issues Lose $15,894,818,894 in Month;
Slump in Full Exchange List Vastly Larger
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Friday, November 1, 1929
SISSON
DECRIES INFLATION
Lays Crash to Small Investors' Lack of Experience
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Thursday, December 19, 1929
LAYS STOCK BREAKS TO MOB PSYCHOLOGY
W.W. Price
Says Crashes Will Come So Long as Facilities for Speculation Exist
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ARMSTRONG IS OPTIMISTIC
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Consul General Tells British Chamber England Has Weathered the Worst of Industrial Crisis
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... and then there's
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