“Stocks Again Take Nose Dive” screamed across the front page of The Hutchinson News, out of
On This Day in 1929. Associated Press financial editor Stanley W. Prenosil
wrote “The flood of selling, which has wiped out at least 25 billons of dollars
…” That was on a Tuesday. Kansas
Wednesday, the Oakland Tribune, out of
reported that the New York Stock Exchange (NYSE) would be closed Friday and
Saturday. Thursday would be a short session. The San Francisco Stocks and Curb
exchanges would operate on regular hours Thursday but would be closed Friday
and Saturday as well. Oakland, California
Stock market crashes. 29 October 1929. History.com.
October 1929. Hutchinson . Hutchinson, Kansas
On This Day is a prompt to further explore historical events.
© Jeanne Ruczhak-Eckman, 2015