Black Thursday: October 24, 1929

Thursday, October 24, 1929, Page 1, Col. 1

PRICES OF STOCKS CRASH IN HEAVY LIQUIDATION, TOTAL DROP OF BILLIONS
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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

Page 2, Col. 1

SAYS STOCK SLUMP IS ONLY TEMPORARY

Professor Fisher Tells Capital Bankers Market Rise Since War Has Been Justified.
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ECONOMIC REASONS CITED
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"Public Speculative Mania," He Declares, is Least Important Cause 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	LOSSES RECOVERED IN PART
Five Wall Street Bankers Hold Two Meetings at Morgan Office	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

Saturday, October 26, 1929, Page 2, Col. 5

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

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
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PREMIER ISSUES HARD HIT
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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

240 Issues Lose $15,894,818,894 in Month; Slump in Full Exchange List Vastly Larger