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"Black Thursday" as reported in the Wall Street Journal...
"Black Thursday" as reported in the Wall Street Journal...
Item # 629669
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October 25, 1929
THE WALL STREET JOURNAL, October 25, 1929
* Stock market crash of 1929
* Wall Street's "Black Thursday"
* Best title to be had (very rare)
Certainly the most desired newspaper reporting events of the 1929 stock market crash is the Wall Street Journal. As history notes, the crash began on "Black Thursday", October 24, with another major crash on "Black Tuesday", October 29. This issue reports the events of Black Thursday.
Typical with the format of the Wall St. Journal there are no dramatic headlines. The top of the front page does try to offer an encouraging note with column heads: "BANKERS HALT STOCK DEBACLE" "2-Hour Selling Deluge Stopped After Conference at Morgan Offices" "$1,000,000,000 For Support". The text begins: "Strong banking support, thrown behind the stock market shortly after noon on Thursday, stopped the tremendous wave of liquidation which had brought about, in the first two hours of trading, probably the most demoralized condition in stock market history..." with more (see).
Also at the top of the front page under "Day's Market and News" has a sentence noting: "Stocks decline sharply on largest turnover in Stock Exchange history." Curiously, the front page also has under: "Review and Outlook" an article headed: "Turn in The Tide" which seems to note a prediction of the market turn, several days before it happened (see).
An inside and back page have large charts of "New York Stock Exchange Transactions".
Complete in 24 pages, several tiny tears, light toning and a bit of margin chipping. It should be handled with care.
Category: The 20th Century
No Longer Available
