Word: buts
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Dates: during 1920-1929
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Despite the rapid Thursday afternoon recovery, the low point of the swinging pendulum cut off many a speculative head. Roaring was the business done by down, town speakeasies. Wild were the rumors of ruin and suicide. In Manhattan, one Abraham Germansky, realtor, was last seen tearing ticker tape. In Seattle...
Soundly anti-climactic was the remainder of the trading week. The recovery of Thursday afternoon had brought most of the list back to within a few points of its Thursday opening. In the two final days an unofficial but obviously potent banking pool stood ready to prevent a retreat from...
Undaunted by pooling bankers, the big and now successful Bears made Monday, Oct. 28, a day of fresh disaster. Over the weekend many an investor had fully realized the necessity for an immediate exit from the market. Thus the session, opening with an accumulation of selling orders, both amateur and...
By Tuesday morning the suspicion that there might be a panic had turned to the apprehension that there was a panic. With the market failing to show even the usual closing rally, it appeared that Messrs. Lamont, Mitchell and their associates had been content to witness a liquidation that might...
When Tuesday came, nobody could make any sense of performances on the stock exchange, where the almost incredible number of 16,338,000 shares of U. S. Industry & Commerce were dumped as if they were so much junk. The day's transactions, including odd lots and other exchanges, undoubtedly...