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Beginning of Paper
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The 1929 Stock Market Crash
In early 1928 the Dow Jones Average went from a low of 191 early in the year, to a high of 300 in December of 1928 and peaked at 381 in September of 1929. (1929
) It was anticipated that the increases in earnings and dividends would continue. (1929
) The price to earnings ratings rose from 10 to 12 to 20 and higher for the markets favorite stocks. (1929
) Observers believed ....
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Middle of Paper
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.... staff was also arranged at the members boxes around the floor. (1929
) The Dow Jones Average closed at 299 that day. (1929
)
On Tuesday, October 29th, 1929, the crash began. (1929
) Within the first few hours, the price fell so far as to wipe out all gains that had been made the entire previous year. (1929
) This day the Dow Jones Average would close at 230. (1929
) Between October 29th, and November 13 over 30 billion dollars disappeared from the American economy. (1929
....
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ADDITIONAL FEATURED ESSAYS
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