(NEW YORK CITY) The New York Times reports on the Black Tues

Sale 2646 - Lot 227

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(NEW YORK CITY.) The New York Times reports on the "Black Tuesday" stock market crash. 52 pages, 22 1/4 x 17 1/2 inches, special rag-paper library edition, disbound; minimal wear. New York, 30 October 1929

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The Times reports on Black Tuesday, which signaled the start of the Great Depression. They attempted to put a positive spin on the imploding stock market in a 4-column headline: "Stocks Collapse in 16,410,030-Share Day, but Rally at Close Cheers Brokers; Bankers Optimistic, To Continue Aid." Losses were estimated at between 8 and 9 billion dollars. More extensive coverage on pages 2 through 7 includes headlines such as "Curb Stock Drop Largest on Record" and "Crowds See Market History Made; Phones, Cables Swamped." More financial news and stock prices can be found on pages 31 to 42.