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  • Saturday, 19 October 19293,488,100 shares were bought and sold. there was heavy trading as prices began falling
  • Sunday, 20 October 1929the market was closed. The New York Times ran the headline: 'STOCKS DRIVEN DOWN AS WASVE OF SELLING ENGULFS MARKET
  • Monday, 21 October 19296,091,871 shares changed hands. Prices fell but then went up again as there was still people who wanted to buy shares
  • Tuesday, 22 October 1929Prices rose slightly
  • Wednesday, 23 October 1929heavy selling of shares in car accessory companies spread to other stocks. in the last hour of trading 2,600,000 shares were sold at ever falling prices. many people decided that now was the time to get out and sell. Speculators who had bought shares 'on the margin' were told to put loans. But to get the money to do this they had to sell some shares
  • 'black' Thursday, 24 October 192912,894,650 shares were traded in one day. prices fell so fast that panic set in and there was a wild scramble to sell. Sometimes no buyer for the shares could be found and prices dived downfurther
  • Friday, 25 October 1929At mid-day top bankers met and decided to support the market. Prices steadied and even rose. Richard Whitney (a broker for the huge firm of J.P. Morgan) strolled around buying shares for more than their current price
  • Saturday, 26 October 1929President Herbert Hoover said: 'The fundamental business of the country, that is production and distribution of commodities, is on a sound and prosperous basis.
  • Monday, 28 October 1929Heavy selling started again. 9,212,800 shares were bought and sold at rapidly falling prices. Three million shares were sold in the last hour of business alone.
  • Tuesday, 29 Ocotber192916,410,030 shares were traded in the worst day in history of the New York stock market. Buyers could not be found at all and panic set in. Shares lost their value and the wealthy, as well as small shareholders, were hit badly.
  • THE MARKET HAD CRASHED!
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