| Summary: | "Staple Off $2.50 a Bale and Wheat Declines 12 Cents." This article reports stock market conditions on "Black Thursday," when "Stocks were again dumped on the market in terrific volume...and wall Street trading facilities were completely swamped." Despite the significant downturn, not all predict long-term negative effects: "While the terrific collapse of prices was by far the most precipitous ever seen, veteran Wall Street observers said the decline, in view of the current high prices, was relatively smaller and considerably less disastrous than have been experienced in panic times of past."
|
|---|
