Crash Of 1929

NEW YORK, Oct. 22, 1929 (UP) - The recent bearish stock market has about reached its bottom and an upward movement is in sight, increasing throughout next year, Professor Irving T. Fisher, head of the Yale department of economics, said in an address here.

Five billion dollars in market values were swept away today in the greatest selling wave in the history of the New York Stock Exchange.

WASHINGTON, Oct. 30, 1929 (UP) - Wall Street must work out its own salvation without hope of material aid from the government, according to the interpretation placed today on the failure of the Federal Reserve System to make any move to check the tide of stock sales, formal statement or policy alteration.

NEW YORK, Oct. 31, 1929 (UP) -- The bottom of the stock market decline in progress for more than a month has been hit, say the economists, bankers, traders and corporation heads.

NEW YORK, Nov. 1, 1929 (UP) - Hysterical liquidation of stocks has given way to a tremendous volume of buying and while the exchange remained closed today financial experts reviewed the most unusual week in financial history in an effort to get a clarified perspective on the situation.

WASHINGTON, Nov. 4, 1929 (UP) - Control of the call money market has passed once again into the hands of the banks, after eight months of domination by corporations, individuals and foreign financial interests.