Valdosta Daily Times

Archive

AP291024025 copy.jpg

People gather on the sub-treasury building steps across from the New York Stock Exchange in New York on ‘Black Thursday,’ Oct. 24, 1929. Thousands of investors lost their savings in the worst stock market crash in Wall Street history on Oct. 29, 1929, after a five-day frenzy of heavy trading. Too much speculation with borrowed money had inflated market values unrealistically. Huge buying orders, hastily erected by powerful financial interest, finally checked the most frantic sell-off experienced by the securities markets. The Great Depression followed thereafter.

Top News
Poll

Given the amount of rain recently, what's your favorite “rain” song?

Singing in the Rain
Purple Rain
Have You Ever Seen the Rain?
November Rain
Rainy Night in Georgia
Other
     View Results