On October 29, 1929, more than 16 million stock shares were sold at the New York Stock Exchange, and by the end of November investors had lost more than $100 billion in assets. This book looks at the events that helped usher one of the grimmest periods in American history.In 1929, radio corporation of America (rcA) was the most heavily traded stock on the New York Stock Exchange. The corporation was founded in 1920 and soon held a monopoly over the communications industry, leading to its astronomical stock price of $114 per share in 1929. Here, rcAa#39;s ... Empires that were built during the 1920s in the entertainment, railroad, and utilities industries often fell hard.
|Title||:||The Stock Market Crash of 1929|
|Publisher||:||Infobase Publishing - 2007|