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Articles tagged with: October 29 1929

Crash of 1929 »

Posted on 19 Mar 2011 | 11,154 views
What Caused the 1929 Stock Market Crash

The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite caution of the dangers of speculation, many believed that the market could sustain high price levels. Shortly before the crash, economist Irving Fisher famously proclaimed, “Stock prices have reached what looks like a permanently high plateau.”

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Posted on 19 Mar 2011 | 30,512 views
IBM October 29 1929 Stock Market Performance

Although IBM was incorporated in the state of New York on June 16, 1911 as the Computing- Tabulating- Recording Company (C-T-R), its origins can be traced back to developments at the close of the 19th century. For example, the first dial recorder was invented by Dr. Alexander Dey in 1888, and Dey’s business became one of the building blocks of C-T-R.

Crash of 1929 »

Posted on 4 Mar 2011 | 25,264 views
General Electric Stock Price on October 29, 1929

In 1896, General Electric was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average and still remains after 114 years, the only one remaining on the Dow (though it has not continuously been in the DOW index). GE has paid a dividend every quarter since 1899 including 32 consecutive years of dividend increases from 1976 to 2007.