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Articles tagged with: Woolworth

Crash of 1929 »

Posted on 7 Mar 2013 | 10,893 views
New York Stock Exchange DJIA Stocks on October 29 1929

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.”

Crash of 1929 »

Posted on 21 Jul 2011 | 6,732 views
Hahn Department Stores Stock Price After the October 1929 Stock Market Crash

Ten years as managing director of the National Retail Dry Goods Association gave Lew Hahn intimate knowledge of department stores, plus a reputation, of which he had almost none when he began wrapping up shoes in Andrew Alexander’s shop.

Bear Markets »

Posted on 25 Mar 2011 | 8,205 views
1929 thru 1932 DJIA Bear Market Performance

It took almost three years for the “Dow” to reach the bottom. The 1929 crash was a dramatic drop with the Dow dropping almost 50% in just over two months. However, the Dow’s decline was far from over in terms of either extent or breadth. The market continued its decline for another two and a half years — through the first half of 1932.

Crash of 1929 »

Posted on 25 Mar 2011 | 7,547 views
Black Monday and Black Tuesday Dow Stock Prices

Monday October 28, 1929 was the first “Black Monday“, where investors decided to get out of the market and the Dow Jones Industrial Average collapsed 38.33 points, or 12.82% on the day. The next day was “Black Tuesday“, October 29, 1929, where the Dow Jones Industrial Average lost an additional 30.57 points, or 11.73% on the day.

Featured »

Posted on 19 Mar 2011 | 31,125 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.