"New york stock exchange" Quotes from Famous Books
... pressed for payment, securities were rushed into the market and fell greatly in price, railway stocks from ten to forty per cent., even United States bonds from five to ten. There was a run upon savings banks, many of which succumbed. For ten days, beginning September 20th, the New York Stock Exchange had to suspend, so dubious was the value of most stock contracts. Manufactured products were little salable, and the prices of agricultural painfully sank. Factories began to run on short time, many ... — History of the United States, Volume 4 • E. Benjamin Andrews
... The New York Stock Exchange was reopened September 30th, without any notable occurrence; but everything was very low. Several other suspensions occurred—for instance, that ... — A Brief History of Panics • Clement Juglar |