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May 9.1901-20th century, the first stock market crash

Show:1221 times , datetime:2024-05-09 20:17:30

May 9, 1901 (March 21, 1901), the 20th century, the first stock market crash.

1901, Wall Street Securities day decline in value since 1803 the most violent day. Past sensible people, kicking, competing to sell securities prices tumbled.
Quotes about one o'clock in the afternoon began to fall. Close, some securities prices have dropped a full 20 points. (History www.TodayOnHistory.com)
of the urgency of the situation, bankers have been discussing the night, looking for ways to prevent the catastrophe of the entire financial sector. Although this decline has been expected, but still so many people's congresses earth was taken aback. (L $ jτ.cń) people watching the remarkable upward trend of the stock of the Northern Pacific Railway Company. Within three days they will be up 70 points, and remain a lasting momentum. The disastrous end of the day, they are also a net increase of 16.5 points.

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