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1929 Stock Market Crash
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| In early 1928 the Dow Jones Average went from a low of 191 early in the year, to a high of 300 in December of 1928 and peaked at 381 in September of 1929. (1929
) It was anticipated that the increases in earnings and dividends would continue. (1929
) The price to earnings ratings rose from 10 to 12 to 20 and higher for the market's favorite stocks. (1929
) Observers believed that stock market prices in the first 6 months of 1929 were high, while others saw them to be cheap. (1929
) On Octobe...
Approximate word count: 1365
Approximate pages: 6 (250 words per
double-spaced page) |
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