The Archive · 1929

Battered Market Advances

New York, Oct. 29.

After the greatest selling day ever recorded "on the New York Stock Exchange, a battered market advanced sharply during the last three minutes of trading after the Danks had thrown in tremendous support, says the daily review of the Dow Jones Financial News Agency.

The recovery was amazing, after waves of selling which had sent prices down time after time.

"At 210 o'clock this afternoon the sales passed the 13,000,000 mark, setting a new record in Stock Exchange history.

Stock tickers were' far behind during the day, leaving traders more or less in the dark as to what was going on.

Text read from the printed page and cleaned; old type leaves the occasional error.

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