{"id":2380,"date":"2012-10-24T11:55:27","date_gmt":"2012-10-24T11:55:27","guid":{"rendered":"http:\/\/newsinteractive.post-gazette.com\/thedigs\/?p=2380"},"modified":"2014-12-23T07:46:40","modified_gmt":"2014-12-23T07:46:40","slug":"oct-29-1929-if-stock-market-investors-thought","status":"publish","type":"post","link":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2012\/10\/24\/oct-29-1929-if-stock-market-investors-thought\/","title":{"rendered":"The Great Crash of 1929"},"content":{"rendered":"
\"\" <\/a> <\/div> <\/div> <\/div> <\/div>\n

Oct. 29, 1929:<\/strong> If stock market investors thought they had seen the worst on Black Thursday, they were mistaken.<\/p>\n

The Great Crash of 1929 arrived on Tuesday, Oct. 29.<\/p>\n

W.W. Forster, Financial Editor for The Pittsburgh Press, reported that billions of dollars were lost in the hurricane of tumbling prices.<\/p>\n

“The bubble had broken. Millionaires were sent home paupers,” the journalist wrote.<\/p>\n

The Great Crash signaled the end of the oaring Twenties and ushered in an era of severe unemployment and economic uncertainty. Some economists believe that the America did not return to a firm financial footing until 1941, the year the United States entered World War II.<\/p>\n","protected":false},"excerpt":{"rendered":"

W.W. Forster, Financial Editor for The Pittsburgh Press, reported that billions of dollars were lost in the hurricane of tumbling prices.<\/p>\n

Look at the picturesThe Great Crash of 1929<\/span><\/a><\/p>","protected":false},"author":3,"featured_media":2381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[948],"tags":[958,959,980],"jetpack_publicize_connections":[],"acf":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2012\/10\/tumblr_mcczr9zZiN1rr5swxo1_1280.jpg?fit=1280%2C989&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2377,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2012\/10\/24\/black-thursday-of-1929\/","url_meta":{"origin":2380,"position":0},"title":"Black Thursday of 1929","date":"October 24, 2012","format":"gallery","excerpt":"\u201cA stock panic surely was in progress and consternation gripped Wall Street.\u201d","rel":"","context":"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2012\/10\/tumblr_mccwojc8qR1rr5swxo1_1280.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":893,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2014\/03\/05\/the-allegheny-county-morgue-on-the-move\/","url_meta":{"origin":2380,"position":1},"title":"The Allegheny County Morgue on the move","date":"March 5, 2014","format":"gallery","excerpt":"A few months before the October 1929 stock market crash, the Allegheny County Morgue finished rolling.","rel":"","context":"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2014\/03\/tumblr_n1mmbfBkM41rr5swxo7_r1_1280.jpg?fit=1200%2C1159&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5085,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2015\/03\/11\/john-gruber-pittsburghs-pioneering-sports-editor-and-scorekeeper\/","url_meta":{"origin":2380,"position":2},"title":"John Gruber, Pittsburgh’s pioneering sports editor and scorekeeper","date":"March 11, 2015","format":false,"excerpt":"Gruber spent nearly 40 years as the Pirates' scorekeeper and many of those as sports editor for Pittsburgh newspapers.","rel":"","context":"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2015\/03\/John-Gruber045-e1425667662748.jpg?fit=1200%2C629&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9921,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2021\/03\/09\/the-nations-first-armored-car-robbery-took-place-here-in-1927\/","url_meta":{"origin":2380,"position":3},"title":"The nation’s first armored car robbery took place here in 1927","date":"March 9, 2021","format":false,"excerpt":"By Steve Mellon\/Post-Gazette William Tarr worked as a chauffeur and a salesman before landing a job as a driver for the Brinks Express Co. in the 1920s. It was a dangerous gig. The Brinks company delivered payroll to coal mining companies in the South Hills. Bandits lurked along the area\u2019s\u2026","rel":"","context":"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2021\/03\/web20210310Jawarski01.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6011,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2015\/10\/21\/who-wouldnt-want-to-take-a-chopper-from-pittsburgh-downtown-to-airport\/","url_meta":{"origin":2380,"position":4},"title":"Who wouldn’t want to take a chopper from downtown Pittsburgh to the airport?","date":"October 21, 2015","format":false,"excerpt":"Both companies called Pittsburgh Airways were doomed to fail, for different reasons.","rel":"","context":"","img":{"alt_text":"Celebration of the opening of the heliport on the Mon at the foot of Wood Street. (Post-Gazette)","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2015\/10\/Pittsburgh-Airways-Inc-6.jpg?fit=1200%2C701&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2394,"url":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/2012\/10\/19\/remnants-of-the-wabash-bridge\/","url_meta":{"origin":2380,"position":5},"title":"Remnants of the Wabash Bridge","date":"October 19, 2012","format":"gallery","excerpt":"The collapse swept iron workers off the bridge. Some tumbled more than 100 feet.","rel":"","context":"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/newsinteractive.post-gazette.com\/thedigs\/wp-content\/uploads\/2012\/10\/tumblr_mc3i6x80ns1rr5swxo1_1280.jpg?fit=1200%2C852&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/posts\/2380"}],"collection":[{"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/comments?post=2380"}],"version-history":[{"count":4,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/posts\/2380\/revisions"}],"predecessor-version":[{"id":4371,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/posts\/2380\/revisions\/4371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/media\/2381"}],"wp:attachment":[{"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/media?parent=2380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/categories?post=2380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsinteractive.post-gazette.com\/thedigs\/wp-json\/wp\/v2\/tags?post=2380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}