Abstract

Editorials

November 6, 1929 issue

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In five hours of hysterical trading on October 24, 1929, nearly thirteen million shares were sold on the New York Stock Exchange, four million more than had ever been handled in a single day, and over six million on the New York Curb; an amazing total of over nineteen million shares with an estimated loss of several billions of dollars. It was a record day in the history of the Stock Exchange. For more than twenty-five years, college athletics and the forces behind them have been making college education progressively impossible for athletes in the U.S. and today those forces are more strongly intrenched than ever.

See Also:

NEW York Stock Exchange; STOCKS; ATHLETICS; EDUCATION; UNIVERSITIES & colleges -- United States; UNITED States
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