Monday 28th October Flashcards
1
Q
How much did the NY Times Index drop on the days trading?
A
49 points
2
Q
What was the effect of Monday on individual companies?
A
Eastman Kodak plunged $41 a share, AT&T plunged $24, New York Central Railroad $22
3
Q
What was Boston investment response?
A
They placed an advertisement into Wall Street Journal stating: “S-T-E-A-D-Y Everybody” advising them to “heed the words of America’s greatest bankers.
