Wall Street Crash of 1929 for harvest in the Mississippi Valley. This oversupply caused a drop in wheat prices so heavy that the net incomes of the farming population from wheat were threatened with extinction. Stock markets are always sensitive to the future state of commodity markets, and the slump in Wall Street predicted for May by Sir George Paish arrived on time. In June 1929, the position was saved by a severe drought in the Dakotas and the Canadian West, plus unfavorable seed times in Argentina and eastern Australia. The oversupply would now be wanted to fill the big gaps in the 1929 world
Wall Street office vacancy rates downtown which were "persistently high" and with some buildings "standing empty". The day of the stock market drop, October 20, was marked by "stony-faced traders whose sense of humor had abandoned them and in the exhaustion of stock exchange employees struggling to maintain orderly trading". Ironically, it was the same year that Oliver Stone's movie "Wall Street" appeared. In 1995, city authorities offered the "Lower Manhattan Revitalization Plan" which offered incentives to convert commercial properties to residential use. Construction of the World Trade Center began in 1966 but had trouble attracting tenants when completed. Nonetheless, some substantial