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
William Street retaining wall replaced by a porphyry and sandstone wall with an elaborate cast iron railing and a small pissoir built into the wall at the Elizabeth Street end. In November 1888 the contract was awarded to EJ O'Connor, who in the previous year had stabilised the large porphyry retaining wall at Queen Street, Petrie Bight (the Petrie Bight Retaining Wall). Within five months O'Connor was contracted to excavate and reform William Street and build the retaining wall for £1431. By the time Cabinet first met in the new Treasury Building in 1889, the wall, railing and gas lamp in William Street were