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
48 Wall Street Broadway–Seventh Avenue Line. 48 Wall Street 48 Wall Street, known at one time as the Bank of New York Building was built in 1928 on land used by the bank since 1797, on the corner of Wall Street and William Street in New York City's Financial District. It is 156 m tall. In 2001 Rockefeller Group Business Center opened their offices within this historic building. Its former banking hall has been modified to house the Museum of American Finance, which moved there in October 2007. Immediately outside is the entrance for the Wall Street subway station (served by the )