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 bombing Wall Street bombing The Wall Street bombing occurred at 12:01 pm on September 16, 1920, in the Financial District of Manhattan, New York City. The blast killed 30 people immediately, and another eight died later of wounds sustained in the blast. There were 143 seriously injured, and the total number of injured was in the hundreds. The bombing was never solved, although investigators and historians believe the Wall Street bombing was carried out by Galleanists (Italian anarchists), a group responsible for a series of bombings the previous year. The attack was related to postwar social unrest, labor struggles, and anti-capitalist