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The Great Depression: Newspaper headlines from the stock market crash (1929)

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While the newspapers reported on the stock market crash on October 29 and October 30, 1929, it’s clear that they didn’t know what was in store for them. (Some of the papers downplayed the events, and even showed outright optimism.) Ultimately, the Great Depression hit the country hard, and its effects were felt for many years.

The Great Depression began in 1929 when, in a period of ten weeks, stocks on the New York Stock Exchange lost 50 percent of their value. As stocks continued to fall during the early 1930s, businesses failed, and unemployment rose dramatically. By 1932, one of every four workers was unemployed. Banks failed and life savings were lost, leaving many Americans destitute. With no job and no savings, thousands of Americans lost their homes.

The poor congregated in cardboard shacks in so-called Hoovervilles on the edges of cities across the nation; hundreds of thousands of the unemployed roamed the country on foot and in boxcars in futile search of jobs. Although few starved, hunger and malnutrition affected many. – The Library of Congress

So what were media outlets reporting at the time? Here’s a look back at some of the front page newspaper headlines reporting the ups and downs that heralded the beginning of the historic stock market crash.

VIDEO: Headlines from the start of the Great Depression


Newspaper front pages from October 29, 1929

Brisk Rally Trails Market Crash

The Eugene Guard (Oregon)

The Great Depression Newspaper headlines from 1929 - Brisk Rally Trails Market Crash


Stocks Lose 10 Billion in Day

The Klamath News (Klamath Falls, Oregon)

The Great Depression Newspaper headlines from 1929 - Stocks Lose 10 Billion in Day


Selling Swamps Stock Market

The Index-Journal (South Carolina)

Great Depression Newspaper headlines from 1929 - Selling Swamps Stock Market


Stocks Sink Despite Banks; Rally

Brooklyn Daily Eagle (New York)

Great Depression Newspaper headlines from 1929 - Stocks Sink Despite Banks; Rally


Stock Prices Rally Sharply

El Paso Herald (Texas)

Great Depression Newspaper headlines from 1929 - Stock Prices Rally Sharply


Bankers Act on Stock Crash

The Minneapolis Morning Tribune (Minnesota)

Great Depression Newspaper headlines from 1929 - Bankers Act on Stock Crash


Prices Again Collapse on Stock Market

Wilkes-Barre Record (Pennsylvania)


Great Depression Newspaper headlines from 1929 - Prices Again Collapse on Stock Market


Trans-America Price Crashes

San Mateo Times (California)

Great Depression Newspaper headlines from 1929 - Trans-America Price Crashes


Stocks Shrink 10 Billions

The Des Moines Register (Iowa)

Great Depression Newspaper headlines from 1929 - Stocks Shrink 10 Billions


Stocks Crash Again in 16,410,030-Share Day

The St Louis Star (Missouri)

The Great Depression Newspaper headlines from 1929 - Stocks Crash Again in 16,410,030-Share Day


Bankers Stop Stock Crash

Binghamton Press (New York)

The Great Depression Newspaper headlines from 1929 - Bankers Stop Stock Crash


Stock Prices Collapse Again

The Muncie Morning Star (Indiana)

The Great Depression Newspaper headlines from 1929 - Stock Prices Collapse Again


Market Losses Reach New Level

Harrisburg Telegraph (Pennsylvania)

The Great Depression Newspaper headlines from 1929 - Market Losses Reach New Level

>> See more headlines on the next page!

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