Wednesday, October 16, 2013

Wednesday, 16 October 1929

Germany: 

The plebiscite allowing voters to petition for the proposed Liberty Law begins.  If 4 million approve it, the Reichstag must take up the measure.  Continues through October 28.

New York: 

Stocks fall sharply, down 3.1% on heavy trading.  It’s the third straight day of decline totaling 4.7%.  Volume increased over the same period, with over 4 million shares changing hands today.

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