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Softcover, saddle stitched, gray card wrappers with black title to cover, an address delivered by Richard Whitney (President of the New York Stock Exchange) before the Boston Association of Stock Market Firms, at the Algonquin Club, Boston, Massachusetts, June 10, 1930, 29 pp., Book Condition: Very Good, covers rubbed and light soil, general wear to edges, corners bumped, internally clean and unmarked, Contents: Here's a brief passage from the beginning of the book -- Gentlemen: I very deeply appreciate the compliment which you have paid me by inviting me to talk here tonight. I trust, however, that my presence as a former resident of Boston, may not be construed as the return of a prodigal son, even though I may seem deliberately to have courted the danger of creating such an impression by selecting as the subject of my remarks the stock market panic of last autumn. Boston has sometimes been accused of having caused all the trouble - a view which has largely arisen, I believe, from the startling prophecies made by a local financial soothsayer. I thoroughly realize the grave perils of attempting to deal with future events, and therefore, I intend to confine my remarks wholly to the past, in describing certain episodes of the panic as they appeared at the time to the administration of the New York Stock Exchange. II. The decline in share prices which ended in the panic began as early as mid-September. At first, however, the movement contained no suggestion of panic whatsoever. The volume of trading on the Exchange was active, but not at all out of hand. The downward trend of stock prices was gradual and several time interrupted by brisk rallies. Many people at the time complacently characterized this lower drift of prices as "a healthy reaction" or "a creeping bear market" - phrases wich in later weeks assumed a most unpopular and horrid significance. -- end. 29 pp., An EXTREMELY SCARCE 1930 TITLE on the 1929 CRASH, Highly Collectible. Seller Inventory # 001140
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