DESERET NEWS, Oct. 29, 1929: Wall Street Crash Fails to Bring Financial Troubles to Bankers; Financial system weathers crisis with no show of ill effects for first time in history; Care in lending helps.

Oct. 30, 1929: WALL STREET, NEW YORK -- Sharp recovery in prices, with gains in leading issues running anywhere from 10 to 30 points was recorded in another session of extraordinarily large trading on the stock exchange today. The volume was so large, coming on top of the heavy transactions of the immediately preceding sessions that the governors decided not to open the exchange tomorrow until noon and to close it all day Friday and Saturday.Oct. 31, 1929: NEW YORK -- Stock prices advanced from 1 to 17 1/2 points today on the heels of a 1 to 36 point gain yesterday and when the final gong rang . . . it was evident that the market had regained its poise and stability . . . A buoyant rally marked the opening . . .

Early Deseret News reports of the stock market crash of Oct. 29, 1929 did not reflect the depth of the damage. Rosy predictions that all would soon right itself on Wall Street slid into a greater reality: America's Great Depression had begun.