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Stock market collapses sending panic and people try ti sell stock at any price. Banks call for loans and about $30 billion in stocks "disappear."
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More than 3.2 million people are unemployed. President Hover stays optimistic, saying how the worst effects of unemployment will be over within 60 days.
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People in New York City who are still unemployed crowd street corners selling apples at 5 cents a piece.
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7 people are arrested at foot riot where 100 policemen are needed. People were breaking windows of grocery store and making off with food.
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New York's Bank of United States collapses and had over $200 million in deposits, largest bank failure in nation's history.
