Erie Lackawanna 'erielack' E-Mail List Photo Archive

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From: "Daniel G DOT McFadden" dan DOT mcfadden AT gmail DOT com
Date: Fri, 8 Nov 2013 20:28:59 -0500
Subject: DL&W & Erie Stock Prices in 1933
"ERIE_STOCK_1933.jpg" - image/jpeg, 1320x980 (24bit)

Going through the family archives, I came upon a stock record publication
for May 1933. I thought it might be of interest (to a few at least) to see
what happened to the fortunes of our favorite railroads in the Great
Depression. The DL&W history for the period shows the 1929 high for the
stock to be 169.75 with a 1932 low of 8.5. The corresponding figures for the
Erie are 93.3 high and 2.0 low. Talk about pain and the rocky road from
euphoria to the doldrums! Anyone who had parents that lived through the
depression (as I do) surely heard many stories about this time.

Dan McFadden


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