The sentence that best explains what had happened in general by the end of october 1929 in the stock market is the market had totally collapsed.
In late October 1929 there was an occurrence which led to how the stock market crashed,
As a result of this, the market was, wiped out and about 40 percent of the paper values of common stock, and this actually affect millions of people that has bought one stock or the other, some were depressed to the extent that they were committing crimes just for survival, however the crash in the stock market led to how some of the people were unable to recover till they died.
Therefore, i the year 1929 the stock market was recorded to experience some crash which made some of the people to loss their money as well as their valuables.
Therefore, the third option is correct.
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