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Tommy Christian And His Orchestra are playing during a three-month engagement at The Mounds Country Club, East St. Louis, Illinois, USA, operated by the notorious St. Louis gangster William Patrick 'Bow Wow' McQuillan.
The Casa Loma Orchestra, conducted by Glen Gray, record the cheery ditty Happy Days Are Here Again, in the USA. Ironically October 29 is rather better remembered as Black Tuesday, the day of the stock market crash which led to the Great Depression of the 1930s.
The New York Stock Exchange crashes in what will become known as The Crash of '29 or Black Tuesday. This is generally taken as the beginning of The Great Depression that blighted America in the 1930s. The Depression will inspire many songs, including Blind Alfred Reed's 1929 composition How Can a Poor Man Stand Such Times and Live?; EY Harburg and Jay Gorney's 1932 tune Brother, Can You Spare a Dime? and Do Re Mi by Woody Guthrie.

Jazz cornet virtuoso Bix Beiderbecke spends the sixteenth of 36 nights in the Keeley Institute, Dwight, Illinois, USA, being treated for delerium tremens caused by his heavy drinking.
Country music string band Gid Tanner And His Skillet Lickers record Soldier's Joy, Bonaparte's Retreat, There'll Be A Hot Time In The Old Town Tonight, Cripple Creek, Rocky Pallet and other tracks for Columbia Records in Atlanta, Georgia, USA.
Duke Ellington and his Orchestra, using the pseudonym of Six Jolly Jesters record Goin' Nuts and Oklahoma Stomp for Brunswick Records in New York City, USA.