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Why were hobos called what they were?

After the stock market crashed what did people do with their stock?


hobo
1889, Western Amer.Eng., of unknown origin, perhaps related to early 19c. Eng. dial. hawbuck "lout, clumsy fellow, country bumpkin." Or from ho, boy, a workers' call on late 19c. western U.S. railroads.

Many people sold their shares of stock. Some held on to their stock until it increased in value after the crash. Some worthless stock certificates were simply stored or thrown away.

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