09/04/2015
The Original Dow Jones Industrial Average
I pride myself in not ‘mailing it in,’ but I need a break to work on more important matters, like fundraising. Anyway, test your friends. The Dow Jones Industrial Average expanded to 30 stocks on Oct. 1, 1928. And they were....
Wright Aeronautical
Allied Chemical & Dye
North American
Victor Talking Machine
International Nickel
International Harvester
Westinghouse Electric
Texas Gulf Sulphur
American Sugar
American Tobacco
Standard Oil (N.J.)
General Electric
General Motors
Texas Corp.
Sear Roebuck
Chrysler
Atlantic Refining
Paramount Publix
Bethlehem Steel
General Railway Signal
Mack Trucks
Union Carbide
American Smelting
American Can
Postum Inc.
Nash Motors
Goodrich
Radio Corp.
Woolworth
U.S. Steel
A year later, Wright Aeronautical was replaced by Curtiss-Wright; Victor Talking Machine was replaced by National Cash Register; and Postum Inc. was replaced by General Foods.
Wall Street History will return in two weeks.
Brian Trumbore