Re: [RT] Historical prices for Dow Jones Averages ??

["Ron Cernokus" <roncer@xxxxxxxxxxxxx>]

Thanks Carl,

    I have this book but need 1884 for the 120 year comparison.

Best Regards,

Ron


----- Original Message ----- 
From: "topos8" <topos8@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, December 20, 2003 9:16 AM
Subject: Re: [RT] Historical prices for Dow Jones Averages ??


> I would add that Dow Jones published a book in 1980 (edited by 
> Phyllis Pierce) entitled "The Dow Jones Averages 1885-1980". 
> 
> This contains daily closes from 1885, daily closes and NYSE volume 
> from 1897 and daily H-L-C from 1928.  
> 
> You should be aware, however, that the Dow averages have a number 
> of "break points" at which there were major revisions in the basket 
> of stocks in the average, so that the time series of closes is not a 
> smooth one. 
> 
> For example, there are three different averages ( a 12 stock, a 14 
> stock and a 20 stock average) covering various and overlapping 
> periods from 1885 to 1896.  Moeover, there was another major change 
> in 1915 which dropped the industrial average from 73 to 53 because of 
> a change in the basket of stocks.
> 
> Carl
> 
> 
> --- In realtraders@xxxxxxxxxxxxxxx, hbernst963@xxxx wrote:
> > I would suggest NY Times microfiche at the library.  That's what I 
> used to do 
> > before we had the internet.
> > 
> > Howard Bernstein
> 
> 
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