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• The Historical Dow by Carl Sundquist

  ARTICLE SYNOPSIS ...The Historical Dow by Carl Sundquist Recently, The Wall Street Journal completed 94 years of continuous publication of the Dow Jones Industrial and Railroad (now Transportation) averages. Quite a record. Charles Dow, the first editor and founder of The Wall Street Journal, is credited with the compilation of the original averages. He did not use a weighted mean or make adjustments of any nature but simply added the closing price of the stocks in his averages and divided the total by the number of companies in his list. The Dow Jones Industrial Average (DJIA) as we know it dates back to Octob...

AUTHOR: Carl SundquistDATE: MAY 1991