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The Original Dow Jones Industrial Average Thirty Components
By JLP | July 27, 2007
Although the Dow Jones Industrial Average has been published since 1896, it didn’t have 30 stocks until October 1, 1928. Those original 30 stocks were:
|
October 1, 1928 |
July 27, 2007 |
|
Allied Chemical |
3M Corporation |
American Can |
Alcoa Incorporated |
|
American Smelting |
Altria Group Incorporated |
|
American Sugar |
American Express Company |
|
American Tobacco B |
American International Group |
|
Atlantic Refining |
AT&T Incorporated |
|
Bethlehem Steel |
Boeing Corporation |
|
Chrysler |
Caterpillar Incorporated |
|
General Electric Company |
Citigroup Incorporated |
|
General Motors Corporation |
Coca-Cola Company |
|
General Railway Signal |
DuPont |
|
Goodrich |
Exxon Mobil Corporation |
|
International Harvester |
General Electric Company |
|
International Nickel |
General Motors Corporation |
|
Mack Truck |
Hewlett-Packard Company |
|
Nash Motors |
Home Depot Incorporated |
|
North American |
Honeywell International Inc. |
|
Paramount Publix |
Intel Corporation |
|
Postum Incorporated |
International Business Machines |
|
Radio Corporation |
Johnson & Johnson |
|
Sears Roebuck & Company |
J.P. Morgan Chase & Company |
|
Standard Oil (N.J.) |
McDonald’s Corporation |
|
Texas Company |
Merck & Company, Incorporated |
|
Texas Gulf Sulphur |
Microsoft Corporation |
|
Union Carbide |
Pfizer Incorporated |
|
U.S. Steel |
Procter & Gamble Company |
|
Victor Talking Machine |
United Technologies |
|
Westinghouse Electric |
Verizon Company |
|
Woolworth |
Wal-Mart Stores Incorporated |
|
Wright Aeronautical |
Walt Disney Company |
The first stock to get the boot from the index was Victor Talking Machine which was replaced by National Cash Register (NCR) on January 8, 1929. Victor only lasted 99 days in the index. I’m not sure why it was replaced.
If you are interested, you can check out Dow Jones Industrial Average History (PDF), which lists all the changes made to the index over the years. I wish it gave explanations as to why the changes were made. Regardless, it’s still interesting to look at.
Topics: Investing |



July 27th, 2007 at 11:33 am
Victor Talking Machine, which made the Victrola family of record players and audio devices, was bought by RCA in 1929.
July 28th, 2007 at 11:43 pm
I remember when they took Union Carbide off the list. That was like 10 years ago. Same time they put Microsoft on.
From seeing hte PDF it’s interesting how some companies came on and went off again (like cocacola) and are now back.
August 1st, 2007 at 3:55 pm
Were GE or GM ever taken off and put back on again? And they the only 2 originals still on?