I have run out of stock of this book. If you wish to buy it, please contact:

Joerg.Benecke@historische-wertpapiere.de

or:

michael.weingarten@t-online.de

The book is EUR 97.50. Mailing costs from Germany to US are approximately $25 extra. Please contact me if you have any problems.

DOW JONES BY PETER JONES

Foreword by Max Hensley

Vintage stocks and bonds are mementos of our financial history, tickets to the past.  The journey they provide is an education in the business world in the United States as it has developed over the last 200 years - an education in technology, business practices, money, politics, personalities, entrepreneurship and all the many influences on our business enterprises over the years.  Peter focuses in this work on the key mementos of American business:  The indexes, in particular the Dow Jones Indexes. 

Peter is a throw-back, really a bit of a Renaissance Man. He has a busy medical practice and a wealth of other hobbies and projects — classical piano, classical guitar and flamenco, magic, numismatics, paper money collecting, writing books and, incidentally, a management MBA in his spare time.  It may be that having such broad interests facilitated the discovery of the Dow Index component company stories.  It’s been critical to have an open and inquiring mind, but also one that is able to focus on the details, and in this Peter has succeeded.

We all know the “Dow Jones.” But that like we know many things that are part of the background of modern life.  The Dow Jones is so ubiquitous we can’t go through a news day without hearing about it, but we really aren’t all that knowledgeable about its history and how it works.  Be prepared to sit back and learn all about this icon of American finance – the needs that gave it birth, early years, its changes and permutations, and the categories and ebb and flow of the component companies of the Index variations.  Did you know the DJ started out with only 10 major railroads and Western Union? It took 12 more years to introduce the “Industrials”.  This extremely well researched book, copiously illustrated with graphically spectacular securities, will bring the “DJ” to life for you.  Enjoy!

The book shows a collection of stock certificates and the stories behind the first companies that formed the Dow Jones average in 1884, and the DJIA when it went from 11 to 12 stocks in 1896, to 20 stocks in 1916, then 30 stocks in 1928. Includes the 30 longest lasting DJIA stocks and today’s largest 10 stocks.  Their stories are all illustrated by a collection of the securities from each company.

  • 350 pages, profusely illustrated with color photos

  • 76 full-page color photographs of antique stock or bond certificates

  • hardback 8.5 by 11 inches landscape format

  • copyright 2020

  • if interested, please contact email address at top