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Electronic Age to Replace Dow Jones Averages
The article argues Standard & Poor's 500 index, updated hourly by computer, outrates the Dow Jones averages in reflecting market reality. It explains weightings by shares outstanding, contrasts growth stock impact with GM and Allied, and notes the new index covers 500 stocks across industrials rails and utilities. It claims S&P 500 offers a better measure of investor activity.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Dow Jones Co
Standard & Poor's Corp
Dow Jones
Bureau of Labor Statistics
General Motors
United States Steel
U. S. Steel
Phil. Co
Dow Jones & Co
Allied Chemical & Dye Corp
Allied
Vance
G M
G. M
Johns-Manville Corp
Standard& Poor
Standard & Poor
Standard
Burroughs Datatron
New York Stock Exchange
New Y Times
New York Herald-Tribune
Associated Press