[Economic Indicators May, 1996]
[Page Number 31]
[From the U.S. Government Publishing Office, www.gpo.gov]
COMMON STOCK PRICES AND YIELDS
Stock prices rose in May.
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Common stock prices\1\ Common stock yields
--------------------------------------------------------------------------------------------------- (percent)\6\
New York Stock Exchange indexes (Dec. 31, 1965=50, except as Standard & ------------------------
Period noted)\2\ Dow-Jones Poor's composite Earnings-
-------------------------------------------------------------------- industrial index (1941- Dividend- price
Composite Industrial Transportation Utility\3\ Finance average\4\ 43=10)\5\ price ratio ratio
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1986........................ 136.00 155.85 119.87 142.72 147.20 1,792.76 236.34 3.49 6.09
1987........................ 161.70 195.31 140.39 148.59 146.48 2,275.99 286.83 3.08 5.48
1988........................ 149.91 180.95 134.12 143.53 127.26 2,060.82 265.79 3.64 8.01
1989........................ 180.02 216.23 175.28 174.87 151.88 2,508.91 322.84 3.45 7.41
1990........................ 183.46 225.78 158.62 181.20 133.26 2,678.94 334.59 3.61 6.47
1991........................ 206.33 258.14 173.99 185.32 150.82 2,929.33 376.18 3.24 4.79
1992........................ 229.01 284.62 201.09 198.91 179.26 3,284.29 415.74 2.99 4.22
1993........................ 249.58 299.99 242.49 228.90 216.42 3,522.06 451.41 2.78 4.46
1994........................ 254.12 315.25 247.29 209.06 209.73 3,793.77 460.33 2.82 5.83
1995........................ 291.15 367.34 269.41 220.30 238.45 4,493.76 541.64 2.56 6.09
1995:May.................... 281.81 357.01 254.69 211.58 228.55 4,391.57 523.81 2.60 ..........
June.................. 289.52 366.75 256.80 216.27 236.26 4,510.76 539.35 2.55 6.32
July.................. 298.18 379.13 279.15 219.18 240.50 4,684.76 557.37 2.50 ..........
Aug................... 300.05 379.79 285.63 221.99 245.27 4,639.27 559.11 2.49 ..........
Sept.................. 310.41 390.42 295.54 229.64 260.72 4,746.76 578.77 2.42 r6.02
Oct................... 311.78 389.63 291.16 236.43 265.12 4,760.46 582.92 2.41 ..........
Nov................... 317.58 398.66 300.06 238.98 266.12 4,935.81 595.53 2.37 ..........
Dec................... 327.90 412.11 303.53 247.59 273.36 5,136.10 614.57 2.30 r5.51
1996:Jan.................... 329.22 412.71 300.30 254.07 273.73 5,179.37 614.42 2.31 ..........
Feb................... 346.46 435.92 315.29 257.80 290.97 5,518.73 649.54 2.22 ..........
Mar................... 346.73 439.56 324.76 245.77 290.45 5,612.24 647.07 2.22 5.27
Apr................... 347.50 441.99 326.42 244.87 287.92 5,579.86 647.17 2.24 ..........
May................... 354.84 452.63 334.66 249.73 290.43 5,616.71 661.23 2.21 ..........
Week ended:
1996:May4................... 349.12 444.84 332.81 246.60 286.07 5,538.80 649.58 2.21 ..........
11................ 346.14 440.81 328.45 246.21 283.00 5,470.52 644.27 2.26 ..........
18................ 356.54 454.48 337.14 251.50 292.15 5,631.06 665.26 2.20 ..........
25................ 362.40 462.86 339.35 253.19 296.71 5,757.61 675.77 2.17 ..........
June1................. 359.51 459.32 335.22 250.91 294.26 5,680.02 670.25 2.22 ..........
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\1\Average of daily closing
prices.
\2\Includes all the stocks (more
than 2,000 in 1992) listed on the
NYSE.
\3\Dec. 31, 1965=100. Effective
April 27, 1993 the NYSE doubled the
value of the utility index to
facilitate trading of options and
futures on the index. All indexes
shown here reflect the doubling.
\4\Includes 30 stocks.
\5\Includes 500 stocks.
\6\Standard & Poor's series.
Dividend-price ratios based on
Wednesday closing prices. Earnings-
price ratios based on prices at end
of quarter.
Note.--All data relate to stocks
listed on the New York Stock
Exchange (NYSE).
Sources: New York Stock
Exchange, Dow-Jones & Company, Inc.,
and Standard & Poor's Corporation.