All progress is based on a universal innate desire on the part of every organism to live beyond its income. Samuel Butler

	More Equities

Dow Jones Industrial Historical Valuation Data
	Price	% Change	Eernings	P/E	Dividend	Payout		Book	Price/	Return on
Year	Yr End	from prev Yr.	per Share	Ratio	per share	Ratio	Yield	Value	Book	Equity
1926	157.19		11.39	13.80	5.54	48.6%	3.52%	75.20	2.09
1927	202.40	28.76%	8.72	23.21	6.04	69.3%	2.98%	77.90	2.60	11.40
1928	300.00	48.22%	15.97	18.79	9.76	61.1%	3.25%	84.10	3.57	19.70
1929	248.48	-17.17%	19.94	12.46	12.75	63.9%	5.13%	91.30	2.72	22.70
1930	164.58	-33.77%	11.02	14.93	11.13	101.0%	6.76%	91.20	1.80	12.10
1931	77.90	-52.67%	4.09	19.05	8.40	205.4%	10.78%	86.90	0.90	4.60
1932	59.93	-23.07%	-0.51	neg	4.62	-905.9%	7.71%	81.80	0.73	-0.06
1933	99.90	66.69%	2.11	47.35	3.40	161.1%	3.40%	80.50	1.24	2.60
1934	104.04	4.14%	3.91	26.61	3.66	93.6%	3.52%	80.70	1.29	4.90
1935	144.13	38.53%	6.34	22.73	4.55	71.8%	3.16%	82.50	1.75	7.80
1936	179.90	24.82%	10.07	17.86	7.05	70.0%	3.92%	85.50	2.10	12.00
1937	120.84	-32.83%	11.49	10.52	8.78	76.4%	7.27%	88.30	1.37	13.20
1938	154.76	28.07%	6.01	25.75	4.98	82.9%	3.22%	87.13	1.78	6.90
1939	150.24	-2.92%	9.11	16.49	6.11	67.1%	4.07%	95.58	1.57	10.00
1940	131.13	-12.72%	10.92	12.01	7.06	64.7%	5.38%	98.75	1.33	11.20
1941	110.96	-15.38%	11.64	9.53	7.59	65.2%	6.84%	102.66	1.08	11.60
1942	119.40	7.61%	9.22	12.95	6.40	69.4%	5.36%	107.50	1.11	8.80
1943	135.89	13.81%	9.74	13.95	6.30	64.7%	4.64%	113.03	1.20	8.80
1944	152.32	12.09%	10.07	15.13	6.57	65.2%	4.31%	118.33	1.29	8.70
1945	192.91	26.65%	10.56	18.27	6.69	63.4%	3.47%	122.52	1.57	8.80
1946	177.20	-8.14%	13.63	13.00	7.50	55.0%	4.23%	131.40	1.35	10.70
1947	181.16	2.23%	18.80	9.64	9.21	49.0%	5.08%	149.08	1.22	13.40
1948	177.30	-2.13%	23.07	7.69	11.50	49.8%	6.49%	159.67	1.11	14.90
1949	200.13	12.88%	23.54	8.50	12.79	54.3%	6.39%	170.12	1.18	14.30
1950	235.41	17.63%	30.70	7.67	13.13	42.8%	5.58%	194.19	1.21	16.90
1951	269.23	14.37%	26.59	10.13	16.34	61.5%	6.07%	202.60	1.33	13.40
1952	291.90	8.42%	24.78	11.78	15.43	62.3%	5.29%	213.39	1.37	11.90
1953	280.90	-3.77%	27.23	10.32	16.11	59.2%	5.74%	244.26	1.15	11.90
1954	404.39	43.96%	28.18	14.35	17.47	62.0%	4.32%	248.96	1.62	11.40
1955	488.40	20.77%	35.78	13.65	21.58	60.3%	4.42%	271.77	1.80	13.70
1956	499.47	2.27%	33.34	14.98	22.99	69.0%	4.60%	284.78	1.75	12.00
1957	435.69	-12.77%	36.08	12.08	21.61	59.9%	4.96%	298.69	1.46	12.40
1958	583.65	33.96%	27.95	20.88	20.00	71.6%	3.43%	310.97	1.88	9.20
1959	679.36	16.40%	34.31	19.80	20.74	60.4%	3.05%	339.02	2.00	10.60
1960	615.89	-9.34%	32.20	19.13	21.36	66.3%	3.47%	369.87	1.67	9.10
1961	731.14	18.71%	31.91	22.91	22.71	71.2%	3.11%	385.82	1.90	8.40
1962	652.10	-10.81%	36.43	17.90	23.30	64.0%	3.57%	400.97	1.63	9.30
1963	762.95	17.00%	41.21	18.51	23.41	56.8%	3.07%	425.90	1.79	10.00
1964	874.13	14.57%	46.43	18.83	31.24	67.3%	3.57%	417.39	2.09	11.00
1965	969.26	10.88%	53.67	18.06	28.61	53.3%	2.95%	453.27	2.14	12.30
1966	785.69	-18.94%	57.68	13.62	31.89	55.3%	4.06%	475.92	1.65	12.40
1967	905.11	15.20%	53.87	16.80	30.19	56.0%	3.34%	476.50	1.90	11.30
1968	943.75	4.27%	57.89	16.30	31.34	54.1%	3.32%	521.08	1.81	11.60
1969	800.36	-15.19%	57.02	14.04	33.90	59.5%	4.24%	542.25	1.48	10.70
1970	838.92	4.82%	51.02	16.44	31.53	61.8%	3.76%	573.15	1.46	9.10
1971	890.20	6.11%	55.09	16.16	30.86	56.0%	3.47%	607.61	1.47	9.30
1972	1020.02	14.58%	67.11	15.20	32.27	48.1%	3.16%	642.87	1.59	10.70
1973	850.86	-16.58%	86.17	9.87	35.33	41.0%	4.15%	690.23	1.23	12.90
1974	616.24	-27.57%	99.04	6.22	37.72	38.1%	6.12%	746.95	0.83	13.80
1975	852.41	38.32%	75.66	11.27	37.46	49.5%	4.39%	783.61	1.09	9.90
1976	1004.65	17.86%	96.72	10.39	41.40	42.8%	4.12%	798.20	1.26	12.20
1977	831.17	-17.27%	89.10	9.33	45.84	51.4%	5.52%	841.76	0.99	10.90
1978	805.01	-3.15%	112.79	7.14	48.52	43.0%	6.03%	890.69	0.90	13.00
1979	838.74	4.19%	124.46	6.74	50.98	41.0%	6.08%	859.41	0.98	14.20
1980	963.99	14.93%	121.86	7.91	54.36	44.6%	5.64%	928.50	1.04	13.60
1981	875.00	-9.23%	113.71	7.70	56.22	49.4%	6.43%	975.59	0.90	11.90
1982	1046.55	19.61%	9.15	114.38	54.14	591.7%	5.17%	881.50	1.19	1.00
1983	1258.64	20.27%	72.45	17.37	56.33	77.8%	4.48%	888.21	1.42	8.20
1984	1211.56	-3.74%	113.58	10.67	60.63	53.4%	5.00%	916.70	1.32	12.60
1985	1546.67	27.66%	96.11	16.09	62.03	64.5%	4.01%	944.97	1.64	10.30
1986	1895.95	22.58%	115.59	16.40	67.04	58.0%	3.54%	986.48	1.92	12.00
1987	1938.83	2.26%	113.05	17.15	71.20	63.0%	3.67%	1008.95	1.92	13.30
1988	2168.57	11.85%	215.46	10.06	79.53	36.9%	3.67%	1075.47	2.02	20.70
1989	2753.20	26.96%	221.48	12.43	103.00	46.5%	3.74%	1276.14	2.16	18.80
1990	2633.66	-4.34%	172.05	15.31	103.70	60.3%	3.94%	1331.52	1.98	13.10
1991	3168.83	20.32%	49.27	64.32	95.18	193.2%	3.00%	1301.31	2.44
1992	3301.11	4.17%	108.25	30.50	100.72	93.0%	3.05%	1146.03	2.88
1993	3754.09	13.72%	146.84	25.57	99.66	67.9%	2.65%	1117.81	3.36
1994	3834.44	2.14%	256.13	14.97	105.66	41.3%	2.76%	1305.32	2.94
1995	5117.12	33.45%	311.02	16.45	116.56	37.5%	2.28%	1337.33	3.83
1996	6448.27	26.01%	353.88	18.22	131.14	37.1%	2.03%	1414.04	4.56
1997	7908.25	22.64%	391.21	20.21	136.10	34.8%	1.72%	1594.14	4.96
1998	9181.43	16.10%	383.35	23.95	151.13	39.4%	1.65%	1691.68	5.43
1999	11497.12	25.22%	477.22	24.09	168.52	35.3%	1.47%	1638.10	7.02
2000	10786.85	-6.18%	485.14	22.23	172.08	35.5%	1.60%	1315.16	8.20
2001	10021.50	-7.10%	369.51	27.12	181.07	49.0%	1.81%	2463.72	4.07
2002	8341.63	-16.76%	385.58	21.63	189.68	49.2%	2.21%	2286.69	3.65
2003	10453.92	25.32%	519.96	20.11	209.42	40.3%	2.06%	2928.09	3.57
2004	10783.01	3.15%	588.95	18.31	239.27	40.6%	2.22%	3359.70	3.21
2005	10717.50	-0.61%	476.32	22.50	246.85	51.8%	2.30%	3510.65	3.05
2006	12463.15	16.29%	728.02	17.12	267.75	36.8%	2.15%	3323.94	3.75
2007	13264.80	6.43%	199.87	66.37	298.99	149.6%	2.25%	3115.48	4.26
2008	8776.39	-33.84%	256.55	34.2	316.40	123.3%	3.61%	2256.26
2009	9034	18.80%	558.83	18.7	277.38		2.66%	4145.91
2010	10583	11.02%	826.11	14.0	286.88		2.48%	4364.51
2011	11670.75	5.68%	893,44	13.7	318.37		2.61%
2012	13104.14	7.26	901.02	14.5	353.97		2.70%
2013	16576.66	26.5	1299.71	12.8	360.1		2.17%
2014	17823.07	7.52
2015	17425.03	-2.23
2016	19762.60	13.42
2017
sum					5910.63