News, analysis and personal reflections on the markets & the financial sector

Saturday, February 4, 2012

The Original Dow 12

COMPANYWHAT BECAME OF IT
American Cotton Oil CompanyDistant ancestor of CPC International, Best Foods, now part of Unilever
American SugarEvolved into Amstar Holdings now Domino Foods, Inc.
American TobaccoBroken up in 1911 antitrust action
Chicago Gas CompanyAbsorbed by Peoples Gas, 1897 now a subsidiary of Integrys Energy Group, Inc.
Distilling and Cattle Feeding CompanyWhiskey trust evolved into Quantum Chemical, now Millennium Inorganic Chemicals
General Electric CompanyGoing strong and still in the DJIA
Laclede Gas Light CompanyActive as The Laciede Group, removed from DJIA in 1899
National Lead CompanyToday's NL Industries, removed from DJIA in 1916
Tennessee Coal & IronAbsorbed by U.S. Steel in 1907
North American CompanyUtility combine broken up in 1940's
U.S. Leather (preferred)Dissolved in 1952
U.S. Rubber CompanyBecame Uniroyal in 1961, now part of Michelin since 1990

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