COMMON-STOCK INDEXES

2nd edition
by
ALFRED COWLES 3RD AND ASSOCIATES
Principia Press, Inc.
Bloomington, Indiana
1939
Download ENTIRE BOOK (15,804 kb) or individual chapters below


TABLE OF CONTENTS

Page 
Preliminary pages

INTRODUCTION

The Importance of Common Stocks
Cowles Commission Indexes
Period Covered
Data Employed
Selection of the Index-Number Formulas 11 
Construction of the Stock Price Indexes 17 
The Standard Statistics Company Formula 25 
Fisher's "Ideal" Formula 30 
Criticisms of Well-Known Indexes 33 
10  Some Important Facts Disclosed by the Indexes 40 


CHARTS

51 


INDEXES

Series P — Stock Prices 65 
Series C — Stock Prices including Cash Dividends 167 
Series Y — Yield Expectations 269 
Series Ya — Yields 371 
Series Da — Dividend Payments 387 
Series R — Earnings-Price Ratios 403 
Series E — Earnings 419 


APPENDIXES

United States and Foreign Common-Stock Indexes 437 
II  Common Stocks Included in Cowles Commission Indexes 454 
III  Series PEa — Prices of Stocks for which Earnings Data Are Available 476 
IV  Series YEa — Yields of Stocks for which Earnings Data Are Available 484 
Index of Bond Interest 492 

General Index to Introduction and Appendix I

495