Changing industrials

Traveler’s — the St. Paul-based (sort of) — insurance company has made the big time. It has been added to the vaunted Dow Jones 30 industrials. It and Cisco have replaced the bankrupt General Motors and the teetering Citigroup.

Here’s are the current “members” of the industrials:

3M

Alcoa Inc

American Express Company

AT&T Inc

Bank of America Corporation

Boeing Co

Caterpillar Inc.

Chevron Corp

Cisco

E.I. du Pont de Nemours and Company

Exxon Mobil Corp

General Electric Company

Hewlett-Packard Co.

Intel Corporation

International Business Machines

Johnson & Johnson

JP Morgan & Chase & Co

Kraft Foods Inc.

McDonald’s Corporation

Merck & Co., Inc.

Microsoft Corporation

Pfizer Inc

The Coca-Cola Company

The Home Depot, Inc.

The Procter & Gamble Company

Travelers

United Technologies Corporation

Verizon Communications

Wal-Mart Stores, Inc.

Walt Disney Company

There are no longer any automakers on the list.

Compare it to the 30 Industrials of 1979, with an abundance of oil and steel.

Allied Chemical

General Foods

Owens-Illinois Glass

Aluminum Company of America

General Motors Corporation

Procter & Gamble Company

American Can

Goodyear

Sears Roebuck & Company

American Telephone & Telegraph

Inco

Standard Oil of California

American Tobacco B

International Business Machines

Texaco Incorporated

Bethlehem Steel

International Harvester

Union Carbide

Du Pont

International Paper Company

United Technologies Corporation

Eastman Kodak Company

Johns-Manville

U.S. Steel

Exxon Corporation

Merck & Company, Inc.

Westinghouse Electric

General Electric Company

Minnesota Mining & Manufacturing

Woolworth

  • bj

    I know most of the names on the 1979 list, how many are still around – if so what form (ie sears is now owned by kmart).

  • mombalabamba

    Perhaps it shouldn’t be called the ‘industrial’ average any longer. Thank goodness McDonalds & Walmart are on the list…….they can prop up the DJIA when the others falter!