One of the first 12 that made up the original DOW and now it is gone.

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Just from a historical perspective, wow…

The Dow Jones Industrial Average was created in 1896 by Charles Dow and originally consisted of 12 companies:

American Cotton Oil

American Sugar

American Tobacco

Chicago Gas

Distilling & Cattle Feeding

General Electric

Laclede Gas

National Lead

North American

Tennessee Coal and Iron

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U.S. Leather pfd.

U.S. Rubber.

At the time, these companies represented each sector of the market and thus the Dow Jones illustrated the overall performance of the market in the United States.

Walgreens to replace GE on the DOW

Bob Nardelli on General Electric leaving the Dow from CNBC.

  • Industrial giant General Electric is out of the Dow Jones industrial average and will be replaced by drugstore chain Walgreens Boots Alliance.
  • GE was one of the original components of the Dow Jones industrial average of 30 stocks in 1896.
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