Stock Selection for the Defensive Investor 351TABLE 14-1 Basic Data on 30 Stocks in the Dow Jones Industrial
Average at September 30, 1971
“Earnings Per Share ”a
Price Ave. Ave. Net
Sept. 30, Sept. 30, 1968– 1958– Div. Asset Current
1971 1971 1970 1960 Since Value Div.
Allied Chemical 321 ⁄ 2 1.40 1.82 2.14 1887 26.02 1.20
Aluminum Co. of Am. 451 ⁄ 2 4.25 5.18 2.08 1939 55.01 1.80
Amer. Brands 431 ⁄ 2 4.32 3.69 2.24 1905 13.46 2.10
Amer. Can 331 ⁄ 4 2.68 3.76 2.42 1923 40.01 2.20
Amer. Tel. & Tel. 43 4.03 3.91 2.52 1881 45.47 2.60
Anaconda 15 2.06 3.90 2.17 1936 54.28 none
Bethlehem Steel 251 ⁄ 2 2.64 3.05 2.62 1939 44.62 1.20
Chrysler 281 ⁄ 2 1.05 2.72 (0.13) 1926 42.40 0.60
DuPont 154 6.31 7.32 8.09 1904 55.22 5.00
Eastman Kodak 87 2.45 2.44 0.72 1902 13.70 1.32
General Electric 611 ⁄ 4 2.63 1.78 1.37 1899 14.92 1.40
General Foods 34 2.34 2.23 1.13 1922 14.13 1.40
General Motors 83 3.33 4.69 2.94 1915 33.39 3.40
Goodyear 331 ⁄ 2 2.11 2.01 1.04 1937 18.49 0.85
Inter. Harvester 281 ⁄ 2 1.16 2.30 1.87 1910 42.06 1.40
Inter. Nickel 31 2.27 2.10 0.94 1934 14.53 1.00
Inter. Paper 33 1.46 2.22 1.76 1946 23.68 1.50
Johns-Manville 39 2.02 2.33 1.62 1935 24.51 1.20
Owens-Illinois 52 3.89 3.69 2.24 1907 43.75 1.35
Procter & Gamble 71 2.91 2.33 1.02 1891 15.41 1.50
Sears Roebuck 681 ⁄ 2 3.19 2.87 1.17 1935 23.97 1.55
Std. Oil of Calif. 56 5.78 5.35 3.17 1912 54.79 2.80
Std. Oil of N.J. 72 6.51 5.88 2.90 1882 48.95 3.90
Swift & Co. 42 2.56 1.66 1.33 1934 26.74 0.70
Texaco 32 3.24 2.96 1.34 1903 23.06 1.60
Union Carbide 431 ⁄ 2 2.59 2.76 2.52 1918 29.64 2.00
United Aircraft 301 ⁄ 2 3.13 4.35 2.79 1936 47.00 1.80
U. S. Steel 291 ⁄ 2 3.53 3.81 4.85 1940 65.54 1.60
Westinghouse 961 ⁄ 2 3.26 3.44 2.26 1935 33.67 1.80
Woolworth 49 2.47 2.38 1.35 1912 25.47 1.20
aAdjusted for stock dividends and stock splits.
bTypically for the 12 months ended June 30, 1971.