00:00 The Dow Jones Industrial Average is a collection of 30 blue chip stocks that was created in 1896 with only 12 stocks, most of which are no longer well-known.

02:14 The Dow Jones Industrial Average is an index of 30 large American companies that was created in 1896 and is used to reflect the relative health of the economy, although it was not originally designed for that purpose.

03:41 The original Dow Jones industrial average companies from 1896 included the American Cotton Oil Company and the American Sugar Refining Company, both of which have undergone various mergers and acquisitions over the years.

05:20 The original Dow Jones companies from 1896 included American Sugar Refining, American Tobacco, Chicago Gas Company, and the Distilling and Cattle Feeding Company, all of which have undergone various mergers and acquisitions over the years.

06:52 National Distillers, which later became National Distillers and Chemical Corporation, spun off its alcohol business into Jim Beam Distilling and eventually became Quantum Chemical, which is now owned by Heidelberg Cement; General Electric, still in existence today, was founded by Thomas Edison and was only removed from the Dow Jones in 2018; Le Cleed Gas, now known as Spire, is one of the longest continuously traded stocks in the country; National Lead emerged as the largest lead company in the U.S. after the breakup of the Lead Trust.

08:22 United States Rubber, which later became Uniroyal, was dissolved in 1990 after a series of mergers and acquisitions.

09:50 An investment in the specific companies on the Dow Jones Industrial Average in 1896 would be worth a substantial amount today, although the exact value cannot be calculated due to factors such as diversification, spin-offs, and privatization.