The Depot: 1874: Share Price Index

The top number is for the president's certificate.

The second number (half the top) is for (1) bonds, (2) 20% certificates of a regional railroad that has a 40-20-20-20 split, or (3) 10% certificates of a public railroad.

The third number (~1/3 the top) is for the 25% certificate of the Lake Superior & Ishpeming, which has a 75%-25% split.

This allows different companies to have different numbers of stock certificates.

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dmreed@bihs.net last updated 9 August 1996