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Dow Jones in 1899

The Dow Jones Industrial Average rose 9.2% in 1899, from 60.52 at the end of 1898 to 66.08. Its highest close was 77.61 on Sep 5 — a record that stood until June 3, 1901, and its lowest 58.27 on Dec 18. The biggest one-day fall was −8.7% on Dec 18 and the biggest rise +4.7% on Dec 19. Adjusted for inflation, it lost 6.6%.

Change in 1899
+9.2%
60.52 → 66.08
High
77.61
Sep 5
Low
58.27
Dec 18
After inflation
−6.6%
US CPI
Up days
163 of 296
longest run 8 up, 7 down
Record highs
34
closing records

Dow Jones, daily closes 1899

Numbers mark the events below
606876previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Jan 7: sets the first of 34 record closing highs this year, at 61.35.2Mar 10: Delaware enacts its general corporation law.3Mar 16: closes above 70 for the first time (70.71).4Sep 5: Last record close of the year: 77.61.5Oct 11: The Second Boer War begins in South Africa, home of the Witwatersrand gold mines.6Dec 18: Stock prices fall sharply in New York and the Produce Exchange Trust Company fails.7Dec 18: Enters a bear market: 20% below its peak of 77.61 (September 5, 1899).8Dec 19: New York clearinghouse banks pool a $10 million loan fund to stem failures.

Key Events in 1899

What happened, and how the Dow Jones moved — on the day (or the next trading day) and about a month later.

  1. 1
    Saturday, January 7 From the data
    sets the first of 34 record closing highs this year, at 61.35.
  2. 2
    Friday, March 10
    Delaware enacts its general corporation law. Source
    Dow Jones: +0.7% that day · +12.4% a month later
  3. 3
    Thursday, March 16 From the data
    closes above 70 for the first time (70.71).
  4. 4
    Tuesday, September 5 From the data
    Last record close of the year: 77.61.
  5. 5
    Wednesday, October 11
    The Second Boer War begins in South Africa, home of the Witwatersrand gold mines. Source
    Dow Jones: −0.6% that day · +2.5% a month later
  6. 6
    Monday, December 18
    Stock prices fall sharply in New York and the Produce Exchange Trust Company fails. Source
    Dow Jones: −8.7% that day · +1.7% a month later
  7. 7
    Monday, December 18 From the data
    Enters a bear market: 20% below its peak of 77.61 (September 5, 1899).
  8. 8
    Tuesday, December 19
    New York clearinghouse banks pool a $10 million loan fund to stem failures. Source
    Dow Jones: +4.7% that day · +11.2% a month later

Biggest days of 1899

Best daysWorst days
Dec 19+4.7%Dec 18−8.7%
Dec 27+4.0%Dec 13−5.2%
May 10+3.6%May 13−3.9%
Dec 23+3.2%Dec 8−3.8%
Feb 20+3.1%Dec 16−3.6%

Volatility: 20.4% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan64.35+6.3%65.0260.41
Feb66.78+3.8%67.5261.95
Mar74.33+11.3%74.7065.90
Apr76.71+3.2%77.2872.60
May67.51−12.0%76.0467.51
Jun70.38+4.3%73.0868.40
Jul73.73+4.8%73.7370.55
Aug75.66+2.6%76.2373.68
Sep72.87−3.7%77.6172.39
Oct74.97+2.9%74.9770.95
Nov75.55+0.8%75.9373.06
Dec66.08−12.5%75.6858.27
1896189718981899

Dow Jones in 1899: FAQ

How much did the Dow Jones Industrial Average rise in 1899?

The Dow Jones Industrial Average rose 9.2% in 1899, from 60.52 at the end of 1898 to 66.08. Its highest close was 77.61 on Sep 5 — a record that stood until June 3, 1901, and its lowest 58.27 on Dec 18. The biggest one-day fall was −8.7% on Dec 18 and the biggest rise +4.7% on Dec 19. Adjusted for inflation, it lost 6.6%.

What were the highest and lowest closes of the Dow Jones Industrial Average in 1899?

Highest: 77.61 on September 5, 1899. Lowest: 58.27 on December 18, 1899. It closed higher on 163 of 296 trading days.

What happened to the Dow Jones Industrial Average on December 18, 1899?

Stock prices fall sharply in New York and the Produce Exchange Trust Company fails. The Dow Jones Industrial Average fell 8.7% that day, and was +1.7% a month later.

Did the Dow Jones Industrial Average reach a record high in 1899?

Yes — 34 record closing highs, the last at 77.61 on September 5, 1899.

Data: Daily closes since 26 May 1896. Saturday sessions were held until 1952. The NYSE was closed from 31 Jul to 11 Dec 1914. Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.