PRICE EARNINGS RATIO
dont
1929
dabei}
i928
ING
Ea Ol
1928
Jo2
CREASE —
1929
ALL INDUSTRIALS
STANDARD STATISTICS
Ce he
JAN. FEB. MAR. APR. MAY JUNE JUL. AUG. SEPT. OCT. NOV. DEC
CuART 10~—For all Industrial common shares earnings increased
far more rapidly than the increase of stock prices during 1929. But
this group is open to the objection that it is a variable group of
stocks.
3
