WHERE ARE THEY NOW? The 12 members of the 1896 Dow Jones Industrial Average by Akin Oyedele on Sep 28, 2015, 7:14 AM  Later this month, Apple will join the Dow Jones Industrial Average.
Apple will replace AT&T, which was better-known as American Telephone & Telegraph when it originally joined the Dow in October 1916.
This 30-stock index has seen a lot of turnover in its history. And believe it or not, there were only 12 stocks in it when it was created in 1896.
"The Dow Jones Industrial Average consisted entirely of industrial stocks, as it was published for the first time," noted S&P's Howard Silverblatt. It's a lot more diverse today. And only one of the original 12 members continues to hold a spot in it.
American Sugar Company  What it did: It was the largest American company in the sugar refining business in the early 20th century, with investments in the Caribbean. It was established in 1891 with $50 million in capital. Where it is now: It has since been acquired by American Sugar Refining, whose products include Domino Sugar. It was dropped from the Dow in 1930. Source: Wikipedia
American Tobacco Company  What it did: The American Tobacco Company acquired over 200 competitors to become the dominant player in the industry. It was founded in 1890. Where it is now: The Supreme Court ordered it to dissolve following an anti-trust lawsuit. It splintered into many smaller companies and renamed itself Fortune Brands. It was dropped from the Dow in 1985. Source: Wikipedia
See the rest of the story at Business Insider
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