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Dow Jones Average

(Encyclopedia)Dow Jones Average, indicators used to measure and report value changes in representative stock groupings on the New York stock exchange. There are four different averages—industrial stocks, transpor...

average

(Encyclopedia)average, number used to represent or characterize a group of numbers. The most common type of average is the arithmetic mean. See median; mode. ...

Black Monday

(Encyclopedia)Black Monday, Oct. 19, 1987, in U.S. history, day of financial panic. The Dow Jones Average fell 508.32 points, a drop of 22.6%, the largest since 1914. The point decline as well as the volume, 604.33...

program trading

(Encyclopedia)program trading, a form of securities trading, also known as index arbitrage. Program traders exploit the price discrepancies between indexes of stocks and futures contracts by using sophisticated com...

Dow, Gerard

(Encyclopedia)Dow, Gerard: see Dou.

Dow, Lorenzo

(Encyclopedia)Dow, Lorenzo dou [key], 1777–1834, American evangelist, b. Coventry, Conn. Although connected at times with the Methodist Church, he was an independent preacher for much of his life, traveling betwe...

Dow, Neal

(Encyclopedia)Dow, Neal, 1804–97, American prohibitionist, b. Portland, Maine. He helped organize the Maine Temperance Union in 1838 and prepared (1851) the famous “Maine Law,” which superseded the less rigid...

Palmer, Erastus Dow

(Encyclopedia)Palmer, Erastus Dow, 1817–1904, American sculptor, b. Pompey, N.Y., self-taught. A carpenter in his youth, he spent his leisure time cutting cameos. He progressed to carving bas-reliefs and then fig...

Davy Jones

(Encyclopedia)Davy Jones, personification or spirit of the sea. The name is best known in the expression “Davy Jones's locker,” meaning the bottom of the sea, to which drowned sailors go. ...

Jones, Anson

(Encyclopedia)Jones, Anson, 1798–1858, last president of the Texas republic (1844–46), b. Seekonk section of Great Barrington, Mass. He studied medicine and after an itinerant business and medical career went (...