Stock Price Archive

TO BE USED FOR THE CALCULATION OF ADJUSTED COST BASIS AS A RESULT OF STOCK SPLITS AND DIVIDENDS FOR PARTICIPANTS IN THE STOCK PURCHASE PLAN PRIOR TO 1996

This chart reflects actual subscription price set by the Board of Directors for each plan year;individual purchases may have been below the stated plan price. Shareholders should consult personal records for actual purchase prices.


EMPLOYEE STOCK SUBSCRIPTION PLAN

 
Subscription Year Contract Price Orignal Purchased Share*
Adjusted Basis
1947-48 $60.50 $1.31
1948-49 $60.21 $1.30
1949-50 $51.52 $1.11
1950-51 $51.31 $1.11
1951-52 $55.16 $1.19
1952-53 $50.00 $1.08
1953-54 $43.27 $0.93
1954-55 $45.38 $0.98
1955-56 $51.03 $1.10
1956-57 $53.31 $1.15
1957-58 $47.00 $1.01
1958-59 $38.64 $0.83
1959-60 $19.20 $0.41
Nov 1959 2-1/2 for 1 stock split
1960-61 $18.83 $1.02
1961-62 $17.00 $0.92
1962-63 $17.72 $0.96
1963-64 $19.24 $1.04
1964-65 $23.25 $1.25
1965-66 $25.09 $1.35
1966-67 $31.17 $1.68
1967-68 $35.75 $1.93
1968-69 $43.05 $2.32
1969-70 $47.48 $2.56
1970-71 $20.30 $1.09
1971-72 $28.50 $1.54
June 1971 2 for 1 stock split
1972-73 $46.73 $5.04
Sept 1972 3% stock dividend***
1973-74 $35.50 $3.94
1974-75 $14.83 $1.65
1975-76 $17.88 $1.99
1976-77 $29.13 $3.24
1977-78 $23.59 $2.62
Aug 1978 3 for 2 stock split
1978-79 $24.30 $4.05
1979-80 $27.20 $4.53
April 1980 2 for 1 stock split
1980-81 $14.88 $4.96
1981-82 $14.24 $4.75
1982-83 $14.29 $4.76
1983-84 $17.69 $5.90
1984-85 $22.21 $7.40
1985-86 $25.45 $8.48
Aug 1986 3 for 2 stock split
1986-87 $22.45 $11.23
1987-88 $30.65 $15.33
1988-89 $22.53 $11.27
1989-90 $33.10 $16.55
1990-91 $25.34 $12.67
1991-92 $35.17 $17.59
1992-93 $32.99 $16.50
1993-94 $35.59 $17.80
1994-95 $36.60 $18.30
April 1996 2 for 1 stock split
1996 to Present New Stock Purchase Plan Begins

*All calculations assume One (1) share purchased and held. Each purchase of shares must be treated as a separate transaction.
** Stock dividend awarded to all holders of record on 10/30/1972.
 

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