Year	US Stocks	CPI		date	US Equity / CPI 1913-2003		date	US Equity / CPI 1913-2003
1913	2.5732	10		12/31/13	0.2573242		12/31/13	0
1914	2.4307	10.1		12/31/14	0.2406677		12/31/14	-6.5%
1915	3.3735	10.3		12/31/15	0.3275252		12/31/15	27.3%
1916	3.5896	11.6		12/29/16	0.309448		12/29/16	20.3%
1917	2.9107	13.7		12/31/17	0.212458		12/31/17	-17.4%
1918	3.4815	16.5		12/31/18	0.2110028		12/31/18	-18.0%
1919	4.2001	18.9		12/31/19	0.2222298		12/31/19	-13.6%
1920	3.4493	19.4		12/31/20	0.1778014		12/31/20	-30.9%
1921	3.8496	17.3		12/30/21	0.2225178		12/30/21	-13.5%
1922	5.0286	16.9		12/29/22	0.2975505		12/29/22	15.6%
1923	5.1791	17.3		12/31/23	0.2993693		12/31/23	16.3%
1924	6.5792	17.3		12/31/24	0.3802996		12/31/24	47.8%
1925	8.4409	17.9		12/31/25	0.4715588		12/31/25	83.3%
1926	9.2428	17.7		12/31/26	0.5221914		12/31/26	102.9%
1927	12.2984	17.3		12/30/27	0.7108898		12/30/27	176.3%
1928	17.0591	17.1		12/31/28	0.997606		12/31/28	287.7%
1929	14.5774	17.2		12/31/29	0.8475255		12/31/29	229.4%
1930	10.4583	16.1		12/31/30	0.6495825		12/31/30	152.4%
1931	5.8664	14.6		12/31/31	0.4018101		12/31/31	56.1%
1932	5.2924	13.1		12/30/32	0.4040035		12/30/32	57.0%
1933	8.3396	13.2		12/29/33	0.6317887		12/29/33	145.5%
1934	8.7026	13.4		12/31/34	0.6494455		12/31/34	152.4%
1935	12.5347	13.8		12/31/35	0.9083145		12/31/35	253.0%
1936	16.5779	14		12/31/36	1.184138		12/31/36	360.2%
1937	10.8381	14.4		12/31/37	0.7526471		12/31/37	192.5%
1938	13.8937	14		12/30/38	0.9924089		12/30/38	285.7%
1939	14.2904	14		12/29/39	1.0207462		12/29/39	296.7%
1940	13.2607	14.1		12/31/40	0.9404721		12/31/40	265.5%
1941	11.9523	15.5		12/31/41	0.7711173		12/31/41	199.7%
1942	13.8600	16.9		12/31/42	0.8201161		12/31/42	218.7%
1943	17.7850	17.4		12/31/43	1.0221253		12/31/43	297.2%
1944	21.5834	17.8		12/29/44	1.2125498		12/29/44	371.2%
1945	29.7795	18.2		12/31/45	1.6362364		12/31/45	535.9%
1946	28.0154	21.5		12/31/46	1.3030397		12/31/46	406.4%
1947	29.0114	23.4		12/31/47	1.2398026		12/31/47	381.8%
1948	29.6444	24.1		12/31/48	1.2300601		12/31/48	378.0%
1949	35.6713	23.6		12/30/49	1.5114937		12/30/49	487.4%
1950	46.1717	25		12/29/50	1.8468694		12/29/50	617.7%
1951	55.7522	26.5		12/31/51	2.103855		12/31/51	717.6%
1952	63.2392	26.7		12/31/52	2.3685108		12/31/52	820.4%
1953	63.6106	26.9		12/31/53	2.3647077		12/31/53	819.0%
1954	95.4750	26.7		12/31/54	3.5758443		12/31/54	1289.6%
1955	119.5485	26.8		12/30/55	4.4607648		12/30/55	1633.5%
1956	129.3990	27.6		12/31/56	4.6883706		12/31/56	1722.0%
1957	116.0877	28.4		12/31/57	4.087596		12/31/57	1488.5%
1958	168.3200	28.9		12/31/58	5.8242225		12/31/58	2163.4%
1959	190.4436	29.4		12/31/59	6.4776746		12/31/59	2417.3%
1960	192.0136	29.8		12/30/60	6.4434108		12/30/60	2404.0%
1961	244.7018	30		12/29/61	8.1567251		12/29/61	3069.8%
1962	219.7167	30.4		12/31/62	7.2275238		12/31/62	2708.7%
1963	265.7096	30.9		12/31/63	8.5990158		12/31/63	3241.7%
1964	308.6212	31.2		12/31/64	9.8917037		12/31/64	3744.1%
1965	353.1277	31.8		12/30/65	11.104645		12/30/65	4215.4%
1966	322.3777	32.9		12/30/66	9.7987146		12/30/66	3707.9%
1967	414.8492	33.9		12/29/67	12.237439		12/29/67	4655.7%
1968	473.6951	35.5		12/31/68	13.343524		12/31/68	5085.5%
1969	421.8733	37.7		12/31/69	11.190274		12/31/69	4248.7%
1970	422.0062	39.8		12/31/70	10.603172		12/31/70	4020.5%
1971	496.6169	41.1		12/30/71	12.083137		12/30/71	4595.7%
1972	585.9092	42.5		12/29/72	13.7861		12/29/72	5257.5%
1973	477.4241	46.2		12/31/73	10.333855		12/31/73	3915.9%
1974	341.8926	51.9		12/31/74	6.5875255		12/31/74	2460.0%
1975	473.4277	55.5		12/31/75	8.5302288		12/31/75	3215.0%
1976	599.2995	58.2		12/30/76	10.297242		12/30/76	3901.7%
1977	583.4954	62.1		12/30/77	9.3960606		12/30/77	3551.4%
1978	637.6134	67.7		12/29/78	9.4182193		12/29/78	3560.1%
1979	800.6007	76.7		12/31/79	10.438079		12/31/79	3956.4%
1980	1070.1614	86.3		12/31/80	12.40048		12/31/80	4719.0%
1981	1030.0328	94		12/31/81	10.957796		12/31/81	4158.4%
1982	1222.7546	97.6		12/30/82	12.528224		12/30/82	4768.7%
1983	1509.6851	101.3		12/30/83	14.903111		12/30/83	5691.6%
1984	1555.6880	105.3		12/31/84	14.773865		12/31/84	5641.3%
1985	2062.2896	109.3		12/31/85	18.868158		12/31/85	7232.4%
1986	2394.2144	110.5		12/31/86	21.667099		12/31/86	8320.2%
1987	2448.6701	115.4		12/31/87	21.218978		12/31/87	8146.0%
1988	2887.9997	120.5		12/30/88	23.966802		12/30/88	9213.9%
1989	3730.5394	126.1		12/29/89	29.583976		12/29/89	11396.8%
1990	3499.9551	133.8		12/31/90	26.15811		12/31/90	10065.4%
1991	4697.0940	137.9		12/31/91	34.061595		12/31/91	13136.8%
1992	5118.3069	141.9		12/31/92	36.069816		12/31/92	13917.3%
1993	5695.7253	145.8		12/30/93	39.065332		12/30/93	15081.4%
1994	5692.0454	149.7		12/30/94	38.023016		12/30/94	14676.3%
1995	7766.7167	153.5		12/29/95	50.597503		12/29/95	19562.9%
1996	9414.1320	158.6		12/31/96	59.357705		12/31/96	22967.3%
1997	12359.9212	161.3		12/31/97	76.626914		12/31/97	29678.4%
1998	15255.9686	163.9		12/31/98	93.080955		12/31/98	36072.6%
1999	18850.1662	168.3		12/30/99	112.00336		12/30/99	43426.2%
2000	16796.6036	174		12/29/00	96.532205		12/29/00	37413.8%
2001	14953.3395	176.7		12/31/01	84.625577		12/31/01	32786.8%
2002	12729.78841	180.9		12/31/02	70.369201		12/31/02	27246.5%