Growth of $100

Standard &Poor's 500 Index
Lehman Brothers 90 Day Treasury Bills
Quarter 4 1980 $100.00 $100.00 $100.00
Quarter 1 1981 $101.38 $98.53 $103.42
Quarter 2 1981 $99.05 $97.02 $106.97
Quarter 3 1981 $88.91 $88.70 $110.74
Quarter 4 1981 $95.08 $100.17 $114.12
Quarter 1 1982 $88.13 $104.67 $117.53
Quarter 2 1982 $87.64 $107.26 $121.03
Quarter 3 1982 $97.73 $129.22 $124.18
Quarter 4 1982 $115.56 $143.56 $126.60
Quarter 1 1983 $127.14 $148.63 $129.06
Quarter 2 1983 $141.25 $150.42 $131.72
Quarter 3 1983 $141.06 $150.90 $134.64
Quarter 4 1983 $141.63 $151.10 $137.47
Quarter 1 1984 $138.24 $149.05 $140.47
Quarter 2 1984 $134.69 $142.12 $143.77
Quarter 3 1984 $147.74 $161.16 $147.33
Quarter 4 1984 $150.52 $175.62 $150.66
Quarter 1 1985 $164.34 $178.62 $153.58
Quarter 2 1985 $176.39 $199.77 $156.50
Quarter 3 1985 $169.17 $202.73 $159.22
Quarter 4 1985 $198.27 $227.90 $161.99
Quarter 1 1986 $226.24 $261.99 $164.75
Quarter 2 1986 $239.58 $262.78 $167.25
Quarter 3 1986 $222.86 $265.87 $169.60
Quarter 4 1986 $235.28 $276.93 $171.80
Quarter 1 1987 $285.52 $282.24 $174.12
Quarter 2 1987 $299.86 $270.57 $176.58
Quarter 3 1987 $319.64 $252.71 $179.17
Quarter 4 1987 $247.64 $275.25 $181.68
Quarter 1 1988 $261.69 $287.34 $184.24
Quarter 2 1988 $279.08 $290.24 $187.05
Quarter 3 1988 $280.03 $297.00 $190.29
Quarter 4 1988 $288.65 $302.43 $193.94
Quarter 1 1989 $309.11 $305.99 $198.00
Quarter 2 1989 $336.34 $339.36 $202.12
Quarter 3 1989 $372.31 $340.93 $205.93
Quarter 4 1989 $379.96 $354.33 $209.79
Quarter 1 1990 $368.53 $343.80 $213.77
Quarter 2 1990 $391.66 $359.14 $217.83
Quarter 3 1990 $337.90 $352.86 $221.78
Quarter 4 1990 $368.15 $377.02 $225.50
Quarter 1 1991 $421.53 $390.18 $228.82
Quarter 2 1991 $420.53 $394.45 $231.93
Quarter 3 1991 $442.96 $424.77 $235.02
Quarter 4 1991 $480.06 $451.81 $237.59
Quarter 1 1992 $467.96 $440.83 $239.90
Quarter 2 1992 $476.84 $459.77 $242.08
Quarter 3 1992 $491.88 $486.11 $243.89
Quarter 4 1992 $516.59 $491.21 $245.80
Quarter 1 1993 $539.13 $520.54 $247.60
Quarter 2 1993 $541.71 $544.83 $249.44
Quarter 3 1993 $555.67 $573.84 $251.29
Quarter 4 1993 $568.54 $567.46 $253.21
Quarter 1 1994 $547.02 $536.87 $255.27
Quarter 2 1994 $549.31 $521.80 $257.84
Quarter 3 1994 $576.11 $520.77 $260.76
Quarter 4 1994 $576.02 $529.18 $264.19
Quarter 1 1995 $632.04 $564.57 $267.89
Quarter 2 1995 $692.29 $621.93 $271.53
Quarter 3 1995 $747.27 $638.54 $275.06
Quarter 4 1995 $792.22 $684.81 $278.55
Quarter 1 1996 $834.73 $646.01 $281.94
Quarter 2 1996 $872.15 $647.04 $285.43
Quarter 3 1996 $899.11 $658.79 $289.00
Quarter 4 1996 $973.99 $689.49 $292.58
Quarter 1 1997 $1,000.16 $671.45 $296.23
Quarter 2 1997 $1,174.64 $707.80 $299.95
Quarter 3 1997 $1,262.59 $746.62 $303.67
Quarter 4 1997 $1,298.83 $788.07 $307.50
Quarter 1 1998 $1,479.88 $799.03 $311.33
Quarter 2 1998 $1,528.73 $831.83 $315.14
Quarter 3 1998 $1,376.94 $876.51 $318.79
Quarter 4 1998 $1,669.98 $876.65 $322.20
Quarter 1 1999 $1,753.15 $849.51 $325.69
Quarter 2 1999 $1,876.70 $826.39 $329.32
Quarter 3 1999 $1,759.65 $823.47 $333.13
Quarter 4 1999 $2,021.35 $812.98 $337.33
Quarter 1 2000 $2,067.64 $851.67 $342.00
Quarter 2 2000 $2,012.85 $859.12 $346.75
Quarter 3 2000 $1,993.34 $883.38 $351.91
Quarter 4 2000 $1,837.49 $932.02 $357.13
Quarter 1 2001 $1,619.78 $961.95 $361.23
Quarter 2 2001 $1,714.50 $959.34 $364.39
Quarter 3 2001 $1,462.95 $1,005.27 $367.15
Quarter 4 2001 $1,619.26 $1,008.88 $368.92
Quarter 1 2002 $1,623.72 $997.51 $370.53
Quarter 2 2002 $1,406.31 $1,037.80 $372.09
Quarter 3 2002 $1,163.49 $1,128.95 $373.60

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