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St. Petersburg Stock Exchange: 1865-1917

The St. Petersburg Stock Exchange History Research Project is an on-going research effort by the International Center of Finance to collect price and dividend information on stocks that were listed in the St. Petersburg Stock Exchange (SPSE) during the nineteenth and beginning of the twentieth centuries.

Monthly price data collected by William Geotzmann, Christos Cabolis, and Peter Radchenko for all the securities listed in the St. Petersburg Stock Exchange from January 1865 to July 1914 when the Stock Exchange closed down due to World War I. In addition they collected prices for all the securities that were traded after the SPSE reopened for two months in 1917 before it closed down again for 74 years after the 1917 revolution.

The main purpose of this project is to construct complete series of data for SPSE that will allow the ICF to study long-term trends and performance.

St. Petersburg Stock Exchange Index
St. Petersburg Stock Exchange Index Chart

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This data is supplied solely for academic research purposes. Any commercial use or redistribution without the authorization of the authors and the International Center for Finance at Yale is prohibited. Any use of the data in publication must cite the source appropriately.

Individual Securities Data

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This data is supplied solely for academic research purposes. Any commercial use or redistribution without the authorization of the authors and the International Center for Finance at Yale is prohibited. Any use of the data in publication must cite the source appropriately.

Price Weighted Capital Appreciation Indices

Price Weighted Capital Appreciation, Price Weighted Appreciation Index, Dividend Return, Total Return Series for all the traded securities in the SPSE between 1885 and 1915 were constructed by Peter Radchenko.

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SPSE and NYSE Comparison

Comparisons of the monthly NYSE and SPSE price-weighted, dollar-denominated, capital appreciation indices from January 1865 to February 1917. The NYSE index was constructed by William Goetzmann, Roger Ibbotson, and Liang Peng, and the SPSE index was constructed by Peter Radchenko.

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Images and Sources

1888 

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1900

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1911

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1914

1917

Sources

This data is supplied solely for academic research purposes. Any commercial use or redistribution without the authorization of the authors and the International Center for Finance at Yale is prohibited. Any use of the data in publication must cite the source appropriately.