Which type of stress is calculated by dividing the instantaneous load applied to a specimen by the actual reduced cross-sectional area at that specific instant?

When a bar of length l and uniform cross-section is rigidly fixed at the upper end and hangs freely, the total elongation produced in the bar due to its own weight is given by (where w = weight per unit volume and E = Modulus of Elasticity):

The hoop stress set up in a thin cylinder subjected to internal fluid pressure is: