Charles Bergstresser
Charles Milford Bergstresser (1858–1923) was an American journalist and, with Charles Dow and Edward Jones, one of the founders of Dow Jones & Company at 15 Wall Street in 1882.
A native of Berrysburg, Pennsylvania, Bergstresser was born on June 25, 1858.[1] Bergstresser graduated from Lafayette College, where he took a scientific course and Latin, in 1881.[1] After graduation, he took a job with the Kiernan News Agency, but he was not satisfied with his employment, particularly when the Agency refused to give equity interest in a stylus that he had invented which would allow information to be inscribed in 35 bulletins at once.[2] Dow and Jones were co-workers there, and Bergstresser convinced the pair to join him in departing from Kiernan to form their own company in November 1882.[2][3] Although he was the chief financier of the fledgling company,[3] Bergstresser chose to be a silent partner of Dow and Jones, using money he had saved while in college to fund their company.[citation needed] He worked for the new company as a reporter.[4] It was he who came up with the name The Wall Street Journal.[3]
He retired as a journalist in 1903.[5] He died on Thursday, September 20, 1923.[6]
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