Charles Bergstresser

Charles Milford Bergstresser (June 25, 1858 – September 20, 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. 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]


  1. 1 2 Coffin, Selden Jennings; William Baxter Owen; Lafayette College (1879). Record of the men of Lafayette: brief biographical sketches of the alumni of Lafayette College from its organization to the present time. The College. p. 290. Retrieved 17 December 2010.
  2. 1 2 Geisst, Charles R. (2006). Encyclopedia of American business history. Infobase Publishing. p. 305. ISBN 978-0-8160-4350-7.
  3. 1 2 3 Carlson, Charles B. (14 December 2004). Winning with the Dow's Losers: Beat the Market with Underdog Stocks. HarperCollins. pp. 26–. ISBN 978-0-06-057658-5.
  4. Lovell, Ronald P. (1 January 1993). Reporting public affairs: problems & solutions. Waveland Press. p. 402. ISBN 978-0-88133-696-2.
  5. John Franklincomp Stonecipher (2009) [1913]. Biographical Catalogue of Lafayette College 1832-1912. BiblioBazaar, LLC. pp. 271–. ISBN 978-1-116-07280-8. Retrieved 17 December 2010. This is a reproduction of an out of copyright work, originally published Easton, Pa., Chemical pub. co.
  6. "C.M. Bergstresser Dies at Age of 65". Wall Street Journal. September 22, 1923. Retrieved 17 December 2010.

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