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- Charles Bergstresser left his previous employer to found Dow Jones because he thought he was not treated fairly. Charles Bergstresser used his savings to fund Dow Jones.
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Although he was the chief financier of the fledgling company, 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, which was located in the basement of 15 Wall Street, near the New York Stock Exchange, as a reporter.
Nov 10, 2022 · In 1882 he convinced Dow and Jones to leave Kiernan and found their own financial news agency. It couldn’t have happened without Bergstresser. “Buggy,” as they called him, was the most important partner.
Mar 24, 1999 · Jones left the company in 1899, only three years after the Dow Jones Industrial Averages’ formula was perfected for the publication. Three years later, at 51, Dow died. The silent...
The family relationship between Dow and his cousin by marriage, Charles Bergstresser, who was also a partner in the firm, might have precipitated Jones's departure. Jones continued to live a good life on Wall Street, and his eulogy of Dow three years later was respectful and even loving, calling his former partner a "tower of strength" and one ...
Main article: Dow Jones & Company Although he was the chief financier of the fledgling company, [4] Bergstresser chose to be a silent partner of Dow and Jones, using money he had saved while in college to fund their company.
Although he was the chief financier of the fledgling company, 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, which was located in the ba*t of 15 Wall Street, near the New York Stock Exchange, as a reporter.
Mar 30, 1999 · That's because Charles M. Bergstresser played a major role in the launch of Dow Jones & Co. : He bankrolled the publishing venture in 1882 with cash- strapped Charles Dow and Edward Jones...
