AKA Charles Henry Dow
Birthplace: Sterling, CT
Location of death: Brooklyn, NY
Cause of death: unspecified
Remains: Buried, North Burial Ground, Providence, RI
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Journalist, Business
Nationality: United States
Executive summary: Dow of Dow Jones
After working for some years as financial reporters Charles Dow and Edward Jones formed Dow, Jones & Company in 1882 to put out their own ideal business journal. The company was initially located in the basement of a candy shop. Within a year it was putting out the Customer's Afternoon Letter a two page summary of the daily financial news. This small affair would eventually become The Wall Street Journal.
On July 3, 1884 Charles Dow released the first Dow Jones average in his report. He used eleven companies to compile the average:
Soon Dow dropped all the non-railroad companies from this average and formed a seperate stock average for industrial companies. He called it the Dow Jones Industrial Average.
Father: (farmer, d. 1857)
Wife: Lucy Dow (m. 1881)
Dow Jones Co-Founder (1882)
The Wall Street Journal Founder (1889)
New York Stock Exchange
Author of books:
History of Steam Navigation between New York and Providence (1877)
Newport: The City by the Sea (1880)
Do you know something we don't?
Submit a correction or make a comment about this profile
Copyright ©2014 Soylent Communications