Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Beginnings Of The Stock Market - College Essays

Beginnings Of The Stock Market

At the tail end of the 19th century, boasting a list of business contacts made reporting on gold and silver prospecting in a Colorado mining town called Leadville, Charles Dow left the frontier for the nation's financial hub, New York City. He found a job at the Kiernan News Agency, a service that distributed handwritten business news to banks and brokers, where he met two fellow financial reporters, Edward Jones and Charles Bergstresser. In 1882, the three jumped ship to form a publishing venture of their own.
Poor Bergstresser. Not only did he bankroll Dow Jones & Company with the savings he'd acquired by working his way through college, but he also
gave the company's publication, a ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

Dow used twelve companies and expanded into the American economy's bustling industrial sector, companies with names like National Lead and U.S. Rubber. The first measurement of the Dow Jones Industrial Average was 40.94, and it sagged back down close to that number at 41.22 points in 1932 during the throes of the Great Depression. Forty years later the index broke 1,000, and today it's barreling down on the 9,000 ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login

CITE THIS PAGE:

APA
MLA
Chicago
Turabian

Beginnings Of The Stock Market. (2006, October 4). Retrieved January 12, 2026, from http://www.essayworld.com/essays/Beginnings-Of-The-Stock-Market/53394

"Beginnings Of The Stock Market." Essayworld.com. Essayworld.com, 4 Oct. 2006. Web. 12 Jan. 2026. <http://www.essayworld.com/essays/Beginnings-Of-The-Stock-Market/53394>

"Beginnings Of The Stock Market." Essayworld.com. October 4, 2006. Accessed January 12, 2026. http://www.essayworld.com/essays/Beginnings-Of-The-Stock-Market/53394.

JOIN NOW

Join today and get instant access to this and 50,000+ other essays

PAPER DETAILS

Added: 10/4/2006 01:43:03 PM
Category: World History
Type: Free Paper
Words: 267
Pages: 1

Save |

Report

SHARE THIS PAPER

SAVED ESSAYS

Save and find your favorite essays easier