Okla-homey
11/6/2007, 06:56 AM
November 6, 1851: Charles Henry Dow is born
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Charles Henry Dow
156 years ago today, Charles Henry Dow, the journalist and economist who helped wed media to the stock markets, was born in Connecticut.
Dow moved to New York in 1872, where the then 21 y/o Dow went to work as a "stringer" for a financial news wire. In 1882, at 29 he joined forces with Edward D. Jones to produce news reports for Wall Street brokerage firms. The newly formed Dow Jones Co. would churn out these bulletins, then known as "flimsies," or "slips," and send them over to Wall Street via messenger.
http://aycu38.webshots.com/image/33317/2003001764701477403_rs.jpg (http://allyoucanupload.webshots.com/v/2003001764701477403)
http://aycu26.webshots.com/image/33065/2003033360139488683_rs.jpg (http://allyoucanupload.webshots.com/v/2003033360139488683)
Print this image on a color printer, fill in your name and show it to your hillbilly friends. They'll be impressed you are a member of the Trilateral Commission or sumpin.
Dow and his team would cap the day with a summary report of the market action that, by 1889, had evolved into the Wall Street Journal. Dow was the first editor of the WSJ, using the paper as a vehicle to postulate his economic beliefs, including the aptly named "Dow theory."
http://aycu29.webshots.com/image/32628/2003007754766270378_rs.jpg (http://allyoucanupload.webshots.com/v/2003007754766270378)
Along the way, Dow's writings on understanding market behavior, published in Samuel A. Nelson's 1903 book "The ABC of Stock Speculation", form the basis for what is known as The Dow Theory which is a statistical method for measuring the markets that has since become the Dow Jones average.
http://aycu18.webshots.com/image/34137/2003093958313766000_rs.jpg (http://allyoucanupload.webshots.com/v/2003093958313766000)
Dow died in 1902 and is buried in Providence, RI.
http://aycu26.webshots.com/image/33065/2003026750529529628_rs.jpg (http://allyoucanupload.webshots.com/v/2003026750529529628)
http://aycu30.webshots.com/image/30949/2003065932132605782_rs.jpg (http://allyoucanupload.webshots.com/v/2003065932132605782)
http://aycu30.webshots.com/image/32789/2003051895182621553_rs.jpg (http://allyoucanupload.webshots.com/v/2003051895182621553)
Charles Henry Dow
156 years ago today, Charles Henry Dow, the journalist and economist who helped wed media to the stock markets, was born in Connecticut.
Dow moved to New York in 1872, where the then 21 y/o Dow went to work as a "stringer" for a financial news wire. In 1882, at 29 he joined forces with Edward D. Jones to produce news reports for Wall Street brokerage firms. The newly formed Dow Jones Co. would churn out these bulletins, then known as "flimsies," or "slips," and send them over to Wall Street via messenger.
http://aycu38.webshots.com/image/33317/2003001764701477403_rs.jpg (http://allyoucanupload.webshots.com/v/2003001764701477403)
http://aycu26.webshots.com/image/33065/2003033360139488683_rs.jpg (http://allyoucanupload.webshots.com/v/2003033360139488683)
Print this image on a color printer, fill in your name and show it to your hillbilly friends. They'll be impressed you are a member of the Trilateral Commission or sumpin.
Dow and his team would cap the day with a summary report of the market action that, by 1889, had evolved into the Wall Street Journal. Dow was the first editor of the WSJ, using the paper as a vehicle to postulate his economic beliefs, including the aptly named "Dow theory."
http://aycu29.webshots.com/image/32628/2003007754766270378_rs.jpg (http://allyoucanupload.webshots.com/v/2003007754766270378)
Along the way, Dow's writings on understanding market behavior, published in Samuel A. Nelson's 1903 book "The ABC of Stock Speculation", form the basis for what is known as The Dow Theory which is a statistical method for measuring the markets that has since become the Dow Jones average.
http://aycu18.webshots.com/image/34137/2003093958313766000_rs.jpg (http://allyoucanupload.webshots.com/v/2003093958313766000)
Dow died in 1902 and is buried in Providence, RI.
http://aycu26.webshots.com/image/33065/2003026750529529628_rs.jpg (http://allyoucanupload.webshots.com/v/2003026750529529628)
http://aycu30.webshots.com/image/30949/2003065932132605782_rs.jpg (http://allyoucanupload.webshots.com/v/2003065932132605782)