Charles Milford Bergstresser (1858–1923) was an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 journalist

Journalist

A journalist collects and distributes news and other information. A journalist's work is referred to as journalism.A reporter is a type of journalist who researchs, writes, and reports on information to be presented in mass media, including print media , electronic media , and digital media A...

 and, with Charles Dow

Charles Dow

Charles Henry Dow was an American journalist who co-founded Dow Jones & Company with Edward Jones and Charles Bergstresser....

 and Edward Jones

Edward Jones (statistician)

Edward Davis Jones was a U.S. statistician, mostly known for being the "Jones" in the Dow Jones Industrial Average.A graduate of Worcester Academy in Worcester, MA, he co-founded the Dow Jones & Company in 1882 along with Charles Dow and Charles Bergstresser.He was not associated with Edward Jones...

, one of the founders of Dow Jones & Company

Dow Jones & Company

Dow Jones & Company is an American publishing and financial information firm.The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company was in recent years publicly traded but privately...

 at 15 Wall Street

Wall Street

Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

 in 1882.

A native of Berrysburg, Pennsylvania

Berrysburg, Pennsylvania

Berrysburg is a borough in Dauphin County, Pennsylvania, United States. The population was 354 at the 2000 census. It is part of the Harrisburg–Carlisle Metropolitan Statistical Area.-History:...

, Bergstresser was born on June 25, 1858. Bergstresser graduated from Lafayette College

Lafayette College

Lafayette College is a private coeducational liberal arts and engineering college located in Easton, Pennsylvania, USA. The school, founded in 1826 by James Madison Porter,son of General Andrew Porter of Norristown and citizens of Easton, first began holding classes in 1832...

, where he took a scientific course and Latin, in 1881. 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

Stylus

A stylus is a writing utensil, or a small tool for some other form of marking or shaping, for example in pottery. The word is also used for a computer accessory . It usually refers to a narrow elongated staff, similar to a modern ballpoint pen. Many styli are heavily curved to be held more easily...

 that he had invented which would allow information to be inscribed in 35 bulletins at once. 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. Although he was the chief financier of the fledgling company, Bergstresser chose to be a silent partner

Silent partner

Silent partner may refer to:*An anonymous member of a business partnership, or one uninvolved in management*The Silent Partner, the name of several films*Silent partner , a piece of climbing equipment...

 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. It was he who came up with the name The Wall Street Journal

The Wall Street Journal

The Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....

.

He retired as a journalist in 1903. He died on Thursday, September 20, 1923.