問題詳情
Charles Henry Dow was the son of a farmer and a man of little education. He and Edward Davis Jones were news reporters from Rhode Island,who made their way to New York City in 1879 with two interests: news and finance. The logical place for them to go was Wall Street, which wasand is the heart of New York’s financial district, and the best job for them to pursue was reporting financial news. By 1882, they teamed with theirfellow reporter, Charles Bergstresser, to begin Dow, Jones & Co., which published handwritten financial news bulletins from a small office locatedbeneath a candy store on Wall Street. Within a year, they were publishing the Customer’s Afternoon Newsletter with an article called “MorningGossip,” which revealed the word on the street about the financial world. From these simple beginnings, one of the world’s leading financialnewspapers, The Wall Street Journal, would rise. On July 8, 1889, The Wall Street Journal hit the newsstands of New York City. Dow, Jones, and Bergstresser were committed to givingunbiased financial news, and they soon became a trusted source of financial information. It was common practice at the time for companies to bribereporters with stock or stock market tips in order to entice the reporters into describing the company’s prospects favorably, which would have apositive influence on stock values. Dow, Jones & Co., however, would not be bought. The Wall Street Journal was quickly recognized for itsintegrity as it promised to be unbiased and published the names of companies that were not upfront about their profits and losses. As a leading financial newspaper, The Wall Street Journal was mainly concerned with the stock market. As such, Dow developed several stockmarket indices, the most famous of which is the Dow Jones Industrial Average (DJIA). Originally, the DJIA was calculated each day as an averageof 12 companies’ closing stock prices; all of these companies were industrial. Today, the index is figured using closing stock prices of 30 companiesand many of these are not industrial. The DJIA was first published in The Wall Street Journal in 1896 and is now one of the most influential andhighly relied upon stock market indices. Similarly, The Wall Street Journal has become not only a national newspaper with regional editionsavailable, but also one of the most trusted financial newspapers in the world.
【題組】44. Which of the following statements is NOT true of Charles Dow?
(A) He had minimal education.
(B) He came from New York City.
(C) He had a working-class background.
(D) He designed and produced some stock market indices.
參考答案
答案:B
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【咖啡】評論
(A) He had minimal education.第一段第一句:Charles Henry Dow was the son of a farmer and a man of little education.(B) He came from New York City.第一段第二句:He and Edward Davis Jones were news reporters from Rhode Island, who made their way to New York City in 1879 with two interests: news and finance.可得知他是從Rhode Island來,並搬到紐約去。(C) He had a working-class background.第一段第一句:Charles Henry Dow was the son of a farmer and a man of little education.(D) He designed and produced some stock market indices.第三段第二句:As such, Dow developed several stock market indices, the most famous of which is the Dow Jones Industrial Average (DJIA).