A native of Berrysburg, Pennsylvania, Bergstresser was born on June 25, 1858. Bergstresser graduated from Lafayette College, 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 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 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.
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- "C.M. Bergstresser Dies at Age of 65". Wall Street Journal. September 22, 1923. Retrieved 17 December 2010.