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Barron’s founder on turning conversations to investing 

Clarence Barron

Kenneth Pringle of Barron’s writes about its founder, Clarence Barron, on the publication’s a hundredth anniversary.

Pringle writes, “He was a sophisticated man in fast-changing instances. Born in Boston in 1855, Clarence Walker Barron gained awards for college essays and wrote for newspapers as a teen. He was the Boston Night Transcript’s monetary editor when, in 1887, he based the Boston Information Bureau, sending monetary information by messenger for a greenback a day.

“After a 12 months managing The Wall Road Journal, Barron purchased Dow Jones in 1902 for $130,000 (about $4 million at present). On his watch, the Journal’s circulation grew from 7,000 to greater than 40,000; Barron’s reached 30,000 by 1927.

“Barron grew rich, with a major residence on Beacon Road and a summer season house in Cohasset, Mass., that bought for $27 million in 2010. He moved in the identical social circles because the wealthy and highly effective he coated, and conversations inevitably turned to investing.”

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