Journalist and Publisher
Jones' career in journalism started early. At fifteen, he began to work on the staff of the Jefferson Courier (in Jefferson, Schoharie County, N.Y.) where he was born and raised. At eighteen he bought the paper for $700. In 1885, when he was 24, he sold the Jefferson Courier at a profit of $700 and went to Minneapolis as a reporter on the Minneapolis Journal.
In 1890 he started a market and crop report service for the Journal. Two notable predictions, one of heavy crops in 1900 and one of wheat-rust losses in 1904, gave him a national reputation. In 1901 he founded the Commercial West, a financial and grain news weekly. In 1908 he bought the Minneapolis Journal for $1,200,000 (with only $25,000 in assets of his own.) He remained connected to the Minneapolis Journal for the rest of his life.
He was one of the directors of the Associated Press for a number of years.
Read more about this topic: Herschel V. Jones
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