NEW YORK, NY - Alan Abelson, 87, whose son is Justin Abelson, editorial page editor for The Recorder, died Thursday (5-9-13) in Manhattan.
Born Oct. 12, 1925 in Queens, N.Y., to Harry and Vivian (Finkelstein) Abelson, he graduated from Townsend High School and the City College of New York, graduating in 1946 with a degree in chemistry and English. He then went to the University of Iowa and earned a master's degree in creative writing.
It was at the University of Iowa that he met Virginia Eloise Peterson, his future wife.
He returned to New York and first worked as a freelance journalist.
In 1950, he was hired as a copy boy at The New York Journal-American and later was promoted to reporter and then to stock market columnist.
Abelson joined Barron's as a reporter in 1956 and was named managing editor in 1965. He started his column, "Up & Down Wall Street," in 1966. He continued to write his column until shortly before his death. Abelson became Barron's editor in 1981. He held that post until 1992, when Dow Jones & Company, the magazine's owner, asked him to step down from the post.
However, he continued to write his influential column. An essential read for stock market investors and observers of the financial world, Abelson was known for his sharp wit and critical eye when it came to Wall Street and its movers and shakers as well as someone who did not back down from what he wrote or what he thought was right.
He also served as a contributor to television's "News at Sunrise" on NBC from 1982 to 1990.
Abelson received the Loeb Foundation's Lifetime Achievement Award for financial journalism in 1998. The New York Financial Writers Association gave him the Elliot V. Bell Award for outstanding contributions to the profession in 1999.
Despite a public professional life, Abelson was a private individual. He enjoyed good food, good books and the company of dogs. He also was quite proud of his grandchildren.
Abelson was predeceased by his wife, who died in 1999.
Besides his son and his daughter-in-law Deena Ferguson and their children Rob, Evan and Claire, survivors include his daughter, Reed Abelson, a reporter at the New York Times, and her partner Dr. Jaqueline Worth and their children Emily and Kate.
A memorial service will be held at a future date.
The family suggests memorial donations to Guiding Eyes for the Blind, 611 Granite Springs Road, Yorktown Heights, NY 10598.Text
Published in The Recorder on May 13, 2013.