Edward Davis Jones (October 7, 1856 – February 16, 1920) was an American

statistician A statistician is a person who works with Theory, theoretical or applied statistics. The profession exists in both the private sector, private and public sectors. It is common to combine statistical knowledge with expertise in other subjects, a ...

and

journalist A journalist is a person who gathers information in the form of text, audio or pictures, processes it into a newsworthy form and disseminates it to the public. This is called journalism. Roles Journalists can work in broadcast, print, advertis ...

. Jones is best known as the "Jones" in the

Dow Jones Industrial Average The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indice ...

and as a co-founder of ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

.''

Early life

Jones was born on October 7, 1856, in

Worcester, Massachusetts Worcester ( , ) is the List of municipalities in Massachusetts, second-most populous city in the U.S. state of Massachusetts and the list of United States cities by population, 113th most populous city in the United States. Named after Worcester ...

. Jones' parents, Reverend John Jones and Clarissa () Jones, were of

Welsh Welsh may refer to: Related to Wales * Welsh, of or about Wales * Welsh language, spoken in Wales * Welsh people, an ethnic group native to Wales Places * Welsh, Arkansas, U.S. * Welsh, Louisiana, U.S. * Welsh, Ohio, U.S. * Welsh Basin, during t ...

descent. Jones graduated from

Worcester Academy Worcester Academy is a co-ed private boarding school in Worcester, Massachusetts serving grades 6-12. It is the oldest school founded in Worcester, Massachusetts, and one of the oldest day-boarding schools in the United States. A coeducation ...

and attended

Brown University Brown University is a Private university, private Ivy League research university in Providence, Rhode Island, United States. It is the List of colonial colleges, seventh-oldest institution of higher education in the US, founded in 1764 as the ' ...

before dropping out in his junior year. After leaving Brown, Jones worked as a reporter for the ''Providence Morning Star'' and ''Evening Press'', where he met

Charles Dow Charles Henry Dow (; November 6, 1851 – December 4, 1902) was an American journalist who co-founded Dow Jones & Company with Edward Jones and Charles Bergstresser. Dow also co-founded ''The Wall Street Journal'', which has become one of th ...

Dow Jones

The company which is famous for the ''

'', ''

'' was founded by Jones and

in 1882 "in the basement of the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

Charles Bergstresser Charles Milford Bergstresser (June 25, 1858 – September 20, 1923) was an American journalist and, with Charles Dow and Edward Jones, one of the founders of Dow Jones & Company at 15 Wall Street in 1882. Early life A native of Berrysburg, Pe ...

was a silent partner. Jones had met Dow while both had worked as fellow reporters in

Providence, Rhode Island Providence () is the List of capitals in the United States, capital and List of municipalities in Rhode Island, most populous city of the U.S. state of Rhode Island. The county seat of Providence County, Rhode Island, Providence County, it is o ...

. he died in New York in 1920 age 63

References

External links

Why not Jones Dow, and going beyond the Dow Dozen: LATimes
1856 births 1920 deaths American businesspeople American people of Welsh descent American statisticians Dow Jones & Company Worcester Academy alumni {{US-journalist-19thC-stub