Edward Jones (statistician)

Not to be confused with Edward D. Jones of Edward Jones Investments.

Edward Davis Jones (October 7, 1856 – February 16, 1920)^[1] was an American statistician and journalist.^[2] Jones is best known as the "Jones" in the Dow Jones Industrial Average and as a co-founder of The Wall Street Journal.

Edward Davis Jones
Born	(1856-10-07)October 7, 1856 Worcester, Massachusetts, U.S.
Died	February 16, 1920(1920-02-16) (aged 63) New York City, U.S.
Resting place	Hope Cemetery Worcester, Massachusetts, U.S.
Education	Brown University
Occupation(s)	Statistician, Journalist

Early life

Jones was born on October 7, 1856, in Worcester, Massachusetts. Jones' parents, Reverend John Jones and Clarissa (née Day) Jones, were of Welsh descent.^[3] Jones graduated from Worcester Academy and attended Brown University before dropping out in his junior year.^[4][5] After leaving Brown, Jones worked as a reporter for the Providence Morning Star and Evening Press, where he met Charles Dow.

Dow Jones

Main article: Dow Jones & Company

The company which is famous for the Dow Jones Industrial Average, The Wall Street Journal was founded by Jones and Charles Dow in 1882^[6] "in the basement of the New York Stock Exchange";^[7][8] Charles Bergstresser was a silent partner.

Jones had met Dow while both had worked as fellow reporters in Providence, Rhode Island.^[9] He died in New York in 1920 at the age of 63.