Edward Jones (statistician)

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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
DiedFebruary 16, 1920(1920-02-16) (aged 63)
Resting placeHope Cemetery Worcester, Massachusetts, U.S.
EducationBrown University
Occupation(s)Statistician, Journalist

Early life

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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

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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]

References

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  1. ^ Brown Alumni Monthly, Vol. XX, March 1920. Retrieved 10 February 2014
  2. ^ Rhode Island Heritage Hall of Fame. Retrieved 16 March 2020
  3. ^ Conley, Patrick T. (2019). The Leaders of Rhode Island's Golden Age. Charleston, SC: The History Press. p. 81. OCLC 1119106956.
  4. ^ Aaron Donovan (March 31, 2002). "Kindness Repaid, 80 Years Later". The New York Times.
  5. ^ Rosenberg, Jerry Martin (1982). Inside the Wall Street Journal: The History and the Power of Dow Jones & Company and America's Most Influential Newspaper. Macmillan. ISBN 978-0-02-604860-6.
  6. ^ Jennifer Oldham (March 30, 1999). "A History of the Dow". Los Angeles Times.
  7. ^ Alex S. Jones (January 20, 1984). "Dow Jones insures family control". The New York Times.
  8. ^ Julius Westheimer (March 21, 1997). "With blue chips for 101 years, Dow Jones is key market index". Los Angeles Times.
  9. ^ "Riheritagehalloffame.org". www.riheritagehalloffame.org.
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