X0201 42004-01-21 0000029924 DOW JONES & CO INC DJ 0001189772 MCPHERSON M PETER 200 LIBERTY STREET NEW YORK NY 10281 1000Stock Option (Right to Buy)52.652004-01-214A012500A2005-01-212014-01-21Common Stock12501250DThis stock option was granted under the Dow Jones 2001 Long-Term Incentive Plan.Mia Israeli**Attorney in Fact2004-01-23