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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000895345-07-000704.txt : 20071219
<SEC-HEADER>0000895345-07-000704.hdr.sgml : 20071219
<ACCEPTANCE-DATETIME>20071217152223
ACCESSION NUMBER:		0000895345-07-000704
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071213
FILED AS OF DATE:		20071217
DATE AS OF CHANGE:		20071217

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOW JONES & CO INC
		CENTRAL INDEX KEY:			0000029924
		STANDARD INDUSTRIAL CLASSIFICATION:	NEWSPAPERS:  PUBLISHING OR PUBLISHING & PRINTING [2711]
		IRS NUMBER:				135034940
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		200 LIBERTY ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281
		BUSINESS PHONE:		2124162000

	MAIL ADDRESS:	
		STREET 1:		200 LIBERTY ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10281

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SAGAN PAUL
		CENTRAL INDEX KEY:			0001035440

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07564
		FILM NUMBER:		071309985

	BUSINESS ADDRESS:	
		STREET 1:		TASHLIK KREUTZER & GOLDWYN P C
		STREET 2:		833 NORTHERN BLVD
		CITY:			GREAT NECK
		STATE:			NY
		ZIP:			11021
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ha4-dowjones_saganex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-12-13</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000029924</issuerCik>
        <issuerName>DOW JONES &amp; CO INC</issuerName>
        <issuerTradingSymbol>DJ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001035440</rptOwnerCik>
            <rptOwnerName>SAGAN PAUL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>DOW JONES &amp; COMPANY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>200 LIBERTY STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10281</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Equivalent Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-12-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>657</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>657</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to the Agreement and Plan of Merger dated as of July 31, 2007, by and among Dow Jones &amp; Company, Inc., News
 Corporation, Ruby Newco LLC and Diamond Merger Sub Corporation, as amended, these stock equivalent units were converted into
 the right to receive $60.00 cash per stock equivalent unit on March 1, 2008.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mia Israeli, Attorney-in-Fact</signatureName>
        <signatureDate>2007-12-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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