Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-10-09
RUINOISIH CHEAP NEWSPAPER
RATES

NEW YORK. Sept 23.-The journalistic
sensation of the week in this city is the
sudden and unexpected drop of the New
Yerk Tunes from a 4 cent to cent
paper. The previous Wholesale price Of
the Times to the trade was IS per 100
copies. The new price is $l.5O. This
immense reduction has produced some
thing like panic in all the daily news
paper offices. One journalist described
the effect as probably obliterating one
third TO one half the value of New York
newspaper property. He said that George
Jones had thrown rock through the
plate glass window of every daily in the
city. The final effect cannot be seen,
but il ia easy to see that a veritable
struggle for existence will now begin in
dead earnest, and the weaker papers
will inevitably go to the wall. All fur
Their attempts at making first class news
journals will be gradually abandoned of
necessity. The average daily receipts
of the Times on its circulation have
been 81 ,050 per day. At the new rate it
will realize only 1876 per day. or a loss
of Slt4.: }25 per year. The Publisher of
the T.Dles says he can afford TO do it,
and it is understood that the circulation
Yesterday 1t sold between 70,uOO and sO,-
600 copies. He thinks it will go above
10000 before the end of the month.
But the Times does not expect to have
the cheap field all to itself for any
length of time. Already the Tribune
has dropped from 4 to 3 cents, and 1t
NAV any dav reduce to cents. Mr..
Bennett, of the Herald. is watching the
a 80 h. Oil %
ton, and he is undoubtedly losing thou
sands of copies every day thus far. The
belief is that before long he will be i'm
PEELED to announce cents as the retail
price of the Herald. Should he do so he
will lose cent a copy, representing a
loss exceeding $1,000 a day. The adver-
tising patronage of the Herdtd obliges
him to print supplements continually,
and the receipts at and cents copy
would scarcely pay for the white paper,
hence the larger the circulation the
more money he would lose. But the Sun
is placed in as dlsagreeable position
as the Herald. That paper is barely
half the size of the Times. and it charges
cents. The eight page Times at cents
is cutting the ground from under the
feet of its little 2 cent competitor. Mr.
Ddnd Will DC ODiiSou citucE 70 IcOuoc
the price of his San to cent, and fight
for existence with the Truth, the Jour
nat, and the Ne,cs, all l centers, or en-
large his sheet to practically double its
present size, and double his expenses al
the same time. Mr.. Jones has put his
rival on the sharp horns of a dilemma
As TO the 2 cent World, its furthei
growth has been stopped, and portion
of its recently acquired circulation will
have to be surrendered back to the pa
pers from which it was distracted. The
final upshot of the cut will be that sew
sral of the present New York dailies will
suspend or consolidate, and the survi
vors will be damaged pretty seriously BY
the enormous reduction in price. and al
the same time the reading public viii
not be gamers in proportion to the re-
duction in price, because they will bt
furnished with an inferior class OF
newspapers as compared with what they
have heretofore enjoyed.