The Newspaper business in Yankee land.
--The New York
Evening Post, in a recent article on the question of repealing the prohibitory duty on imported paper, makes the following remarks on the great increase in the newspaper business:
‘
The newspapers and other periodicals of our country have increased immensely within the last ten years, and most largely of all since the beginning of the war. Ten years ago the whole amount of business done by the wholesale news agents did not probably exceed in amount the sum of $750,000 yearly.
At present, the cash receipts of the
American News Company, in this city, for the sale of newspapers, magazines, books and stationery, for the eleven months ending with the 31st of December last, have reached the sum of $2,226,372.83. We learn, from the office of that company, that probably forty millions of newspapers were handled within that time by persons in the employ of the company, of whom seventy were constantly occupied in getting them in, charging, distributing and shipping them.
For
wrapping-paper and twine, with which to pack this enormous mass, the company paid twelve thousand dollars.
’