New Orleans’ Times-Picayune newspaper is celebrating 175 years. I learned today that the name “Picayune” comes from a Spanish coin that was in circulation the year the paper was founded.
A picayune was worth 6 ¼ cents, or a quarter of a quarter. At that street price, it undersold the other papers, which cost a dime.
Here’s the article: 1837: New Orleans’ Times-Picayune has its roots in a newspaper-loving town