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Single copies of that first issue cost $1 at a time when the Sunday New York Times was only 5c. [3] At a time when business publications were little more than numbers and statistics printed in black and white, Fortune was an oversized 11"x14", using creamy heavy paper, and great art on a cover printed by a special process. Fortune was also noted for its photography, featuring the work of Margaret Bourke White and others. Walker Evans served as its photography editor from 19451965. An urban legend says that art director T M Clelland mocked up the cover of the first issue with the $1 price because nobody had yet decided how much to charge; the magazine was printed before anyone realized it, and when people saw it for sale, they thought that the magazine must really have worthwhile content. In fact, there were 30,000 subscribers who'd already signed up to receive that initial 184-page issue. Economic and social influence aside, Fortune magazine's creative staff set a trend in magazine and editorial design, from page layout to usage of photography, illustration and typography which is still in use widely today.
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