SAN FRANCISCO -- The financially troubled San Francisco Progress newspaper has shut down, failing to print its Friday morning edition, because it was unable to meet its payroll and pay more than $100,000 in back wages.
Peter Rentschler, vice president of operations, called the closure - the first ever by the 65-year-old newspaper -- 'temporary.'
According to Morris Goldman, an officer of one of five unions representing 200 of the paper's employees, the Progress was considering filing for bankruptcy protection.
The Progress, which publishes three times a week, normally goes to press Thursday night to print a Friday morning edition. But its employees were sent home Thursday at 2 p.m.
Rentschler said the paper did not have the money to meet Thursday's payroll and fullfill a promise to pay more than $100,000 in back wages.
The rival San Francisco Independent, a weekly tabloid with a circulation of 80,000 in the Sunset and Richmond districts, moved up its plans to start publishing as a full-size citywide newspaper with a circulation of 200,000.
It will start its expansion Wednesday. It was originally planning the startup in January.
The Progress has a circulation of 164,000.