Special items in the second quarter netted a gain of $32.6 million, or 39 cents per share, and included gains from the sale of Dow Jones' Essex County community newspaper properties.
Advertising linage at the company's flagship publication, The Wall Street Journal, fell 20.8% on a per-issue basis in the second quarter. Dow Jones estimated that advertising linage at The Wall Street Journal would be down 8% to 12% in the third quarter.
Dow Jones' electronic publishing revenues decreased 2.1% in the second quarter to $78.6 million, because of decreases in advertising revenue.
Paid subscribers to The Wall Street Journal Online continued to grow, reaching 646,000 as of June 30.