On 27 June 1894, Mudie’s Select Library and W. H. Smith’s, the largest of the private circulating libraries that provided many Victorians with their reading material, issued simultaneous announcements specifying the new terms on which they would buy novels from publishers, beginning in the next calendar year. This change spelled the effective end of the 3-volume system; whereas 112 three-volume works were published in 1894, only two were published in 1897. Image: "Going to Mudie's," London Society v.16, no. 95, Nov. 1869. This image is in the public domain in the United States as its copyright has expired.

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Richard Menke, “The End of the Three-Volume Novel System, 27 June 1894″