I think it's called a penny dreadful. There was an ebay book seller who had a very similar one for sale about a year ago. It was part of a lot that included an 1895 Boston latin school team photo. From what I recall, there were 2 of them being offered with the lot and at least 1 had a similar poem. One of the images looked like the Peck and Snyder caricature.
Here's a link to a much later version of these items. I can't talk to the value but I'm having a heck of a time finding any information on the web.
http://www.liveauctioneers.com/item/4965580