The Press: Paper for Sale

The Los Angeles Daily News (circ. 188,453) was on tne block. As the only Democratic daily among Los Angeles' tive, the News and its advocates have been trying to find a buyer among such political friends as International Teamsters Union Boss Dave Beck. Jimmy Roosevelt, Averell Harriman, New York Post Publisher Dorothy Schiff. But even those who were interested have been scared off by one grim fact: the ailing News is losing an estimated $75,000 or more a month. Last week the News turned up with a buyer who appeared not to be afraid...

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