The St. Louis morning Globe-Democrat has been wavering along between the red and the black ever since Publisher Samuel I. Newhouse added it to his chain in 1955 for $6,250,000. Up against the city's other —and dominant—newspaper, the profitable, Democratic evening Post-Dispatch, the Republican Globe managed to gain some ground (the Globe's circulation of 332,823 is up 40,000 from 1955; the Post's 380,495 is down 7,000), but it never could spin into the solid black. Last week, while his paper was shut down by an American Newspaper Guild strike, Sam Newhouse made an unusual deal with the rival P-D that...
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