From industry to orange groves, practically everything thrives in the skillet-shaped San Fernando Valley. Out of every 100 people who went to Los Angeles in the '50s, 80 settled in the Valley, and today it is growing faster than any major U.S. city. Average family income is $9,300; retail sales last year ran better than $1.6 billion. Even the lackluster San Fernando Valley Times managed to make a little money, and when John Cowles, president of the Minneapolis Star and Tribune, put up about $3,000,000 to buy the little daily in 1960,...
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