The Press: New York, May 24 (UPI)

In wire rooms from San Diego to Karachi, the teletypes of the United Press and International News Service clattered out their biggest news of the day: "The United Press Associations and International News Service joined forces today around the world in the creation of a single news agency named 'United Press International.' "

For both services, the merger made solid sense. Founded in 1907 by E. W. ("Damned Old Crank") Scripps, the bustling, colorful U.P. last year grossed $28.8 million, but its profit margins have always been as thin as newsprint. With the merger, the U.P. eliminated a pesky competitor, increased its...

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