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...field, leave St. Louis with only one other daily newspaper, the thriving morning Globe-Democrat (circ. 282,611). Reported price: between $3,500,000 and $8,000,000. The downtown five-story Star-Times building was not included in the deal; neither was the paper's ABC radio outlet, KXOK, or its FM affiliate. Star-Times Publisher Elzey Roberts had sold out because "material costs have risen faster than the increased revenues necessary to meet them...

Author: /time Magazine | Title: The Press: The P-D Takes Over | 6/25/1951 | See Source »

Some 40,000 Red soldiers launched their attack on a broad front along the Day River, a southern outlet of the big Red River. They stormed French blockhouses, surrounded French outposts. Fearing a major Communist offensive, the French rushed patrols and commando units from other parts of the delta to block the Communists. For 24 hours both sides fought bitterly; then the Communists were driven off. But their tactical plan went on working; next day the French found that, while they were concentrating on the battle, Communist rice-gathering bands had penetrated 20 miles into the delta. The French settled...

Author: /time Magazine | Title: BATTLE OF INDO-CHINA: Objective: Food | 6/11/1951 | See Source »

...hold 9%. CBS, which had also been negotiating to buy ABC, will get something out of the deal, too. It will buy United Paramount's Chicago television station WBKB for $6,000,000, since Paramount is barred by law from owning both WBKB and ABC's Chicago outlet (WENR...

Author: /time Magazine | Title: SHOW BUSINESS: Paramount Makes a Deal | 6/4/1951 | See Source »

Student bookies have replaced organized gamblers as the principal betting outlet for Yale men, a recent Daily News report indicated...

Author: NO WRITER ATTRIBUTED | Title: Money-Hungry Yale Students Now Turn from Books to Bookmaking | 5/17/1951 | See Source »

Spring, to some people, means cocktail parties and dances, the resumption of the fall orgy. Some of the houses still have formal dances on the social calendar, and the Senior's week provides another outlet for male-female brawling...

Author: NO WRITER ATTRIBUTED | Title: Spring . . . A Challenge to the Scholar | 5/4/1951 | See Source »

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