Word: paper
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Dates: during 1960-1969
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...When the paper was sold to Sam Newhouse last year for $50 million, there was worry that Vail's stride would be broken by the press lord's well-known preoccupation with the balance sheet. But that has not happened. Newhouse has appeared at the Plain Dealer only once since he bought it and has not followed his usual practice of holding down editorial staff. He obviously has no fault to find with a paper that has been increasing its circulation about 10,000 a year...
...Plain Dealer has not necessarily been making its gains at the expense of the competition; the Press, too, is gaining circulation, if at a somewhat slower pace. To be sure, the Press is not quite the paper it was under its longtime editor, Louis Seltzer, who retired in 1966. An unabashed sentimentalist where Cleveland was concerned, Seltzer did his best to identify the paper with the town, to such an extent that it often dictated the choice of candidates for public office. That is a role the present management has chosen to forgo. "By playing kingmaker," says Editor Thomas...
...correspondent, Alistair Cooke. "He telephones his copy at the last moment. He says that he will be in Chicago and turns up in Los Angeles. He discards the agreed subject to write about something which has taken his fancy. If all his colleagues were like him, production of this paper would cease." But, the Guardian con ceded, "we think he's worth...
Tougher for Speculators. The welcome calm was fostered both by Viet Nam peace hopes and by the previous weekend's international agreement in Stockholm on the creation of paper gold to bolster the world's monetary system. Three new restrictions imposed by the Bank of England, which regulates British financial dealings, also made trading tougher for speculators. The bank forbade sales of gold for future delivery, barred banks or gold dealers from lending foreign currency to nonresidents to finance gold buying, and even prohibited them from accepting gold as collateral for loans in foreign monies. For their part...
...company's high earnings. But a series of ingenious inventions and industry firsts kept Oscar Mayer in the forefront of the meat-packing industry for decades. In 1929 it was first to break the traditional anonymity of most producers by banding its wieners like cigars with a yellow paper ring. Then it developed an automatic banding machine, automatic linkers and strippers, and in 1950 hit on the idea for vacuum packaging in plastic, which quadrupled the shell life of what were once highly perishable products...