“Little Old New York” – “to offset the heavy losses…”

New York Daily News, August 1941
By Ed Sullivan:

“Orson Welles and Duke Ellington are collaborating on a jazz epic, with Ellington tunes…
Marshall Field is in the market now for a publishing property, paper or magazine, that makes about $1,000,000 a year… He’d merge it with P.M. to offset the heavy losses of that sheet…”

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