PAPER CHASE.

Focuses on the formation of monopolies in the newspaper industry in the U.S. Acquisition of the "Louisville Courier-Journal" and the journal "Times" by Gannett Newspapers Inc. for $305 million; Acquisition of newspaper "The Baltimore Sun" and two television stations by Times Mirror Co. for $600 million; Trend among U.S. capitalists to pursue monopoly; Improvement of the stock prices of newspaper publishers; Use of the profits from newspapers with small circulations to buy bigger papers by Gannett.