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Amsterdam News

A $10 Investment 95 years ago turned the Amsterdam News into one of New York's largest and most influential Black-owned and operated business institutions.<br> On December 4, 1909, the late James H. Anderson put out the first issue of the Amsterdam News. He had $10 in his pocket, six sheets of paper, a lead pencil and a dressmaker's table.<br> The newspaper was one of only 50 Black papers in the United States at that time, and it was sold for 2 cents a copy from Anderson's home at 132 W. 65th St., in the San Juan Hill section of Manhattan. With the spread of Blacks to Harlem and the growing success of the paper, Anderson moved the Amsterdam News uptown to 17 W. 135th St. in 1910. In 1916, it moved to 2293 Seventh Ave., and in 1938, it moved again, to 2271 Seventh Ave. In the early 1940s, the paper relocated to its present address at 2340 Eighth Ave.

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