In October 1928, the "News-Miner" cut costs by moving to a new office. This allowed the purchase of a new Linotype machine, and further upgrades were promised when on November 8, 1929, the "News-Miner" was purchased by Austin E. Lathrop, an Alaska industrialist. Though Lathrop promised to inject money into the "News-Miner", his strong Republican leanings opposed those of Nordale, a confirmed Democrat. Nordale resigned in April 1930 and was replaced by Bernard Stone. Stone and Lathrop turned the "News-Miner" profitable before Stone was replaced by Charles R. Settlemier in 1936. In 1935, the "News-Miner" purchased two cylinder presses to replace the old flatbed press still in use. Owing to shipping difficulties, however, the presses and the new crew needed to operate them did not arrive until 1936. By that time, the "News-Miner" was preparing to move into the new Lathrop Building, built by and named after the newspaper's owner.