NEW YORK -- The Guild was asking for a 30-month contract, with a $54.50 across-the-board raise in the first year.
The two sides recessed a 16-hour session early Friday after failing to reach agreement on hours and overtime.
The biggest issue remaining was pay. AP negotiators indicated earlier that AP's final offer would be presented to the Guild no later than Friday.
Associated Press was offering a two-year contract with pay increases ranging from $13 to $24 a week in the first year.
The Guild was asking for a two-year contract, with a $54.50 across-the-board raise in the first year.
Present top scale for newsmen and photographers is $533.50.
AP negotiators have said there will be no contract extension unless there is a 'tentative agreement' on a new contract.
The Guild has not set a strike deadline.