Indianapolis Times, Indianapolis, Marion County, 4 December 1950 — Page 9

sblishers Fac

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By ALFRED F. CONNORS, United Press NEW YORK, Dec. 4—Newsprint price. p the highest level since 1921 to t nother increase is in the offing. The $106 price, more than double

ocks.

$1068 a ton and publishers fear

where about 80 per Financial Writer

advanced this month{ three dispatches

blisk Thieat Of Dwindling P . Since 1921 With Another Hike in Offing

5 ' cent of the United ¥ from, recently imcreased the price from $100 to $106 per ton. Further. increases appear to be coming, This is the first of

examining the demand, supply and likely future developments.

increase “deliberate iconscious parallelism.”

and

newsprint situation—-prices, {the Newsprint Association of Can-

ada, however, said this uniform-

the $50 at which newsprint | In the last 15 years. pld as recently as 1942, added to the difficulties of newspaper ublishers who are also worried about steadily dwindling newsprint (tion, approximately 5,000,000 tons

Supplies on hand and in transit! of October,

pwest for this time of the year which was nee 1946. Publishers at the end the average

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At the current rate of consump- of the companies was $10 a ton, Pelilive” the industry Is.

now,

{Round Table Discussion Jil 4 % Re

icrossing Prospect St.

etor, Albert B. Follis, 1240 Eng-

‘ed it was empty.

originally sought by a majority '¥ [8 S181 Of “how very com.

Should producers in 1951 ask an it showed vigorous competition

: 'a. year, the price rise, which was additional increase of $4 to re. Decause an individual cannot sell re ,{$6 or six per cent of the $100 level ¥ Be ning tate ar had prévailed since Septem- {amount they had first sought and 3ud stl Neep Sustmens' good 10 day's supply under ber, 1948, will cost U. 8. publishers {the amount for which they settled, " for the end of October $35,400,000 a year, The increase'the bill will go up another $25,-

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cover the difference between the [°F more than his competitors

“So he is forced down to the 500,000. price level in this kind of marCranston Williams, general man- ket,” Mr. Fowler said. ager of the American Newspaper, At $106 a ton, newsprint prices Publishers association, called the are now at their highest level proposed rise “precipitate, exces- since the 1921 level of $130. In sive, unwarranted and ill-timed.”| April, 1921, prices began a slow He said “there is a limit to the recession to a low of $39 a ton in

and stay in business.” ! William G. Chandler, chairman of the ANPA special newsprint committee, said: the move ¢an

tempt was made to Increase prices by $6 a fon In the beginining of 1933 but this new level i < h nl resuit— crease Was abandoned soon afterward ioe Feat] aj) Increase and the price held at $40 until a have advertising rates lagged be-| $1 increase was made in 1936. It hind commodity prices in the has advanced gradually since postwar rise, he commented, but then to its current level. increases in circulations since the; From 1938 through the beginend of the war have more than ning of 1943, newsprint sold for offset what advertising rate!$50 a ton. In 1943, it rose first | boosts have been made. [to $54 and then to $58. In 1945, The average daily circulation it reached $62. Six increases in of newspapers (morning and eve- 1946 raised it to $84, and two in ning) has climbed fram about 40 1647 to $90. It was boosted to! million in 1839 to about 53 million’ ¢4 0 in 1948. All these prices are

In Washington, Rep. Emanuel °" the basis of New York de-| Celler (D. N. Y.) found the lVery. : unanimity of Canadian manufac-! Newsprint sold for $52 in 1892 turers in the price change a “clear| Put had dropped to $36 in 1899. violation of the anti-trust laws,”|It held in the $40 zoné until World He. charged that “the evidence War I started further increases. of uniform pricing practices, his-| (Tomorrow — Newsprint detoric in the industry, shows that, mand exceeds supply.)

Minister Faces Traffic Charge

2 Groups fo Hear Psychologist Talk

Dr. James C. Moloney of Detroit will be the gues: speaker for the meeting of the Marion!

Wife Injured in Crash county chapter of the Indiana Mental Hygiene Society in “the

Into Police Vehicle Nena! ; ; . A minister will face trial, ' Memorial auditorium. at 7 Wednesday night on a charge of | F" hin Sn In i reckless driving, following an ac-| ew tel about the porns an cident involving a police car Tasti De 8 Unique h Sepiial program night. His wife was injured in| aso will show a movie. : the crash, A Wayne University psychology The Rev. Carroll J. Rockey, professor, Dr. Moloney will ex-| pastor of the Bethany United Lu- plain his thesis that the “spoiled teran Church, said he was return- child” and its neurotic independing from making sick calls when ence stems from an early lack of | his car was struck by the squad confidence in the mother. f car at Prospect St. and Keystone] A former commander in the) Ave, Navy, Dr. Moloney is the author] The minister said the police car|of books and articles dealing with was traveling at high speed but {child development. was not sounding its siren. He/ This afternoon Dr. Moloney said he saw the red light on the also will address psychology |

police car too late to avoid theistudents at Butler University. accident. He was charged with ———

failing to stop at the blinker- LOOT WITH A BITE i marked intersection. PHILADELPHIA, Dec. 4 (UP) | His ie Theresa, is in the St.| _qnjeves broke into the reptile Francis Hospital with a back house of the Philadelphia Zoo and |

injury. {stole a 4-foot python, a 3-foot hoa The Rev. Mr. Rockey and the «hat can bite like all fury” and

two police officers received minor oq nonpoisonous snakes. No trace injuries. The police car was driven | ¢ the reptiles had been found by by Russell L. Spurlin of 1615 Col- this morning, zoo officials said. |

lege Ave. He was accompanied snakes we ring the by Robert Rowe of 2445 Walker wc, ookes Were taken during the. St. : -

The Rev. Mr. Rockey said he|

stopped for a half minute before! * 2 To-night 8

Because of Acid Indigestion? |

Officer Rowe said the police car was making a routine check of the area and did not have its siren or red blinker light on until] after the accident. He pointed out! that the pastor is not charged with failure to give right of way to an emergency vehicle. |

Bandits Rob 2 Food Markets

Armed bandits netted $57 in the holdup of two food markets last night, and a police car was| damaged while chasing. a get-! away car. | Fy i ; Melvin Carpenter, operator of Do you toss and turn after you go to bed you h hard t ing to sleep? a grocery at Belmont and W. ji J0F qGnith ls churning up too much New York Sts, reported an acid, that's what's apt to happen. Tr armed man robbed him of 315 tating Lor 2 Tums before you go to bed.

and fléd in a car. | See if you don't sleep better, wake up re-

- | freshed. Keep T handy to counterA few minutes later Patrolman | yer sour soonch pi 2 th rr

Oscar B. Donahue, 3011 Martin-| Millionsof Americansdo.Getarolltoday. | dale Ave., crashed into a parked! : automobile owned by Charles, Tingle of 27 N. Richland St. at Richland and W. Market Sts.

EWApEInt 1a GABAA, (newsprint fiices. He called th : ews ces.” e ca @ i States’ Y COMES ,rice

Robert M. Fowler, president of’

amount a newspaper can pay out the second half of 1932. An at-|

per Stock, Price Rise] snus suet ums: 990 10 525 omar mov

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The policeman said he was pursuing what he thought was the; - bandit car. The speeding car did’ not stop. : : ~—-Another food -market properi-

lish Ave., reported he was held up and robbed of $42 by a shabbily dressed, armed man. He said the robber took the money from the cash register but allowed him to keep his wallet when he plead-

GOP Club Plans Dinner,

RELIEVES PAIN OF | HEADACHE - NEURALGIA ERE rd

Marion County Colored Womens Republican Club will hold a vietory dinner at 7:30 p. m. Thursday at Phyllis Wheatley YWCA, 653 N. West St, Hi An analysis of the vote in the recent election will be the feature of a round table discussion. . . Mrs. Fannie D. Posey, presi: dent, announced committee chairmen as follows: ~ Mrs, Louise Brannon, Mrs. Hazel Edwards, Mrs. Allie West, Mrs. Jennie Marshall, Mrs. Lucile Cole and Mrs. Priscilla Dean Lewis.

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