Indianapolis Times, Indianapolis, Marion County, 6 December 1950 — Page 18

PAGE 18

Publishers Forced fo Make Big ;

(Canada, Canada produced 5,150,

Dips Into Reserve Paper Stock 1000 tons; the U. B. 900,000 tons, : . rtrd tte | 800. the rest of the world vary(Second of a Series). _lingly smaller amounts. -. J

By ALFRED F. CONNORS, United Press Financial Writer | Canada’s share of 1949 producNEW YORK, Dec. 6 — United States newspaper publishers are tion amounted to 56.7 per cent;

survey showed today. (tain, 55 per cent; Finland, 4.2 Demand for newsprint to satisfy a newspaper-hungry. public, and Per cent; Sweden and Russia, 4.0 advertisers who have more messages for consumers than some news- Per cent each; France, 3.4 per) papers can accommodate, has led publishers to dip into reserve cent, and the rest of the world, stocks. terri eae ee 12.3 per cent, : 5 As a result, supplies on hand the entire year) will equal ap-/ Today, U. 8. newgpapers get 80 "or in transit are sufficient to meet proximately 6,280,000 tons, an in- per cent of .their supplies from needs at present consumption crease of 9 per cent over the Canada, 17 per cent from U. 8. rates only for 33 days, the lowest mill capacity of 6,219,000 tonsimills and 3 per cent from Europe. ebb for this time of the year announced earlier in the year by { 8 sources were different in since 1936, and 10 days’ supply the Newsprint Association of 1913 when this country removed. below the end-October average Canada. This -all-time record tariff barriers against Canadian for the last 15 years. production compares with 6,050,- newsprint. In. that year, 85 per The situation now has reached 000 tons in 1949; 5,850,000 in 1948 cont of U. 8. newsprint came a stage, according to William G. and an average of 4.244,000 tons from this country and 15 per cent Chandler, chairman of the Amer- for the period from 1935 to 1939. from Canada. jean Newspaper Publishers Asso-. While production for the first. The United States tariff comciation special newsprint commit- 10 months of this year was up mission in a 1947 report explained tee, where U. 8. newspapers must. .9 per cent over the similar 1949 the shift: “The growth of the instop dipping into their stocks and period, consumption was up 6.5 dustry in Canada is the direct restart catting their consumption. per cent. Through October, U, 8. sult of a plentiful supply of raw This point may be reached early users consumed 4,851,309 tons material, advantageous cost feain 1051, compared with shipments from tures, a close proximity of the! Even with production around Canadian and U. 8, mills of large U. 8, market, and duty free ‘ its present peak levels, he said, 4.746,000 tons. In other words, entry into the United States.” . &? publishers still find themselves they used more than they re- John Hinman, president of Inshort about 1 million tons a year. ceived, making up the deficit by ternational Paper Co. whose subAnd newsprint usage, he esti- dipping into stocks. sidiary Canadian International mated, is increasing at a rate of Where does the newsprint of Paper Co. is the largest individual about 500,000 tons a year. the world come from? Mostly producer, told a congressional! Here is the supply-and-demand from Canada, with the United committee earlier this year that picture: States .in the number two spot, newsprint can also be manufacCombined North American pro- far behind. tured in Alaska, but at the pres-!

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put for the first 10 months over 000 tons last year, according to feasible to do so.

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seinch Ti 98 length :

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