Jasper County Democrat, Volume 19, Number 65, Rensselaer, Jasper County, 11 November 1916 — REPORTS ON PAPER PRICES [ARTICLE]

REPORTS ON PAPER PRICES

Federal Trade Commission Offers No Remedy for Situation. Washington, D. C., November 3. —ln a statement tonight announcing virtual completion of its investigation of news print paper prices, the federal trade commission declares that during the first half of this year, when prices already were soaring to unprecedented figures, the average cost of producing news print paper in domestic milk was less than $1.65 per pounds, or below the average cost in the past three years. Certain facts developed by the inquiry are made public now, because most of the publishers contracts for paper are about to expire. Contract prices rose this year from less than $2 per 100 to $3 and $3.50, and on current market purchases the publishers have ppid ?7 or more for paper bought in the same way prior to January 1 for between $2 and $3.