Bisbee daily review., 1910-06-16
PRINT PAPER STOCK
IS GETTING SCARCE
MAKERS ARE KEEPING DOWN
PRODUCTION TO THE LOWEST
POSSIBLE POINT

WASHINGTON, June l5-rhat the
supply of news print paper in the
American mills has been still further
depleted, since March 80. so that on
April 80 there ives less than i've
days supply on hand. is the purport
of statement made public tonight
by Herbert Knox Smith. commission
Ter of corporations. The last state
ment, that of April 1. showed but
1907 tons on hand: since then there
has been a decrease of 1S47 tons.
The decrease since April 80, 1909. has
been more than $4,000 tons.
The normal consumption per day is
said to be about 1000 tons; the pro
duction capacity about Alps.
Following is the commissioners
statement:
Situation Of news-print paper for
April 1910, as compiled by the
American Paper and Pulp association
and fled with the commissioner or
corporations. show q sharp decline in
production and a further drain upon
stocks. The total supply on hand
April 30. 1910. was only $4,000 tons.
reduction Of 1S47 tons since April
IL. On Arpil so. 1909. the stocks
we're 36,133 tons: and August, they
| we're 36.13s tons, and have been
| steadily decreasing ever since the
| end % last August when they exceed
ed Sc 600 tons. As late as January l.
1910. they were in excess of 10000
tons. This continued decrease has,
as Is well known, been accompanied
by a considerable increase in prices.
This reduction in stocks is the
more significant in view OF the fact
that during the period from January
to April 80. 1909. there was an in
crease from 2O.s76 tons to 50,135
tons. or of 1890 tons. compared with
a decrease Of aver $500 tons for the
corresponding four months of 1910.
"This reduction in stocks is chiefly
ldue to the reduction in output which
fell from S4.219 tons in March, 1910
TO SO. 4S9 tons in April a net decline
,of $3.50 tons. In April. 1903, the pro
ducss~l was S9,47s tons. The Stats
tics for 1910 show a decrease in pro
duct.on in April as compared with
January. of 1000 tons. whereas the
same comparison in 1909 showed an
increase of over 700 tons. The nor
NAL output for the month of April
1910. as compared by the association
/, may be noted, is 96,53S tons; the
actual output, therefore. was only s.
pcr cent. of this normal. The de
crease is chiefly attributed to
strike in one of the large mills; thu
: production at the end of May is salt
10 be close TO normal.
The months shipments were 50,
l33e tons, OF 1S47 tons more than tn
, production. The shipments wer
! however. only 50 per cent. of the es
: timated normal for the month. AM
are considerably less than those TO
preceding months of the current veal
! which have ranged between Se'2e
e ,tons and $500 tons.
J. The stocks on hand as above si'
en- do not include paper stored b
manufacturers at destination for al
e count of specific customers. but n
a amount Of such stoxed stocks az n
Is present time is said TO be negligibi'
x I'm this general connection Il
n really remarkable to note upon no
le narrow a margin Of supply this !
q dustry operates. The average STOCK
held BY manufacturers in the la
year and a half would not exceed
best three weeks consumption, Will
y the manufacturers stocks on Ap'
n 90. 1910. would rot give more than
a. weeks supply. This situation nec'
"a sarily tends toward excessive fuc'
ations in prices"