The Union times. [volume] (Union, S.C.) 1894-1918, 1916-11-10

| 'SiiaiS WHICH, were purchased at au-
vanced costs were very small factors
in the total cost. Certain economies
were also practiced in the use of ex-
penSive materials.
| 1T is generally claimed in the trade
that costs in the future will increase
particularly on account of the scarcity
of labor cost of bringing logs to the
mills. This is necessarily matter of
prediction concerning which the COM
mission expresses no opinion.
"The quantity of news print paper
produced by domestic manufacturers
in the first half of 1916 was somewhat
greater than in any preceding half
year since the middle of 1913. The in
| crease in production was accomplished
by running mills to full capacity. Re-
Gently most mills have been operated
twentyfour hours per day for six
days per week
Imported Paper.
"The quantity of news print paper
| imported, which came chiefly from
Canada, equalled about one-third Of
the domestic production and showed 4
great increase in the first half oc
|
creased during this period, though the
exports were small compared with i'm
ports. The prices, however, offered by
foreign buyers were high.
"The stocks of news print paper.
| which are very small in comparison
with the production, not only declined
during the first half of 1916, but also
were lower than at any time durin,r
the year 1915.
AS there was large increase in
production and imports, accompanied
by decline in stocks, while there was
only small tonnage exported, it is
evident that there was decided in
crease in consumption during the first
half of 1916.
Increase in Demand.
"An increase in the demand for
news print paper is also indicated by
the f. It that the sworn statement re-
spectlng the circulation of newspapers
made to the Postoffice Department
generally show larger issues by the
leading newspapers, and by the fact
that the number of pages of the larg-
er newspapers have very generally in
|
in advertising and news matter.
| Before the recent price advance.
certain other grades of paper were
showing higher profits per ton than
news print paper and there was
tendency to change from this grade
TO other grades. This movement seems
tss shaye- been checked for the present
| by the high prices of news print pa
per-
Increased Production.
Furthermore, it is stated that be-
fore the end of this year four new
machines, two in this country and two
in Canada, with an aggregate daily
capacity of about 16O tons will begin
operations on news print paper
1T is not intended in this statement
to make any prediction about the fu-
ture course of news print paper prices,
but merely to indicate some impor-
tant facts to those interested in the
buyilng and selling of paper in order
that they may act more adviSedly in
making new contracts. Moreover, the
facts shown here are confined to mat
ters of statistical character and do
not cover other phases of the situa-
ton, including various trade activities
of the news print paper manufactur-
ers, jobbers and newspaper publish
ers. These questions will be a subject
of further consideration by the COM
mission and some of them will be COW
cred by the public hearing which, as
already stated, the commission intends
to hold in the near future"