The Washington herald., 1921-09-13
NEWSPRINT PRICE,
CUT FINDS AMPLE
STOCKS ON HAND
Consumption Rate About
Same as That of y
Last Year.
GERMANS COMPETE
Shipments Not Large, But
Enough 10 Affect the
Market.

Little surprise was mapif,,,,,
upon announcement Of prIe. .,
newsprint for the last qusr,,- :,
1871 at . cents a pound. or sSe +.
ton a price $50. below that %,
tne hrst quarter OF the va.
canadian manufacturer had ,nu-
mated In a general way ths, a..
price would be around 4 cenu
Canadian production for so,
based primarily on governmep, -,
ports, was figured around IS, so.
tons OF newsDrint, OF which sSz7,.
tons were imported into the Untes
states. Certain paper concerns -
innate Imports for 1870 from c-p.A,
as high as 100000 tons. ca,,.t.-.
OF Canadian mills is figures 49,,
i'obo.ooo tons for the currep, v...
since capacity increase Of sha.,
10000 tons has been added 10 .h,n
ments OF last year.
STOCKS OF newSprint in hand o,
Sishers ,es, or In transit on Ma
80 as compiled from monthly "a.
T oi e64 firms to the Feders,
,a commission. showed 2ITztI
, ,S or - days supply. On June
July !. - days supply on -.
], 1920. stocks in hands ~
fishers or in transit amounted -,
days supply There was
crease Of 1850 tons in hand, =, t1,
publishers, reporting in JuIv rSs,
approximately rs per cent on s,,.i.
were In hands OF 81 pu5lisher, ts
July. Consumption OF .t.,.I..,
news by metropolitan daII,es -.
about the same for July, 1921 a.
for July, 1920.
Publishers' stock Larger.
March. 1920, found stocks .,
he"sprint In the publishers ban6s
AZ low hgure. about 30 DAYS sun
ply. Frightened by predicted bi1b
prices publishers bought yfgo,-
ousiy In a rising market, ana bv
January Of the current year found
themselves with almost 50 per cent
ceding spring.
tween 10 per cent and - me- -,
from the corresponding psrj,.s -
1920. In April advertising We.
umRted OF IL per cent IN Ne
per cent, and in July l2IL n.r =.
shipments OF newsprint fro,, c.
many and Scandinavia are ipnn,-
tant, since a small quantity OF nsner
brought in can materially veal
the spot market. il conditions .re
favorable. In the twelve nontbs
from July. 1920, TO June Of this
year, hgures based on government
reports show that Canada sent TO the
United States some s5S,22S tons 81
newsprint, Germany sent s7.sos tons
sweden 26.6OO tons, Norway 1857
Finland 1I,765 tons. Adding thar
from the smaller countries OF Fu-
rope. the total figures 75T.oso tons
Of which 5000 tons came from
sources outside Of Canada
European Capacity Increased.
In certain quarters Il is estimated
that newsprint has been coming in
from Germany and Scandinavian
countries at the rate Of II. 900 tons a
month since September, 1920. This
could be possible, as amounts sent
to warehouses do not show on books
OF customs service until withdrawn
for the trade. Estimates show that
the above European countries In
creased their newsprint capacity
about $4,000 tons since the war
bringing the present capacity up 20
about 1000. 900 tons a year
u. S. Federal Trade Commission
reported newswprint production bv
American mills in 1920 at 1.5ll.SCs
tons, an increase Of 10 per cent over
1919. Standard news production in
1890 amounted TO l.3SO.23s tons. in
crease Of IL per cent over 1919.