Word: newsprint
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Dates: during 1930-1939
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...Montreal last week the fate of Canada's venerable Price Brothers & Co., Ltd. (newsprint) was finally settled. Suffering from the gutted newsprint market, Price Brothers defaulted on its bonds more than a year ago. Britain's potent publisher, Canadian-born Lord Beaverbrook, whose papers used Price newsprint and whose brother Allan Anderson Aitken was a director, tried his hand at reorganization but was blocked by the bondholders. Last April Price slipped into receivership. Other interests including Duke-Price Power (Aluminum Co. of America affiliate) wangled for control. Last week the bondholders committee sold Price Brothers to 55-year...
They had Arthur Brisbane's consent and blessings to use the title "Today." (They had considered "Looking Forward" and "These Times." Wags had suggested "Asterisks" and "Moley, Just Moley.") The magazine would be 24 pages, printed on newsprint, without a cover. Price: 5? the copy. First print order: 100,000 copies or more. Advertising ("You bet your life we want it!") would not be declined but it was planned to break even on circulation income, with American News Co. and the national Democratic machine as salesmen...
Chemist Charles Holmes Herty has been talking for several years about making fine white newsprint paper from young slashpine, of which Southern States have 10,000,000 acres. The Chemical Foundation, which he helped establish, gave him $50,000 to carry out his idea. Georgia, where he was born, has given him $40,000, promised $60,000 more. Last week Chemist Herty produced the first significant run of pine paper at his experimental plant in Savannah. The quantity was sufficient for one edition of an average country weekly newspaper...
...section of the American Chemical Society. There he sped to exclaim: "Perhaps the most sensational fact about this new product is its strength and light weight. It has a burst strength of 10 to 12 lb. per sq. in., compared with only 6 to 10 lb. for the standard newsprint. It is a 30-lb. paper, while the standard is 32. This means that newspapers, if able to buy it, would receive 6.66% more sheets per ton and their mailing costs by weight would be 6.66% less...
...world of reforestation and economic possibilities are suggested by this new paper. In the economic background is the fact that two-thirds of American newsprint now is imported. Spruce pulpwood costs $9 to $10 a ton. Pine in the South sells for $3.50. . . . Most of the sulphur used in papermaking is hauled from Louisiana to Canada, right through the South. Much of the clay for filler for book paper in America is produced by the three Georgia counties, Washington, Bibb and Wilkinson. It is now shipped Ions distances. In Georgia it almost literally clings to the roots of pine that...