Word: newsprint
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Dates: during 1950-1959
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...month net rose from $10.4 million to $12.2 million, Container Corp.'s from $7,300,000 to $11.2 million. Oils, with their favorable depletion allowance for taxes, were still gaining; Atlantic Refining's nine-month net rose from $27.8 million to $31.9 million. Big price rises in newsprint enabled St. Regis Paper to boost its nine-month net from $7,000,000 to a whopping $12.8 million. Utilities, which have succeeded in getting numerous rate increases, were also gaining: A.T. & T.'s third-quarter net rose from $73.8 million to $79.7 million. And there were comebacks among...
...last week jacked their prices up from 7? to a dime. The city's fifth paper, the tabloid Mirror, jumped from 5? to 7?. Explained Hearst's Examiner: "It costs just three times as much to print and distribute the Examiner today as it did in 1940." Newsprint costs alone had rocketed from...
Like all U.S. dailies, the News is plagued by mounting newsprint prices and production costs. And its newest, breeziest competitor, the three-year-old afternoon tabloid Mirror, is taking more & more of its readers...
...will be brought down to the mines by power launches. With a new mine abuilding in Bay Ste. Elaine, La., Freeport will boost its yearly output well over 2,000,000 tons a year (Texas Gulf Sulphur leads the world with 3,200,000 tons). With the demand for newsprint, fertilizer, rayon and other sulphur-users soaring year by year, Williams and Whitney see no limits to their future markets...
...Freeport's strike was the fact that it will soon put the U.S., supplier of 50% of the world's sulphur, in a position to whip one of the world's most critical shortages. Sulphur, vital to the production of everything from explosives and steel to newsprint and rayon, is as essential to industry as salt is to food. While the U.S. is now producing 6,000,000 tons a year, the world demand is now running 1,000,000 tons a year ahead of the total world supply of 11,700,000 tons. The new source...