Word: newsprint
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...only a small part of Marshall Field's big plans for the Sun-Times. Months ago wreckers started clearing a site on the Chicago River's north bank near Wabash Avenue. There Field will put up a $9 million newspaper plant, with a waterside dock for unloading newsprint and fast four-color presses that can turn out 112 tabloid pages...
...Argentina signed with Czechoslovakia to trade $32 million in corn, hides and meat for a like amount in steel, machine tools and newsprint...
...editor of the monarchist paper ABC, one of the biggest dailies in the country (circ. 90,000), was removed by the government for publishing "news and editorials contrary to official policy." A fortnight ago Franco's Falange party struck at ABC again by drastically cutting its newsprint quota, after the paper neglected to print a "required" editorial praising government candidates for public office. So strong is government censorship that neither the actions against ABC nor the proposed new press law have been reported in the country. When the New York Times's international edition carried a full story...
Last week Jacksonians, smarting under the Hedermans' new monopoly, took drastic action to end it. They banded together and raised $830,000 to launch a new daily, the State Times, in February. Its 672 owner-stockholders started to build a brand-new plant; they lined up newsprint and ordered $300,000 worth of linotypes, printing presses and teletypesetting equipment. They also have recruited more than a dozen staffers from the Hederman papers, hired as editor Norman Bradley, 41, who for the past seven years has been an editor of the Chattanooga Times, Southern cousin of the New York Times...
While hedging his bets with diversification, Sir Eric is still bullish on newsprint. In this generation, says he, "three great areas will open up-South America, India and Southeast Asia and China." In Britain itself, where newsprint is still rationed, Sir Eric thinks that demand would soar from 800,000 tons to 2,500,000 tons a year if the papers were to expand to their prewar size. And he is so enthusiastic about U.S. prospects that last week he announced a third paper machine will be added to the Calhoun plant, making it the biggest newsprint mill...