Salt Lake Herald-Republican | 1916-11-04 | Page 1 | Paper Prices Soar While Production Costs is Decling

Paper Prices Soar While Production Cost Co sl Is Declining Washington ton Nov No 3 In 3 In a statement statement state state- men ment t ton tonight I gh t a announcing n ii ou nc i n g vi virtual rt nat completion of ot Its itA investigation of MOWN print paper prices s the federal trade commission declares that durIng during during dur dur- ing the first half halt of this year e r when prices alread already were vere soaring to unprecedented un un- figures figure tho the average cost of producing news print paper laper in domestic mills mill was less than per hundred pounds or belt below the average cost In the past three years rears The commission announces that before Issuing Its Its- report public hearings bearings will be conducted and manufacturers publishers and others others others oth oth- ers Interested will be given an opportunity op- op opportunity op op- to appear No date Is setI set I for tor tho the hearings heRrings but the report Is 18 ml said to be read ready to send to tho the press In the near future Certain facts developed by the thc In Inquiry inquiry In- In are arc made public now new because I most t of ot the publishers' publishers c contracts for tor paper are arc about to expire Contract prices rose rosc this year ear from less than 2 per por hundred to 3 and and andon andon andon on current market purchases the publishers have paid 7 or more for paper bought In the thc same way prior to January Januar 1 for between 2 and 3 I