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Show 1 I The Sail Lake Trihtrw, Wednesday, August mavx ! r i i t Newsprint Squeeze Hints Higher Costs - About one oul ot five newspapers had increased their daily price to 15 cents a copy as ol Jan 1. and the trend is a toward price throughout the mdusirv Smith said WASHINGTON The (AP) supplv ol newsprint tor the nation's newspapers is tight and max get tighter . which probably will result in more newspapers and higher advei tising rates in the future according to mdustiv spokesmen Muitliei lactor m restricting the supplv ol new spnnt hus been stukes at Mime papei mills m Canada, when1 new wage conti acts aie being negotiated this yeai Two mills m Quebec b an Intel national Paper Co subsidiary, Canadian international Papei, have been dosed by strikes Tile counties 7hl dath newspapers hae been undei warning lot some lime from Hie Amencan Newspaper Pub lisher s ssn that demand toi newsprint is catching up with supply The present situation is not said Stantoid yet acute. Smith, president of the AN PA The situation is that newspapers cannot get large shipments as fast as they might like to hae them with the exact tlnw specifications would like to gel." he added 1 upei-ale- U S Some Take Steps Smith said he had not heard ol any cases wheie newspapers have missed editions because of a lack of newsprint but added a number of newspapers have taken steps to avoid wasting newsprint But Smith and others ieel the big problem may he ahead. Newsprint mills are already producing at capacity or near capacity in both the Inited States and Canada whde demand from the newspaper industry continues to surge If the economy moves up in 1974 and 1975, there could be a very tight supply situasaid Howard Post a tion. ot Commcict Department specialist for forest products Consumption o.f newsprint is up 5 3 pei cent in North America this year, largely because of increased advertising in newspapers resulting from the cuirent American business boom Lesser Increase However, new spnnt produchas been tion capacity 5 about only pei increasing cent a year in i event years and will increase only about 5 percent between now and 1975. Post said 1 1 He said papoi pioducts m the United Stales and Canada have not been expanding capacity because profits have been so low on new spnnt that new- - investment has not been justified spokesman for International Paper Co of New Yoik. one of the largest producers of new spnnt both in this coon A try and in Canada, said the industry as a whole averaged 4 8 percent profit assets last year on total "We can make more money by putting our money in a savings bank where we get 5 percent interest. the spokesman said Improvised Arsenal Described government's control program has restrained what otherwise would be a good opportunity for newsprint manufacturers to reap greater gam, according to both the Commerce Depart ment and A.MPA wage-pric- e Newsprint is currently selling for $175 a ton Post esti- mates the price would have to increase to between $225 to $250 a ton to provide adequate incentive for new investment I think it is inevitable that the price of newsprint will go up in the future. said Smith He said the rising cost of newsprint would put additional pressure on newspaper prices and advertising rales FLA GAINESVILLE, An FBI informer tes(UP1) tified Tuesday that the Gainesville Eight and their followers plotted to use weapons tanging from slingshots and crossbows to submachine guns and laud mines to disrupt last years GOP national convention William U' Letnmei, a termor Green Beret who infiltrated mendings of the Vietnam Veterans Against the W'ar (VV'AW) spent almost eight hour, on the witness stand and Tuesday telling Monday Ins tale of alleged underground paiannhtaiy mlrigue A long recess was called following conclusion of ms testimony Tuesday to give the de fense tune to over his statements vets the Lemmei saiu planned to use an arsenal of slingshots, bolos. crossbows, homemade bombs, cherry submachine rifles bombs, guns and land mines to cairy out their p'an to disrupt the that nominated convention Piesident Nixon Sht sail Cakf Sribnnr 143 Established issued everv April 1871 15, morning by the 10 subscriptionrates Carrier Delivery Sj 50 mo Doily and Sunday 542 00 year Daily and Sunday By Mail Daily I Sun by carrier) 43 50 mo S2 50 mo Daily only S2 00 mo Sunday only 54 00 mo Doily and Sunday 548 00 year Daily and Sunday All mail subscriptions payable advance The Tribune is a member ot the Associated Press The Asso dated Press is entitled excl usivelv to the use of reproduc tion of all local news prmled in this newspaper as well jS all A P news dispatches Audit Bureau ol i serta fashion rest twin CQ vvr 88 Stoverpedic twin or full size extra firm mattress & box spring. 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Utah All unsolicited articles manuscripts, letters and pic tures sent to The Sal' Lake Tribune are sent at the owners risk and Kearns Tribune Corpo ration assumes no responsibility tor their custody or return Member culotions Reg. $79.95 twin size sets. These posture firm mattresses on heavy coil doundation While 24 sets last only Spring air back supporter the line king set. Reg. $399 . Kearns Tribune Corporation, in spring air Dial 524 2800 South Mom . Salt Lake City, Utah 841 Restrains Industry The newspapers get approx30 percent of their new spnnt trom domestic- producers and the remamdei is imported Mom Canada In to the using demand imports of Canadian newsprint are up about 15 percent so fai this veai Total newsprint consumption during the fust six months of 197.1 is estimated by the American Paper Institute at about 5 3 niilbon tons up from 5 million tons during the same penod last yeai imately 3. X, 1973 3, |