OCR Text |
Show NEWS PRINT PRODUCTION. The pape manufacturing industry represents an investment ot about $750,000,000 and employs 120,000 people. . Four tons of coal, wood and chemicals chem-icals come into a paper mill for every ton of finished product sent out. Each ton of paper that is made requires one ton of coal or its fuel equivalent in oil. A cord of wood makes 1,000 pounds pulp. Paper manufacture has a hard problem to keep pace wilh consumption; daily newspapers alone having a circulation of 27,000,000 copies. United States and Canada last year produced- 2,183,000 tons of news print paper, production increasing increas-ing G per cent annually. Print paper production increased last year 185,-000 185,-000 tons over 1918, and new plants this year will add 90,000 tons. New factories building that will come into production in 1922 -wiU add news print at the rate of 1,500 tons daily. |