NEWSPRINT.

Taranaki Daily News, 2 September 1920, Page 6

NEWSPRINT.

IMPROVEMENT IN SUPPLY. BUT NO RELIEF IN PRICE. Christchurch, August 30 The Lyttelton Times states that the position in New Zealand regardiug newsprint shows every indication of becoming much easier in future in regard to the supplies available, though the price will be very high in comparison with the rates ruling as late as last year. Present advices show that full stocks will be available for New Zealand next year, and that large supplies will be ready very soon this year, and thereafter the Canadian mills expect to be able to send dowi. the full 12,000 tons per annum whHi New Zealand requires. The price, however, will be extremely high—so high that an advance in advertising rates seems almost inevitable, For paper coming from Canada for the next four months the price will be about double that paid last year. This is cheaper than, the price asked for the Scandinavian paper which was on offer in the Dominion earlier in the year, and much cheaper than the lowest price quoted for English newsprint in Australasia.. Seeing that paper last year cost £35 per ton, the newspapers of the Dominion are faced with the prospect of having to find a great deal more revenue next year. - The prices for newsprint ne v t year will not be less than the prices'now quoted, A small quantity of English newsprint has been offered at Aid per lb, and Japanese newsprint can be landed here at 10jd per lb. These prices, which are for shipments during the next few months, may be taken as an indication of the prices that will lutvo to be paid, probably for the next 18 months. There is no relief in sight in jkt matter of price.