Business & Finance: Deals: Oct. 7, 1929

Paper. If the army of woodsmen led by mighty Paul Bunyan invaded Canada to chop down 80,000,000 cords of pulpwood, they would take so long that by the time the wood was pressed into pulp and paper new forests would have sprung up. For this reason three Canadian pulp and paper companies which combined last week estimated their 80,000,000-cord reserve as a practically perpetual supply. The companies, long closely affiliated, were Canada Power & Paper Corp. (which recently disposed of Laurentide Power Co. for $10,800,000, and is said to have placed the...

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