INDUSTRY: Expensive Appetite

In Chicago, Daily News Editor-Publisher James S. Knight yelped: "Gouge!" In Quebec City, Emile Castonguay, Canadian Daily Newspaper Publishers' Association president, snapped: "No justification!" The outcry on both sides of the border was caused by the fact that Canada's St. Lawrence Corporation, Ltd. had increased newsprint prices $5 a ton, topping (by $2) the alltime high of $130 charged after World War I. Other Canadian newsprint mills were expected to follow suit, as they have in the past.

U.S. publishers, who spend nearly 80% of their newsprint budgets in Canada, protested that the boost will add $32 million a year to...

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