Pulp and Paper Magazine, Vol. XIII, No. 20, October 15, 1916 / A Semi-Monthly Magazine Devoted to the Science and Practice of the Pulp and Paper Manufacturing Industry with an Up-to-date Review of Conditions in the Allied Trades.

by Various

MARKET VALUES OF PAPER STOCKS.

The present unprecedented situation in the paper industry has fomented considerable speculative enthusiasm in Canadian paper and pulp stocks. Trading in these issues on the Montreal and Toronto stock exchanges has increased very materially, and prices are way up from the low of the year. Canada produces half as much newsprint as the United States, and she is increasing her capacity at a much faster rate than American mills.

The following table shows the extent of the advance this year in a number of prominent pulp and paper stocks listed on the Montreal and Toronto exchanges:

	Present price	Low 1916	Advance
Laurentide Paper	198	176	22
Wayagamack	74	27	47
Riordon Pulp & Paper	99	58	41
Price Brothers	95	60	35
Spanish River com.	15½	3½	12
Spanish pfd.	44	29	15
Toronto Paper	55	42	13

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The Conservation Commission calls the attention of Canada to experiments showing that jack pine is well suited for making kraft paper. It will grow on poor land and is largely used in the West for fuel.

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