OTHER NEWS - May 19, 1995

Newsprint Producer Raises Prices 10%: Champion International Corp.’s move to increase newsprint prices is almost certain to push up operating costs for newspapers already struggling with the impact of earlier price increases. The price increase by the Stamford, Conn.-based firm, the nation’s second-largest newsprint producer after Bowater Inc., will raise the price of the newspaper industry’s most important commodity to about $743.85 per metric ton, up from the current $675 and nearly double the price of early 1994. The increase will take effect Sept. 1, just four months after an industrywide increase of $75 a metric ton took effect.