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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 23, 1982
Page
6
In response to weak demand and high stockpiles, U S and Canadian newsprint makers scrapped a 5 percent price rise for U S buyers after delaying it from March 1 to later dates. Western Canada firms largely sold at 500 dollars per metric ton as market pressures mounted.
Western Canada pricing moves are halted as Eastern producers and suppliers including Consolidated-Bathurst Reed Wood Pulp CIP and Abitibi Price announce cancellations or postponements. Great Lakes Forest Products and Gannett suppliers report halted increases with mixed regional adjustments. Kimberly Clark defers a 5 percent rise until further notice while Boise Cascade maintains at 500 dollars per metric ton, except in the US south where 495.
Miami faces 160000 Cuban and Haitian refugees from 1980s influx. A Florida International University study says the refugees may cost Florida 130 million in public services but could boost the economy by 1990 as many arrive entrepreneurial. The report notes that most Mariel refugees faced high early murder rates but later success.
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