TABLE 46.-Wood pulp: Average foreign unit value of imports from each principal country, by months [Per ton of 2,000 pounds] TABLE 47.-Wood pulp: Average foreign unit value of imports from each principal country relative to average for 1930, by months AVERAGE PRICES OF SALES MADE BY PULP MILLS AND OF PURCHASES BY PAPER MILLS, BY MONTHS Table 48 shows for each month from 1929 to 1931 the average unit prices of the sales by pulp mills to unaffiliated domestic paper mills and of the purchases by paper mills from unaffiliated domestic pulp mills and from foreign sources. As in the case of average unit values of imports, irregular movements occasionally appear in these monthly data, which are presumably to be explained by exceptional conditions as regards the make-up of the sales or the purchases. TABLE 48.-Wood pulp: Average prices of sales made by pulp mills and of purchases by paper mills reporting to the Tariff Commission, by months A. Average for domestic sales to unaffiliated paper mills by pulp mills reporting. TABLE 48.-Wood pulp: Average prices of sales made by pulp mills and of purchases by paper mills reporting to the Tariff Commission, by months-Continued CONTRACT PRICES OF EUROPEAN PULP FOR DELIVERY TO MILLS IN PRINCIPAL CONSUMING REGIONS OF THE UNITED STATES Table 49 shows, by quarters, the average prices fixed in the contracts made by importers of European pulp for sales to mills in the Northeastern States and in the North Central States, these being the two regions into which the great bulk of the European pulp is delivered. The prices are shown for the three kinds of pulp most important in the importations from Europe. All these prices are as of Atlantic ports-that is to say, they do not include interior transportation to the paper mills. The prices of a given kind of pulp contracted for final delivery to the two regions shown should therefore be comparable as regards transportation costs. There may, however, be some differences in the average quality of the pulp, which might account for minor variations in the price relationship. The table shows, for each kind of pulp, prices on contracts for delivery to the two regions approximately similar throughout the period. There is no consistent excess for either region as compared with the other. In the case of unbleached sulphite the maximum difference between the average prices reported was in the fourth quarter of 1929, when the average for pulp intended for delivery to Region I was $53.60 and that for pulp for Region II, $51. During the fourth quarter of 1931 there was a difference in the same direction of $1.80 per ton. On the other hand, during the second and third quarters of 1930 the prices of pulp for Region II were somewhat higher than those for Region I. In the case of bleached sulphite pulp, which is of less importance than unbleached sulphite, the maximum difference in prices for the two regions appeared in the second quarter of 1930 when the average for Region I was $69.20 and for Region II, $62.40. On the other hand, in the last quarter of the same year the relationship was reversed, the average price for Region II being $5.20 higher than for Region I. During most of the quarters covered by the table, the price differences for this kind of pulp were much less marked. Throughout the period from the second quarter of 1929 to the second quarter of 1931, inclusive, prices of European unbleached sulphate pulp for delivery to Region II were lower than those for delivery to Region 1, the maximum difference being in the second quarter of 1930 and amounting to $3.80 per ton. On the other hand, there was practically no difference in average prices for such pulp as between the two regions during the third and fourth quarters of 1931. TABLE 49.-Contract prices of European pulp at Atlantic ports for delivery to Regions I and II 43.60 61.40 31.80 43.80 61.20 32.80 43.00 63.60 31.40 30. 20 31.20 30.40 Includes Maine, New Hampshire, Vermont, Massachusetts, New York, Connecticut, Rhode Island, Pennsylvania, and New Jersey Includes Minnesota, Wisconsin, Michigan, Illinois, Indiana, and Ohio. |