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Reports on budget cuts at the American Forest & Paper Association (AFPA) in the wake of an organizational review. Redundant staff left over from the 1993 merger of the National Forest Products Association with the American Paper Institute; AFPA's 1996 budget; Doubts concerning the AFPA's annual Paper Week in 1997; Feeling among AFPA members that the event has outlived its usefulness.

Reports that Pacific Pipeline filed for Chapter 11 protection with the United States Bankruptcy Court in the Western District of Washington on January 31, 1997. Assets and liabilities; Plans of Pipeline president Vito Perillo; The problems that booksellers had with Pacific Pipeline since the fall of 1995; The major creditors named in the court papers.