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Focuses on the business prospects of paper companies. Earning rating hike by Merrill Lynch for paper firms; Price rise of paper and pulp; Concern of investors; Speculation about the business of paper firms in the 1995 first quarter.

Discusses the financial sales of companies in the copier paper industry in the United States. Earnings outlook of Union Camp Corp.; Financial strategy of Boise Cascade Corp.; Views on the quality of paper.

Reports on the continued earnings decline for several North American paper producers in the second quarter of 1996. Reduction in product prices; Gains of paper makers that are net purchasers of wastepaper and pulp; Ford Howard Corp.; Caraustar Industries Inc.; Boise Cascade; Champion International Corp.; Georgia-Pacific Corp.; International Paper Co.; Stone Container; Weyerhaeuser Co.

Reports that paper companies in the United States are expected to post earnings increases for the 1998 second-quarter, in spite of the effects of the Asian economic crisis. Decline of demand for paper products in Asia; Comments from William C. Summers, a spokesman for Union Camp Corporation, a paper and packaging company; Earnings expected to be posted by Consolidated Papers Incorporated, Champion International Corporation, International Paper Company and others.

Reports on the investigation by the US Justice Department into possible anticompetitive practices among paper companies in the United States. Reaction of the paper companies.

Gives information on the surge in paper stocks on July 10, 1995. Explanation of the surge.

Presents graphical and tabular information about changes in analysts' estimates on earnings of different companies as on March 1, 1995. Comparison between trends in DJ Equity and earning estimates for paper-products companies during January 1994 to February 1995.