1972 Earnings      Price (in $'s)
 Company           per Share (in $'s)   in May, 1973
CROWN ZELLERBACH         1.83              28
GREAT NORTHERN NEKOOSA   3.35              45
HAMMERMILL PAPER         0.64              12
INTERNATIONAL PAPER      2.30              35
KIMBERLY-CLARK           2.39              45
MEAD                     1.08              14
ST. REGIS PAPER          2.92              39
SCOTT PAPER              1.11              12
UNION CAMP               2.57              43
WESTVACO                 1.22              23