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V6 2003 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 6, Number 35, August 31, 2003, Article 8

OLD NEWSPAPER STOCKS DWINDLING?

  An article in this week's Wall Street Journal touches on a
  subject discussed earlier in The E-Sylum - the marketing
  of old newspapers deaccessioned from libraries.  With
  most libraries having completed their transition to microfilm,
  supplies are beginning to dry up.

  "That was evident this month when an order came into the
  Historic Newspaper Archives, in Rahway, N.J., for a
  25-year-old copy of the New York Times. A man wanted
  a paper from the date of his parents' wedding for an
  anniversary gift... , but it had no New York Times with the
  requested date.

  ... Ultimately, Mr. Druce was able to find a New York Daily
  News at the top of  another, higher ladder -- a stroke of luck
  because Mr. Druce's stock of New York City tabloids is
  shrinking fast."

  "Timothy Hughes Rare & Early Newspapers, in South
  Williamsport, Pa., is using a different strategy. The business
  focuses on collectible newspapers, which carry reports of
  historic events and tend to be older and more expensive.
  Operating without subscriptions to current newspapers,
  "it's much easier for me to fill an order for a 200-year-old
  paper than a two-year-old," says Timothy Hughes, the
  company's 50-year-old founder."

  "Steve Goldman ... declines to give revenue figures,
  but says business is growing and that increasing interest in
  collectible newspapers bodes well for the future. "People
  are starting to recognize how important they are," he says."

  Wayne Homren, Editor

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