Word: clothes
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...synthetics market has fluffed up in recent months (see chart). In cottons, a fresh burst of heavy orders has many mills booked solid through the first quarter, is bound to turn sales curves upward beginning this month. The price of the industry's bellwether grade of unfinished cloth has climbed well above April's 12-year low, has advanced 7% in recent weeks. Prices have jumped as much as 12% for industrial textiles used in such things as cars and shoes...
These woes are aggravated by the Government's absurd cotton-subsidy program, under which the Government dumps cotton abroad at 20% below U.S. prices. Foreign textilemen then make U.S. cotton into cut-price cloth that has won away U.S. markets both abroad and at home...
From the test tube only recently have come better dyes and finishes, plus much-improved wash-and-wear cloth. The new idea is to bring out improved synthetics every year in a campaign of planned obsolescence. This season alone, chemical and textilemen are introducing more than a dozen new synthetics. Each one is tailored to a special job. For example, Eastman Kodak's Tennessee Eastman Co. has launched Kodel, which will blend with wool or synthetics to produce wash-and-wear flannels. Dow Chemical Co. has recently brought out Zefran, another wool-like synthetic to be woven into coats...
...Professor Greg was a piece of unfinished business that he would like to see settled before he himself retired. The gray-haired woman who stamped the cards at the circulation desk in the library held similar sentiments. Three times a week Professor Greg came in with his green cloth book bag, the kind that had been carried by schoolboys in Boston, and took it away bulging with books. Professor Greg, she knew, was a world-famous scholar, but she couldn't understand why he was not content to rest on his laurels. He had several honorary degrees...
...third son of a Milwaukee grocer of German descent, he showed an early leaning to the priesthood (his sister, a nun, remembers that at the age of five he used to play at saying Mass with a cloth over an old table and a glass of water for the chalice of wine). In his early parish at Waukesha, Wis., and later as bishop of Superior, Wis., Meyer was more noted as an able administrator than as a fighter for causes, has rarely committed himself on social issues...