Word: last
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Dates: during 1950-1959
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...been over come, and from Lee's daring example has grown an industry that this year will ex port $110 million worth of garments. So successful is Hong Kong as a garment center that U.S. manufacturers and labor unions now want restrictions on cotton exports to the U.S. Last week Industry Leader C. C. Lee was again hard at work. His association of the most poweful exporters to the U.S. was working out a plan to diversify, set up self-imposed export quotas that will satisfy...
...cubby holes and back rooms, more and more are coming from new, modern factories such as Lee's. He employs 5,000 workers, v. 150 when he started, has one factory running three full shifts a day, spinning, weaving, dyeing, cutting and sewing cot ton garments for export. Last August he added a new factory to weave 1,000,000 yds. of cloth per month, cut 60,000 gar ments a day. His own garment exports to the U.S., 15% of the crown colony's, have risen from $1,000,000 in 1956 to $12 million this year...
...along with Lee, and the Hong Kong garment industry to day has estimated assets worth $200 million. Exports to the U.S. (chiefly brassières, nightgowns, pajamas, blouses and men's slacks and shirts) are expected to be more than $80 million this year, a 140% increase over last year. Though still less than 3% of total U.S. consumption, it is the concentration of items in particular areas that has most aroused U.S. industry and labor opposition. In the field of brassieres alone, Hong Kong imports account for an estimated 40% of the U.S. market...
...Christmas toy buying started with a rush last week, retailers predicted that 1959 will be the most successful year in the history of the U.S. toy industry. Total retail sales will reach $1,650,000,000, an 18% increase over 1958. Not only are toymakers selling more, but the big overall trend this year is toward higher prices for more elaborate and ingenious toys. Said a salesman at Dallas' Sanger Bros.: "An $8 toy isn't considered expensive at all any more...
...Wave of cinematic creation matches the high-water mark established by Black Orpheus (TIME, Nov. 16). Like that film, The 400 Blows (Les Quatre Cents Coups) is the work of an unknown: a 27-year-old cinema critic named Francois Truffaut, who made the film for only $110,000. Last May the picture won him the Cannes Film Festival's award for the year's best direction, and it is expected to make about...