Word: rayon
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...hides, apples, wool, tires, lead, wearing apparel, paper, missionaries. From Mediterranean docks, the U. S. got a $153,677,000 import trade. Of this, too, American Export freighters carried the lion's share: long-staple cotton from Alexandria, olive oil from Piraeus and Leghorn, china from Beirut, cheese, rayon and vermouth from Genoa, pistachios, gum arabic, rags, onions, rice and tobacco. All told, the spread of war to the Mediterranean cost the U. S. a $316,439,000 export-import business, to be added to the $470,177,000 already lost in trade with Germany, Austria, Czechoslovakia and subsequent...
...most profitable post-war achievement of the U. S. merchant marine, must now content itself with calls at Lisbon. But no strategic material from the Mediterranean (except perhaps mercury) is irreplaceable. And U. S. processors of cottonseed oils knew what to do about an olive-oil shortage; U. S. rayon and silk men shed no tears at the blockade of Italy; California growers saw a widening market for domestic wine. One product would be partly missed: cork, of which Mediterranean countries (plus Portugal) produce 100% of the world's supply. Last week Armstrong Cork's President Henning Webb...
...Celanese Corp. of America, riding a record rayon boom, had planned to call $16,481,800 of 7% preferred, substitute bonds costing it half as much a year. When the market returns to "normal," need of new money for expansion will bring the planned Celanese issue...
...Patent Office in Washington remembers a story about a patent examiner who, in 1870, got discouraged. In 1870 there were no automobiles, airplanes, streamlined trains, steam turbines, oil-burning ships or Diesel engines; no movies, radio, television, electric refrigeration, vacuum cleaners, air conditioning; no rayon, nylon, Cellophane, stainless steel, chromium plate; no linotypes, color photography, wirephotos; not even a decent golf ball. Nevertheless the discouraged examiner looked around, decided that everything of importance had been invented, quit his job to look for something permanent...
Yellowish carbon disulfide, with its radish-like stink, is a man-made chemical used to dissolve fats. In the rayon industry it is poured into huge churns to dissolve cotton or wood pulp before the cellulose solution is spun into threads. From the churns rise foul C52 fumes...