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These two facts do not fully account for the tightness of the squeeze. Figures for raw silk consumption in Japan show about a 20% increase which has been attributed to the fact that Japan has restricted cotton (and partially restricted wool and rayon) to army use only. But Japanese production of finished silk goods has declined, suggesting that Japanese: 1) may be hoarding silk as a hedge against inflation, or 2) deliberately creating a shortage in order to boost prices and make a killing before new synthetic silks start to compete in the U. S. market...

Author: /time Magazine | Title: MARKETS: Silk Squeeze | 5/8/1939 | See Source »

...business man willing to invest in a young man with ideas, energy, and ambition. A forestry graduate, technically trained, with experience in industry, office work, selling, well acquainted with hard work, I am 29, married, have two small boys. Recently re-leased from the technical department of a rayon pulp mill closed due to the effect of the Japanese-Chinese war on pulp production, I am ready and able to go anywhere that opportunity shows itself. My special interest: the problem of waste in industry...

Author: /time Magazine | Title: Letters, Nov. 21, 1938 | 11/21/1938 | See Source »

...Pont de Nemours & Co. fortnight ago announced it would erect a new textile plant and begin commercial production of Fibre 66, regarded by chemists as the first satisfactory substitute for silk in hosiery. Last week Celanese Corp. of America, third largest U. S. rayon manufacturer,* approved construction of a $10,000,000 factory near Pearisburg, Va. where it too will produce a new synthetic silk fibre. This unnamed yarn, said company officials, can be used for various textile products, does not correspond with Fibre 66. But the trade saw in the announcement a second sign that the Japanese silkworm soon...

Author: /time Magazine | Title: Business & Finance: New Synthetic | 10/31/1938 | See Source »

...much more quickly than the natural variety. Developed by the late Du Pont Chemist W. H. Carothers, Fibre 66 in bristle form is called "Exton," is made by forcing through small openings a synthetic resin known as "nylon," thus producing filaments in much the same way that rayon is manufactured. Because diameter of the bristles can be regulated in production, definite standards of "hardness" can be maintained...

Author: /time Magazine | Title: Business & Finance: New Synthetic | 10/31/1938 | See Source »

...rayon firm is American Viscose Corp., No. 2 Du Pont...

Author: /time Magazine | Title: Business & Finance: New Synthetic | 10/31/1938 | See Source »

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