Word: rayon
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...conditioners for home and office are comparatively new. Industrial air conditioning was used during the War when munition makers found it advisable to keep their plants at medium humidity while making powder for shrapnel shells. Rayon manufacturers are heavy users of air conditioning because rayon is highly sensitive to moisture at every stage of manufacture. Big candy makers use conditioners to keep the air dry since chocolate becomes dull and grey, loses its smooth dark lustre when exposed to moisture. Air conditioners for factories, theatres, stores are almost in variably basement installations where the air is cooled and washed...
...Bank of Taiwan (Formosa), with deposits of 243,000,000 yen in 1932, is high in the second rank of Japan's potent empire firms. Founded in 1899, it got into trouble in 1927, saved itself with government aid and took over Imperial Rayon Co., the soundest asset of an insolvent debtor. This year the Government, investigating its affairs, indicted its Governor, Imperial Rayon's president and eight other officers on charges of having sold Imperial Rayon stock to themselves and friends below the market price. The trail of corruption wound into the Ministry of Finance...
...Gardner, onetime Governor of North Carolina, announced that "early in the fall'' he resigned as that State's Democratic National Committeeman. Last April he went to Washington as the lawyer-lobbyist for rayon and cotton textile interests. To prove the good faith of his political resignation the White House released a letter in which the President had written him: "It is good to have friends who are so actuated by high principles...
...Newspaper advertising for December showed a gain over last year of 2.4% in retail lineage, 37.8% in general lineage. Rayon production last year was up 54% to a total of 207,000,000 Ib.-a record...
...omitted) (d = deficit) 1933 1932 Industrial Rayon 1,806 237 National Biscuit...