Word: rayons
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Dates: during 1920-1929
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...Rayon. When, some weeks ago, the price of raw artificial silk (rayon) yarn came down 35? a lb., fabricators of rayon fabrics groused at foreign yarn makers. These broke the price of U. S. yarns by shipping (in 1925) 5,441,000 lbs. of yarn (one-tenth of the total U. S. consumption) here. Fabric makers had large stocks of expensive yarn on hand, none the less had to lower cloth prices. As a result one great manufacturer, the American Rayon Products Corp., last week was forced to pass its regular 50? dividend...
...silk was valued at $396,286,000, a 21% gain. (Rayon, artificial silk, increased 124.7%; silk waste...
Other merchandisers gave their analyses of general conditions. They found that the railroads Lad just ended a happy year; that the automobile industry had again confounded pessimists; that 1925 set another record for building; that steel, silk, wool, cotton and rayon were prospering. Then a banker, O. H. Cheney, Vice President of the American Exchange-Pacific National Bank, oriented once and for all the importance of the dry-goods industry, and answered those supercilious ones who have jeered at dry-goods men. "I think," he said, "that the department store might be considered the greatest single factor in raising...
Synthetic silk or "rayon," a fabric made from wood and other forms of cellulose, now manufactured by the millions of pounds, was thus honored...
Profits of rayon-producing companies have been obviously large, yet are shrouded in mystery, as leading concerns rarely issue earning statements. Prominent rayon makers are: in the U. S., the Du Pont Rayon Co. and American Viscose; in Britain, Courtaulds, Ltd.; in Italy, Snia Viscosa. Rayon companies have been able to expand by using their own large earnings, without recourse to the banks...