Word: rayons
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When Burlington Mills Corp. (Bur-Mil), largest U.S. weaver of rayon goods, slashed its prices 10% to 25% a fortnight ago, its 52-year-old Chairman J. (for James) Spencer Love made a calculated gamble. He was betting that the price of rayon fiber, which Burlington has to buy to weave its fabrics, would soon come down enough to make up the difference...
Handsome cats present were among the oldest and most modern. Egyptian and Oriental artists caught best the cat's agile and delicate movement and velvet-coated strength. British Cinemactor and Cat-lover James Mason had designed some prints showing impressionistic Siamese marching across rayon textile. American Sculptor William Zorach and French Painter Pablo Picasso contributed masterly and unsentimental portraits of sleek, well-fed soth Century tabbies...
...maker of nylon, issued a somewhat huffy communique. Strong acids "degrade" (weaken) nylon yarn, and soot particles sometimes contain enough sulphuric acid to do the deed. But it does not happen often. Except to a few uncommon chemicals, DuPont insisted, nylon is at least as resistant as silk, rayon or cotton...
...various trusts permitted Textron to take out assets, replace them with others of less value. Example: Rayon Foundation Trust let Textron take $200,000 worth of stock, paying 10% dividends, replace it with stock paying 5% or less. The trustees also sold stock to friends and associates, at less than the trust had paid for them...
...leveling-off process, noted across the land, showed signs last week of also slowing down new wage raises. In the year's first major test of fourth-round demands, the C.I.O. Textile Workers Union lost its fight for a 10? increase in the New England cotton and rayon industry...