Word: silk
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...visited the Ford factory in Detroit, where the Princess admired a Mercury rolling down the assembly line. "It's yours," said Henry Fofti. "What color?" The Princess chose blue. Not to be outdone, General Motors' President William S. Knudsen gave the Princess a pair of synthetic silk stockings, the Prince a dark blue Cadillac...
...January 6 a bale of silk (132¼ Ibs.) in Japan cost 840 yen ($229). On March 2 the price hit 1,080 and the Japanese Government stepped in and stopped trading for a few days. Nonetheless, the price climbed to 1,195 yen ($325) on April 19, stood last week at 1,160. When this 40% price rise began, the small group of U. S. branded hosiery makers (such as Gotham and Phoenix) which control their resale prices had already announced their spring prices. For fear that unbranded rivals would undercut them, they did not raise prices and continued...
...trays in millions of Japanese homes last week the lower jaws of billions of fat worms were steadily spinning filaments of silk. This valuable regurgitation has gone on in Japan for centuries but rarely has it been such a source of interest to the outside world. For in the next few weeks enough cocoons will have come to market for the silk industry to estimate the size of the 1939-40 crop. And upon that size depends: 1) the immediate outcome of the, tightest U. S. silk squeeze in history, 2) the fate of certain speculators, 3) whether the cost...
...Japanese 1938 crop (July 1-June 30, 1939) was 12½% under that of the year before. Meanwhile in the U. S. a ribbon fad and hosiery boom boosted silk consumption 13% in the ten months ended May 1, 1939 over the same period a year earlier...
...that a choirboy had fainted during a Mass, had said, "We'd better be careful; the first thing you know they'll be copying that at St. Mary the Virgin." Latest innovation at St. Mary's: the use of a vimpa, a scarf of thin white silk worn around the neck, by which a bishop's mitre and crozier are held, to protect them from the human touch...