Word: silkless
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Surplus Silk. U.S.C.C. has already badly snarled Japan's exports of raw silk by paying no attention to the fickle taste of U.S. women. After five silkless years, they had learned to like Nylon better than silk in stockings, slips and girdles. Nor did U.S.C.C. mind its economic law. The first silk shipments sold at an average of $9.79 a pound. But as more silk came into the U.S. the auction price skidded until it hit $4.70 last February. Manufacturers who had been caught in the falling market stopped buying. To protect them, U.S.C.C. pegged the price average...
| 1 |