Word: woolens
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Dates: during 1940-1949
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...their wild state, says Moncrieff in the current issue of Discovery, moths did not eat wool. Their larvae ate dead animals on which the females deposited their small white eggs. But as soon as man started to make woolen clothes, many thousands of years ago, some moths began to change their feeding habits. With a good deal of difficulty, says Moncrieff, they learned to digest wool, have not yet completely adapted themselves to their unnatural diet. Researchers have proved that moth larvae grow faster when fed on fish meal or casein, and that unless they get vitamin B they never...
...Reduction of more U.S. tariffs. Though the general tariff level is down to the 1914 mark, the British insist that some of their best items for export cannot compete in the American market because of high discriminatory duties. For example, duties on woolen and worsted cloths can amount to 40 to 45%, clocks up to 150%, china tableware 35%, chamberpots ("sanitary earthenware if of vitreous china...
...American Woolen's profits tumbled 19.8% in 1949's first quarter, President Moses Pendleton bravely tried to prod waiting buyers into action by boosting prices. Last week, conceding that his bluff had been called, Pendleton trimmed an average 9% off the price of fabrics for men's & women's clothes. That meant, the trade estimated, that men's suits next spring would be $2.50 to $5 cheaper...
Some textile men, who know how thin American Woolen's profit margin has been, doubted if the new prices would do much more than let the company break even. But Pendleton hoped to get some relief from bigger volume. In any case, it would cost American Woolen less to keep its mills in operation than to shut down for lack of orders while maintenance costs...
Meanwhile American Woolen and other weavers had a new kind of squeeze to worry about-the synthetics, which had already grabbed off big chunks of wool's summer suit market. Now rayon was getting ready to compete in winter wear as well. Mooresville Mills announced that it had developed a winter-weight rayon that looked and felt like wool, had the advantage of being mothproof, washable and only about one-third the price of wool...