Word: rayon
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Demand was poor because people with little money to spend curtailed purchases and those with much money bought silk and rayon. This year the advertising of cotton clothes will seriously affect woolen goods...
...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...