ARTIFICIAL SILK.
CONDITION OF INDUSTRY. Mr. Samuel Courtauld, speaking at the annual meeting of Courtaulds, Ltd., in London, on March' 9, reported an erratic tone in the rayon industry. In England 1932 opened well, but in the latter half of the term, though the spinning section of the business was kept busy, turnover of woven products slumped. The company's U.S.A. offshoots had an equally uneven experience; as the summer advanced consumers' demands declined, and practically the whole industry closed for a period. At the end of August orders poured in, and full-time running was resumed. By March the plant was again practically idle, and, altogether, profits earned in U.S.A. for the year were very small. World_ output figures in the rayon industry are interesting. Six years ago Japan's production was about 5,500,0001b, or 4 per cent of world output. In 1932 she produced 68,000,0001b, or about 13 per cent. America is the largest producer with 131,000,0001b. Italy second with 70,000,0001b and Great Britain third with 69,000,0001b. Rayon, of course, is made from wood-pulp.
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Auckland Star, Volume LXIV, Issue 114, 17 May 1933, Page 4
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173ARTIFICIAL SILK. Auckland Star, Volume LXIV, Issue 114, 17 May 1933, Page 4
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