ARTIFICIAL SILK
CONTINENTAL COMBINATION. CONTROL OF PRODUCTION. |Tres« A««ociatioa —Bt Telegraph—Copyright.) LONDON, January 21. The Daily Express understands that a working agreement has been reached between the British artificial silk firm of Courtaulds, the Italian firm of Sniaviscossa, and the German concern, the Glanzstoff Fabriken Company, which already controls American and French artificial silk production. The combine will therefore control production in Italy, England, America, France, and Germany. The growth of Ctfiirtaulds is an outstanding romance. Twenty years ago it had a capital of £250,000, while the present market value of its authorised capital of £20.000,000 is £60,000,000. A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 20005, 24 January 1927, Page 7
Word Count
102ARTIFICIAL SILK Otago Daily Times, Issue 20005, 24 January 1927, Page 7
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