Women Loyal to Home Products: Artificial Silk Victory London, Jan. 14.
In the course of a hearing bo-fore the Board of Trade Committee of an application for safeguarding the duty on imported hosiery, merchants who opposed the application spoke of the prosperity of the British hosiery industry.
The buyer of a big Leeds firm said that he had not known the trade so, prosperous in his twenty years' experience, In 1k ings in recent years, Brit ficial silk had almost entirely displaced foreign silk and lisle. the ladies' underwear department this country did not buy more than five per cent. of foreign goods British purchases of foreign good: during the past 10 years had declined year by year, In 1918 foreign purchases amounted to approximately 50 per cent. In 1925 they amounted to 15 per cent. and to-day they did not exceed 10 per The German Side Frankfurt-on-Main, Jan, 14, An extraordinary general meeting of the Farben Industrie to-day sanctioned the issue of 250,000,000 marks of convertible bonds carrying interest at the rate of at least 6 per cent, and redeemable at the Intest in 1945.
Tt was stated at the meeting that the company now ranked second among the artificial silk producers of Germany. Five thousand kilogrammes of viscose are produced daily at its Wolfen works, and three other factories are being' constructed, the daily output of which will also be five thousand kilogrammes leach. The production of acetate silk at present is 2,000 kilogrammes, daily and this also will be increased to 5,000 kilogrammes,—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.