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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jun 01, 1920
Page
5
A woolen industry observer argues consumer taste shifted to finer fabrics, driven by swift tailoring improvements after the war. He says educated buyers now resist coarser wools, noting lighter weights and better yarns are needed to sustain garments' appearance and wear.
Chinese lace exports in 1918 totaled about 1.819 million dollars with 77.4 percent bound for Australia and 9.2 percent to Great Britain. Shanghai lace industry was rising. Imports reached 626,842 dollars, led by Great Britain at 37.7 percent, Japan at 29.7 percent, and France at 25.9 percent.
Vice Consul Fletcher at Cartagena reports that Colombia’s presidential order restricting gold exports in any form has been suspended for the United States. The measure removes export permission barriers for U.S. trade with Colombia.
Four artificial silk establishments at Tubize Obourg Maransart and Alost Belgium now use 9 percent of their 1914 staff. Prewar thread production reached 2 700 000 kilos and today remains about 32 percent of that level.
The National Bank of Commerce in New York asserts in Commerce Monthly that the United States currency and banking system is panic proof under wise leadership. It explains the Federal Reserve System aims to make panics impossible and distinguishes crises from panics as part of the business cycle.
An American Chamber of Commerce report says granulite found near Okehampton on Dartmoor contains silica potash soda and alumina for high quality glass. A syndicate forms to scale production with two large furnaces under construction and local quarrying already underway.
Consul General Scidmore in Yokohama notes a sharp rise in soda and soda ash imports to Japan, jumping from 1915 levels. In 1919 Japan imported 80,119,000 pounds of caustic soda and 119,139,000 pounds of soda ash, with 70 to 80 percent sourced from the United States.
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