Hosiery Industry Feels Steel Crisis Amid 1960 Outlook
The steel conflict cools demand shaping hosiery orders as wholesalers hold back and Detroit’s economy shows strain. Early 1960 projections depend on steel labor peace and a lingering overproduction in tights and over the knee items. Pre holiday sales look strong but the market faces an adjustive year ahead.
MENTIONED IN THIS ARTICLE
Detroit
Security Quotations and Local Business Notes
Unofficial bid and asked prices from NASD and others guide ranges for securities as of November 27 1959. Textile's nine month 1959 loss ratio stands at 46.2 percent versus 47.9 percent in 1958. George L Veach won an American Oil Co. sales contest trip to New York with his spouse. Charles Spencer joins Arthur's Pharmacy on S Main Street.
MENTIONED IN THIS ARTICLE
N. Wrenn St
Anoffice
Southern Photo Print
At Leasts Co. Oe
Winston, Salem
Fayetteville
Carolinas
Virginia
Georgia
Wrenn Street
Jim Tunstall
Greensboro
Guilford College
Rock Hill, $.C
YMCA
High Point
C. O. Lowe
J. S. Armstrong
National Association of Securities Dealers, Inc
James G. Cage
George L. Veach
Thomasville
New York
American Oil Co
Veach
Amoco
Charles Spencer
Arthur’s Pharmacy
S. Main Street
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