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Silk is replacing wool say s Babson
Babson Park Mass May 15 Roger W Babson on textiles dividing into cotton and wool. Cotton mills operate at about 75 percent capacity with profit from full time. Woolen sector weak due to high costs and artificial silk impact. Smaller mills fare better than large firms amid consolidation criticisms. Industry slowly improves as global demand shifts and structural reforms occur.
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Babson Park
Mass
Roger W. Babson
New England
Babson
United States
Europe
American Woolen Company
Consolidated ‘Textile Company
Pacific Mills
America
Mr. Babson
Durfnz