Textile Industry Sees 1953 Through Rose Colored Specs
A survey in America's Textile Reporter forecasts 1953 finished textile expenditures surpassing 18 billion dollars a 4.2 percent rise from 1952. Machinery spending is projected near 351.223 million, with overall mill outlays for replacement and modernization over 500 million. Industry finances show strong liquidity and credit, with cash and securities totaling over 1.1 billion and inventories at about 2.5 billion.
MENTIONED IN THIS ARTICLE
America
Textile Reporter
Industry Business Paper
Textile Industry
Sey
Networking Cap Ital Position Gains 395 Million Dollars
A networking capital position rises by 395 million dollars boosting liquidity. The report highlights improved cash flow and a stronger balance sheet for the involved organization.
Armory Drill Floor Open for Basketball and Tennis Scheduling
Beginning Wednesday December 10 the Armory Drill floor is available for tennis and basketball by reservation through the City Recreation Office. Hours vary by day with tennis in mornings and early afternoons and basketball practice slots in the evenings and weekends. pre-season team organization is encouraged ahead of the regular season starting around January 14.
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