The clothmaker. [volume] (Clinton, South Carolina) 1952-1984, December 15, 1967, Page 3, Image 4
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l^onald D. Pclaler. 'center), n.
Craw-Hi!! Publication, is nr<
'left). \V. G. (Hill) Ashemoro.
story on the Bailey Plant. ac
circulation of 25,CCD plus cof
After '67 Slump
n-r*1 ? > O/T/T*p*^" "
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".'be American textile industry
"tonic some serious
' un.ns" this year but shot hi
make some recovery in
the president ov t>\? edestrv's
central trade or
u u'/atio.u nrodicted Y/'U -iay.
!n a vear-end statement
Prederiek B. Dent, president
of the American Tex
vie Manufacturers Institute
and J^end of \!nvfflir f*'?.
at Arcadia, S. C., said:
"Today's textile industry
:s an exciting industry. If
we can ntst so!ve some of
(>?;; oroblem.s iIce !ow-wa,re
imports, the shortage of
puality cotton and rising
costs, if will make a healthy
"eoovcrv in. If'O't.
"It will be particularly
he'pful, both in fact and. in
industry confidence, if the
?'engross will take action
early in 10GH to imooso
Mie reasonable controls on
lie imports of man-made
fibers anil of textiles and i
aoparel made of man-made
fibers and wool.
"Given that kind of support,
we could engage in i
. nnl'ident lonjt-ranfte plannuiL'
and look forward to
hunt and risine levels or
mociuct ion, omnloymen*
and sales."
Dent mentioned imnort
corV.ro! loois-ation n!onp tire
lino of bills proposed by
Son. Inmost !'\ Hollinns,
D-S.C., and Hep. Wilbur
Yi'.ls, D-A!n., as necessary
o place "reasonable" res'raints
on imoorts.
'"his year, be said, the in
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* .? ? , 1 i} 'tor wi th it'c'Vi'S'S
\m '.n\"ri't'>vics i\ivl the cos1.
0f } : ? / ??.,*? toria !s nnc! labor.
"The industry took some
very serious lumps this
yenr," ho sold, but added:
"'Vx'des will show some
cabs next yenr. Sales volume
out Id match, the 19G6
records, but profits will
p-omduy make a smaller
When voti out tope'
'"T such factors ns an
oxnandine population and
'orsona.I income, nlv.s
h u*-try's development
of s'C'oe-a.ye nroduc'.: and
the efficiencies resulting
from its tremendous investment
new equipment
and techniques, you simply
have to '"o recast some imm
overnem. in sales and
earn try's."
Hot ho cautioned tl... . the
uncort.vnty over the? course
of 'ho eeenomv, the rclatif?rsh:,t
between r i s i it ft
1 '* * ?w 11
"v, :>.?<< ! trie falo of t'it* in('"s'.'y's
r!r:vo for iir> no i t
va ;,V.s wiiit'*1 a!! a'foot
s;i!cs :"i'! profits in
7xT~
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r*v/ y ^^yvj is^ior of 1*o
;r?tcd on 'lis arrival from N
Associate Keillor, author of
rconi ' iV. "'' iho on 1j!in her. T*<
5ios :nonthly*
oarnim's, sa'es, production,
\v'M>Vsa'e prices, employment
and fiber co.osv.mn
'.h
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xt'.lo World magazine. a Meow
v'" *'c by C trl R. Rogers
a "O'.'or.' engineering feature
3vV'e V.'orV. has a controlled
"'t r>* i .
y^vs jbvery
r?? * ^ 1
'i ,c rouo
'J*if! you know that you
a:v a member of a team
nliir1' V.'m'Ip * f\ r*1 ^ l-\ .r*
... . v wU
) Americans and
other mh.h'ons throughout
you know that our
to/on. produces fabrics that
; !i! to the comfort and
beauty of every home in
us country . . . and take
their essentia! place in
very car that travels our
. yhwnvs?
you know that our
"sf'-y manufactures suit:
'* : the astronauts;
makes lunar survival shelt
or.-:, snrachutes and oilier
v:' i' 1 components for the
s'.; (_ ivo^rnm'' That we
. '<yo more than 25,000
: to help win
*!' ' war in Viet Nam?
njd you know that internation:;'
trade treaties,
or improper admin
>n of laws and regulations
can affect our very
'ive'ihood . . . that we, as
u-ividuals, have the right
to voice concern over irvi
s??o?'.s:b'!e or detrimental
actions on the part of the
i ii - i i> i i v. ! * *!. ! i? |'I i v'' 11
Tot's stand straight up
and toil a'! who will listen
. J v. J :1.~ !...!
';i _ jHiiiy s ;i*\uir iiiuus*
' vy Is nroLjrossive and dyu:
!'>c . . . that we are vital
.he nation's economy...
!hat wars can't be won
without lis . . . that we pronecessary
civilian
iti-oi'.uc's of finest quality
a! barc.iln prices.
Little w o n d e r we're
*** ' />>!& *. v/M1* ,;N/ f.
~<y&Y Tv^r TwtfJCoUon
Situation .
The highly unstable dome
continues to take on perplexir
Small C
Last week the Departmei
new estimate of total yields e:
that showed still another redu<
is expecting 7/118,000 bales of c
U. S. this year, which is said to
since 1805. Indicated per acr<
nounced by USD A is reported
]9G2 that yields have dropped
The I'J'iU crop yielded 9,f
1907 production have steadily <
crop was estimated at 8,100,0(
estimate was just under eight
Sharp Price
Further compounding the
increases in prices, especially
staple lengths, as is evidence^
Snot Cotton Quotations rofltv
24, 19(50, delivered at mills loc
the same date this year:
Vemohis Territory '66 IV
'67
California '6G
'67
Of course, there are nume
in the current critical cotton si
movement of the current crop
as a result of late ginnings anc
ing declines in cotton consum
the consumption of man-mad
effect of poor weather during t
seasons last year and even \
planting season; (4) rec
planted as a result of governn
rPt !l Clirnllie e< f */m
. x.?.w.v>, ut.il VI ^ JIUVUJ V.UUUI
It will be recalled that the
of !t)G5 was designed to liquic
period of four years but the vr
tioned have led to substantic
goal in only two years.
As can readily be seen, th
enables in the current cottoi
passage of time will finally re
present, the situation is highly
that among many critical fac1
consumption and the size and c
domestic crops will be key fac
situation will become more sta
v'cvY Tajle Feeing For
' ! ...4^
. . mm ?i
The beautifully decorated Con
the scene of many Christmas
Shown above is the newly coi
Highly Unstable
stic cotton supply situation
ig dimensions.
'rop
it of Agriculture issued a
<pected from the 1967 crop
:tion. The Department now
otton to be produced in the
be the smallest production
2 yield of 452 pounds anl
to be the first time since
less than one bale per acre.
162,000 bales. Estimates of
declined. On October 1, the
)0 bales. In November the
million bales.
Increase
i problem is the dramatic
in the medium and longer
d by the following USDA
fting prices on Novembor
:ated in the Carolinas, and
fidd. 1-1 /6" 25.75* per lb.
39.00* " "
33.30* " "
45.00* " "
rous other factors involved
tuation, including: (1) slow
into the channels of trade
! other factors; (2) continuption
by U. S. mills while
e fibers increases; (3) the
he planting and harvesting
vorse weather during the
hiclion in ootfon acreage
nent programs designed to
i.
Food and Agricultural Act
date surplus stocks over a
irious factors already menll
accomplishment of this
ere are numerous imponda
situation and only the
veal the outcome. For the
unsettled and it is obvious
tors, the level of domestic
juality of the 1967 and 1968
:tors in determining if the
ble in the months ahead.
Community Houses
f I'M...
"? -
pS "
- ~ '
nmunity Houses have been
parties during this month.
Tiploted table cloth for the