GERMANY’S TEXTILE INDUSTRY
GREAT REVIVAL IN LAST EIGHTEEN MONTHS. (Rec. June 14, 9.20 p.m.) London, June 14. The "Daily Chronicle’s” correspondent at Chemnitz describes the revival in the textile industry in Germany during 1920-21. During the nine months ended March Germany imported 830,190 bales of cotton, and nine spinning and weaving companies paid dividends ayeraging 25 per cent., plus a bonus. The average unemployment was 4.7 per cent. There were 33,000 acres under flax in 1914, and there are now 172,500 acres, which is 00 per cent, of the requirements.—Aus.N.Z. Cable Assn.
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Dominion, Volume 14, Issue 223, 15 June 1921, Page 5
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92GERMANY’S TEXTILE INDUSTRY Dominion, Volume 14, Issue 223, 15 June 1921, Page 5
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