· 3 ·
also been a good deal of trading-up. The steady increase
in the number of active cotton-system spindles, which rose
from 18.5 millions in 1965 to 20.2 millions in 1968, is a
reflection of this. The United States has the distinction
of being the only developed country in the world which has
increased its spinning capacity in recent years. However,
Swing these encouraging figures conceal a dramatic from cotton
to man-made fibres.
8.
In the case of yarn spun on the cotton system, the
number of active spindles engaged on 100 per cent cotton
yarns dropped from 91 per cent of the total in the year ending
July 29th, 1961, to 75 per cent in the corresponding period
in 1966/67 and only 66 per cent in the second half of 1968.
Production of broad woven cotton cloth, which had fluctuated
around 9 bn.lin.yds. for a number of years, also fell sharply
to 8.3 bn.lin.yds. in 1967 and an estimated 7.5 bn.lin.yds.
in 1968. On the other hand, production of man-made fibre and
silk fabrics rose from 2.4 bn.lin.yds. in 1961 to 4.2 bn.lin.
yds. in 1967 and an estimated 5.3 bn. lin. yds. in 1967.
fibres./bonet
9. Production on the woollen and worsted system has also
The amount o been affected by the switch to man-made fibres. Gonetaption fibre consumed in this section of the industry. On the woollen and worsted systemy i
and worsted systemyincreased from 733 m.lbs.
in 1963 to 840 m.lbs. in 1968, after a reduction to only
673 m.lb. during the 1967 recession. The increase was more
than accounted for by the increase in consumption of man-made
fibres, from 119 m.lbs. in the year ending July 1st, 1963
to 327 m.lbs. in the corresponding period in 1967/68.
}
/Production of
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