TNAG-0147-FCO40-183-Exports-of-textiles-to-United-States-of-America-1969 — Page 66

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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G.F. 323

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market it was in fact being forced up into a different price

bracket where it was competing effectively with imports.

69.

Mr. Bodner cited the case of a big U.S. manu-

facturer who had managed to keep in production by changing

to the production of rainbow-coloured shirts. Although

U.S. producers were being forced into a different sector

of the market by competitive imports, the respite thus

secured was only temporary until imports caught up with

the particular style in the higher price bracket and then

undersold it.

70.

Kr. Stewart said there had been a lot of talk

about penetration by imports but was it not true that U.S.

cuttings of dress shirts and blouses had increased by 10%

in 1968? Mr. Nehmer gave figures for cuttings of dress

shirts which showed an increase from 11.3 million dozen in

1967 to 12.3 million dozen in 1968. Sport shirt cuttings

on the other hand had decreased from 31.3 million dozen

in 1967 to 30.7 million dozen in 1968. Imports in any

case had increased at a much faster rate. Mr. Stewart

observed that this showed imports had cut into consumption,

not into production.

71.

Mr. Schiff thought a more impressive picture

of the state of production could be achieved by visualising

the production index in chart form. There would be a

general flattening out of the production curve for

/apparel

CONFIDENTIAL

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