Business & Finance: Color-of-the-Season

Into voluntary bankruptcy in Manhattan last week went Amalgamated Silk Corp., one of the largest silk manufacturers, long a money-loser. But while Amalgamated surrendered to the industry's depression, other silk manufacturers helped themselves by a neat economic stratagem.

Color-of-the-season in U. S. women's fashions is no longer determined by a universal change of taste, nor even by the Paris designers who set skirt lengths, waist heights. Color-of-the-season is now decided by the U. S. manufacturers of silks, cotton-goods, shoes, hats, pocketbooks. These gentlemen simply "get together" and...