Business & Finance: Deals & Developments: Sep. 8, 1930

"Raylaine." From Asheville, N. C. last week came reports of a new material, a new company. The material is raylaine, a synthetic fibre made from rayon waste and other materials, more woolish than silkish. The company is Raylaine, Inc., headed by G. Jean Nord, longtime con- sulting engineer to textile mills.

Lamport & Holt. More pleased than shocked were Britishers last week when venerable (formed in 1845) Lamport & Holt Ltd. went into a receivership. The Royal Mail Steam Packet group of shipping companies, to which Lamport & Holt belongs, has given many a shock...

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