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Title
News.
Abstract
The article offers news briefs related to the textile industry in the U.S. The textile industry has recovered from the recession in 1975 and vows to share the general improvement in nation's fiscal health for 1977. A review of the industry's profit performance in 1976 shows that aftertax earnings per dollar sales ran at 3%, a margin below the average of other U.S. industries. El Paso Corp. has agreed to sell Beaunit Corp. under certain conditional agreements.