Article describing the state of hosiery mills in Laconia, New Hampshire in the late 1930s: obstacles to effective production, descriptions of economic advantages, suggestions for improvement. Historical background from the origins of the first Laconia hosiery in 1847. Mill closures beginning in 1923: their causes and some of their impacts. Current 1930s industrial competition between Laconia mills and similar producers in Mid-Atlantic and Southeastern states: Pennsylvania, Georgia, North Carolina, Tennessee. Includes black and white photographs.