THE COST OF ILLIQUIDITY AND ITS EFFECTS ON HEDGING

A CNC (Computerized Numerical Control) automatic sewing device comprises a sewing head and a workpiece holder movable in two co-ordinate directions perpendicular to one another for holding a workpiece to be sewn. A thread trimming device is provided adjacent to the stitch forming place and stationary relative to the latter and directly below the workpiece holder.

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