Vol. XV
Spray, N. C., Monday, December 24, 1956
NUMBER 12
All Plants And Offices
To Close For Holidays
Holiday schedules at Fieldcrest Mills
have been announced as follows:
For the Christmas holiday, the Blan
ket, Sheeting, Bedspread, Automatic
Blanket and Towel mills .will close at
a.m. Saturday, December 22 and re-
^me operations at 7 a.m. Wednesday,
December 26.
For the New Year’s holiday, these
^ills will close at 7 a-m. Saturday, De-
'^^mber 29 and resume operations at 7
a.m. Wednesday, January 2.
, For the Christmas holiday, the Pin
ching Mill, Bleachery and Central
Warehouse will close at 11 p.m. Fri-
'^ay, December 21, in departments op
erating on a five-day basis, and at 11
P-m. Saturday, December 22 in de
partments on a six-day basis.
For the New Year’s holiday these
plants will close- at 7 a.m. Saturday,
^ecember 29, in departments on a five-
schedule and at 11 p.m. Saturday,
^ecember 29, in departments on a six-
'^ay schedule. Operations will be re
sumed at 11 p.m. Tuesday, January 1.
The Karastan Mill, in observance of
•he Christmas holiday, will close at
' a.m. Sunday, December 23, and re-
^me operations at 7 a.m. Wednesday,
■December 26. For New Year’s the Kara-
,^an Mill will close at 11 p.m. Monday,
■J^ecember 31 and resume operations at
p.m. Tuesday, January 1.
Employees concerned will be notified
any exceptions in these schedules.
All Fieldcrest offices will be closed
Monday and Tuesday, December 24
25 and on Tuesday, January 1.
Store Schedule
The Employees Store will remain
®Pen until noon on Christmas Eve. The
Store will be closed Christmas Day, re-
®Peningr at noon Wednesday, December
The Store will be closed from noon
Thursday, December 27 through Janu-
1 for inventory and the New Year’s
-^*Way, re-opening- on regular schedule
••ednesday, January 2.
— — — —
1 A Christmas Message
FROM OUR PRESIDENT
Once again, as the year draws to a close, our thoughts turn to
Christmas; and once again all that this great religious anniver
sary means to Christian people all over the world is emphasized
and brought home to us as we relax from our every day tasks in
the company of family, friends, and loved ones.
Again it is a pleasure to report to you that Fieldcrest Mills,
Inc. has made considerable progress and improvement during
1956, our third year as an independent textile company. We still
have several serious problems which have not been solved, and
I can only assure you that these situations will continue to have
our best efforts toward a successful conclusion in the best interest
orf all concerned.
For the second successive" year all Fieldcrest people have
benefited from salary and wage increases. In addition to these
general increases, our sales volume has necessitated a large
amount of overtime operation. It is interesting to note that the
total wage and salary payroll of Fieldcrest Mills, Inc. for 1956
will be $19,114,222 compared with $16,882,904 for 1955,—an
increase of 13.2 per cent. I am sure we all derive pleasure and
satisfaction from the realization that these increased earnings are
bound, to result in a higher standard of living for Fieldcrest em
ployees and their families, as well as others in the local com
munities.
General economic conditions in our country are at a very high
level. If these conditions continue we expect that 1957 will be
another good year for Fieldcrest. We have ambitious plans for
the future and with your continued cooperation and good will
I am comfident that we will grow and be successful.
In behalf of our stockholders, our directors, and our entire
management group, I thank you for your good work during the
past year, and extend our sincere best wishes for a Merry Christ
mas and a Happy New’ Year to all orf you and your families.