THE MILL WHI!
40-Year Record
Patrick Dillard of the Towel Mill
Shipping Department February 2 com
pleted a 40-year record of continuous
service with the Company. He was hon
ored in an informal ceremony on the
anniversary date and was presented
with the Fieldcrest diamond-and-gold
40-year emblem and a letter of com
mendation from President Haroid W.
Whitcomb.
Mr. Dillard, a native of Henry Coun
ty, was first employed at the Towel
Mill February 2, 1927, as a trucK driver.
He has continued to work as a truck
driver for the entire 40 years. Except
for one absence when he was cut sick
for several weeks he has nevei’ been
off the payroll for any reason in the
past 40 years.
Buy . . . Sell . . . Swap
FOR SALE: Hotpoint automatic washer
with brand new motor. Good buy at
$70.00. Ann Riggs, Karastan Spinning
Office, extension 22, Greenville, N. C.
FOR SALE: Pigs and shoats, all sizes.
Call 623-2271 anytime before 2'30 p.m.
FOR SALE: Family leaving for Ger
many. Selling G. E. stove, refrigerator
and washing machine, $100.00 each.
Contact Rose Tripp, Karastan Spinning
Division, Greenville, N. C.
Credit Union Assets
Nearing $2 Million
(Continued from Page One)
R. O. Endicott, and M. B. Franklin; and
other members of the Credit Commit
tee are J. W. Norman and R. L. Moore.
At its organization meeting the board
of directors elected the following offi
cers: president, H. H. Newton; vice
president, L. E. Chewning; and secre
tary-treasurer, R. L. Wilkes.
Committee chairmen are C. H. Hall,
Supervisory Committee; R. L. Moore,
Credit Committee; and Otis Marlowe,
Educational Committee.
Smiles
The motorist was filling in an acci
dent report. “I was backing out of a
parking space, and by the time I back
ed out far enough to see what was com
ing, it already had!”
Top Weavers, Fixers
Under the program which gives recol'
nition to the top quality weavers
loom fixers, the Towel Mill’s lead^
weavers and loom fixers are listed d
They say that money doesn’t bring
happiness, but it’s nice to be able to
find out for yourself.
low for the most recent periods
record.
Weavers—^W/E January 22
of
“Are
First little boy in hospital ward:
you medical or surgical?”
Second little boy: “I don’t knov/. What
does that mean?”
First boy: “Were you sick when you
came or did they make you sick after
you got here?”
Dobby & Cam Charles Hoy*®
Jacquard Terry Albert Good
Fixers—W/E January 22 ,
Dobby & Cam Glenn CW
Jacquard Terry Samuel Fulcn
Weavers—W/E January 15
Dobby & Cam Charles Ho/
Jacquard Terry Albert Gooo
Fixers—W/E January 15 ,,
Dobby & Cam Glenn CW
Jacquard Terry Gary Hun
FIELDCREST MILLS CREDIT UNION
FINANCIAL STATEMENT
Spray, N. C.
December 31, 1966
BALANCE SHEET
Assets 1966 1965
Cash in Banks and Savings and Loan Assns $ 673,039 $ 548,829
Loans Receivable 1,272,816 1,086,892
Prepaid Expenses 816 1,500
Office Equipment 2,062
Total Assets $1,948,733 $1,637,221
LIABILITIES AND NET WORTH
Shares Outstanding $1,726,100 $1,476,305
Reserves 87,122
Undivided Earnings 135,511 98,73
Total Liabilities & Net Worth $1,948,733 $1,637,221
PROFIT AND LOSS STATEMENT
INCOME
Interest on Loans $ 138,334 $ 111,20
Interest on Investments : 15,847 12,162
Total Income $ 154,181 $ 123,369
EXPENSES
Clerical Cost $ 18,000 $ 16,82
Supplies 1,866 576
Insurance 4,008 4,261
Bonding Fee 684 540
Banking Service Charges 402 820
Depreciation 317
Dues & Subscriptions 1,333 1,270
State Supervisory Fees 2,536 2,013
All Other 2,836 1,796
Total Expenses $ 31,982 $ 28,101
Operating Profit $ 122,199 $ 95,268
DISPOSITION OF PROFITS
Dividends $ 60,985 $ 47,070
Reserves 24,440 19,054
Undivided Earnings 36,774 29,144
Total $ 122,199 $ 95,268