Newspapers / The Fieldcrest Mill Whistle … / Feb. 1, 1971, edition 1 / Page 2
Part of The Fieldcrest Mill Whistle (Spray, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Is Profit A Dirty Word? To some people, profit is a dirty word. But if profits are so dirty, how come ours is .the most productive economic system, and yet it runs on profits? A lot of people think profits are too big. They confuse profit with markup. Business averages only about 4 cents of profit per dollar of sales, 12 cents per dollar of invested capital. Some people think profits come at the expense of employees. Actual ly, the most profitable businesses pay the highest wages and salaries. A lot of people question the motives of profit-seeking. But, whatever a businessman’s motives, profits serve a vital social function. Profits tell society what people want and losses tell society what people don’t want. A lot of people don’t know what profits do. Pro'fits are carrots that make business produce more efficiently. Losses are valuable, too, be cause they force change. Far from being a dirty word, profits are an ingenious social in vention to get producers to make what people want. In fact, the com munists are having to re-invent profits for just that reason. * J. T. STRICKLAND G. L. RHODES J. H. CORUM New Supervisory Appointments Announced New supervisory appointments at the Bedspread Mill and the Draper Sheet ing Mill have been announced, effec tive recently. Joe T. Strickland joined Fieldcrest as a section foreman in the Bedspread Weaving Department. He is a native of Dadeville, Ala., and graduate of Au burn University with B. S. degree in textile management. Prior to coming to Fieldcrest, Mr. Strickland was a supervisor with Bur lington Industries at Cramerton. He also had previous textile experience with Westpoint Pepperell in Opelika, Ala., and with Opelika Manufacturing Co. George L. Rhodes was promoted to section foreman-Weaving at the Bed spread Mill. He came to work for Field crest in August, 1952, as a supply clerk in the Finishing Mill Supply Depart ment and continued to work there un til he entered the army in 1954. In December, 1955, he returned to his former job and in 1957 was made head supply clerk at the Bedspread Mill. He later worked as an overhauler and a loom fixer before entering the supervisory training program in Sep tember, 1963. He was made assistant foreman-winding at the Bedspread Mill in November, 1963, and became a train ing coordinator in October, 1969. Jerry H. Corum was named a shift foreman in the Draper Sheeting Mill Weave Room. A native of Eden, he joined Fieldcrest in December, 1962, as a rug server in the Karastan Burling Department. With the exception of two years spent in military service, he continued to work in the Burling Department until June, 1969, when he became a super visory trainee. From November, 1969, until his latest appointment he worked as a supervisory trainee in the Sheet ing Mill. GOING UP IN SMOKE Recent U. S. government statistics show that life expectancy among young men is reduced by an average of eight years among heavy cigarette smokers (over two packs a day) and four years among light (less than Vz pack a day) smokers. Copyright, 1971, Fieldcrest MillS/ I*'®' : Eden, N. C. 27288 Issued Every Other Monday For EmP' \of and Friends of Fieldcrest Mills, o OTIS MARLOWf I EDITOR ALICE WARNER ASSOCIATE BD\'tO* Member, International Association of Business Communicators ADViSORY BOARD E. L. Bali J- S. Eflgieston R. F. Bell A. H. Justice J. L. Crabtree J. M. Moore W. F. Crumley O. L. Raines S. R. Culligan M. L. Ryan REPORTING STAFF Alexander Sheeting Mill Automatic Blanket Plant JanioAiJf Bedspread Finishing Mill Ann o Bedspread Mill Edna Cuiiii Blanket Mill Katherine 'J Blanket Warehouse Geraldine Cleveland Service Center Martha -551 Columbus Towel Mill jwa I WWCI fV«lll ITIIIMIWO Dallas Service Center Barbara Fleldale Towel Mill W General Offices Hilda Gladys Holland, Katherine Karastan Mill Karastan Service Center Mary Karastan Spinning Mill Evelyn Laurelcrest Carpets Carolyn Midwest Service Center Yvonne Mount Holly Barbara Northeast Service Center Sheet Finishing Mill Sheeting Mill „ W Winchester Spinning Mill Ann Monday, Feb. 1, 1971 PJO' ERVICE NNIVERSAR Forty Years Rigdon D. Duggins .... WorthviH® Thirty Years W. Dewey Talley Betty W. Hall Twenty-Five Years fjel Mattie S. Ferguson , .j, Modena L. Kerley Bedspread Fih* , Eva P. Hopper ^ Joseph K. Mitchell Draper 5" J Paul L. Blackwell ^ Vivian C. Ziglar Blanket Thomas S. Shelton Draper Sh , Rebecca P. Boulding .. Gordon T. Land Willie H. Scroggins ... Draper CoN'^' Twenty Years ... Earl M. Oakes Evelyn Beasley Karastan SP , Richard T. Hager Rossie Jumper Johnnie M. Minger Fifteen Years Robert B. Dyer Laurelcrc^ Billy D. Overby • ^ '' Robert L. Tate Ten Years Joseph M. Odell Beds*’’’ THE MILL - fl' WHlS^
The Fieldcrest Mill Whistle (Spray, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 1, 1971, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75