THE MILL WHISTLE
Eden, N. C., February 9,1976
No. 15
t, Valentine Sweetheart
iL Valentine greetings to everyone at n,,„_ r,
l >st is three-year-old Jill Dyer of Eden. 'prn '. *’’’'* employed in the
'“ ■ • J framing Department.
daughter of Mr. and Mrs. Richard
^ff-Offs Completed At 3 Mills
^..r^tition in thfi 5?nnprHnffpr the second t_i ^ , i n,.
*ile5( .^ition in the Superdoffer
(lt]„‘ >s well under way at
'iJi Mills with doffers
mills participating,
ItfP’ons have- been
in some mills and
>111) '''ill 1'®''® Ihcir niill
l^iy.'"n contests soon.
(^^*h Walton is the champion
W „"'3rp division at the
W Meeting Mill. The first
'«P was James Clark and
ton runner-up John Dal-
Ray Pruitt won the champion-
f^P division with
/irTt^aS^ Rudy Coleman
first and second runners-up
respectively.
Towel Mill,
Elzie Collins is the champion
warp doffer. First and second
and Peter Jackson. Other
doffers who competed were Earl
Dean, James Evans and Wilson
Dunn.
At the Alexander Sheeting
Mill, Forest City, the champion
warp doffer is Tracy Gilbert
with Jerry Walker and Tommy
Kimbrell as first and second
runners-up. Also competing was
Scott Ledbetter.
At presstime, the doff-off in
(Continued from Page Three)
CU Assets Pass
$7 Million Mark
The Fieldcrest Mills Credit
Union showed substantial
growth in 1975 with a million-
dollar increase in assets. Total
assets at the end of the year
were $7,306,286, compared with
$6,215,832 the year before.
The Credit Union had 9,417
members as of December 31,
1975, a growth of 265 from last
year’s 9,152, The current
membership represents 79.4
percent of those eligible to join.
In the Eden mills and offices, an
outstanding 93.6 percent are
members of the Credit Union.
Dividends on savings paid in
1975 totaled $363,742, compared
with $322,387 the previous year.
The 1975 payments make a total
of $1,928,145 the Credit Union has
paid in dividends since its
organization in 1958.
The current dividend rate of 7
percent per annum represents
the sixth increase in dividend
rates since the Credit Union
began. This is the highest rate
obtainable on this type of sav
ings.
In addition to steadily increas
ing the dividend rate, the Credit
Union on January l, 1976,
lowered its interest rate on loans
to 9.6 percent annual interest
rate, or eight-tenths of one
percent per month on the unpaid
balance.
The above figures are from the
report on the financial statement
given at the Credit Union’s
annual meeting January 30 in
the conference room at the
General Offices, Eden, The
financial statement is printed
elsewhere in this issue of The
Mill Whistle.
L. E. Chewning, president of
the Credit Union, presided and
(Continued to Page Three)
Scholarship
Deadline
Those planning to apply for a
Fieldcrest Scholarship are
reminded that the deadline for
submitting applications is
March 1.
The Scholarships at the
Columbus Towel Mill, formerly
granted by the Muscogee
Foundation, will be granted by
the Fieldcrest Foundation in
1976.
The applications being ac
cepted now are only for scholar
ships leading to an under
graduate degree at a four-year
college or university. The
scholarships are worth $4,800
(Continued to Page Three)
Appointments Announced
In Karastan Sales Division
w. T. Barton has been named
a division vice president and
director of sales in the Karastan
Marketing Division, according
to an announcement by Francis
X. Larkin, president of the
division.
Mr. Barton comes to Karastan
from the Utica division of J. P.
Stevens, Inc., where he had been
most recently marketing
director for sales and
merchandising. He had been
associated with J. P. Stevens for
22 years.
Mr. Larkin also announced
that George H. Kim has been
promoted to division vice
president and general sales
manager for the Eastern sales
region of Karastan.
Mr. Larkin >noted that Mr.
Barton brings to Karastan a
strong marketing background in
the home fashions field. He
stressed Mr. Barton’s special ‘
experience in sales organization
and development of retail
merchandising programs.
After joining J. P. Stevens as a
sales trainee in 1954, Mr. Barton
was promoted to a number of
sales assignments and later
became Western sales manager
and then general sales manager
for the Utica division. He was
named marketing director for
sales and merchandising in 1973.
^ Mr. Barton is a native of
Georgia, and attended Georgia
(Continued on Page Three)
See Inside
See pages four and five of ;
this issue for pictures of
Fieldcrest’s newest Missoni
collection tailed “Mixed
Emotions.” This new col
lection of mix and match
bed and bath fashions can
also be used for decorating
throughout the house. See
how on pages four and five.