North Carolina Newspapers

    SEPTEMBER, 1959
T»r«$fon« sriwi
PAGE 5
Softball
Champions
THEY PLAYED WELL—Front row: Tommie
Sue Alkinson, Doris McCready, Frances Jones,
Dot Blalock, Vickie Bolick, Marion Turner,
Brenda Rawlins. Back row; Andrea Barnes,
Shirley Coslner, Brenda Carswell, Starlene Craw
ford, Doris Bradshaw, Juanita Rawlins, Patricia
Turner, Earlene Creasman. Members of team
absent from picture: Marlene Nivens, Pat Craw
ley, Emilie Edison, Betty Travis.
‘H’ Bonds Good Investment
The average citizen is familiar
with Series “E” U.S. Savings
Bonds, which are purchased at
75 per cent of their maturity
value. They increase in value
through the years, reaching full
value in eight years and eleven
months from date of purchase.
These bonds—which many Fire
stone people buy through the
payroll deduction method—yield
3^/^ per cent interest compound
ed semi-annually when held to
maturity.
“Are there types of govern
ment bonds—besides Series “E”
—available for investment by
the general public?” several em
ployees have asked.
At present, the only kind of
government bond other than
Series “E” for sale to individuals
is Series “H” Savings Bonds.
This is an investment-type bond
purchased at full face value. It
pays a current income by semi
annual interest check, and ma
tures 10 years from date of is
sue.
SERIES "H" bonds provide
an increasing investment yield
the longer it is held. A bond held
to maturity yields an average of
3V2 per cent each year. It is
redeemable at par value any
time after six months from date
of issue on one month’s written
notice.
Series “H” bonds are pur
chased only in amounts of $500,
$1,000, $5,000 and $10,000. They
can be bought only from Federal
Reserve Banks, but most banks
and other financial institutions
Flower Show
—From Page 1
Conservation Display
An added attraction will be
a display centering on the theme
of conservation of natural re
sources. Club president Mrs.
Wyatt Keever urges Boy Scouts
and members of other groups in
terested in conservation, to con
tribute to this exhibit. This por
tion of the show will not be
eligible for judging.
Horticulture exhibits are open
to Firestone employees and
members of their families, and
to all others living in the Fire
stone community.
Among other requirements
pertaining to entries:
Exhibits in horticulture class
es must have been grown by the
exhibitor. Potted plants must
have been in possession of the
exhibitor at least three months
before October 16.
Horticulture exhibits are to
be brought in milk bottles or
soft drink bottles.
A complete show schedule
with detailed information has
been distributed in the com
munity. Would-be exhibitors
who have not seen a schedule
may have a copy from the Plant
Recreation office.
People and PI —From Page 4
Electrician Gene Carson and members of his family are back
home after a week at Myrtle Beach.
Miss Jane Francum, daughter of Mrs. Rosie Francum, Shop,
Was in Washington, D. C., recently where she visited Mr. and Mrs.
John H. Thoni and son Stevie.
Banks Moore and little daughter of New York City, and Mr.
and Mrs. George Banks of Baltimore, Md., were recent guests in
the John Bryant home. Mrs. Banks and Mrs. Moore are sisters
of Mr. Bryant, employed in the sanitation department here.
People in the Warehouse have welcomed Edward Love as a new
Employee. Edward is working in the opening room.
Warehouse overseer Fred Morrow returned in August from a
^eek of vacation.
will accept and forward appli
cations for customers. All appli
cations must be accompanied by
the full purchase price of the
bond.
What is the primary purpose
of the “H” Bond? It is intended
to provide a current income,
with checks mailed to the own
er every six months. Note this
example;
On a $500 Bond the first check
(after six months) would be $4.
The next check at the end of
the first year would be $7.25,
and the next 18 checks would be
$8.45 each. You see, income
would be in proportion to the
purchase price of the bond.
This type of bond is especially
suited to those who are looking
forward to retirement and want
a safe, sure investment not sub
ject to market fluctuations, but
with a sure, steady income. It
carries the same protective fea
tures as the “E” Bond.
THIS LIST of various issues
of U.S. Savings Bonds explain
why Series “E” and “H” are the
only two available to individ
uals:
Series “A” and “D” were on
sale before May of 1941, when
they were withdrawn.
Series “E” Bonds have been
on sale continuously since May
1, 1941.
“F” and “G” Bonds were is
sued from May 1, 1941 to April
30, 1952, when they were with
drawn from sale. “H” Bonds
were first offered for sale June
1, 1952, as companion piece to
the Series “E” Bond.
Series “J” and “K” took the
place of “F” and “G” Bonds May
1, 1952, but were withdrawn
from sale April 30, 1957.
There are other types of
government securities which
must be purchased through
brokerage and security firms.
But the “E” and “H” Bonds are
the only kinds an individual can
purchase and own outright.
Although known by many
names since they first went on
sale — Baby Bonds, Defense
Bonds, War Bonds, Security
Bonds — they are all U. S.
Savings Bonds, backed by the
full faith and credit of the
United States.
All experience is an arch to
build upon.—Henry Adams
Firestone girls softball team
added the inter-industry league
championship to its list of ac
complishments for the 1959 sea
son. The plant team, coached by
Ralph Johnson, wrapped up the
season’s play in the Gaston
County Girls League with a
total of 28 victories and one de
feat.
The team captured the county
title in late August with 22 wins
in a row, winning the playoff
championship by taking six out
of seven games.
The girls’ scoring record for
the season was 555 runs to their
opponents’ 132, with an average
of 19.1 per game. Batting aver
age was .495.
Said coach Johnson: “Never
before have I seen such de
termination. With such an un
beatable spirit, I knew all along
the girls would win the title
they now hold.”
Firestone Money Promotes
Student Safety Program
Two high school students from each of the 50 States
attended a National Student Traffic Safety Conference in
Kansas City August 30-September 2. They met to work out
a plan of action which they can put into effect in their own
schools and communities, toward reducing traffic accidents
and promoting good driving attitudes.
This latest approach to the
problem of traffic safety is made
possible through a money ap
propriation by the Firestone
company.
Said president Raymond C.
Firestone: “We of the company
have been increasingly concern
ed with America’s growing traf
fic problem. We believe the solu
tion to the problem which is
claiming up to 40,000 lives each
year is in our youth.
Give Youth Guidance
And They'll Help
“We are confident that the
youngsters of America, with
proper guidance, can make an
invaluable contribution to high
way safety. That is why we are
supporting a program for youth
that properly originates in our
schools under the guidance of
qualified educators.”
The National Education As
sociation Committee on Safety
Education said that school, com
munity, and some state-wide
groups of teenagers have been
organized to combat the increas
ing toll of traffic accidents
among themselves and others.
Efforts of such groups have been
hampered by lack of a plan
which would allow these young
sters to join other student
groups, to compare notes on
what they have learned by ex
perience in their respective com
munities.
Driver and safety educatio''
courses in schools, says the NEA
Commission, have produced ex
cellent results in reducing traf
fic accidents among youngsters.
But many hundreds of thou
sands of boys and girls are not
yet included in such programs.
Young Drivers Need
'Safety Conscience'
Conference sponsors and the
students themselves believe that
much can be done by creating a
strong “safety conscience”
among new, young drivers. They
believe that young people do not
admire the few “show-offs” in
their group who give a “bad
reputation” to young drivers as
a group.
The driver education program
began during the 1958-59 school
year in many schools throughout
the country. The long-range plan
was outlined by the NEA’s Com
mission on Safety Education,
with guidance from a business-
industry and education advisory
committee, and financial support
from the Firestone company.
IDEAS
TODAY
    

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