Rubber Products
The Family Budget
Your Records-Keeping
Better Than Penny-Pinching
If 1962 is your year to get
ahead financially, then start
early to begin keeping closer
tab on money that comes in
and goes out. Bright advice from
the American Bankers Associa
tion.
Usually, it’s record keeping—
not penny pinching—that gives
one family the financial edge
over others with comparable in
comes. “Where did it all go?”
signals a family whose money
is not buying nearly all that it
should.
Families who know where its
money went, can plan next
month’s finances on the basis of
last month’s experience. Put
first things first, meaning the
big important purchases that
must be planned for.
Another workable idea: Go by
the record and spend to suit
yourselves, not the formula
budgets that allow 10 per cent
for this and 15 per cent for that
— often allowing nothing for
“extras” such as a phonograph
record or a birthday present.
MOST FAMILIES who start
keeping careful records after
years of free-for-all spending
find that their monthly “conso
lation purchases” sometimes cost
more than the things they really
want but haven’t afforded.
Sometimes people who don’t
keep track of their money, buy
things they can afford for no
better reason than that they
can’t afford things they do want.
For example, there is the
woman who bought a new wash
ing machine on the day her hus
band decided they couldn’t af
ford a grand piano. It leaves this
conclusion; A new washing ma
chine this month, new draperies
next month and lawn furniture
the following month can add up
to more than a grand piano
costs.
A better way for this “ex
ample’' family: Decide how
much they could afford monthly
toward their piano and then
either save that sum each month
in a special-purpose account or
arrange a loan that would allow
them to repay monthly what
they could afford.
Some families realize that
they have been practising false
economy. Car upkeep is a good
illustration. With figures of what
you spend to keep the car on the
road, you may discover you
spend more than payments
would cost on a new car.
And there’s the husband who
daily pocketed transportation,
lunch and coffee-wagon ex
penses from the household kitty.
After a while he discovered he
was spending more for his sec
ond-breakfast coffee than he
needed for the new-suit pur
chase he’d been putting off.
THESE FURTHER suggestions
will help in managing your
money in 1962:
Your bank can do most of
your record-keeping for you. If
you pay for things by check,
your monthly statement and
your cancelled checks (often
presented in file-folder en
velopes “for the record”) will
furnish a continuous account of
the way your family spends its
money.
For major purchases, arrange
special - purchase savings ac
counts and watch the money
mount toward your purchase
payday-after-payday.
When there’s something you
have your heart set on getting
no later than quitting time on
Friday, pay for it with an in
stallment loan from your bank.
If you keep all of your install
ment payments in your bank’s
loan basket, you can’t go over
board. The people at the bank
won’t let you.
Of The Passing Scene
Join Fun With Square-Dance Group
Want to learn how to “swing
yo’ pardner”? Or maybe, just
limber up a bit? Employees here
have a special invitation to join
a Firestone group for some wes-
tern-style square-dancing at the
YMCA.
Layer Of Red
Is A Reminder
A layer of red rubber is now
being added between the tread
and cord body in two-ply Fire
stone tires. It becomes the safe
ty shield that is a reminder that
tires have reached the danger
point of wear. Also, the red
shield is a guide to the retread-
er, preventing tire damage dur
ing the buffing operation.
Two-ply tires can be retread-
ed as easily as four or six-ply
tires, and will be of “original-
equipment quality,” according to
J. E. Hynds, manager of tread
ing and repair-material sales for
the company.
Firestone has produced two-
ply tires as original equipment
for some of last year’s compact
models and is producing them
for the 1962 model standard-size
automobiles.
Several years ago Firestone
had a folk-dancing team that
gained considerable recognition
for its exhibitions at sports
events and other gatherings.
The “remnant” of that team
would like others to join it at
the Y, beginning about mid-
January. For details, see Ralph
Johnson in Industrial Relations.
The red Safety Shield is not
the only improvement in con
struction of the Firestone two-
ply tire. Others include a new
method of locking the beads in
to the tire, nylon reinforcement,
a new curing process, increased
strength in body cord, and a
new tread rubber.
☆ ☆ ☆
Vending machines that give
you fish food instead of “good
ies” are operating at two fish
hatcheries in New Mexico. In
stalled by the Department of
Fish and Game, the dispensers
have become popular with visi
tors who like to watch the fish
churn the water for the food.
Money collected is turned over
to the Department’s general
fund.
Tir«$tone MSWg
January, 1962 Page 6
YOUR DIMES
AND DOLLARS
Will Do It Again
SAY YES
to the new
MARCH OF DIMES
Kiwanis President
Manager of sales John V. Dar
win took office as president
of the Kiwanis Club Jan. 1, 1962.
He succeeds Dr. Woodrow Sugg,
superintendent of the Gastonia
city school system.
The Firestone executive was
unanimously elected by his fel
low Gastonia Kiwanians late in
1961, to move up from vice
president.
Mr. Darwin is a native of Gaf
fney, S. C. He attended high
school there where he played
football and tennis. In 1933 he
was graduated from Duke Uni-
Company Going
To Uruguay
Firestone and a company
Uruguay, South America have
joined in a technical-assistance
agreement for production of tires
and a variety of other rubber
products.
Fabrica Uruguaya de NeU-
maticos Sociedad A n o n i m a
(FUNS A) in Montevideo will
continue to build tires under the
FUNS A name as well as to
manufacture Firestone t i r e s.
Firestone will also open its oWi>
distribution outlet in Montevideo
to market tires and other prod
ucts which FUNS A produces foi
Firestone.
The contract provides that
Firestone will furnish tech'
nicians for the plant so that Fire-
stone production methods can he
followed. FUNS A, with about
2,500 workers, is the largest iO'
dustrial concern in Uruguay. It
has operated since 1936.
Uruguay is one of seven na
tions which are members of the
potential Common Market oi
South America. The organiza'
tion, patterned after the Euro
pean Common Market, also
eludes Argentina, Brazil, Chile>
Mexico, Paraguay and Peru.
versity where he was a membei'
of the Delta Sigma social fra-
ternity.
Mr. Darwin has operated hi^
own business, has taught school)
and was employed by a textile
mill at McColl, S. C. before corO'
ing to Gastonia in 1939. Fof
four years he was a department
manager at a local motor-tranS'
port company, and joined th^
Firestone plant staff here
1943.
Company's
Latest:
BETHUNE
PLANT
PRODUCING
TIRES
AND TUBES
The company's lalesl plant is
a multi-million-dollar manufac
turing facility in France. The
Bethune unit — said to be the
most modern tire plant in the
world—is Firestone's 24th tire
plant. 18 of which are outside
the United States. The plant, in
production since last summer, is
turning out more than 1,000 tires
a day, including passenger, truC^^
and tractor lines. The compaHl^
also is building a factory
processing synthetic rubber
Port Jerome, France.
Tax Statements On The Way
FIRESTONE TEXTILES
P. O. BOX 551
GASTONIA. N. C.
It’s tax time again — at least,
time to start on the yearly
routine of meeting the State and
Federal obligation.
Since North Carolina has
withholding-tax laws, employees
here will soon receive their
withholding statements from the
plant payroll office. This state
ment and also the Federal (W-2)
form will be furnished wage
earners during January.
“Take good care of your State
and Federal tax statements,”
urges payroll supervisor Mrs.
C. B. Wilson. “And when getting
ready to file your returns, care
fully follow instructions on the
back of each form.”
POSTAL MANUAL
SECTION 134.1
U. S. POSTAGE PAID
GASTONIA, N. C.
PERMIT NO. 29
Form 3547 Requested
THE LIBRARY OF UMC
CHAPEL HILL, K. C.