(Registered with U. S. Patent Office) Volume VII HIGH POINT, NORTH CAROLINA, FEBRUARY, 1956 No. 8 MESSAGE FROM ThE PKESIDEN1 , Employees Support U. S. Bonds Plan TO MY FELLOW WORKERS: One of the surprising facts about money is the way it grows when safely invested. Equally surprising is the way small sums become big totals when invested regularly. Both of these developments come true when a person resolves to become an investor in Govern ment bonds and regularly saves a certain sum out of his pay to apply to their purchase. So I would like to mention' this month the opportunity you will soon have to set aside part of your income in the federal securities known as "E Bonds" which can be purchased by sav ing as little as $2.50 each pay period. Or, should you perfer. any larger amount can be in vested. Then you become the owner of bonds of larger denomi nation or pay out on smaller bonds more rapidly. Already many members of the Anvil Brand organization have taken advantage of this Payroll Savings Plan. They authorize us to withold regularly a certain amount from their pay checks. For example, some wish to have a $100 bond and ask us to retain $6.25 each pay period. After 12 pay periods they promptly re ceive their bond worth $100 at maturity but for which they have paid only $75. Someone else may want a $50 bond, paying for it at the rate of $2.50 per pay period. In 15 pay periods he owns the bond, having paid $37.50 for it. Many people lose the advant age of opportunities like this be cause they feel that small amounts are too unimportant to save. But it is the accumulation of these small amounts whidh buys the bond. And since the Payroll Savings Plan was first developed, literally millions of people and families are comfort ably situated financially because (Continued on Page Two) SAVINGS BONDS REGULARS—Three members of the Overall Department are shown above as they were inter viewed about their U. S. Savings Bond purchases. All three have been purchasing bonds since the early ’40’s and are enthusiastic supporters of the savings bond payroll de duction plan. Standing left, is Myrtle Rook, and right, Letha Towery. Seated is Virginia Flynn Hodges. $> If the federal government needed three top salesmen for their U, S. Savings Bonds drives, they wouldn’t have to go further than Anvil Brand’s Overall De partment. The wisdom of saving through the payroll deduction plan of savings bonds, was lauded by these three women who have bought bonds almost consisently since the payroll deduction plan went into effect. And two of these women, Vir ginia Flynn Hodges and Myrtle Rook have cashed in bonds at opportune times to assist them in important financial transactions in their lives. Letha Toweiry of Rt. 1, James town, says she has been lucky enough to avoid cashing in any of the bonds she has purchased since she started the plan in 1943. “I don’t plan to cash them in as long as I work, if I can help it,” she said. Virginia, who now lives at 705 Grace Street, started buying bonds in 1944 after coming to work with Anvil Brand in 1943. She cashed in some to help pay for a home, but now is trying to keep the bonds she buys invested so they will keep drawing that (Continued on Page Two) Rickard Gets Service Award Roy Rickard, who came to work with Anvil Brand in 1927 as an inspector, was one of eight supervisory employees who were honored with “Continuous Serv ice Awards” at a recent meeting of High Point’s Industrial Man agement Club. In the 28 years Roy has been with the company he was ad vanced from jobs which included inspecting, picking orders, work ing on the floor, receiving at the warehouse and production units in shipping to his present posi tion of assistant traffic manager. The awards meeting was held at the YMCA when Charles R. Sligh, Jr., of Grand Rapids, Mich., was guest speaker, and talked on a “Foreman’s responsibility” and (Continued on Page Two) ■5?