Financial Statement
Given For Mutual Aid
(Continued from page one)
plaA that the association will be able
to operate “in the black” during 1962.
Officers of the United Mutual Aid
Association, who were elected recently
to serve during 1962 are as follows:
President, Glenn Simpson, Bleachery,
vice president, Dan Squires, Sheeting;
secretary, Clarence Martin, General Of
fices; and treasurer, Grissom Manley,
Finishing.
In addition to the officers the follow
ing are members of the board of di
rectors; F. Wade Younts, Bedspread;
Cleatus Hall, Bedspread Finishing; Rob
ert Adkins, Blanket; Kemp Newnam,
Central Warehouse; and J. B. Reynolds,
Karastan.
The board of directors is composed of
the chairmen of the various unit com
mittees which were elected by the mem
bership at the respective mills.
Members of the unit committees are;
Bedspread Mill—F. Wade Younts,
chairman; Perry Harris, vice chairman;
Willard Fulton, secretary; Billy McCol-
louch and Aubrey Purdy.
Bedspread Finishing — Cleatus Hall,
chairman; Roy Perry, vice chairman;
Norma Bateman, secretary; Mae Rich
ardson and Mildred Rickman.
Blanket — Robert Adkins, chairman;
Leonard Hodges, vice chairman; Paul
Shropshire, secretary; Fred Hall and
Floyd Strader.
Bleachery—Glenn Simpson, chairman;
Charlie Luther, vice chairman; Faye
Light, secretary; Eugene Purcell and C.
S. Stanley.
Central Warehouse—Kemp Newnam,
chairman; Louis Outland, vice chair
man; Nancy Powell, secretary; George
Krantz and Otis Ratcliff.
Finishing — Grissom Manley, chair
man; Kenneth Slaughter, vice chairman;
Lou L. Stophel, secretary; Sidney Cruise
and Ernest Rodgers.
General Offices — Clarence Martin,
chairman; R. L, Moore, vice chairman;
Faye Flinchum, secretary; Stanley El
lington and Ruth Robertson.
Karastan—J. B. Reynolds, chairman;
^oy Whitten, vice chairman; Bill High-
«11, secretary; Doris Leffew and Morris
"umer.
Sheeting—Dan Squires, chairman; E.
Stophel, vice chairman; Mamie Link,
Secretary; Willard Minter and Mary
Shelton.
FINANCIAL STATEMENT
UNITED MUTUAL AID ASSOCIATION
Providing hospital-surgical insurance for employees of
Fieldcrest Mills Inc., In Leaksville, Spray and Draper, N. C.
January 1, 1961 Through December 31, 1961
Your Association Received in 1961:
Dues and Other Income 9o
Transferred from Invested Funds 20’000;00
TOTAL $294,506.28
Your Association Paid Out:
ffilfandExpinses'::;:::::::
7S:oi
$294,774.73
Net Loss for Year’s Operation R ak
Your Association’s Total Assets on 0,^68.45
December 31, 1961: ^ 59,802.40
BOARD OF DIRECTORS
W. H. Yeatts Promoted To Assistant Foreman
The promotion of Walter H. Yeatts
from spooler fixer at the Sheeting Mill
to assistant foreman in the Winding
Department at the Bedspread MiU has
been announced, effective February 1.
He will be on the first shift for ab^ut
a month, after which time he will be
in charge of the second shift.
Mr. Yeatts is a native of Draper and
has close to 37 years of continuous
service with the company. He has never
been off the payroll since he was first
employed in 1925.
He worked the entire time m the
Spooling Department at the Sheeting
Mill. He was a warper tender from 1925
until he was promoted to spooler fixer
in 1943. He continued as a spooler fixer
except for working temporarily as as
sistant foreman.
Mr. Yeatts built a home near Cas
cade, Va., in 1941 and has lived there
since that time. He is a charter member
and deacon at the Willis Memorial Bap
tist Church at Cascade.
He is married to the former Miss
Florence Cobb, of Spray. They have
five children and six grandchildren.
Housekeeping Winners
Looms 58 and 59 tied for the Karas-
an Weave Room Housekeeping Award
Or the month of January. Weavers on
Loom 58 are Bud Roberts, Ilomer Fain
DeHart. Weavers on Loom
^ are Edgar Clark, James Roberts and
**obert Hundley.
'^he mill awards a certificate each
^onth to the loom which has the high-
^ total points in four housekeeping
^spections made by the supervisors.
^lONDAY, FEBRUARY 5, 1962
W. H. Yeatts, new assistant foreman,
(left) goes over report with C. R, Pat
terson, foreman, Bedspread Winding.
McGehee Gets Request
From Italy For Article
Written 20 Years Ago
Dr. William McGehee, director of per
sonnel research and training at Field
crest, recently received a request from
a professor at the University of Palermo,
Italy, for an article written by Dr. Mc
Gehee 20 years ago.
Professor G. Migliorino of the Labo
ratory of Applied Psychology at the
University of Palermo wanted a copy of
the article which appeared in the Journ
al of Genetic Psychology in 1942. The
article concerned the socio-economic
status of the homes of mentally superior
and retarded children and the occupa
tional rank of their parents.
Dr. McGehee, who was head of the
Department of Indusitrial Psychology it
North Carolina State College before he
joined Fieldcrest in 1947, wrote the ar
ticle from research in connection with
his graduate degrees. When the article
appeared, he was in the Navy and never
saw it until the war was over
In an instance of international co
operation, Dr. McGehee sent the Pal
ermo professor the article requested,
plus three others in the same general
area and asked that Professor Migliorino
send hirn reports of studies at Palermo
in the field of industrial psychology.
3