! Fieldcresters Give
l^lood At Spray Apr. 6
L|j*ghty-two donors from Fieldcrest
i gave blood Monday, April 6, when
L', Bloodmobile was stationed at St.
. Episcopal Church in Spray. The
® donations by Fieldcresters ac-
for 68 per cent of the total of
i.^Very Fieldcrest plant in the Tri-
viras represented among those who
blood. Also furnishing donors were
Credit Union Members Increasing Savings
General Offices, the Fieldcrest
the Karastan Service Center, the
Crew, Pilot Plant and the Me-
. "cal Development Department,
Ashing Mill furni
j,.“6r of donors, 21.
^Mcresters who qualified for mem
*^P in the One Gallon Club were
^ ®fd Cochran, of the Beck Dye De-
**ient at the Finishing Mill; and Jim
I)'*^an, Purchasing Department.
Bradford and Gaynell Woodall,
Finishing Mill, and Mildred Cole
- ®ggy Shockley, Sheet Finishing
jj’ served as volunteer workers.
vj^J^an Young, co-chairman of the
Blood Program, expressed ap-
j^^tion to all of those who gave
^ and to the many volunteer work-
|/)^j^ho assisted. - He thanked David
] ^ and Oscar Mills for their work
V ^cruitment chairmen for Spray and
^bers of the Virginia-Carolina Citi-
Band Radio Club for providing
' ^^■ansportation for donors.
With fatter paychecks due to the cut
in federal income tax rates, some Field
cresters are stepping up their weekly
savings in the Credit Union. These in
creased savings are helping them to
build larger “nest eggs” for the future
and are earning them greater dividends
on their share accounts.
W. B. Lucas, president of the Field
crest Mills Credit Union, commended
those members who have taken advant
age of the tax cut to enlarge their week
ly savings deduction.
“The purpose of the Credit Union is
to help its members to save and to make
Since purchasing Kimberly Yarn
Mills at Mount Holly just one year
ago, Fieldcrest has spent over a
half-million dollars on improve
ments to provide greater efficiency
and economy of operation, higher
quality and more attractive work
To leam more about this plant
which is now the Mount Holly
Spinning Mill, making combed
yarns for the Towel Mill, and to
see highlights of the improvement
and expansion program, turn to
picture-story on pages four and
five of this issue.
low-cost loans available to them when
they need to borrow money. The Cred
it Union has no other reason for be
ing,” Mr. Lucas said.
Because the company makes it easy
to save systematically by deducting the
employees’ specified savings from pay
checks, a large number of Fieldcrest
people are saving regularly in the Cred
it Union who otherwise would not be
putting aside any savings out of their
earnings, he said.
Mr. Lucas pointed to the spectacular
growth of the Credit Union since it was
organized at the Leaksville-Spray-Dra-
per plants and offices in 1958. It was
subsequently extended to all North
Carolina and Virginia plants and to sales
personnel at all locations.
In recent months, membership in the
Credit Union was opened to employees
of Muscogee Mills, in Columbus, Ga. To
date approximately 700 Muscogee em
ployees have joined.
The Credit Union has paid a four per
cent per annum dividend on savings
each six months since it was organized.
Total assets have been increasing at the
rate of about $200,000 a year and are
now approaching $1,000,000. The Credit
Union had 4,911 members at the end of
March and membership continues to
Mr. Lucas extended an invitation to
all Fieldcrest employees who have not
joined to become members and enjoy
the benefits of the Credit Union.
^Pray blood collection, Lucy Bradford of Finishing Mill, William Brannock, of the Bleachery, arrives to give blood and
, '''as a volunteer vi'orker, serves refreshments to blood donor has coat taken by Mildred Cole, of Sheet Finishing, another
*'*'eth Barrett, of Leaksville, who is in the Air Force. volunteer who assisted.