Newspapers / The Fieldcrest Mill Whistle … / Jan. 11, 1965, edition 1 / Page 2
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why Spend So Much? The textile industry’s expenditures for new plants and equipment in 1964 totaled approximately $760 million. That’s an awful lot of money. It’s far more than the government will allow as a tax credit on buildings and machines. It’s a big chunk of the total profit the industry made in 1963 when, as a whole, textile companies could call less than three per cent of their total sales receipts “free and clear”. It’s an amount greater than the sales of all but one of the many American textile companies. Why go through all the agony of planning to spend that much money if it’s more than the government allows for depreciation, more than the total sales of every individual company except one, a measur able piece of total industry profits? Why spend it? For nearly 175 years, the textile industry has been developing itself as a modern, progressive, dynamic industry. It intends to stay that way. Use Of Cotton Increases Cotton consumption by American textile plants is expected to be higher during the 1964-1965 crop year than at any time since the Ko rean conflict. The U. S. Department of Agriculture has predicted the use of 9.6 million bales between August 1, 1964, and July 31, 1965. If the prediction comes true, it will be the biggest year for the use of cot ton in textile manufacturing since the 1950-1951 season. The one-price cotton program is one of the major reasons behind the bright outlook. The program provides that, for the first time since 1956, American textile companies may buy American cotton at the same price it is sold to foreign textile manufacturers. Two Receive Promotions At Slieet Finisliing ■T f v>^ , MACK C. McDANlFX In organization change* at the Sheet Pinleliing Mill, Spray, effective January 1, Mack C. McDaniel was promoted frotil second hand to assistant foreman in the Cutting and Sewing Department and Jasper J. Tilley was promoted from seCiJnd hand to assistant foreman in the Packaging Department. Mr. McDaniel was born at Axton, Va., and was first employed as a sheet tear- cr in 1947. He has worked in the Cutting and Sewing Department for most of the years since that time except when he was in military service. He worked as a JASPEK J. TILLEY service operator on the automatic sew ing machines and was a machine fixer for several years. He had been a second hand since 1961. Mr. Tilley is a native of Rockingham County and first joined the company as a filling carrier at the Synthetic Fab rics Mill in 1955. He has worked in sheet finishing operations since 1957, includ ing sheet spreader and cutter, service operator and later as a carton packer. He became a second hand in the Pack aging Department in 1963 and served in that capacity until his recent promotion. [TH E M ILLWHJSilil Issued Every Other Monday For Employe** and Friends of Fielderest Mills, Inc., Copyright, 1965, Fielderest Mills, Inc. Spray, N. C. OTIS MARLOWE EDITOR Member, South Atjanti' Council Of Industrial Editors ADVISORY BOARD D. F. Carson J. M. Moore J, L. Crabtree J. M. Rimmer C. A. Davis S. R. Thomas J. S. Eggleston J. T. White R. O. Howard, Jr. Brigi’* REPORTING STAFF Alexander Sheeting Mill vlifoK Paulme Automatic Blanlet Plant Bedspread Mill Edna Hopp.^j Bedspread Finishing Mill Ann Blanltet Mill Katherine Dicksoj Groga" Gladys Holland, Katherine Karastan Mill Central Warehouse Geraldine Draper Offices Mamie Oick> General Offices Hilda GroS,^ Karastan Mill " hen* Karastan Service Center Mary Stepn ^ Karastan Spinning Div Mt. Holly Spinning Mill Elizabeth or Muscogee Mills Mildred Newsonn New York Offices Betty Uenc’. Nye-Wait Division Mary SP y Sheet Finishing ihert Sheeting Mill R*'.*'’ Towel Mill Faye Warren, Fannie Huno Vol. XXIII Mon., Jan. 11, 1964, No. 13 fpERVICE ^^i^NNIVERSARlBS Forty-Five Years , . Ollie C. Hall Bedspread FinisluO Forty Years j Robert F. Barrett Hoyt I. Gilbert Tof Tommie M. Smith Sheet^“ Joseph H. Hampton Finish*^ George Z. Waller Miisco^ Thirty-five Years j Eula M. Skipper Muscog , Floyd H. Bryant ToW Thirty Years jj John V. Guiney vet James T. Wilson Blan> Twenty Years ^ Enza H. Hall MuscogJ, Harvie B. Lewis Tow William Barnes Muscob , Jesse E. Murphy Bedspre^ Helen P. Robertson General Offt^ Fifteen Years . j Zelda T. Ferris General Mary L. Hughes MuscoS Vandy L. Wilson MuscoS . Willard U. Fulton Bedspr® Lee Roy Grant : Karast^ Ten Years .j John W. Craig Estelle B. Toler Karas^^ Carles O. Frye feedspr^^^t Robert F. Sambleson .... Autd. Blao^j, Ronnie L. Buckner Grady R. Chaney Frank W. Roberson Karas Estelle G. Flynn Muscof Henry W. Nelson KaraS^^j Viola C. Griffin Reba M. Mitchell Karas^^j William Kendrick T>w ]3 THE MILL WHISTI"
The Fieldcrest Mill Whistle (Spray, N.C.)
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Jan. 11, 1965, edition 1
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