THE MILL WHISTLE
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F-iet-DCResr !NC.
Planfs af Draper, forest CUy, GreenviUe, leaksvHle, Mount Holty, SalFsbury, Smifhfield,
Spray and WorthvHle, N. C.; Fieldale, Va.; Columbus, Ga. and Aubtirn, N. Y.
}^0L. XXIII
Spray, N. C., January 25, 1965
NO. 14
Credit Union Assets Total $1,241,S19
I
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Shown in front of Moose Lodge where Bloodmobile will be stationed January 29
from left to right, John G. Cunningham, co-chairman of Tri-City Blood Pro-
j Mrs. John T. Maclsaac, Jr., who will be in charge of volunteer workers; and
■ Lea, governor of Leaksville Moose Lodge 864, sponsor of the Bloodmobile visit.
Blood Donors Urgently Needed January 29
least 200 blood donors are urgent-
when the Bloodmobile visits
Vjj^J'^ville this week for its first 1965
(j.. - to the Tri-City area. The mobile
will be stationed at the Moose
Forbes Street, Friday, Jan-
y 29, from 11 a. m. until 4:30 p.m.
he visit is being sponsored by Leaks-
6-Spray Lodge 864, Loyal Order of
ijj Members of the lodge are tak-
^ss' recruiting donors and
bg *®ting in various ways. Many mem-
^ of the Lodge plan to give blood,
the Virginia-Carolina Citizens
ffg Radio Club will again provide
transportation for donors who need
Any donor who needs transpor-
may telephone 623-7849 and a
*o-dispatched car will be sent.
The forthcoming Bloodmobile visit
will be an important one for the Tri-
Cities since the local blood program is
approximately 200 pints behind its quo
ta. Special efforts are being made to
obtain a large number of extra donors
in order to reduce the deficit.
Dr. L. Gordon Clarke, chairman of the
Leaksville-Spray-Draper Red Cross
chapter, has warned that greater com
munity support of the blood program
will be necessary if the present arrange
ment is to continue.
He appealed for a large turnout of
blood donors in order to bring blood
collections in balance with the usage of
blood for Tri-City patients.
“We have superb leadership; we have
(Continued on Page Five)
Dividend Rate Being Increased
To 4^4 Pe*" Cent; Financial
Report Given At Annual Meet
The Fieldcrest Mills Credit Union ex
ceeded the million-dollar mark in 1964
and ended the year with $1,241,819 in
total assets. This compared with $847,-
349 in assets at the close of the previous
year and represented an increase of
nearly a half-million dollars.
The financial statement was presented
at the annual membership meeting Fri
day afternoon, January 22, at the Con
solidated Central Y.M.C.A. by William
B. Lucas, president of of the Credit
Union.
Mr. Lucas announced that the Board
of Directors of the Credit Union had
authorized raising the dividend rate
from 4 per cent to 4^4 per cent per an
num. He said the directors, after care
ful consideration, felt that the soundness
and the operating level of the Credit
Union justified increasing the return on
the money deposited in it by the mem
bers.
The Credit Union’s position is sounder
than ever before, with cash reserves and
undivided profits totaling over $112,000,
he said. He pointed out that the increase
in the dividend rate is in line with the
Credit Union’s policy to render service
to its members and continue to pay a
good return on the money they place in
the Credit Union.
The Credit Union had 5,775 members
at the end of 1964 as compared with
4,051 at the beginning of the year.
A total of 4,896 loans were granted to
(Continued on Page Four)
Never Off Payroll
Four Towel Mill employees
whose service anniversaries are
noted in the story on page six
have exceptional records in that
none has even been off the pay
roll. Thsy are James C. Hall, 45
years, Robert F. Barrett, Hoyt I.
Gilbert, and Annie K. Taylor, each
with 40 years.
In addition, William C. Joyce,
of the Bedspread Mill, also has
worked his entire 40 years without
ever being off the payroll since
his initial employment.