)nce Wins
Medal
■fVey
student, won
. ,^^dal as a ra
THE MILL WHISTLE
Eden, N. C., August 16, 1976
No. 3
Montreal
Glance, 19-year-old
rim ^ member of the
, p U.S. Men’s 400-Meter
at the Summer
Games held in
" ^ finalist
'^■ineter dash and was
American in that
,*’®lorning home from
fedK was further
w ^ being selected South-
ijgi,^?nference Athlete of
At a banquet in Baton
if’ ^3., he was presented a
wP*®lter, and Auburn
enp« presented $2,000.
1 honor to be conferred
■Vev c ® special
lep Glance Day” planned
av A City Jaycees for
U; August 27.
tty'.^lso competed in the
Irack meet held on
9nd 7 at College Park,
itep be was also a
[ the winning U.S.
r»0 placed third in
iJ^'^eter dash.
ifjj's the son of Mr. and
I I’eeler Glance of Phenix
U. S. Savings Bonds
Drive OpensToday
''ued on Page Seven)
Harvey Glance, left, with his father, Wheeler Glance
Fieldcrest employees will
“Take Stock in America” this
week when a company-wide
campaign on behalf of U.S.
Savings Bonds will be conducted
August 16-20.
Under the arrangement in
effect this week, employees may
sign up for the purchase of
Savings Bonds right in their own
departments by contacting the
immediate supervisor.
Haven H. Newton, vice
president of industrial relations
who is chairman of the
campaign, said, “We would like
to substantially raise our
percentage of participation in
the Savings Bonds program,
made especially convenient by
the Payroll Savings Plan.
“The Bicentennial year is an
appropriate time to increase our
participation. This program is
important to our country and I
hope that many non-participants
will join their fellow employees
and the millions of other
Americans who already are
buying U.S. Savings Bonds. It’s
an investment in your — and
America’s — continued inde
pendence,” Mr. Newton said.
The Payroll Savings Plan
offers employees an opportunity
to participate in a safe,easy way
to build a savings program. The
steady accumulation of savings
set aside in this automatic
manner helps make it possible to
realize many objectives — a
college education for your chil
dren, payment on a home, extra
retirement income, etc.
Series E Bonds can be
purchased in denominations of
$25, $50, $75 or $100 at a cost of
$18.75, $37.50, $56.25 and $75
respectively. 'Their interest rate
is 6 percent compounded
semiannually when held to
maturity of five years.
Through the Payroll Savings
Plan, a specified amount can be
withheld from a check each pay
period and applied toward the
purchase of bonds. As soon as
enough has been withheld to
purchase a bond, the bond-will
be automatically mailed to you.
You can obtain more informa
tion about U.S. Savings Bonds
and sign an authorization card
for the Payroll Savings Plan by
contacting your immediate
supervisor.
Rug Showroom
Pens In Chicago
_ Ijlj^
i)(]gl''''9tory” of concepts for
’'etit carpet or de-
tg^^^^ore was unveiled in
Karastan opened its
65 '“'andise Mart during
oiie market.
>h,
nt
Its ' ^ the Mart’s original
j Karastan had been
'ts former space for
^ars.
® At Stores
' ^inal Week
aom at space 1873 in
j’s the final week for
eij^aier sales at the
il Stores in Eden
Isj ^alumbus, Ga. The
Saturday, August
>lo
e ■ -ayees are invited to
tsk^bvantage of the
•fading values for back-
'^CK
ases.
or Christmas
hours are from
ij,, — 5 p.m. Monday
Saturday.
Commenting on the move,
Francis X. Larkin, president of
the Karastan Marketing
Division, noted that Karastan
had been attempting to acquire
space for some time due to the
mill’s greatly enlarged product
line.
“We were operating in very
cramped quarters, and that is
one of the reasons we seized the
opportunity when much of Sim
mons Company’s large space on
the 18th floor became available.
“With this one move,
Karastan’s display facilities at
the Merchandise Mart jumped
from about 4,500 to 7,100 square
feel, a very sizable expansion.”
However, Mr. Larkin empha
sized, “This move was also
greatly motivated by our desire
to convert our Chicago
showroom into a flagship ‘model
retail store laboratory’ for our
dealers.
“The new, expanded space
gave us the necessary leeway
and flexibility to put into action
many of the display and
(Continued on Page 'Three)
Entryway leading into Karastan's new Chicago
showroom spotlights the new Tien .Ming Chinese
design rug by Karastan. Entrance leads
Grand Gallery shown in the background.
into
,-s*