Savings Bonds Drive
Take^ck In America' This Week
i^ieldcrest employees are being invited to
Stock in America” this week during a
'^pany-wide U.S. Savings Bonds campaign
20 through June 24.
. During the campaign, employees may sign up
the purchase of Savings Bonds right in their
departments by contacting their immediate
%rvisor.
Fieldcrest campaign chairman Haven ^ H.
'^ton, vice president, Industrial Relations,
^id, “The purchase of Savings Bonds doesn t
represent an investment in our coimtry s
'‘ture; it also represents financial security for
of us.
“Every dollar invested in U.S. Savings bonds
helps to strengthen the national economy and
protects the value of everybody’s dollars.
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 children, payment on a home, extra
retirement income, etc.” he said.
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 may obtain more information about U.S.
Savings Bonds and sign an authorization card for
the Payroll Savings Plan by contacting your
immediate supervisor.
35
THE MILL WHISTLE
Eden, N. C., June 20, 1977
No. 23
Wements
^^ing Mailed
the next several days
J^crest will be mailing, for the
ter ^ statement outlining the
.fits employees have with the
^Pany. These statements have
Personalized, which means
, each of the approximately
.statements being released will
much information
.lining only to the employee to
in?' These state-
. ^ will be sent to the employee’s
e address.
l’’® caution! — retirement
J'hiation is provided, which will
meaningful to those nearing
5®ment age. For those who are
’'Car retirement, it will represent
low estimate of what you may
at retirement. It will be low
two reasons — the statement
Phies that the plan will not ^
j^oved (it almost certainly will
3nd, that your income will
V the same until retirement (it
i(j ^st certainly will not). Since the
J®ment benefit shown is based
your recent earnings and the
k. it now stands, it is obvious
u. ‘his estimate will be low. Some
fTyiduals will find no retirement
J^ction shown where their
in the plan is not long enough
p^'^ject even a rough estimate of a
th^ht. However, most of these
Ployees would have estimates
^jPded in the next statement,
j^ial Security benefits are also
based on a similar method of
^Continued On Page Seven)
Concerning Childhood immunization
A Message From William Battle
A drive to immunize 20 million American children under 15 years of age against polio, measles, rubella, tetanus,
dyptheria and whooping cough was announced April 6, 1977, by Mr. Joseph A. Califano, Secretary of Health, Edu
cation and Welfare. .
In a letter to me, Mr. Califano stated that President Carter had made comprehensive childhood immunization a
major goal of his administration. ....
Mr Califano asked for my help, along with the chief executive officers of other major corporations, in making
known to America’s millions of industrial workers the urgent necessity of an immunization program that will not
only save lives and prevent disability, but will also yield an Immeasurable future benefit.
The Department of Health, Education and Welfare is accelerating its efforts in childhood immunization, mainly
by assisting state health agencies and other organizations to expand their immunization activities. Information will
soon be available concerning the various state health agencies’ plans for this immunization effort.
I have discussed this program with Dr. Charles Young, our corporate medical director, and he advises in the
strongest terms that if you have children under 15 years of age who have not received these immunizations, make
sure that they receive them as soon as possible. Watch your local newspapers and The Mill Whistle for information
concerning the immunization program in your area. Dr. Young wiil see to it that current information is published in
The Mill Whistle. ^ *
Every single one of the preventable childhood diseases I have mentioned can cause death and most can pro
duce life-long physical or mental impairment such as paralysis, deafness, blindness, brain damage and mental
retardation. You can avoid this by seeing to it that your child participates in an approved, comprehensive im
munization program.
Closing Schedules For Vacation Period Announced
The Karastan Employee Cash
Sales Showroom in the AMP
Building will be closed Wednesday,
June 29 through Friday, July 8, for
inventory and vacation. The
Showroom will reopen at the regular
time, 1 p.m., on Monday, July 11.
Also, carpet may not be picked up at
the Karastan Service Center on
Friday, July 1. The regular Tuesday
and Friday pickup schedule will
resume on Tuesday, July 12.
The Employee Outlet Store in
Draper will be closed Monday, July
4 through Friday, July 8. It will
reopen on Monday, July 11.
The Fieldcrest Stores at Eden and
Columbus, Ga. will be closed on
Monday, July 4, for the
Independence Day holiday, but will
be open on their regular schedules
the remainder of the vacation week.
The annual summer sales at the
Fieldcrest Stores in Eden and
Columbus will begin today (June 20)
and continue through August 20.
The regular employee discount
will be applicable to the sale prices
in the Fieldcrest Shop. The Thrift
Shop wiU offer the usual excellent
values in irregulars, discontinued
styles, etc.
m