Employees Give $150,293
To Eden Unit^ Fund
^ieldcrest employees in the Eden
Ws contributed a total of
, y93.00 to
this year.’s Eden
Fund campaign during the
of October 10-14.
In
the
ont k —company
through the Fieldcrest
addition
uted,
ojf^ation, $10,000.00 for a
j contribution of $160,293.00
community-wide goal of
I^en ^ of 83 percent of Fieldcrest’s
air save or pledged a
g i'hare to the United Fund,
in,,, P^'cad Mill and Non Woven
>*oyees
agp had the highest percen-
fifcp f ^air Share givers with 96
Ivin*' employees out of 465
8 a Pair Share) and 99 percent
lij^^Ployees out of 77 giving a Fair
respectively.
The Bedspread Operation as a
whole had 93 percent of it’s
employees giving a Fair Share. The
Blanket Operation came in second
with 85 percent Fair Share givers.
In addition to the $150,293.00
contributed by employees to the
Eden United Fund, $501.92 was
pledged to various other United
Fund drives in the area: Stoneville
— 256.62; Reidsville — $51.30;
Martinsville — Henry County —
$78.00; Stokes County — $43.92; and
Danville, Va. — $72.08.
Drawings were held on Friday ,
October 28, among Fair Share givers
in each plant and at the General
Offices. Prizes were $20 gift
certificates for company
merchandise. Winners were as
follows:
Bedspread Mill — Roy Hailey,
Josephine Stump, Willie Moyer,
Tommy Minter, Howard Henderson,
Eric Smith, Gilmer Southern.
Bedspread Finishing — Ruby
Strader, Marjorie Strong, Sharon
Haizlip, Rita Walker, Betty Gauldin,
Melvin Ray bourne.
Draper Sheeting — Sina Robinson,
George Willis, Mary Shelton.
Sheet Finishing — Cameron
Garrett, Dona Lewis, Judy
Sheckells.
Blanket Greige — Ellen McDaniel,
Charlotte Gibson, Arnold Wall, Jr.
Blanket Finishing —James
Broadnax, Gerald Braham, Shiann
Willey, Floyd Meeks.
Non Woven
Leonard Jarrett.
John Mize,
Central Warehouse
Gibson, Michael Corum.
James
Karastan Rug Mill — Jesse Allred,
Irene Pendleton, Frances Bailey,
Richard Balser, Raymond Tucker,
Fannie Marshall, Barry Martin.
General Offices — James Smith,
Page Coker, Earl Boyd, William
Sawyers, Bobby Brooks.
The mill and staff departments
with 100 percent Fair Share givers
were:
Blanket Mill — Wool Picking,
(Continued On Page Two)
Teams Persevere
(Respite Downpour
Despite heavy rain, the highlight
of Alexander Sheeting Mill’s annual
family picnic was the fiercely
competitive softball game between
Weave and Yarn Manufacturing.
Above, Babe Kimbrell (Yarn
Manufacturing) prepares to knock
one out of the park. Catcher is Clint
Greenlee (Weave). The very official
looking umpire is W. F. Evans, Jr.
For the results of the game and
pictures of the picnic, see page
eight.
Record Quarterly
Earnings Achieved
In Third Quarter
Fieldcrest Mills, Inc. achieved the
highest quarterly earnings in its
history in the third quarter. Net
earnings were $5,376,000 ($1.44 per
primary share) compared to
$2,368,000 ($.64 per primary share)
last year. Third quarter 1976
earnings have been restated to
reflect the adoption last year of the
LIFO method of inventory valuation
for the carpet and rug division.
The announcement was made by
William C. Battle, president of
Fieldcrest Mills, Inc., who also said
that this earnings performance, an
increase of 127 percent, was
achieved on a 25 percent sales
increase. Third quarter sales were
$110,966,000 compared to $88,745,000
last year.
“Unfilled orders are
approximately 50 percent ahead of
last year. This leads us to believe
that the particularly strong perfor
mance of the third quarter should
continue at least through the fourth
quarter of 1977,” Battle said.