lOTOFAX
BREVARD PLANT
PHOTO PRODUCTS DEPARTMENT
VOL. 14, NO. 1 JAN./FEB., 1981
‘. T
** '.'■ •5'®-’’•■'*■';' 5-*i
nAV AT TUE I AIT’S is cool. The early morning air is 30'". Carrying fish to the waiting trucks
mu VINU U/KT I I HE L#%IVB difficult by a heavy frost on the dam.
FISH STORY;
WHAT HAPPENED
AT DERA LAKE?
A BROKEN VALVE drained
DERA Lake and launched a two day
effort to save the fish.
A broken drain valve at the bottom
of DERA Lake resulted in a "capture
and relocate" operation worthy of a
television show.
Each year the drain valve is opened
to reduce the lake level enough to pre
vent freeze damage to the dock. This
year the valve refused to close, and the
fishing committee watched with increas
ing concern as the level sank lower and
lower.
Mechanics tried for hours to repair
the valve, but it isn't easy to wotk on
something you can't see, concealed by
1 O Q n. NEWS, BAD NEWS;
I ^ O V. CONFIDENCE IN FUTURE
On Jan. 19, the DuPont Company
reported preliminary earnings for 1980
of $4.83 per share of common stock, a
decrease of 25 percent from the $6.42
per share earned in 1979.
Preliminary net income for 1980
totaled $716 million, compared with
$939 million in 1979. $ales in 1980
were up 9 percent from 1979, reflecting
an increase of 15 percent in average selling
prices but a 5 percent decline in volume.
Chairman Irving 8. Shapiro said,
"The year's results for DuPont reflect
the sharp decline in the U.S. economy
and weakness in certain major interna
tional markets. In addition, higher pur
chase prices for raw materials and energy
were not fully recovered through selling
price increases. Raw material and energy
increased about 30 percent in 1980,
compared to the 15 percent increase in
average selling prices."
Sales outside the U.S. in 1980 were
17 percent over those recorded in 1979.
The increase over last year was due to
higher average selling prices as volume
remained at about year-ago levels.
Preliminary international net income
in 1980 was 34 percent below 1979,
I'esulting primarily from recessionary
conditions in Europe, a business slow-
own in Canada, and lower profitability
trom exports.
Domestic sales were up 5 percent
over 1979, reflecting a 14 percent in
crease in average selling prices partially
offset by an 8 percentdecline in volume.
Net income was $469 million, compared
with the $563 million earned in 1979.
Fibers sales for the year up 8 percent
from 1979. Preliminary fibers net
income was down because of weakness
in the second and third quarters and the
oil-related cost/price squeeze.
Mr. Shapiro sai4 "DuPont's chemicals,
plastics, and fibers businesses were
affected by the downturn in the U.S.
automotive and housing industries. Cer
tain specialized, high value-in-use pro
ducts within these segments held up
well, however, and the fibers business
showed strong recovery during the fourth
quarter. The specialty products segment
registered only a modest decline in 1980
because it is less dependent on petro
chemical raw materials and less reliant
on the automotive and housing industries
than DuPont's other business segments."
Commenting on the outlook for
DuPont, Mr. Shapiro said, "We are
pleased with the improvement in our
businesses from the low point of last
July. Results over the next several
months will depend largely on the rate
of general economic recovery in the
U.S. and Europe. We remain confident
about DuPont's competitive position
and future prospects as business condi
tions improve."
15 feet of swirling, rushing water.
At last, it was obvious that the fish
would have to be caught and moved to
better quarters. Fortunately, the prob
lem had created part of the solution:
draining water had washed out a deep
basin below the dam.
A fence across the stream leaving the
pool contained the fish; and members of
the DERA fishing committee. Power &
Grounds and Plant Security worked
long, cold hours netting, carrying and
hauling fish to their temporary home in
a pond at the headwaters of the lake.
No real tabulation was made of the
number of fish moved, but 28 more-or-
less full 55 gallon drums were loaded
and hauled. Estimates range from a
conservative ton to an optimistic three
and a half tons of fish saved.
One verifiable point was made by the
exercise. DERA Lake contained a great
many keeper-size bass, a good number
of nice trout and some invite-the-
neighbors sized catfish. Unsuccessful
fishers will have to find new excuses
next spring and summer.
; "in
M-
"I'LL CATCH, YOU CARRY, says Paul Owenby as BHIBarton loads
a bucket of bass to be moved to a holding pond above Lake DERA.
Address Correction Requested
Box 267, Brevard, N. C. 28712
Bulk Rate
U.S. Postage
PAID
Brevard, N. C.
Permit #66