Newspapers / Fotofax (Brevard, N.C.) / April 1, 1984, edition 1 / Page 1
Part of Fotofax (Brevard, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
FOTOFAX BREVARD PLANT PHOTO PRODUCTS DEPARTMENT ip FOCUS: Records Are To Build On There is reason to be pleased with our safety performance. The Board of Directors safety prizes are attractive, and our Safety and Fire Protection survey is very good. We can take pride in both accomplishments, and you are to be con gratulated for your part in them. Certainly it is appropriate to recognize our success as a team, in win ning the latest award. Individual recognition, such as the recent first quarter off-the-job safety prize also seem reasonable. On the other hand, one may logically question our celebrating good safety performance when we continue to have injuries, both on and off the job. The DuPont safety philosophy is that all injuries can be prevented, and I believe this can be accomplished if each of us adopts the correct safety standard—that any injury, to any person in any time period, is one too many. Our safety record is solid evidence that the job can be done safely, but it is also a record which can be improved. The only truly acceptable safety performance is zero injuries, on the job or off. NEW EE BOND RATE 9.38% Savings Bonds “Better Than Ever” ^ In Latest Adjustment Period ^ ^ A The market-based rate for Series EE Savings Bonds issued between 11/1/83 and 4/30/84, is 9.38%, according to Katherine D. Ortega, Treasurer of the United States. This is the third semi-annual rate to take effect since market-based variable rates were introduced in 1982, and is a significant increase over the May to Octo ber rate of 8.64%. Older series EE and E bonds and U.S. Savings Notes also receive the new market-based rate for the 6 month period, says the Treasurer. All bonds must be held at least 5 years from date of purchase to receive the variable rate—Savings Bonds redeemed (or reaching final maturity) before being held at least five years from November 1 of 1982 earn interest on a fixed scale. New bonds are guaranteed to earn a minimum of 7.5% per year, compounded semi-annually, if held five years or longer. Series E Bonds issued 5/1/41 through 11/1/43, and Series H Bonds issued 6/1/52 through 3/1/54 have reached final maturity and no longer earn interest. The new variable-rate bonds are one of several investments you can make through your DuPont Savings and Investment plan—for more information, call Ann Whiteside: 885-5418. Vol. 17, No. 2 cHU) THE COMPANY: Earnings Up, Business Better Although competitive pressures on the Brevard Plant are intense, busi ness as a whole is improving for the DuPont company—good news for Thrift Plan participants and other stockholders. The directors have declared a sec ond quarter common stock dividend of 70 cents per share, payable June 12 to stockholders of record as of May 15. Holders of preferred stock will re ceive $1.12V2 per share on $4.50 se ries, 87Vz cents per share on $3.50 series, payable July 25 to stockholders of record as of July 10. DuPont’s first quarter net income for 1984 is 84% above first quarter 1983, with sales up 8% over the same period last year. 1983 sales repre sented 67% of the company’s manu facturing capacity, as compared to 78% currently. Fibers and Polymer Products have shown the greatest gains. Commenting on first quarter re sults, Chairman Edward G. Jefferson said, “Results for the first three months mark the sixth consecutive quarterly increase in earnings. The substantial improvement in earnings over last year’s first quarter reflects higher volume, as well as achieve ment of lower breakeven levels and increased productivity.” Earnings per share were $1.55 for this first quarter, versus 85 cents in the first quarter of 1983. In summary, Mr. Jefferson stated: “Operating rates continue at good lev els for the chemicals, plastics and spe cialty products businesses. The energy businesses are benefitting from eco nomic recovery, stability in worldwide crude oil prices, and strong perform ance in the coal operations. “Results for the first quarter reflect ed good progress which is continuing on into the second quarter.” 1984 EMPLOYMENT POLICY STATED It is the policy of the Brevard Plant not to discriminate against any employee or appli cant for employment because of age within statutory limits, race, religion, color, sex, han dicap, national origin or ances try with respect to hiring, pro motion, demotion, transfer, re cruitment, termination, rates of pay or other forms of compen sation and selection for train ing, including the Apprentice ship Program. Address Correction Requested Bulk Rate Box 267, Brevard, N.C. 28712 U.S. Postage PAID Brevard, N.C. Permit #66
Fotofax (Brevard, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 1, 1984, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75