Historical Newspapers of South Carolina

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DECEMBER. 1963 ?fHpHpBMHHpn top* ?g( Q. What is meant by a profit squeeze? A. A profit squeeze occurs when high operating costs either eliminate or severely curtail a company's profit margin and it cannot increase the price of its product without pricing itself out of the market. Q. What is the heaviest of the operating costs? A. In most industries, wages paid to employees represent by far, the heaviest of the operating expenses ? accounting for about 80 per cent of the cost of many industrial operations. Q. Are profits important to economic well-being? A. Profits and the hope of nrnfitc arp amnnir t Vio \ritn1 rm ^ 1, forces of our free enterprise system. When profits are high, as the record shows, we have "good times" and there are plenty of jobs. When profits are low, we have recessions and unemployment. When you buy Clin you get superior qucn ^ Clinton ( 111 West 40th St.. New What Is A COMPETITOR IS a pcrsoi up ways to give our custon When he finds out how, it wi better ways to keep our custc A competitor sometimes d friend is too polite to point 01 will take the time to advertise A competitor's ability sf Competitors are efficient, dili us look for ways to improve /\ competitor is never 10c the quality of our work decree he will prosper and everyone the effect. A competitor will take o helps make life worth living hold what we have. If we had no competitor incompetent, and just plain m ress. Our competitors make better ways and means of pre And, as a result of compet the biggest bargains the Ar Since 1947-49, the cost of food transportation, 45.7'; and n clothing bill, over the same f md Q. Should an employee be concerned about the profitability of the company for which he works? A. Obviously, since his very job is at stake. The people who have risked their hard earned money to finance the company cannot be expected to continue to pour their money into it unless there is a reasonable expectation of a reasonable profit. Q. Do profits go only to a a few? A. On the contrary they are widely distributed. More than 17,000,000 people are shareholders in America's corporations and the dividends they receive are paid out of the profits these corporations earn. T T 1 1 A ? 1 vjt. now mucn uo mausiriai companies make? A. Manufacturing corporations had an average profit of but 4.2 per cent on the sales dollar in 1961. Many textile operations' profits were considerably less. ' riton & Lydia fabrics, lity at standard prices. Cottons, inc. York 18, N. Y. (Area Code 212) LO 5-7300 Competitor? ^ who spends his time dreaming icrs better products and service, ill then be our turn to find still imers happy. loes more for us than a friend. A lit weaknesses, but a competitor 1 them. lould never be underestimated gent, and attentive. They make our cloth . . . and our service. > far away to affect our jobs. II ises, or our service is not prompt 1 at Clinton and Lvdia will feel ur business away if lie can. He ;. This keeps us wide awake tc s we would soon become lazy i good. Competition brings progus search and re-search for iducing superior quality cloth, ition, textile products are amont nerican public can buy today has risen 21.2' ; housing. 32.5'. ledical care, 59.6'.. The familv jeriod. has risen only 9.8'). THE CLOTHMAKER Do You Refuse to Listen? There are few adventures more satisfying than that oi discovering people with whom we can establish a relationship based on understanding. Keer pleasure is found in understanding, and in being understood. Too often the reasor we do not understand others is because we close our minds and refuse to listen. We builc up walls of our own p>et basic facts. When we resist change wc are confessing to having beer captured by age or prejudice regardless of our years. Peo pie with youthful minds ad juai. u u in c ptrupie icsis change because it is uncom fortable. No new idea can b< taken in without having t< make an effort. That is whn it takes so long for new in ventions to be accepted. Th< person marketing a new prod uct finds himself up agains closed minds and unwilling ness to change. Only those who are growing take constantly the attitude o seeking. When we refuse t< listen with our minds, growtl has stopped. This Must Be Understood Before we can understan< what is wrong with Commun ism, we must nave a clear cu knowledge of what is righ with America. As we list few of our beliefs, here in country that not only ha Christian ethics but tries t practice them, we look ove ours and in our own mind should check over the beliel of the Communists. We believe in God. He i greater than the State. Private property is a huma right. Government is man's ser\ ant, not master. Private profits are food fc u iiaiiuii. Education should not b centrally controlled. Freedom of thought?a m tional safeguard. Economic freedom ? builder of nations. That the nature of man : what God made it. Very important is the lov of God, family, and friends. Honor and integrity ar never "out of date." Human life is the gift c God and not the power ( man. Justice is the laws of man and not of a few. When we understand whi we as Americans are for, the we can. A I Savings Plan Provided j 2 1 Smooth Sledding is ahead for employees who desire to ' join the 1964 Clinton and Lydia Christmas Savings t Club. At this time next year when extra cash is needed for 2 Christmas shopping and pay3 ing end-of-year bills and taxes j those enrolling in the Club will have it available. ? On November 29 of this year, more than $155,000 was t paid to employees who placed themselves on Santa's Check List in 1962. I All employees who have not f already enrolled in the 1964 3 Plan will have an opportunity i to do so between January 2-9, 1964. Supervisors will have Christmas Club payroll de>>U * - /f /7s. it Some Coarse . . . Some Fine . . a a As the conductor called lS out the various names of the ? streets, the country couple T became more and more un|s easy. The conductor called s "Maple," then "Adams," then Rosewood." The country* man LS grew very fidgety and turning to his wife said, "Isn't n it time to get off?" "Don't show your ignorance, T~ Matthew." she said. "Wait until vour name is called." >r e Never miss an opportunity to make other happy even if l~ you have to leave them alone to do it. a ; )f tfn ft CPatt i/ion y n drm /< (toimuunihj vLlu?st ft/t AiUf ?/( My >nrmir* Aea//A. <c a yen cri /An cer/t/tm/c <1 ft mci at n <Cs 0*|M*p7 Che.rrnart Community Chest E> To All Clinton-Lydia Departmental Solicitors Clinton Community Chest officials, G. Edward Campbell. Campaign Chairman, and George H. Cornelson, President, expressed their heartfelt appreciation this month to the fifty-five men and 5 for Christmas, 1964 duction authorization cards available during the week. If you desire to enroll you may obtain one of the cards from your supervisor and designate the amount you wish to be placed to your account in the savings fund each week. Experience has proven it advisable to designate only the amount you feel that you can definitely afford. Systematic savings represents foresight and planning. Small amounts add up fast and build a solid base for larger savings. Your Supervisor will be rrl Q H tn ovnloin t V-\ Qainnrrc nit v iixgo Plan in more detail for you if you wish any additional information. . Some with a Different Twist It's getting so bad that before a business can build a better mousetrap, the plans have to be approved by the mice. If you think the average /American woman can i iaKe a joke, take a look at the average American husband. Friend: "What's your son taking up in school this year?" Dad: '"Space, nothing but space." v/ no/a n/eep ji'mi* /? //ie of (hreatcr (Clinton r* andr/ia rooter /-a tiding >t /t</ /o i I.~ ^ - r- - - rr mpaijtv > A C^'7*uL, ? ^presses Appreciation women of Clinton and Lydia who served so well as solicitors in the recent Community Chest Drive. Certificates of Appreciation, as above, were presented to the solicitors by their Overseers along with words of congratulations and appreciation.