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Boosting its semi-annual profit-sharing payments to 17.5% of each ordinary employe's wages, W. A. Sheaffer Pen Co. last week told its stockholders their dividends might not be so large if their profit sharing were less generous. Wrote President Craig Royer Sheaffer: "The fact that we can...

Author: /time Magazine | Title: MANUFACTURING: Profit in Profit Sharing | 6/2/1941 | See Source »

Collective Bargain. In Brooklyn, the New York Labor Relations Board recognized the United Construction Workers Organizing Committee (C.I.O.), Local 225, as the collective bargaining agent for John Boven, the single employe of an apartment house.

Author: /time Magazine | Title: Miscellany, May 5, 1941 | 5/5/1941 | See Source »

At 78 he is still hale, cocksure of him self. His occupational paunch does not stop him from playing golf (usually two holes), drinking his favorite cocktail (Scotch old-fashioned), eating his favorite foods (Beech-Nut). A onetime Judge employe, he bubbles when he tells a story. And his summer...

Author: /time Magazine | Title: PERSONNEL: Welfare Capitalists Jubilee | 5/5/1941 | See Source »

Yet Beech-Nut's products and workers are likely to remain his chief interest. He tried to make Beech-Nut's home, Canajoharie in New York's Mohawk Valley, a model town without looking like it, gave it an art museum and a library, put boxes of...

Author: /time Magazine | Title: PERSONNEL: Welfare Capitalists Jubilee | 5/5/1941 | See Source »

One day last week in Minneapolis a party of men boarded a train for Washington. Some of the party were officials of the Minneapolis-Moline Power Implement Co., others were C.I.O. union representatives. The Mediation Board wanted to see them. Minneapolis-Moline, which employs 4,100 men, had defense contracts...

Author: /time Magazine | Title: National Affairs: Tele-Mediation | 4/28/1941 | See Source »

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