Word: sheaffer
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
After 16 years of profit-sharing, W. A. Sheaffer Pen Co.'s 1,766 workers were used to bonuses. But last week, in the main plant at Fort Madison, Iowa, a notice went up that set men & women dancing among the machines. For the latest quarter, their bonus would total 50% of their pay-by far the biggest in Sheaffer's history, and more than double the previous quarter...
Next day, brawny (6 ft., 195 lbs.) Craig Royer Sheaffer, 52-year-old president of the biggest U.S. pen company, gave stockholders something else to celebrate: the company declared an extra dividend of $1.15 a share on top of its regular quarterly payment of 10?. Although the company's twelve-month sales had sagged 10% from $22 million in the previous year, Penman Sheaffer had been able to boost his previous $2.4 million profit...