The sun., 1890-01-21
4 B1e AND HArrY rnnn4RE rAnT1.
Rogers, Feet - CO. Take Thsir Employees
60 the rlay aud Give rhena = Dtvidsnd.

Rogers, Feet - Co. Take Thsir Employees
60 the rlay aud Give Thsra = Dtviasna.
A big FIRE engine and horses Of flowers.
with the words, Welcome. $50 partners Of
Rogers, Peet 4 Co" upon 1t, stood In the vesti-
bule Of the Peoples Theatre last night, and the
crowd pouring into the doors seemed TO In
cludo moro buslness-llke looking men and
prettler women tnBn usual In q theatre crowd.
Tho particularly business-lik looking men
and the particularly pretty women filled up the
whole orchestra and overfowed into the first
threo or four rows Of the balcony They filled
800 sents In all, and included Messrs. Martin
and Chambers, whose other name Ia Rogers,
Peet g.; Charles B. Poet, who used to be in
the firm years ago; George Peet, Manager j. j.
Conrd OF the Prince street store, Manager
Edwin H. Wolf OF the Thrty-second street
store. Manager F. @. Osterhout OF the Warren
street store; F. W. Joy aud 4. b. Mills, beads
OF the Wholesale department.; A. X. Gardner.
F. D. Terry and L. =. Cook. heads OF the manu-
featuring department.; j. Il. Crapo, head de-
signer and pattern cutter; +. o. Bennett and
J. Ii. Ryan, heads OF the counting room; Ad-
vertisinR Manager Wilson. and $50 other en-
ployees OF the firm. each with a wife, sweet
heart, or other companion on his arm. Alto
Rether 1t was ROod-looknR crowd and par
tcularly Jolly one, having met not only to en-
Joy the real horses and fire engine In Tho
Still Alarm," but also to hear the declaration of
It's annual dividend as partners" In the
house OF Kogers Peet d Co. 1t was to be the
fourth annual dividend. Heretofore 1t has been
declared ut ~ dinner given by the firm 70 all its
firm gave theatre party
The performance passed of as usual, except
cong written by salesman Anderson oi the
Thlrty-second street store. 1t was u parody
on cry Nearly, and dwelt upon the wonder
full things the dividend was going to door
very nearly.
After the curtain had gone down and the rest
on the stage TO formally announce the divi-
dend. None OF the employees knew how much
Il would be, and Mr. Chambers seemed IA no
and now -dou't be-disappointed face, while ho
remarked that at, former gatherings OF the
advised all the boys last year." he said
TO get married, Some Of them have done so,
80 II the dividend is satisfactory" Heretofore
he said. the dividend had been about per
cent. on their salaries This. he reminded
when 1t was remembered that the total pay
roll of the firm was over $3Oo.0OO per year.
large expense In opening and fitting up the
Warren street store. and the weather had made
furnshiDg fur s Business s Mr. c6ambers M % had face
as long a. his arm by this time. and the faces OF
his audience we're falling like thermometer
slowly and sadly in spite OF these adverse
circumstances, we are able to declare II .divl-
breathless on his motions while he counted it
of on his flngersl per cent"
=, 1t took them q moment to realize It. and then
they howled: Everybody howled. from the de-
partment clerk with $4,000 salary and S400
dividend. who howled in moderation. to the
colored cleaners with $3.50 a year and $3.50
dividend who stood up in u row on a back seat.
showing their ivories and bowling like u cy-
clone. The dividend was equivalent to a little
over two and a hall weeks pay for every man,
woman. and boy In the firms employ during
the past year. and proportionately for all who
had been In the employ for any part OF the year
longer than two weeks, barring only those who
had been discharged for cause. In all 1t
amounted to over $4,000.
The profit sharing system was inaugurated
by the firm four years ago. Under 1t a certain
percentage Of the profits Is set aside for the
employees. and at the end OF ear year It Is
divided among them in the shape OF a dividend
of a certain per cent. on their salaries. Both
members OF the firm said last night that they
were heartily satisfied wi tn the way the system
had worked. Their business had been bene-
fitted by the Increased efficiency of their en-
ployees enough to amply compensate them for
the annual dividend. while they. were now
able to take their pick from the best mon seek
ing work in every department. OF their business.