Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-01-15
FACTORY PROFITS DIVIDED.
Morrison Kicker Concern, Grinnel',
Follows Annual Custom.


Special 20 Times Republican
Grinnell. Jan. 15.-The annual dis
trib,ltion of profits among the employ
les of the Morrison Kicker glove fac
tory took place yesterday, and amount
ed to nearly $1,000. This was distrib-
uted, according to the rules of the es-
Establishment, among fifty-tive hands In
the factory. Besides this amount so
distributed, $500 was placed in the
"sick fund" for the relief of needy sick
or disabled workers. This plan of
sharing profits with the wage earners
of the factory was inaugurated by this
company some years ago. has been
satisfactory to all concerned, and is
likely to be continued indefinitely. At
ter the expenses of running the plant
and the interest on the permanent IN
vestment have been deducted from the
gross annual earnings, one-fourth of
the net profits is set aside for this dis
tribution. OF this sum one-fifth goes
to the foremen and superintendent.
Another fifth is put into the permanent
sick fund, and the balance is appor-
toned to those who have been on the
pay roll thru the entire year, in pro-
portion to their wage earnings. There
are some eighty-five persons now in
the employ Of the company in the fac
tory, but only fifty-five who are en-
titled to participate in this fund A
workman Cor Woman) who. by reason
of sickness or injury loses time, is not
thereby disbarred. But one that vol
UNFAIRLY gives up his place and there
by is not on the roll for the full year,
has lost his chance. Some sick ones
are helped each year from the special
fund for that purpose, and it is quite
probable that a portion of the sick
fund may be taken to fit up room in
the new hospital. There were some
years after this plan was first adopted
that there were not sufficient profits to
make any distribution but for the past
few years the business has been pros
porous enough so that all could have
this extra share in the general pros
|perity.
There will be Episcopal services this
evening at st. PauPs church, conduct
ed by Rev. w. D. Williams, of Iowa
City.
Miss Mary Wheaton, who slipped
upon the icy pavement at the Metho-
dist church and broke the bones of her
wrist, last Friday evening, is recover
ing as we'll as could be expected from
the painful injury.
j. F. Wilson, who has been for some
days in Keokuk attending the annual
meeting of the directors of the Stand
ard Fire Insurance company, and also
of the Keokuk Mutual Fire association,
is expected home tomorrow. Mr.. Will
son is director in each of these COM
panies, and was the original secretary
Of the Mutual.
Mrs. C. E. Decatur conducted the in
stallation ceremonies for the Rebekah
lodge, of Deep River, last evening.
Farmers in this vicinity, as we'll as
others, have had cause for rejoicing
over the open winter we have had so
far. At no time has the mercury reg
istered more than nine degrees above
zero, and most of the time but little If
any below freezing. This has given a
fine opportunity to utilize the fall feed
and the stalks of the cornfields after
giving an unusual chance to get the
corn crop out. With the large amount
of soft and chaffy corn, and with hay
at $40 or more ton, this condition has
mt many dollars in the pockets of the
farmers.