Bisbee daily review., 1912-10-15
PROFIT SHARING
 SHOWS BENEFITS
Employees Are ( CTered Chance to Take Finan- cial Interest in Busi-
 ness in lndustrials
RESPONSE Is POOR.
The Wall Street Journal says:

The Wall Street Journal says:
 The policy Of encouraging employees Of a corporation to take a financial iu- terest in the business is gaining In favor. Some Of the most prominent industrials have adopted profit-sharlne plans involving a subscription to Inc stock The stock is, as a rule. ofer- ed to employees at attractive prices. with special annual payments fl the stock is held.
 Although it is not generally known, several railroads in the past have tried this prodt-sharing schems but il invariably fell through because of poor response from employee aa yield on high class railroad secu does not look attractive 10 the a ~ age workman The yield on indusiria being very much higher, employees have responded very generally to sub scription rights.
 Offers Preferred Stock
 The Steel Corporation started it's plan of proiit-sharing in 1908, by offer ing preferred stock to employees a a price somewhat under current quota. lions. the subscribers who retained their stock to be given a special con- "a sequently, the common stock was d. so offered. This year no less than 36,94s employees subscribed for to- tai of 3O.619 shares. Republic Iron 8 Steel Co. recently sold to employees a block of common stock at S25 a share, on a similar plan to that of the Steel Corporation.
 United States Rubber Co. started a plan in 1904 of interesting employees in success of the company through a stock option. which within it's limits worked successfully. This year, hoY- ever, the company developed a more comprehensive plan. Common shares were acquired in the market at S45 per share and offered to employees at the same figure after the stock had had a considerable advance from that price. The company also promises 10 give a cash payment of S per share each year for five years provided the subscribers retain their stock and have given satisfactory service to the company
 National Biscuit Aids Employees
 In 1901 National Biscuit Co. under took to assist employees to purchase preferred stock of the company on the instailment plan. and to date they have purchased STlS shares in this way The International Harvester Co. has no profit-shaTing plan involving the stock of the company. but has estab- lished a comprehensive pension and accident compensation policy. its appropriation to these funds for the past year was S500.000.
 The E. l. Du Pont de Nemours Pow der Go. has not only adopted a pen sion plan for the employees Of the cou- pany t$l2l,530 was paid out during the year l9lD, but also offers them the privilege Of subscribing to The stock of the company and gives coEl- mon stock in the way of a bonus to those who have shown exceptional ef- fort and attainment. Under this plau S30S shares of common stock have been distributed as a bonus. while 6SlO shares of preferred and Ig3I shares of common have been subscriB- ed for, No less than 45 per cent cf the total number of stockholders, .2l6S are now employees Of the company.
 Cash a Temptation to Quit
 Comparatively few large corpora tions adopt the policy of distTibutiu5 large cash bonuses among their enl. ployes, unless safeguarded Ly various restrictions. Especially is this the case with corporations employing for eign labor. Experience has shown that a large number of foreign em. ployes will return to their native couu- tries immediately upon receiving a substantial cash bonus. The Young3. town Sheet and Tube O., which has distributed over $500,0 900 among its