New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-16
Vail Announces Christmas
Distribution Outside Of
Regular Increases
MANY CITY BANKS
DECLARE BONUSES
Bankers Trust Will Pay
t5to Up. {. of Clerks
Yearly Salaries

BONUSES and wage increases for
thousands of workers were announced
in various parts OF the country yester-
day.
The largest of the lot was $1,000
600 distribution Of cash payments an
nounced by Theodore \. Vail, president
Of the American Telephone and Tele-
graph Company, to help chose en-
ployes whose margin between income
and necessaries is narrow"
Employees who have been in the ser
vice for over one year and who are re-
ceiving $1,000 or less a year will re
ceive the equivalent OF three week.
paw, while those of the same class who
have been in the service over thre,
months, but less than one year, will re
ceive the equivalent Of two weeks pay.
Employees receiving over $4,000 and less
than $4,000 a year will participate in
the bonus declared, but not in the same
proportion as those getting smaller
wages.
This is not intended" said Mr.. Vail,
"to be a distribution of profits; nor do
all employees participate. These pay
ments will not take the place of the
wage increases for demonstrated merit
or the readjustments TO meet changed
conditions OF service usually made at
this time of the year. 1t is estimated
that the total amount to be distributed
will exceed $6,000,OO0.'
The Bankers Trust Company de-
clared a special bonus varying from
Is TO II per cent Of salaries to clerks
in addition to the usual annual bonus
Of per cent and the payment Of S2o,-
600 into the employees pension fund.
The total distribution approximates q
per cent of the salary roll.
James 5. Alexander, president Of the
National Bank Of Commerce, announced
special disbursement TO employees OF
IS per cent of the annual salaries Up
to and including $4,000 a year Those
getting between that and $4,000 will
get bonus of II per cent in FIVE equal
bi-monthly instruments, beginning Jan
uary 5, 1917.
Directors of the Citizens Central
National Bank voted a bonus OF 10 per
cent to employees. in addition to sub
stantal salary increases.
Employees of the Mechanics and
Metals National Bank received
bonus Of TO Is per cent of their sal
aries and the Corn Exchange Bank
mailed $4,000 in checks to $40 EN-
ployes as d special Christmas bonus.
In addition the Delaware, Lacks-
wanna d Western Railroad Company
announced a Christmas bonus to ali
employees who have been with the road
for six months or more; 10 per cent TO
those whose salaries are 5000 or less,
5 per cent 20 those getting 5000 20
1000, and per cent 10 those whose
salaries are $1,000 TO $4,000.
About $500 navy yard workers also
got raise last night.
Connelsville, Penn, Dec. 15.-The H.
I. + TICK COhe tOHlpduy ucNldicu bV-N"y
a 10 per cent wage increase for APP
proximately 10000 men-the third in
crease this year. Independent COM
psnies are expected TO do likewise.
Chisholm, Mimi, Dec. 1.-the Great
Northern Ore properties announced to-
day a general 10 per cent wage increase
to its employees.
Passaic, n. j., Dec. lJ.-Six large
manufacturers Of the state in this city
announced Christmas bonuses Of $780,
coo TO 5000 employees. The mills are
the Botany Worsted Mills the Forst-
mann g. Huffman Company. the New
Jersey Worsted Spinning Company, the
Passaic Worsted Spinning Company
the Garfield Worsted Mills and the
Gera Mills.
Baltimore, Dec. 15.-About 5000 EN-
ployes OF the Bethlehem Steel Corpora
ton will get an increase Of 10 per cent,