Evening star., 1935-12-20
CHRISTMAS BONUS
FIRMS INCREASING.
Associated Press Survey
Shows Hundreds in
Role of Santa.
BY The Associated Press.

BY the Associated Press.
CHICAGO, December 20.-Business
institutions are translating profits into
Christmas bonuses for workers this
year at greater rate than In any year
since depression's pail blanketed in
dustry.
A survey by the Associated Press
today showed hundreds Of companies
back in the Santa Claus role they dis
carded when writing profit and loss
statements in red ink.
The rejuvenated industrial Santa
had in his pack checks ranging from
the equivalent Of one weeks pay to
amounts equaling six months or o
years salary in instances IN which
employers made Christmas the occa-
sion for special gifts.
Millions of dollars were poured into
holiday trade by the company gift
route. as industry's happy bonus
army" descended on stores.
Pay Increased 10 Per Cent.
sBonus or increased dividends" was
the issue before the Board OF d.
rectors of the City National Bank Of
Kansas City, R. Crosby Kemper, presi-
dent, announced, and the banks en-
ployeS won. The board voted to in
crease all salaries 10 per cent.
One of the largest bonus diStribu-
tions in the country was ordered by
Thomas A. Peabody. whose l30 en-
ployes in q furniture factory at North
Manchester, Ind, shared 100000 on
the basis of s100 for each year of en-
ployment, with a $4,000 maximum.
Every worker at the Homestake Gold
Mine, Lead, S. OAK, had 500 gift,
double the amount distributed by
Homestake last year. Coupled with
stock dividends and q pay roll, mer-
chants estimated the S22o, 900 bonus
put $500 900 in circulation in Lead
and neighboring Deadwood in the last
month.
Stock Exchange firms went in
heavily for gifts, and some chose the
holiday for resembling salary cuts.
Paine, Webber & Co. recently restored
to their employees 10 per cent salary
cut imposed in october. 1884, and
ordered two bonuses, each OF two
weeks pay.
$500 Get Per Cent.
twenty-five hundred workers OF the
Cutler Hammer Manufacturing Co. In
Milwaukee received bonus checks for
3 per cent of their annual wages.
Ely Walker Dry Goods Co.'S 1000
workers in st. Louis found extra
checks in their pay envelopes, those
with six months service weeks sal.
ary, those with a year or more. two
weeks.
The First National Bank Of st.
Louis paid an extra weeks wages to
800 workers, and the National Lead
Co. distributed between SIS, 900 and
$4,000 to $50 workers in st. Louis and
Granite City. Ill.
A 100000 Christmas stocking was
hung up by the Endicott johnson
Corp, shoe manufacturers. for 10000
employees, at Endicott, N. Y.
F. A. Putnam & Co., and Markham
Machine Co. workers at Keene. N. H.,
who have a year round bonus-they
receive the same wages for A hours
work as was paid In 1929 for 48 hours
got cash bonus IN addltlon-
Other Bonus Firms.
Other distributions included:
PITTSBURGH-Allen & Co., from
two weeks to full years extra salary.
Hano & Co., two weeks. Hendricks &
Eastwood, Inc, one month. Hemphill.
Noyes g. Co., two weeks. George A..
Bailey g. Co., two weeks. Other brok-
erage firms paying liberal or more
than last year" sums.
ST. PAUL.-St. Paul Fire & Marine
Insurance Co., half Of months SAL
ary to 500.
NEUTRALITY-SUSPICIOUS. Paint &
Hardware, cash bonus to $50 employees,
amount undetermined. Last years
was SIS, ,78s.
ATLANTA.-Lucas & Jenkins, thea
ter owners, announced Largest Christ
mas present we have ever given"
Brooke Tindall g. Co., 121a per cent
cash bonus.
COLUMBUS, Ohio.-Julian Ko-
kenge Shoe Co., $4,000 TO 900 work.
ers.
BEAUMONT, Tex.-First National
Bank, 8 per cent bonus, per cent in
crease over last year.
MANCHESTER, Conn. -- Oxford
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