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Henry Morgenthau, Jr. Papers
Diaries of Henry Morgenthau, Jr.
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DIARY
Book 572-A
Operation of Payroll Savings Plan
in Selected Industries
September 28, 1942
Regraded Unclassified
TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE September OR, 1942
TO
Secretary Morgenthau
FROM
Mr. Haas
Subject: Operation of the payroll savings plan in selected
industries.
On various occasions in the past, a series of
tables has been prepared covering the operation of
the payroll savings plan in selected industries.
There 1s attached to this memorandum a report which
brings up to date the data heretofore submitted. The
report includes data on practically all of the large
companies in the country and divides the nation's 1n-
dustrial activity into 32 important industries. A
summary table covering all industries appears on
page 2 of the report. For purposes of analytical
comparisons, the table ranks the industries in the
order of the highest average monthly salary per em-
ployee. Industry tables within the report are ar-
ranged alphabetically, and on each industry table
the companies are arranged in accordance with the
size of their employment.
A review of the report indicates that, although
there are wide variations and some exceptions, there
1s a rough correlation between the size of the aver-
age monthly salary per employee and (1) the dollar
amount deducted per month per employee for the pur-
chase of war savings bonds, and (2) the percentage
of that deduction to his salary. Roughly, larger
amounts are deducted for the purchase of war savings
bonds -- both in dollar amounts and percentagewise --
in industries paying a high level of wages and sal-
aries than in those paying a lower level of wages
and salaries. Attention is called particularly to
the fact that in general the highest deductions and
the largest percentages of payroll deducted occur in
those industries where the average monthly salary 18
in excess of $200 per month. This correlation it
should be noted, however, is not always apparent for
all the companies within each industry.
Regraded Unclassified
Secretary Morgenthau - 2
There are 2,200 companies included in the attached
report. They employ one-half of the aggregate number
of the persons on payroll savings plans in industry,
and their deductions from pay amount to approximately
one-half of the aggregate amount deducted by all in-
dustrial concerns in the country. In other words,
these 2,200 companies account for one-half of the pay-
roll savings money. If each of these 2,200 companies
had 90 percent participation and 10 percent of payroll
deducted, the payroll savings deductions for these
companies alone would be in excess of $200 millions
a month. If all companies in the country that have
payroll savings plans were on a 90 percent participa-
tion and a 10 percent deduction basis, the amount con-
tributed toward the purchase of war savings bonds
would be in excess of $400 millions a month.
Attachment
Regraded Unclassified
Operation of the Payroll Savings Plan
in Selected Industries
Index
Index
Page 1
Mercantile Establishments
Page 43
Summary
2
Metal Products - Miscellaneous
49
Agricultural Implements
3
Motion Pictures, Theatres and Amusements
4
53
Automotive Manufacturing
Non-Ferrous Metals Mining and Processing
54
Aviation Manufacturing
7
Paper and Pulp
56
Banking and Finance
9
Petroleum
58
Chemicals
13
Public Utilities
60
Coal and Coke
16
Publishing
64
Construction and Building Materials
19
Railroads
66
Electrical Equipment
22
Railway Equipment
70
Food Products
25
Rubber Products
71
Glass, Stone, Brick, Clay and Cement
29
Services - Miscellaneous
72
Household Appliances
31
Shipbuilding
74
Insurance
32
Steel and Iron
77
Lumber and Wood Products
34
Telephone and Telegraph
80
Machinery, Tools and Plant Equipment
36
Textiles, Clothing and Shoes
82
Meat Packing
42
Tobacco Products
91
Office of the Secretary of the Treasury,
Division of Research and Statistics.
September, 1942.
Operation of Payroll Savings Plan in Selected Industries
Latest Data Available September, 1942
2
Industries are ranked in order of highest monthly salary per employee
:
:
:
:
:
I
:
:
:
:
Number
Percentage of
Percentage
:
Average
Average
:
Percentage of
:
:
:
of
:
employees
of aggregate
=
deduction
Industry
monthly
:
payroll of
:
:
employees
participating
payroll
salary
: per employee
1
participating
:
:
:
deducted
:
participating
:
employees
:
:
:
:
:
1
deducted
Motion Pictures, Theatres and Amusements
48,106
69.5
$264.52
5.0
$18.89
Shipbuilding
523,863
7.1
70.4
232.45
6.0
19.85
Automotive Manufacturing
753,364
87.9
8.5
230.39
6.3
16.40
Machinery, Tools and Plant Equipment
416,088
7.1
73.7
219.36
5.8
17.35
Railway Equipment
137,730
82.8
7.9
214.15
5.4
14.00
6.5
Aviation Manufacturing
611,384
70.0
211.28
5.7
17.33
8.2
Construction and Building Materials
236,901
70.0
208.58
5.3
15.93
7.8
Electrical Equipment
479,403
85.4
204.48
7.8
18.63
9.1
Petroleum
326,844
69.4
203.87
5.0
14.62
7.2
Metal Products-Miscellaneous
467,183
73.7
200.04
5.4
14.70
7.4
Non-Ferrous Metals Mining and Processing
186,144
60.3
195.40
3.7
12.08
6.2
Household Appliances
48,367
67.5
195.39
3+7
10.63
5.4
Steel and Iron
937,866
76.1
193.94
4.3
11.09
5.7
Publishing
63,137
59.2
191.83
3.8
12.37
6.4
Agricultural Implements
100,477
94.4
191.06
6.0
12.10
6.3
Chemicals
460,414
79.9
190.96
5.5
13.25
6.9
Railroads
406,616
74.3
188.93
3.4
8.52
4.5
Banking and Finance
108,744
83.5
185.51
3.9
8.66
4.7
Rubber Products
202,332
70.7
184.45
3.8
9.87
5.4
Insurance
146,326
91.1
184.11
4.0
8.17
4.4
Public Utilities
358,258
72.5
183.24
3.3
8.44
4.6
Food Products
278,398
66.5
168.17
3.8
9.58
5-7
Telephone and Telegraph
383,436
92.0
164.65
6.2
11.29
6.8
Paper and Pulp
134,712
73.0
160.42
4.3
9.51
5.9
Coal and Coke
203,357
74.6
156.61
4.9
10.20
6.5
Glass, Stone, Brick, Clay and Cement
143,385
75.0
156.00
3.8
7.96
5.1
Services - Miscellaneous
92,487
56.6
152.99
3.2
8.60
5.6
Meat Packing
228,106
87.2
143.42
6.2
10.27
7.2
Lumber and Wood Products
97,091
62.8
138.55
3.8
8.38
6.0
Mercantile Establishments
495,831
70.8
122.84
4.2
7.25
5.9
Textiles, Clothing and Shoes
690,532
73.0
117.10
4.7
7.56
6.5
Tobacco Products
49,918
74.7
109.34
4.9
7.10
6.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Regraded Unclassified
Agricultural Implements
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
International Harvester Co., Ill
54,639
97.9
5.9
$ 178.56
$ 10.81
6.1
Caterpillar Tractor Co., Ill
15,382
94.7
4.9
202.61
10.43
5.1
Deere and Co., Ill
14,007
92.4
7.6
214.10
17.62
8.2
J. I. Case Co., Ill
6,948
1
1
1
1
Oliver Farm Equipment Co., Ill
6,272
82.9
3.9
206.46
9.75
4.7
Minneapolis Moline Power Implement Co., Minn
5,200
92.3
9.0
206.15
20.00
9.7
American Fork and Hoe Co., Ohio
2,687
63.4
2.9
163.27
7.44
4.6
The Massey-Harris Co., Wis
2,290
94.5
5.7
226.81
13.76
6.1
Cleveland Tractor Co., Ohio
2,100
Total
100,477
94.4
6.0
$ 191.06
$ 12.10
6.3
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
2
Not included in total.
Automotive Manufacturing
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
+ General Motors Corp., Mich
256,572
99.4
6.6
$233.85
$15.45
6.6
# Ford Motor Co., Mich
132,013
78.8
4.7
196.96
11.85
6.0
+ Chrysler Corp., Mich
62,894
82.9
7.0
263.15
22.30
8.5
# Packard Motor Car Co., Mich
22,185
79.8
5.4
334.01
22.39
6.7
Briggs Manufacturing Co., Mich
20,551 2
1
1
Hudson Motor Car Co., Mich
18,296
90.0
11.0
269.26
32.91
12.2
# Timken Roller Bearing Co., Ohio
17,091
50.7
3.0
205.94
12.26
6.0
# Edward G. Budd Manufacturing Co., Pa
16,473
81.4
5.3
219.92
14.42
6.6
# Studebaker Corp., Indiana
15,386
97.9
6.8
286.51
19.78
6.9
- Electric Auto-Lite Co., Ohio
12,485
86.6
5.0
178.20
10.34
5.8
Yellow Truck & Coach Co., Mich
12,073
97.5
5.1
193.83
10.09
5.2
Continental Motors Corp., Mich
11,150
90.3
7.3
325.62
26.34
8.1
# American Chain & Cable Co., Conn
9,784
94.7
8.5
205.43
18.42
9.0
# Stewart-Warner Corp., Ill
9,551
97.2
9.6
161.22
15.97
9.9
Baton Manufacturing Co., Ohio
9,357
95.0
6.1
264.43
16.87
6.4
# Murray Corporation of America, Mich
9,254
93.5
7.7
271.54
22.34
8.2
Mack Trucks Inc., Pa
7,645
66.0
7.5
202.78
23.01
11.3
Kelsey-Hayes Wheel Co., Mich
7,579
93.0
9.0
239.93
23.23
9.7
Spicer Manufacturing Co., Ohio
7,047
89.0
6.4
264.94
19.18
7.2
Timken-Detroit Axle Co., Mich
6,700
83.6
8.2
246.07
24.27
9.9
. Fafnir Bearing Co., Conn
6,665
85.7
5.8
161.38
11.00
6.8
Clark Equipment Co., Mich
5,831
76.8
5.7
200.05
14.89
7.4
# American Bosch Corp., Mas
5,500
100.0
11.0
177.15
19.49
11.0
White Motor Co., Ohio
5,400
89.6
3.4
231.48
8.70
3.8
Fruehauf Trailer Co., Mioh
5,249 2
1
1
1
# McQuay Norris Manufacturing Co., Inc., Mo
4,484
61.4
5.5
130.87
11.66
8.9
# Electric Storage Battery, Pa
4,332
71.4
3.9
170.43
9.21
5.4
Borg Warner Corp., Mich
4,302
84.4
5.8
283.52
19.41
6.8
Budd Wheel Co., Mich
4,144
79.8
5.8
276.57
20.26
7.3
* Gar Wood Industries Inc., Mich
3,746
64.2
5.1
200.52
15.86
7.9
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
.
1
Denotes Issuing Agent
Not available.
2 Not included in total.
Automotive Manufacturing
5
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Nash-Kelvinator Corp., Wis
3,721
61.9
4.7
$290.43
$22.23
7.7
# Hercules Motor Co., Ohio
3,472
76.1
5.5
356.25
25.59
7.2
# Motor Wheel Corp., Mich
3,132
39.0
2.0
246.67
12.62
5.1
Lycoming Manufacturing Co., Pa
3,112
92.0
5.7
227.61
14.02
6.2
# Houdaille-Hershey Corp., N. Y
2,705
90.8
8.6
199.61
18.86
9.4
# Heil Co., Wis
2,700
94.4
2.9
232.41
7.17
3.1
Briggs & Stratton Corp., Wis
2,476
93.0
3.0
258.44
8.40
3.2
Harley-Davidson Motor Co., Wis
2,400
79.2
4.2
279.17
14.74
5.3
Noblitt Sparks Industries, Indiana
2,321
90.7
4.8
162.55
8.65
5.3
Buda Co., Ill
2,293
99.2
5.8
196.60
11.50
5.8
# Autocar Co., Pa
2,207
73.0
4.2
267.70
15.25
5.7
Graham-Paige Motors Corp., Mich
2,110
96.4
10.0
247.77
25.70
10.4
Carter Carburetor Co., Mo.
2,106
86.9
4.2
213.68
10.40
4.9
Four wheel Drive Auto Co., Wis
1,932
76.8
4.9
136.18
8.73
6.4
# Federal Mogul Corp., Mich,
1,926
81.7
4.1
210.39
10.55
5.0
# Perfect Circle Co., Indiana
1,922
45.5
2.3
158.48
8.11
5.1
# Trico Products Corp., N. Y
1,856
91.5
5.5
157.06
9.39
6.0
Diamond T Motor Car Co., Ill
1,809
97.8
12.4
219.50
27.87
12.7
# Waukesha Motor Co., Wis
1,790
87.3
4.4
224.35
11.29
5.0
Holley Carburetor Co., Mich
1,780
51.6
5.6
222.75
24.29
10.9
Motor Products Corp., Mich
1,710
98.0
7.9
268.67
21.60
8.0
Champion Spark Plug Co., Ohio
1,703
41.0
2.3
179.80
10.14
5.6
Bower Roller Bearing Co., Mich
1,700
86.5
5.7
191.18
12.49
6.5
€ Norma-Hoffman Bearing Corp., Conn
1,475
90.0
10.0
195.07
21,67
11.1
# McCord Radiator & Manufacturing Co., Mich
1,413
86.3
5.8
227.48
15.41
6.8
# L. A. Young, Spring & Wire Corp., Mich
1,376
91.9
5.8
206.42
13.00
6.3
Bendix-Westinghouse Automotive Air Brake
Co., Ohio
1,315
41.1
2.1
222.40
11.57
5.2
Trailer Company of America, Ohio
1,290
90.3
4.9
135.66
7.30
5+4
American La France & Foamite Corp., N. Y.
1,257
68.3
5.0
163.80
12.07
7.4
National Automotive Fibres Inc., Mich
1,290
37.6
3.5
140.14
13.19
9.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Automotive Manufacturing
6
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Ainsworth Manufacturing Corp., Mich
1,079
92.7
8.3
$291.01
$26.00
8.9
Monroe Auto Equipment Co., Mich
1,047
100.0
10.0
214.20
21.42
10.0
Highway Trailer Co., Wis
1,000
92.5
5.5
129.44
7.70
5.9
Total
753,364
87.9
6.3
$230.39
$16.40
7.1
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Aviation Manufacturing
7
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Curtiss-Wright Corp., N. Y
67,737
55.1
3.8
$220.32
$15.07
6.8
Bendix Aviation Corp., Ind
54,849
80.4
6.3
223.30
17.52
7.8
* Glenn L. Martin Co., Md
53,665
38.2
2.3
159.45
9.49
6.0
# Consolidated Aircraft Corp., Calif
45,238
38.7
3.0
212.91
16.75
7.9
United Aircraft Corp., Conn
43,943
90.0
10.0
251.71
27.97
11.1
Douglas Aircraft Co., Calif
40,000
2
1
1
# North American Aviation, Calif
36,395
88.0
3.3
173.27
6.53
3.8
Lookheed Aircraft Corporation, Calif
35,927
90.0
10.0
201.95
22.44
11.1
Sperry Corporation & Subsidiaries, N. Y.
34,208
60.1
4.8
242.54
19.31
8.0
Boeing Aircraft Co., Wash
32,000
90.0
10.4
213.62
24.69
11.6
- General Motors (Corp)-Aircraft Divisions
Mich
24,257
99.3
6.1
242.51
14.90
6.1
Vega Aircraft Co., Calif
19,352
42.0
3.0
224.70
16.28
7.2
# Bell Aircraft Corp., N. Y
18,000
61.1
4.7
211.11
16.36
7.8
# Brewster Aeronautical Corp., N. Y
17,469
62.9
5.2
221.90
18.52
8.3
Wright Aeronautical Corp., Ohio
16,000
96.1
7.9
216.59
17.76
8.2
# Grumman Aircraft Engineering, N. Y
13,191
2
63.8
1
1
Vultee Aircraft Inc., Calif
10,753
89.5
5.2
207.93
11.98
5.8
# Republic Aviation Corp., N. Y
9,541
80.4
6.1
230.07
17.54
7.6
# Fairchild Aviation Corp., N, Y
8,174
93.1
6.7
215.09
15.50
7.2
# Northrup Aircraft Inc., Calif
7,885
69.1
4.1
190.23
11.19
5.9
Beech Aircraft Corp., Kans
6,000 2
1
16.0
1
1
1
# Aviation Manufacturing Corp., Pa
4,795
94.8
6.9
228.58
16.63
7.3
Rohr Aircraft Corp., Calif
4,290
90.0
12.0
157.55
21.01
13.3
# Thompson Products Inc., Ohio
4,100
59.4
4.6
212.55
16.49
7.8
Cessna Aircraft Co., Kans
3,800
90.0
10.0
175.80
19.53
11.1
# Fleetwings Inc., Pa
3,416
94.4
5.9
211.48
13.31
6.3
Ranger Aircraft Engines, N. Y
3,068
48.9
2.3
176.99
8.33
4.7
# Reo Motors Inc., Mich
3,021
77.8
3.7
272.21
13.11
4.8
Solar Aircraft Co., Calif
3,017
72.1
6.0
181.94
15.25
8.4
Breeze Corp's. Inc., N. J
2,860
62.4
4.4
157.40
11.09
7.0
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
1/ Not available.
2
Not included in total.
Aviation Manufacturing
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Number
Percentage
Percentage of
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
N. A. Woodworth Co., Mich
2,711
47.2
5.2
$230.27
$25.35
11.0
Pollak Manufacturing Co., N,
2,619
88.2
4.3
186.59
9.13
4.9
Aero Supply Manufacturing Co., Pa,
2,380
57.8
3.7
200.92
12.88
6.4
Intercontinent Aircraft Corp., Pla
2,294
80.5
7.1
160.59
14.21
8.8
Wyman-Gordon Co., Mass
2,179
90.8
6.0
227.88
14.99
6.6
Ryan Aeronautical Co., Calif
2,090
28.2
2.6
183.58
16.92
9.2
McDonnell Aircraft Corp., Mo
2,027
56.1
5.4
157.12
15.03
9.6
# Jack and Heints Inc., Ohio
2,000
2
15.0
1
1
Spartan Aircraft Co., Okla
1,857
68.4
4.2
170.00
10.36
6.1
United Aircraft Products, Inc., Ohio
1,846
60.5
4.8
238.19
19.05
8.0
+ Liberty Aircraft Products, N. Y
1,789
100.0
10.8
226.17
24.52
10.8
Adel Precision Products, Calif
1,611
35+4
2.6
243.20
17.37
7.3
Cummins Engine Co., Ind
1,608
69.7
5.8
170.29
14.30
8.4
Timm Aircraft Co., Calif
1,511
27.1
2.2
167.51
13.47
8.6
Jacobs Aircraft Engine Co., Penn
1,482
96.2
7.7
187.85
15.01
8.0
Piper Aircraft Corp., Pa
1,462
73.5
2.8
101.00
3.83
3.8
International-Plainfield Motor Co., N. J.
1,390
77.6
5.0
217.29
13.99
6.4
Edo Aircraft Corp., N. Y
1,385
60.2
5.1
232.42
19.59
8.4
Republic Aircraft Products, Mich
1,287
93.2
1
1
24.11
1
# Columbia Aircraft Industries, Ore
1,276
94.6
13.0
192.06
26.40
13.7
Hughes Aircraft, Calif
1,235
56.4
3.0
238.87
12.65
5.3
Aero Parts Manufacturing Co., Inc., Kans
1,200
85.8
7.1
125.00
10.29
8.2
Stinson Aircraft, Mich
1,177
100.0
10.0
233.64
23.36
10.0
# Air Associates Inc., N. J
1,162
94.3
3.9
238.00
9.73
4.1
Waco Aircraft Co., Ohio
1,142
85.4
7.6
214.54
19.20
8.9
* Aeronautical Products Inc., Mich
1,100
70.5
4.8
238.18
16.28
6.8
# Link Aviation Devices Inc., N. Y
1,081
53.7
3.9
153.11
11.11
7.2
Lear Aviation Co., Ohio
1,010
100.0
7.4
160.35
11.88
7.4
# Kellett Autogiro Co., Pa
1,000
60.0
4.4
234.27
17.09
7.3
Total
611,384
70.0
5.7
$211.28
$17.33
8.2
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Not available.
Not included in total.
Banking and Finance
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
9
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
Bank of America National Trust and Savings
Association., Calif
9,770
88.0
6.7
$ 161.72
$ 12.38
7.7
Chase National Bank, N. Y
6,300
90.5
3.3
190.48
6.88
3.6
National City Bank of New York, N, Y
5,580
81.9
2.0
221.29
5.41
2.4
Commercial Investment Trust Corp., N. Y
5,256
81.6
4.7
178.38
10.28
5.8
Continental Illinois National Bank and
Trust Co., Ill
3,447
90.4
4.1
176.19
8.02
405
Manufacturers Trust Co., N. Y
3,341
100.0
3.4
179.59
6.05
3.4
Quaranty Trust Co. of New York, N. Y
3,297
100.0
3.5
207.29
7.18
3.5
First National Bank of Chicago, Ill
2,931
98.3
5.5
195.19
10.96
5.6
Security First National Bank of Los Angeles
Calif
2,922
94.8
4.6
172.21
8.32
4.8
Central Hanover Bank and Trust Co., N. Y
2,617
88.3
2.7
183.32
5.56
3.0
First National Bank of Boston, Mass
2,581
92.4
10.0
172.03
18.61
10.8
Household Finance Co., Ill
2,500
2,
1
1
1
1
1
Commercial Credit Corp., Md
2,500
38.0
2.3
160.00
9.60
6.0
Stone and Webster Inc., N. Y
2,387
55.6
4.5
281.90
22.85
8.1
Bank of Manhattan Co., N. Y
2,139
2
93.8
1
4.42
1
Bankers Trust Co., N. Y
2,026
84.6
2.5
219.53
6.62
3.0
Cleveland Trust Co., Ohio
1,876
37.7
1.4
190.52
7.32
3.8
Irving Trust Co., N. Y
1,769
95.6
4.0
200.99
8.44
4.2
Corn Exchange Bank and Trust Co., N. Y
1,697
85.5
4.1
157.62
7.54
4.8
American Trust Co., Calif
1,639
95.0
4.3
178.16
8.11
4.6
Merrill Lynch, Pierce, Fenner and Beane,
N.Y
1,595
90.3
3.8
277.93
11.81
4.3
Chemical Bank and Trust Co., N. Y
1,419
91.9
2.7
197.32
5.79
2.9
National Bank of Detroit, Mich
1,371
99.2
3.6
168.62
6.11
3.6
Penn Co. for Insurance on Lives, Bank and
Trust Co., Pa
1,246
72.9
2.3
174.85
5.55
3.2
- Chicago Title and Trust Co., Ill
1,234
33.5
1.8
174.13
9.32
5.3
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
1
Not available.
Not included in total.
No plan.
Banking and Finance
10
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage
Percentage of
Number
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
per employee
participating
deducted
salary
employees
participating
deducted
American Express Co., N. Y
1,231
87.4
5.1
$ 161.32
$ 9.50
# New York Stock Exchange and Affiliated
5.9
Companies, N.
1,178
94.1
3.1
203.73
6.64
3.3
# Title, Guarantee and Trust Co., N. Y
1,105
10.0
0.5
123.71
6.46
5.2
# Seattle First National Bank, Wash
1,064
67.7
3.8
177.91
9.90
5.6
# Public National Bank and Trust Co., N. Y
1,063
99.2
2.9
156.63
4.60
2.9
# Northern Trust Co., Ill
1,043
97.0
3.3
216.04
7.45
3.4
+ City Bank Farmers Trust Co., N. Y
1,040
95.0
1.8
240.38
4.51
1.9
+ First Wisconsin National Bank, Wis
1,004
94.8
3.1
162.74
5.35
3.3
+ First National Bank of Portland, Ore
935
14.4
0.7
168.98
7.64
4.5
+ New York Trust Oo., E. Y
927
95.0
4.8
219.53
11.00
5.0
# Marine Trust Co., N. Y
910
89.6
2.6
179.23
5.19
2.9
4 Brooklyn Trust Co., N. Y
901
100.0
3.0
118.75
3.57
3.0
# Girard Trust Co., Pa.
900
65.8
2.9
166.67
7.36
4.4
# Philadelphia National Bank, Pa
884
91.5
3.4
159.22
6.00
3.8
e United States National Bank, Ore
860
93.4
3.9
182.28
7.54
4.1
# First National Bank, Mo
792
NNN
1
1
1
1
1
# Wells Fargo Bank and Union Trust Co., Calif
782
I
H
+ Citizens and Southern National Bank, Ga
780
I
. Harris Trust and Savings Bank, Ill
774
91.9
3.3
220.91
7.91
3.6
# National Shawmut Bank, Mass
768
99.7
2.1
167.80
3.52
2.1
# Fidelity Philadelphia Trust Co., Pa
767
72.9
3.3
172.18
7.75
4.5
4 Mercantile-Commerce Bank and Trust Co., Mo.
738
60.7
2.9
160.84
7.69
4.8
# First National Bank and Trust Co., Minn
733
95.6
7.7
160.60
12.94
8.1
:
+ Fidelity Union Trust Co., N. J
732
99.6
2.3
187.88
4.35
2.3
# Detroit Bank, Mich
728
92.3
6.2
169.90
11.36
6.7
# Citizens National Trust Savings Bank of
Los Angeles, Cal
723
57-4
2.9
171.92
8.67
5.0
+ Anglo California Bank, Calif
719
93.9
3.5
191.93
7.11
3.7
4 Northwest National Bank and Trust Co., Minn.
718
98.0
6.4
161.12
10.57
6.6
# Central National Bank, Ohio
690
97.7
2.4
184.46
4.58
2.5
6 Industrial Trust Co., R. I
682
92.2
4.7
177.77
9.09
5.1
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
3/
No plan.
Banking and Finance
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
# Bank of New York, N. Y
639
50.1
1.2
$ 203.55
$ 4.71
. City National Bank and Trust Co., ni
627
2.3
99.4
5.0
191.39
9.65
. Morgan (J.P.) and Co., Inc., N. Y
602
5.0
100.0
4.7
269.62
12.71
601
4.7
# Whitney National Bank,
100,0
3.7
149.75
5.50
3.7
National Bank of Commerce of Seattle, Wash.
600
62.2
4.4
161.67
11.46
7.1
# Union Trust Company of Pittsburgh, Pa
551
89.5
3.3
212.89
7.89
3.7
# Corn Exchange National Bank and Trust Co.,
550
90.7
2.8
146.87
4.52
3.1
- Fifth Third Union Trust Co., Ohio
537
91.2
3.6
165.80
6.46
3.9
4 Commerce Trust Co., Mo
534
93.3
4.5
142.16
6.87
4.8
4 Mississippi Valley Trust Co., Mo.
474
20.5
0.8
164.50
6.82
4.1
# Commonwealth Bank, Mich
465
67.7
4.5
129.71
8.67
6.7
e Riggs National Bank, D. C
465
8.8
0.3
171.78
6.54
3.8
# Peoples-Pittsburgh Trust Co., Pa
456
98.5
3.7
200.56
7.60
3.8
+ State Street Trust Co., Mass
441
2/
i
1
1
1
1
# Lincoln-Alliance Bank and Trust Co., N. Y..
440
85.7
3.5
158.87
6.41
4.8
Wachovia Bank and Trust Co., N. C
422
99.8
4.6
176.66
8.06
4.6
# Manufacturers and Traders Trust Co., N. Y..
419
88.8
2.5
159.90
4.51
2.8
e Manufacturers National Bank of Detroit,
Mich
418
95.5
5.1
199.34
10.63
5.3
# National City Bank of Cleveland, Ohio
416
73.6
2.6
154.84
5.40
3.5
6 Marine Midland Trust Co. of New York, N. Y.
398
93.7
3.1
218.59
7.24
3.3
# Crocker First National Bank of San Francis-
00, Calif
394
94.4
3.6
217.48
8.34
3.8
# First National Bank of Atlanta, Ga
391
16.6
1.6
164.30
16.28
9.9
# First National Bank of St. Paul, Minn
389
86.4
8.0
201.73
18.62
9.2
# First National Bank of Birmingham, Ala
385
44.7
2.8
142.86
9.06
6.3
# Central Trust Co., Ohio
380
100.0
4.7
151.58
7.11
4.7
+ U. 8. Trust Co. of New York, N. Y
369
91.1
3.0
273.71
8.93
3.3
+ Farmers and Merchants National Bank of
Los Angeles, Calif
339
99.7
12.6
193.25
24.50
12.7
Commercial National Bank and Trust Co., N.Y.
327
100.0
3.6
254.32
9.10
3.6
4 Toledo Trust Co., Ohio
321
2/
1
1
1
* Union Tenn Planters National Bank and Trust Co.,
316
93.4
2.7
161.32
4.65
2.9
Office of the (Continued) Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
3
No plan.
Banking and Finance
12
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 4)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Ohio National Bank, Ohio
316
69.6
5.9
$ 128.16
$ 10.91
8.5
# First National Bank of the City of New York,
N. Y
295
85.8
2.5
282.65
8.40
3.0
4 San Francisco Bank, Calif
295
2
1
i
í
1
1
# Brown Brothers, Harriman and Co., N. Y
293
100.0
4.2
188.03
7.94
4.2
# First National Bank of Kansas City, Mo
283
2
1
1
1
* First National Bank of Philadelphia, Pa
270
84.1
3.6
200.00
8.67
4.3
4 Republic National Bank of Dallas, Tex
265
100.0
10.1
200.38
20.28
10.1
+ First National Bank of Baltimore, Md
254
23.6
1.4
181.07
10.83
6.0
+ Indiana National Bank of Indianapolis, Ind.
253
92.9
4.5
163.04
7.87
4.8
4 First National Bank of Pittsburgh, Pa.
252
2
1
1
1
# Citizens Union National Bank, Ky
247
85.8
4.1
139.80
6.69
4.8
# Bank of California, National Trust and
Savings Association, Calif
245
99.6
3.7
225.29
8.27
3.7
4 First and Merchants National Bank, Va
235
NN
1
1
1
# Second National Bank of Boston, Mass
226
H
I
I
# National Commercial Bank and Trust Co., N.Y.
221
100.0
3.7
150.97
5.64
3.7
# Merchants National Bank of Boston, Mass
216
2
1
1
1
1
# First National Bank, Ohio
216
92.1
5.3
103.70
5.97
5.8
+ Hartford National Bank and Trust Co., Conn.
209
96.2
2.6
210.20
5.79
2.8
* Wilmington Trust Co., Del
187
2
1
1
1
1
4 State Bank of Albany, N. Y
138
96.4
5.6
187.92
10.92
5.8
4b Farmers Deposit National Bank, Pa
125
2
1
1
1
1
1
Total
108,744
83.5
3.9
$ 185.51
$ 8.66
4.7
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
-
Denotes Issuing Agent
1
Not available.
M
Not included in total.
Inclassified
Chemicals
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage
Percentage of
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
payroll of
monthly
deduction
employees
payroll
participating
participating
salary
per employee
deducted
employees
participating
deducted
E. I. du Pont de Nemours and Co., Del
131,043
87.2
6.8
$ 199.23
$ 15.43
7.7
Hercules Powder Co., Del
30,729
77.5
6.4
170.48
14.21
8.3
Union Carbide and Carbon Co., N.Y.
30,000
40.9
2.7
210.04
14.13
6.7
Eastman Kodak Co., N.Y.
25,325
93.0
5.6
220.40
13.32
6.0
Atlas Powder Co., Del
19.932
95.4
7.7
175.89
14.20
8.1
#
American Cyanamid Co., N.Y
14,102
64.9
3.2
169.88
8.40
4.9
Procter and Gamble Corp., Tenn
12,394
89.4
5.9
137.00
9.04
6.6
Monsanto Chemical Co., Mo
11.073
99.4
2.1
190.37
4.07
2.1
Dow Chemical Co., Mich.
10,837
82.5
5.4
218.79
14.34
6.6
Sherwin Williams Co., Ohio
8,520
81.2
5.2
174.95
11.15
6.4
Tennessee Eastman Corp., Tenn
7,207
94.3
4.6
131.40
6.38
4.9
Air Reduction Co., N.Y.
7,019
93.3
5.0
200.00
10.65
5.3
Allied Chemical and Dye Corp. N.Y
6,522
34.6
1.8
226.56
11.89
5.2
Colgate-Palmolive-Peet Co. N.J
6,221
92.4
8.3
176.33
15.91
9.0
#
General Aniline and Film Corp. N.Y
6,197
90.0
5.6
187.14
11.61
6.2
Solvay Process, N.Y
6.169
98.5
5.6
199.34
11.27
5.7
Lever Brothers Co. Mass
5,600
94.6
6.1
183.75
11.89
6.5
Virginia-Carolina Chemical Corp Va
5,449
1
1
1
1
1
McKesson and Robbins, N.Y
5,221
73.1
4,2
156.58
8.91
5.7
Trojan Powder Co. Ohio
5,100
80.0
6.5
186.44
15.03
8.1
Johnson and Johnson, N.J
4,868
96.7
5.2
168.59
9.10
5.4
General Chemical Co., N.Y
4,544
54.6
3.0
195.67
10.66
5.4
Sterling Products, Inc., N.Y
4,396
94.8
7.5
131.91
10.34
7.8
Parke Davis and Co., Mich
4,268
29.0
1.5
169.67
8.89
5.2
Walter Kidde and Co., Inc. N.J
4,200
83.3
2.1
265.48
6.60
2.5
Rohm and Haas, Pa
#
3,908
94.0
4.7
208.55
10.53
5.0
E. R. Squibb and Sons, N.Y
3,800
71.6
2.9
178.95
7.21
4.0
-
National Fireworks Co., Mass
3,710
75.0
3.3
210.99
9.23
4.4
#
Permanente Metals Corp., Calif
3,701
90,0
14.0
267.90
41.67
15.6
Semet Solvay Co., N.Y
3,697
76.8
4.0
173.65
9.12
5.2
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
1/ Not available.
Not included in total.
Chemicals
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
Westvaco Chlorine Products, N.Y
3,658
1
1
$
$
1
Merck and Co., N.J
3,450
96.4
4.9
205.22
8.42
4:1
Diamond Alkali Co., Pa
3,212
92.0
7.0
190.48
14.45
7.6
Interchemical Corp. N.Y
3,150
49.9
2.6
190.95
10.13
5.3
E11 Lilly and Co., Ind
3,116
100.0
12,6
380.19
47.97
12,6
American Enka Corp., N.C
3,013
33.3
2.8
122.11
10.22
8.4
American Agricultural Chemical Corp N.Y.
2,876
61,4
7.0
165.48
18.93
11.4
Michigan Alkali Co., Mich
2,563
96.5
5.3
207.71
11.46
5.5
United Drug Co. Inc., Mass
2,539
77.7
4.8
158.02
9.69
6.1
Mathieson Alkali Works, N.Y
2,423
72.6
3.2
181.51
8.10
4.5
Abbott Laboratories, Ill
2,371
91.4
5.2
177.08
10.04
5.7
Sharpe and Dohne, Inc., Pa
2,303
57.8
1
1
1
Morton Salt Co Ill
2,160
70.4
3.7
149.89
7.98
5.3
Liquid Carbonic Corp., Ill
2,059
89.1
4.3
195.27
9.43
4.8
W. P. Fuller and Co., Calif
1,946
80.6
5.9
192.42
14.07
7.3
#
Pennsylvania Salt Mfg. Co., Pa
1,891
57.5
3.8
186.56
12.22
6.6
Archer-Daniels-Midland Co., Minn
1,803
49.2
5.2
166.31
17.53
10.5
International Mineral and Chemical
Corp., Ill
1,802
42.7
2.5
143.45
8.40
5.9
Davison Chemical Corp., Md
1,792
66.1
4.6
177.10
12.34
7.0
National Cylinder Gas Co., Ill
1,693
53.2
2.7
188.46
9.58
5.1
Sylvania Industrial Corp., Va
1,639
9.6
1.0
115.92
11.94
10.3
Columbian Carbon Co N.Y.
1,631
59.4
4.1
160.36
11.12
6.9
Commercial Solvents Corp., N.Y
1,587
67.3
1.4
189.04
3.93
2.1
Devoe and Raynolds Co., N.Y
1,554
82.8
2.5
194.36
5.81
3.0
The Upjohn Co. Mich
1,520
70.3
4.9
189.59
13.20
7.0
Victor Chemical Works, Ill
1,480
99.6
9.4
150.34
14.13
9.4
American Commercial Alcohol, N.Y
1,432
1
1
i
1
Spencer Kellogg and Sons, N.Y
1,403
82.2
4.9
179.10
10.63
5.9
Mallinkrodt Chemical Co., Mo
1,400
33.1
1.6
147.50
7.08
4.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
Regraded Unclassified
Chemicals
15
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
employees
deducted
participating
deducted
4 American Potash and Chemical Co., Calif
1,327
86.0
5.9
$ 217.56
$ 14.90
6.8
U. S. Industrial Alcohol Co., N.Y
1,310
60.7
4.2
170.00
11.81
6.9
General Printing Ink Corp., N. Y
1,300 2
1
1
1
1
1
International Salt Co., N. Y
1,275
70.5
4.0
153.12
8.69
5.7
# Wm. R. Warner and Co., N. Y
1,245
59.4
3.1
148.78
7.85
5.3
+ Hoffman, LaRoche, Inc., N. J
1,204
100.0
4.6
210.83
9.77
4.6
Farley and Loetscher Manufacturing Co.,
Iowa
1,161
93.5
6.8
111.10
8.13
7.3
Redstone Ordnance Plant, Ala
1,132
76.5
5.6
131.96
9.61
7.3
Freeport Sulphur Co., N. Y
1,131
87.6
5.7
237.07
15.46
6.5
Andrew Jergens Co., Ohio
1,122
84.8
5.1
128.47
7.74
6.0
Ethyl Gasoline Corp., N. Y
1,090
59.2
3.7
268.62
17.01
6.3
# Hooker Electro Chemical Co., N. Y
1,041
98.8
6.9
216.14
15.06
7.0
F. S. Royster Guano Co., Va
1,000
31.6
3.3
136.55
14.25
10.4
Total
460,414
79.9
5.5
$ 190.96
$ 13.25
6.9
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
.
Denotes Issuing Agent
Not available.
Not included in total.
Coal and Coke
16
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
Name of Company and State
of
monthly
deduction
payroll of
employees
of aggregate
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
Koppers United Co., Pa
16,648
57.8
3.1
$ 197.74
$ 10.76
5.4
Glen Alden Coal Co., Pa
16,400
90.0
10.0
131.10
14.57
11.1
Consolidated Coal Co., N. Y
9,986
81.8
5.0
150.55
9.22
6.1
Pittsburgh Coal Co., Pa
9,471
91.7
5.4
170.50
10.13
5.9
M. A. Hanna Co., Ohio
9,200 2
1
1
Hudson Coal Co., N. Y
8,205
93.2
10.0
164.04
17.60
10.7
Peabody Coal Co., Ill
8,113
90.1
4.5
162.85
8.07
5.0
Phila. and Reading Coal and Iron Co., Pa.
8,100
98.1
3.7
126.73
4.82
3.8
Lehigh Valley Coal Co., Pa
5,908
95.3
4.2
160.96
7.02
4.4
Pocahontas Fuel Co., Va
5,627 2
1/
Rochester and Pittsburgh Coal Co., Pa
5,039
54.5
4.0
104.84
7.75
7.4
Lehigh Coal and Navigation Co., Pa
5,000
93.2
2.9
177.00
5.47
3.1
New River and Pocahontas Consolidated
Coal Co., Pa
4,997
43.6
4.6
141.82
14.87
10.4
New River Co., W. Va
4,250
32.9
2.1
149.41
9.60
6.4
Susquehanna Collieries Co., Pa
3,935
97.1
3.7
153.15
5.79
3.8
West Virginia Coal and Coke Co., Ohio
3,838
59.4
4.7
161.85
12.93
8.0
Carter Coal Co., N. Y
3,728
51.4
4.1
148.98
11.75
7.9
Berwind-White Coal Mining Co., Pa
3,690
90.7
4.1
168.51
7.62
4.5
Stonega Coke and Coal Co., Pa.
3,577
55.0
3.7
131.92
8.89
6.7
Island Creek Coal Co., Mass
3,510
50.3
3.2
154.31
9.78
6.3
Red Jacket Coal Co., W, Va
3,342
76.9
6.0
166.45
13.07
7.9
Alabama By-Products Corp., Ala
3,306
43.1
3.7
138.51
11.90
8.6
Pittston Co., Pa. 3/
3,000 2/
1
1
1
1
1
Youghiogheny and Ohio Coal Co., Ohio
2,980
42.1
2.6
148.94
9.28
6.2
Union Pacific Coal Co., Wyo
2,780
56.2
4.0
185.80
13.18
7.1
Jeddo Highland Coal Co., Pa
2,722
97.2
7.4
162.72
12.32
7.6
-
Chicago, Wilmington and Franklin Coal
Co., Ill
2,694
95.3
5.0
175.58
9.16
5.2
Clinchfield Coal Corp., Va
2,490
36.7
2.3
144.58
9.14
6.3
Elk Horn Coal Corp., Ohio
2,431 2
1
1
1
1
Christopher Mining Interests, W. Va
2,405
90.6
8,1
171.12
15.25
8.9
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
3/
No plan.
Coal and Coke
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
Name of Company and State
of
monthly
deduction
payroll of
employees
of aggregate
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Pennaylvania Coal and Coke, N. Y
2,400
47.9
2.1
$ 160.00
$ 6.96
4.3
Bell and Zoller Coal and Mining Co., Ill.
2,328
97.0
5.0
160.18
8.25
5.1
Truax-Traer Coal Co., Ill
2,300
65.2
4.2
167.72
10.70
6.4
Jamison Coal Co., Pa
2,138
92.1
5.9
164.86
10.64
6.5
Penna. Coal Co., Pa
2,113
90.0
10.0
158.20
17.58
11.1
Pond Creek Pocahontas Co., Mass
1,968
33.8
2.5
149.00
10.91
7-3
Superior Coal Co., Ill
1,967
99.6
5.2
128.79
6.72
5.2
Hicks Coal Companies, Pa
1,966
47.8
2.7
153.10
8.52
5.6
Clearfield Bituminous Coal Co., Pa. 3/
1,870
1
1
1
1
Franklin County Coal Corp., Ill
1,844
92.0
4.7
168.14
8.68
5.2
Kellys Creek Collieries, Ohio
1,825
1
1
1
1
1
West Kentucky Coal Co., Ky
1,810
38.8
1.8
139.78
6.39
4.6
Westmoreland Coal Co., Pa
1,750
91.0
6.0
146.78
9.63
6.6
De Bardeleben Coal Corp., Ala
1,723
57.2
4.4
118.92
9.20
7.7
Kingston-Pocahontas Coal Co., Inc., N.Y.
1,691
83.7
5.1
151.84
9.23
6.1
01d Ben Coal Corp., Ill
1,605
66.9
3.7
148.10
8.16
5.5
Rall and River Coal Co. Ohio
1,601
63.2
3.1
149.90
7.31
4.9
Eastern Coal Corp. W. Va
1,600
30.1
2.7
150.39
13.70
9.1
Pittsburgh Coke and Iron Co., Pa
1,598
87.8
3.8
197.92
8.49
4.3
Pittsburgh Terminal Coal Co., Pa. 3/
1,500
1
1
1
1
Stearns Coal and Lumber Co., Ky
1,500
30.7
2.3
154.76
11.58
7.5
Amer. Coal Co. of Allegheny County,
W. Va
1,467 2
1
1
1
1
1
Union Collieries Co., Ill
1,438
91.2
4.6
181.50
9.14
5.0
Valley Camp Coal Co., Ohio
1,407
1
1
1
1
Number Nine Coal Co., Pa
1,350
87.0
4.2
160.94
7.78
4.8
Alabama Fuel and Iron Co., Ala
1,300
61.5
3.1
153.85
7.87
5.1
Reitz Coal Co., Pa
1,289
85.4
4.3
161.28
8.15
5.1
Heisley Coal Co. Pa
1,252
50.0
2.7
177.42
9.52
5.4
Heddook Mining Co., Pa
1,240
98.0
7.2
162.90
11.93
7.3
Kehoe-Berke Coal Co., Pa
1,217
93.0
2.8
78.50
2.36
3.0
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
1/ Not available.
2/ Not included in total.
3/ No plan.
Coal and Coke
18
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
Ebensburg Coal Co., Pa
1,182
91.2
3.6
$ 184.03
$ 7.26
3.9
Jewell Ridge Coal Corp., Va
1,175
72.6
4.8
145.48
9.57
6.6
Ford Collieries Co., Pa.
1,171
88.6
4.5
170.79
8.74
5.1
Edison Anthracite Coal Co., Pa
1,157
99.1
9.7
170.15
16.65
9.8
#
Eastern Gas and Fuel Assoc., Mass
1,144
93.4
2.5
198.60
5.35
2.7
Penn Anthracite Collieries Co., Pa
1,112
90.0
10.0
125.17
13.91
11.1
Columbus Mining Co., Ill
1,100
43.4
3.2
134.18
10.13
7.6
Powhatan Mining Co., Ohio
1,093
52.9
3.6
168.81
11.63
6.9
Weirton Coal Co., Pa.
1,071
98.2
5.5
163.87
9.13
5.6
H. E. Harmon Coal Corp., Va
1,060 2
1
1
1
Blue Diamond Coal Co., Va
1,050
46.3
3.1
167.18
11.14
6.7
Burns Bros, N.Y.
1,000
76.4
3.5
180.00
8.20
4.6
Winding Gulf Collieries, W. Va
1,000
66.0
5.4
163.00
13.33
8.2
Total
203,357
74.6
4.9
$156.61
$10.20
6.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
1/
Denotes Issuing Agent
Not available.
2/ Not included in total
31 No plan.
Construction and Building Material
19
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
. Crane Company, Ill
16,631
68.6
3.9
$219.09
$12.46
# Armstrong Cork Co., Pa,
5.7
12,865
82.1
3.5
158.04
6.65
4.2
Lowry Field Project, Colo
12,301
27.4
2.0
162.59
11.91
Johns Manville Corp., N. Y
7.3
12,072
90.1
4.4
171.84
8.31
4.8
American Radiator and Standard Sanitary
Co., N. Y
11,480
81.5
4.0
188.23
9.26
4.9
McNeil Construction Co., Nev
10,000
65.0
6.7
300.00
30.77
Otis Elevator Co., N. J.
10.3
8,603
90.8
6.4
270.47
19.17
7.1
Rigge, Distler & Co., N. Y
8,500
1
1
# General Fire Extinguisher Co., R. I
8,407
37.9
3.2
124.33
10.65
8.6
# U. S. Gypsum Co., Ill
7,497
* Walworth Co., N. Y
7,467
90.3
5.3
153.00
8.95
5.8
Fraser-Brace Engineering Co., Pa
6,850
94.3
6.3
194.16
12.91
6.6
Harmon, Cowen & Norton Tankersley
Construction Col, Okla
6,317
71.2
1.9
204.13
5.32
2.6
Maxon Construction Co., Inc., Ind
6,200
100.0
8.5
200.34
17.01
8.5
Virginia Engineering Co., Va
5,709
65.2
6.1
196.14
18.24
9.3
Brown-Bellows-Columbia, Texas
4,764
94.5
10.0
208.63
22.08
10.6
# Midwest Construction and Asphalt Co., Ill
4,177
13.0
1.5
178.42
20.93
11.7
Colorado Springs Constructors Inc., Colo.
4,120
0.5
3
316.59
16.00
4.9
* Flintkote Co., N. Y
3,891
86.3
4.8
166.03
9.31
5.6
Kohler Co., Wisc
3,854
98.9
1.8
162.00
*
3.01
U. S. Pipe and Foundry Co., N. J.
1.9
3,716
72.1
3.6
187.62
9.45
5.0
Bayonne Associates, N. J
3,602
100.0
13.5
329.63
44.35
13.5
Ruberoid Co., N. J
3,337
86.3
4.3
193.29
9.68
5.0
Utah-Pomeroy-Morrison Contractors, Utah
3,220
37.7
3.9
196.68
20.41
10.4
Winneapolis-Honeywell Regulator, Minn
3,219
77.2
5.3
221.97
o Philip Carey Manufacturing Co., Ohio
15.33
6.9
3,167
94.1
4.6
165.35
8.09
Fuller, Geo. A., Co., N. J
4.9
3,063
1
1
1
National Gypaum Co., N. Y
3,043
59.3
2.8
161.72
7.62
4.7
Byrne Organization, Va
3,029
90.0
13.0
211.06
30.49
14.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Not available.
Not included in total.
Less than .05 percent.
Construction and Building Material
20
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
+ White Construction Co., N. Y
3,000
90.8
8.5
$243.24
$22.78
9.4
Barber-Colman Co., Ill
2,900
91.4
10.0
227.59
24.91
10.9
M. J. Boyle and Co., and S. A. Healy Co.
Ill.
2,619
92.3
13.3
247.33
35.69
14.4
Kellogg (M. W.) Co., N. J
2,585
76.4
7.8
197.42
20.08
10.2
Masonite Corp., Ill
2,570
70.9
5.7
134.51
10.87
8.1
Chapman Valve Manufacturing Co., Mas
2,375
77.7
3.5
240.18
10.81
4.5
+ Walter Kidde and Co., N. Y
2,362
2
Celotex Corp.,
2,342
64.8
7.2
98.95
11.00
11.1
Bryant and Detwiler, Mich
2,300
70.7
8.0
320.46
36.22
11.3
* Gilbane Building Co., Inc., R. I.
2,180
70.2
6.9
332.11
32.58
9.8
Cummins Construction Co., Md
2,177
100.0
12.0
237.98
28.56
12.0
Barrett and Hilp, Va
2,150
48.1
7.3
214.88
32.56
15.2
# Gibbs and Cox Inc., N. Y
2,095
76.4
6.3
288.07
23.88
8.3
# Leonard Construction Co., Ill
2,015
58.0
6.1
280.82
29.60
10.5
National Fireproofing Corp., Pa
2,014
2
# Harrison Construction Co., Pa
2,000
85.0
3.7
175.00
7.65
4.4
Foundation Company, N. Y
1,928
49.8
4.7
313.56
29.27
9.3
Air Base Project, Texas
1,850
46.2
8.2
251.15
44.70
17.8
book Joint Pipe Co., N. J
1,703
2
* Merritt-Chapman and Scott Corp., N. Y
1,692
29.6
2.8
197.02
18.37
9.3
Peraffine Companies, Calif
1,665
84.0
5.4
250.02
15.96
6.4
Arundel Corp., Md
1,640
47.4
4.5
250.97
24.06
9.6
National Rediator Co., Pa
1,620
93.8
4.3
173.46
7.90
4.6
Cauldwell-Wingate Co., N. C
1,600
3.1
0.1
343.75
9.50
2.8
Thompson-Starrett Co., Inc., N. Y
1,548
61.2
5.1
170.03
14.10
8.3
Standard Dredging Corp., N. Y
1,500
2
1
1
- Consumers Co. of Illinois, Ill
1,322
66.0
3.6
181.07
9.88
5.5
# Irwin and Leighton, Pa.
1,300
38.5
2.5
307.69
20.29
6.6
+ Great Lakes Dredge and Dock, Ill
1,288
34.5
2.6
253.88
19.23
7.6
# Baboock and Wilcox Co., N. Y
1,282
54.6
2.7
242.78
12.09
5.0
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
2/ Not included in total.
Construction and Building Material
21
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-3)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
Platt Construction Co., Inc., R. I
1,184
85.8
9.0
$322.57
$33.65
10.4
e McCloskey & Co., Pa
1,177
9.0
1.9
195.00
40.19
20.6
Frazier-Davis Construction Co., Mo
1,114
92.3
13.0
252.89
35.63
14.1
Detroit Steel Products Co., Mich
1,104
80.8
6.6
270.49
22.22
8.2
Union Metal Manufacturing Co., Ohio
1,097
100.0
5.3
237.06
12.54
5.3
Certainteed Products Corp., Md
1,063
76.3
4.2
185.75
10.21
5.5
General Construction Co., Wash
1,030
25.9
4.0
238.63
36.98
15.5
Inland Construction Co., Nebr
1,020
4.2
0.4
196.10
20.86
10.7
Swanson Construction Co., Mo
1,014
77.6
9.4
199.12
24.04
12.1
Universal Concrete Pipe Co., Ohio
1,014
13.1
0.9
112.32
8.09
7.2
Daniel J. Keating Co., Pa
1,000
1.9
0.2
250.20
22.32
8.9
Warner Company, Pa
1,000
84.6
2.9
240.00
8.27
3.4
Total
236,901
70.0
5.3
$208.58
$15.93
7.8
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Electrical Equipment
22
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
a General Electric Co., N. Y
142,403
92.1
9.7
$ 210.67
$ 22.12
10.5
Westinghouse Electric and Manufacturing
Co., Pa.
88,741
90.1
10.6
236.34
28.74
12.2
e Western Electric Co., Inc., N. Y
71,473
96.9
5.5
216.31
12.35
5.7
. R. C. A. Manufacturing Co., N. J
22,372
85.1
7.2
205.28
17.44
8.5
e Allis Chalmers Manufacturing Co., Wis
21,977 2/
1
1
e Hygrade Sylvania Corp., Mass
7,901
86.7
4.6
130.51
6.89
5.3
# Cutler-Hammer, Inc., Wis,
7,817
40.3
1.6
181.42
7.36
4.1
9 Emerson Electric Manufacturing Co., Mo
6,765
26.6
2.3
207.13
18.10
8.7
# Philco Corp., Pa
6,615
93.6
5.0
151.14
8.07
5.3
Square D Company, Mich
4,822
36.8
2.8
202.97
15.30
7.5
6 Weston Electric Instrument Co., N. J
4,033
96.4
3.6
204.91
7.76
3.8
Automatic Electric Co., Ill
3,874
73.8
4.5
199.99
12.06
6.0
e Wagner Electric Co., Mo
3,745
16.1
1.1
168.88
11.61
6.9
Zenith Radio Corp., Ill
3,741
91.0
7.0
149.02
11.43
7.7
e Union Switch and Signal Co., Pa
3,684
60.6
4.0
255.64
16.89
6.6
e Graybar Electric Co., N. Y
3,652 2)
1
1
1
1
1
Thomas A. Edison, Inc., N. J
3,620
94.0
2.8
196.54
5.84
3.0
4 Sangamo Electric Co., Ill
3,300
2
1
1
1
+ Ken-Rad Tube and Lamp Corp., Ky
3,235
93.8
8.8
130.31
12.19
9.4
# Teletype Corp., Ill
2,907
90.3
6.5
196.44
14.15
7.2
Louis Allis Co., Wis
2,454
55.9
7.5
162.39
21.91
13.5
Stromberg-Carlson Telephone Manufacturing
Co., N. Y
2,410
94.8
6.0
178.11
11.25
6.3
Raytheon Manufacturing Co., Mass
2,408
90.0
10.0
122.92
13.66
11.1
+ I. T. E. Circuit Breaker Co., Pa
2,387
84.9
5.7
217.39
14.69
6.8
. Kellogg Switchboard and Supply Co., Ill
2,356
60.1
1.4
134.70
3.08
2.3
. Edison General Electric Appliance Co.,
Inc., Ill
2,301
88.3
3.7
188.81
7.99
4.2
# Century Electric Co., Mo
2,300
91.3
4.7
174.78
9.14
5.2
Robbins and Meyers Co., Ohio
2,295
86.5
4.5
179.57
9.44
5.3
e The Hoover Co., Ohio
2,250
97.5
8.2
244.07
20.54
8.4
Arrow-Hart Conn and Hegemen Electric Co.,
2,200 2/
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Electrical Equipment
23
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
* National Electric Products Co., Pa
2,195
87.1
5.5
$ 177.68
$ 11.12
6.2
4 National Union Radio Corp., N. J
2,133
43.1
1.8
123.00
5.07
4.1
Continental Diamond Fibre Co., Del
2,077
46.7
2.3
142.44
6.91
4.9
Crosley Corp., Ohio
2,077
2
1
1
1
1
1
# Leeds and Northrup Co., Pa
2,020
87.6
6.9
213.86
16.95
7.9
# Ward Leonard Electric Co., N. Y
2,007
87.9
3.2
190.55
7.01
3.7
# General Instrument Co., N, J
2,000
19.0
2.4
131.00
16.41
12.5
. Sparks-Withington Co., Mich
1,875
98.7
8.0
196.27
15.92
8.1
The Line Material Co., Wis
1,861 2
1
1
1
1
1
The B. G. Corp., N. Y
1,800
75.0
5.2
138.89
9.63
6.9
International Resistance Co., Pa
1,744
74.5
3.4
140.77
6.46
4.6
6 General Electric X-Ray Corp., Ill
1,737
92.2
4.7
210.34
10.71
5.1
Farnsworth Television and Radio Corp., Ind.
1,730
86.4
5.3
167.89
10.29
6.1
4 Dictaphone Corp., Conn
1,712
67.8
3.1
207.18
9.38
4.5
Galvin Manufacturing Corp., Ill
1,711
82.8
4.8
151.96
8.83
5.8
# Oak Manufacturing Co., Ill
1,675
75.3
6.2
149.71
12.22
8.2
Globe-Union, Inc., Wis
1,659
81.1
5.0
155.58
9.67
6.2
e Tung-Sol Lamp Works, N. J.
1,650
93.3
8.2
140.61
12.31
8.8
* Federal Telegraph Co., N. J
1,565
47.2
3.7
205.57
16.07
7.8
4 Allen-Bradley Co., Wis
1,549
26.5
2.2
182.66
15.17
8.3
The Lecce-Neville Co., Ohio
1,497
47.2
3.3
209.71
14.66
7.0
Colonial Radio Corp., N. Y
1,472
92.0
11.0
186.82
22.34
12.0
Hammarlund Manufacturing Co., N. Y
1,450
63.8
4.9
162.07
12.43
7.7
Jefferson Electric Co., Ill
1,448
65.4
3.7
129.80
7.39
5.7
# The Hobart Manufacturing Co., Ohio
1,446
92.9
9.7
218.64
22.76
10.4
# Decca Records, Inc., N. Y
1,425
51.4
3.1
102.71
6.11
5.9
Sprague Specialties Co., Mass
1,400
68.9
2.6
144.76
5.42
3.7
9 Trumbull Electric Manufacturing Co., Conn.
1,399
76.3
4.7
207.09
12.68
6.1
Reliance Ohio Electric and Engineering Co.,
1,380
24.3
2.2
177.54
16.42
9.2
Connecticut Conn Telephone and Electric Corp.,
1,363
94.2
8.4
161.04
14.37
8.9
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942,
. 1 Denotes Issuing Agent
Not available.
Not included in total.
Electrical Equipment
24
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
Cornell Dubilier Electric Corp., N. J
1,350
50.0
3.2
$ 103.70
$ 6.67
6.4
Belden Manufacturing Co., Ill
1,338 2/
1
.1
1
1
1
# Radio Condenser Co., N. J
1,323
98.3
8.0
185.72
15.18
8.2
Lincoln Electric Co., Ohio
1,277
23.4
1.4
217.89
13.44
6.2
# Chicago Flexible Shaft Co., Ill
1,275
86.3
7.9
190.59
17.36
9.1
# Holtser-Cabot Electric Co., Mass
1,267
75.6
4.4
167.87
9.87
5.9
e The Leland Electric Co., Ohio
1,255
100.0
9.5
156.58
14.87
9.5
# Speer Carbon Co., Pa.
1,247
93.0
10.0
169.00
18.17
10.8
# Hobart Bros. Co., Ohio
1,204
87.2
7.0
225.02
17.94
8.0
Burgess Battery Co., Ill
1,200
82.5
4.4
135.00
7.17
5.3
General Precision Equipment Corp., N. Y. 3
1,200
1
1
1
1
1
Stackpole Carbon Co.,
1,171
88.0
3.7
170.37
7.17
4.2
Crocker-Wheeler Electric Manufacturing Co.
N. J.
1,165
46.4
2.3
195.71
9.72
5.0
# Leviton Manufacturing Co., Inc., N. Y
1,126
50.4
3.7
130.04
9.51
7.3
# Chicago Transformer Corp., Ill
1,081
100.0
7.7
134.31
10.35
7.7
* Okonite Co., N. J.
1,080
95.6
4.9
257.54
13.29
5.2
Magnavox Co., Inc., Ind
1,075
89.4
7.4
139.35
11.57
8.3
# Holmes Electric Protective Co., N. Y
1,072
84.8
3.9
176.66
8.16
4.6
Electro Dynamic Co., N. J
1,064
72.1
3.8
178.34
9.35
5.2
Solar Manufacturing Corp., N. J
1,061
66.5
2.6
207.35
8.24
4.0
6 Columbia Recording Corp., Conn
1,060
50.2
2.5
189.07
9.24
4.9
Erie Resistor Corp., Pa
1,022
90.5
5.5
134.06
8.19
6.1
Total
479,403
85.4
7.8
$ 204.48
$ 18.63
9.1
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Food Products
25
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
National Dairy Products, N. Y
36,697
2
1
1
1
1
1
e Borden Co., N. Y
24,956
53.8
2.8
$ 187.64
29*6 $
e National Biscuit Co., N. Y
21,826
5.1
2
1
1
1
1
1
General Baking Co., N. Y
12,246
I
I
I
# Continental Baking Co., N, Y
11,900
81.0
5.1
177.79
11.24
6.3
Kraft Cheese Co., Ill
10,275
85.6
4.8
158.54
8.92
5.6
# Loose-Wiles Biscuit Co., Mo
9,478
38.9
1.7
144.82
6.48
4.5
General Mills, Inc., Minn.
8,701
65.0
4.1
201.00
12.53
6.2
6
Standard Brands, Inc., N. Y
8,300
58.7
2.7
157.11
7.31
4.7
. Campbell Soup Co., N. J
7,576
89.8
3.6
179.24
7.23
4.0
Wesson 011 and Snowdrift Co., La
7,500
2
1
1
1
1
1
Purity Bakeries Corp., Ill
7,000
H
I
I
6 Ward Baking Co., N. Y
6,380
56.2
3.3
214.08
12.51
5.8
Sheffield Farms Co., N. Y
6,106
73.5
2.8
202.12
7.78
3.8
United Biscuit Co. of America, Ill
6,073
73.0
3.7
133.26
6.81
5.1
# E. J. Heinz Co., Pa
6,058
76.3
3.4
172.08
7.60
4.4
# Schenley Distillers Corp., N. Y
5,609
81.6
3.9
148.58
7.01
4.7
Stokeley Bros. and Co., Inc., Ind
5,384
16.0
1.1
99.81
7.14
7.1
6 Carnation Co., Wis
5,200
55.5
2.8
142.31
7.16
5.0
# Anheuser-Busch, Inc., Mo
5,000
67.7
4.3
193.60
12.41
6.4
. American Sugar Refining, N. Y
4,687
80.5
3.3
131.24
5.35
4.1
4 National Sugar Refining, N. Y
4,412
66.5
1.7
188.82
4.82
2.6
Horn and Hardart Baking Co., Pa
4,400
70.5
3.0
95.45
4.02
4.2
Quaker Oats Co., Iowa
4,300
83.8
5.1
155.59
9.40
6.0
e National Distillers Products Corp., N. Y.,
3,936
43.2
3.5
144.49
11.63
8.0
4 Hershey Chocolate Corp., Pa
3,934
91.8
7.5
124.09
10.10
8.1
4 Interstate Bakeries Corp., Mo
3,769
37.6
2.6
168.18
11.74
6.9
e Libby, MoNeil and Libby, Ill
3,443
2
1
1
1
1
1
Minnesota Valley Canning Co., Minn
3,439
11.3
0.9
104.82
8.38
8.0
+ Phillips Packing Co., Inc., Md
3,200
8.6
0.5
103.12
5.82
5.6
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
Food Products
26
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
J. D. and A. B. Spreckels Co., Calif
3,142
49.4
#
3.9
$ 172.60
$ 13.72
7.9
Hiram Walker-Gooderham and Worts, Canada
3,109
90.0
10.0
114.07
12.68
11.1
Corn Products Refining Co., N. Y.
3,073
81.5
4.7
214.74
12.39
5.8
Utah-Idaho Sugar Co., Utah
3,040
2
1
1
1
1
1
e Bowman Dairy Co., Ill
2,932
92.3
5.3
235.45
13.62
5.8
Pillsbury Flour Mills Co., Minn
2,909
63.5
3.4
193.58
10.41
5.4
Hathaway Bakeries, Inc., Mass
2,901
50.4
2,1
187.39
7.91
4.2
American Bakeries Co., Ga
2,835
95.9
9.0
143.41
13.47
9.4
Fehr (Frank) Brewing Co., Ky
2,771
1
1
1
4 Godchaux Sugars, Inc., La
2,700
67.3
3.3
75.55
3.67
4.9
4 Golden State Co., Ltd., Calif
2,600
74.5
3.1
205.20
8.46
4.1
Abbotts Dairies, Inc., Pa.
2,506
2
i
1
1
1
1
+ Cushman's Sons, Inc., N. Y
2,463
81.2
3.5
198.34
8.67
4.4
# Omar's, Inc., Nebr
2,400
62.5
3.1
146.67
7.00
4.9
Zellogg Co., Mich
2,384
96.0
5.7
213.59
12.69
5.9
@ Joseph Schlitz Brewing Co., Wis
2,335
61.0
3.0
194.97
9.64
4.9
Dairymen's League Co-Operative Association,
N. Y.
2,300
65.3
2.4
152.17
5.54
3.6
+ Supplee-Wills-Jones Milk Co., Pa
2,273
33.2
1.6
202.90
9.65
4.8
* Canada Dry Ginger Ale, Inc., N. Y
2,200
95.0
4.5
159.09
7.51
4.7
United Fruit Co., Mass
2,149
58.4
3.9
203.35
13.49
6.6
6 Ralston Purina Co., Mo
2,075
54.1
2.9
214.80
11.63
5.4
American Ice Co., N. Y
2,019
85.0
3.1
170.82
6.24
3.7
Great Western Sugar Co., Colo
2,002
61.2
8.1
168.03
22.18
13.2
A. R. Staley Manufacturing Co., Ill
1,941
2,
1
1
1
1
1
Planters Nut and Chocolate Co., Pa
1,910
72.1
4.7
92.66
6.09
6.6
# Rm. Wrigley, Jr. Co., Ill
1,900
95.8
4.8
137.89
6.96
5.0
Arden Farms, Inc., Wash
1,878
90.2
5.8
206.42
13.29
6.4
# P. Ballantyne and Sons, N. J
1,800
94.4
5.0
250.00
13.35
5.3
Hecker Products Corp., N. Y
1,800 2
1
1
1
1
* American Maise Products Co., N. Y
1,781
79.7
5.1
212.40
13.53
6.4
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
Food Products
27
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
payroll
participating
employees
participating
salary
per employee
employees
deducted
participating
deducted
Rocky Mountain Packing Co., Utah
1,750 2
1
1
1
1
1
Detroit Creamery Co., Mich
1,737
81.7
4.9
$ 229.71
$ 13.67
6.0
#
Langendorf United Bakeries, Calif
1,730
45.7
3.3
215.10
15.63
7.3
# Nestles Milk Product, N. Y
1,700 2
1
1
1
1
1
# Pabst Brewing Co., Wis
1,695
84.4
4.3
187.78
9.52
5.1
# California Hawaiian Sugar Refinery, Calif.
1,679
91.8
4.7
192.53
9.78
5.1
Allied Mills, Inc., Ill
1,628
99.3
8.0
242.89
19.56
8.0
* Reid, Murdook and Co., Ill
1,593
85.4
5.9
128.78
8.96
7.0
B California Packing Corp., Calif
1,587 2,
1
1
1
1
1
Runt Bros. Packing Co., Calif
1,586
29.3
3.4
120.73
14.02
11.6
Creameries of America, Calif.3.
1,574
2/
1
1
1
1
1
6 Jacob Ruppert, Inc., N. Y
1,545
46.6
1.6
202.10
7.05
3.5
Exylers Candy Co., N. Y
1,500 2,
1
1
1
1
1
# Rieck-MoJunkin Dairy Co., Pa
1,482
89.1
5.6
192.70
12.06
6.3
# P, and M. Schaefer Brewing Co., N, Y
1,482
100.0
4.0
323.11
12.78
4.0
# Columbia Baking Co., Ga
1,449
66.4
4.6
124.86
8.69
7.0
Peter Cailler-Kohler Swiss Chocolate Co.,
N. Y
1,448
28.4
1.5
134.86
7.35
5.4
Telling-Belle Vernon Co., Ohio
1,416
68.6
3.1
177.34
8,05
4.5
Washington Co-operative Egg and Poultry
Association, Wash
1,412
66.4
6.8
125.36
12.80
10.2
+ Philadelphia Dairy Products, Pa
1,406
73.8
3.9
185.77
9.85
5.3
6 Dagan Brothers of New Jersey, N. J
1,373
81.1
2.8
165.26
5.71
3.5
0. H. Hammond Co. of Illinois, Ill
1,362
94.1
8.0
138.98
11.86
8.5
Stephen F. Whitman and Son, Inc., Pa
1,356
47.9
2.8
88.13
5.13
5.8
e W. P. Schrafft and Sons Corp., Mass
1,312
100.0
2.3
114.32
2.61
2.3
American Chicle Co., N.Y
1,310
93.5
4.3
159.24
7.28
4.6
Poultry Calif Products of Central California,
1,285
63.3
3.9
139.02
8.48
6.1
Cargill, Inc., Minn
1,255
70.9
5.0
180.16
12.91
7.3
. E. J. Brach and Sons, Ill
1,250
88.0
6.7
135.09
10.30
7.6
e Pepsi-Cola Co., N, Y
1,250
93.6
4.7
202.72
10.08
5.0
6 Resenberg Brothers and Co., Calif
1,250
79.7
6.8
136.80
11.75
8.6
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Food Products
28
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 4)
Percentage
Percentage of
Number
Percentage of
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
employees
deducted
participating
deducted
6 Rookwood and Co., N. Y
1,245 2/
1
1
1
1
1
Coca Cola Co., Del
1,237
62.5
2.6
$ 226.70
$ 9.36
4.1
# Hoffman Beverage Co., N. J
1,217
72.1
1.5
172.56
3.63
2.1
# Cracker Jack Co., Ill
1,204
100.0
6.2
127.66
7.97
6.2
# Vande Kamp's Holland Dutch Bakers, Ino.
Calif
1,200 2,
1
1
1
# Best Foods, Inc., N. Y
1,194
82.5
5.5
190.95
12.69
6.6
Gerber Products Co., Mich
1,171
50.2
3.5
115.19
8.00
6.9
Lance, Inc., N. C
1,158
10.2
0.9
91.67
8.39
9.1
# Frankfort Distilleries, Ky
1,153
99.5
10.0
214.92
21.60
10.1
4 Falstaff Browing Co., Mo
1,132
97.2
5.1
177.44
9.23
5.2
Fairmont Canning Co., Minn
1,129
11.2
0.5
252.29
10.71
4.3
6 Pevely Dairy Co., Mo.
1,110
46.6
2.0
193.12
8.15
4.2
# Penick and Ford, Ltd., Inc., N. Y
1,105
90.5
5.0
191.57
10.66
5.6
# Griggs, Cooper and Co., Minn.
1,070
62.8
4.9
120.86
9.41
7.8
* Chickasha Cotton 011 Co., Okla
1,025
10.8
2.3
85.85
18.47
21.6
Richmond Chase Co., Calif
1,021
20.7
1.4
184.44
12.22
6.6
Columbia River Packers Association, Inc.,
Ore,
1,019
17.7
2.4
104.30
14.41
13.8
* Pabst Brewing Co., Ill
1,019
60.5
4.7
175.08
13.65
7.8
Distillers Corp.-Seagrams, Ltd., N. Y
1,000 2
1
1
1
1
1
Holly Sugar Corp., Colo
1,000
H
I
H
I
H
+ Liebmann Breweries, Inc., N. Y
1,000
100.0
2.6
290.00
7.60
2.6
+ Pet Milk Co., Mo.
1,000 2
1
1
1
Total
278,398
66.5
3:8
$ 168.17
$ 9.58
5.7
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
9 Denotes Issuing Agent
Not available.
Not included in total.
Glass, Stone, Brick, Clay and Cement
29
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
Pittsburgh Plate Glass Co., Pa
16,833
41.4
2.3
$ 173.68
$ 9.73
5.6
Owens Illinois Glass Co., Ohio
16,554
89.0
3.3
154.50
5.78
3.7
e Anchor Hocking Glass Co., Ohio
10,997
90.3
3.4
118.50
4.51
3.8
# Bausch and Lomb Optical Co., N. Y
9,059
87.7
4.5
193.27
10.02
5.2
Corning Glass Works, N. Y
8,678
85.4
4.4
115.23
5.88
5.1
Lehigh Portland Cement, Pa
7,415
66.8
4.8
170.94
12.36
7.2
0 Harbison Walker Refractories, Pa
7,097
95.0
5.8
140.07
8.59
6.1
4 Hasel Atlas Glass Co., W. Va
6,433
52.4
2.7
205.39
10.46
5.1
e General Refractories Co., Pa
6,224
97.4
8.5
137.53
12.03
8.7
American Optical Co., Mass
5,490
79.6
2.5
155.08
4.81
3.1
Libbey-Owens-Ford Glass Co., Ohio
5,398
60.2
3.3
168.12
9.28
5.5
# Carborundum Co., N. Y
5,214
81.0
3.2
199.80
7.84
3.9
Universal Atlas Cement, N. Y
4,585
78.6
3.1
167.32
6.65
4.0
4 Kimble Glass Co., N. J
3,999
64.5
1.9
116.71
3.41
2.9
Homer Laughlin China Co., W. Va
3,269
75.8
5.2
128.45
8:80
6.8
Lone Star Cement Corp., N. Y
2,877
69.8
5.0
152.91
11.00
7.2
# North American Refractories, Ohio
2,496
75.6
6.0
149.75
11.83
7.9
American Window Glass Co., Pa
2,300
85.9
3.7
189.13
8.10
4.3
Barre Granite Manufacturers, Vt
2,080 2,
1
1
1
1
1
+ Keasley and Mattison Co., Pa
2,016
22.2
1.5
194.77
13.00
6.7
Pennsylvania Dixie Cement Corp., Pa
1,776
82.3
6.4
154.50
11.97
7.7
Federal Glass Co., Ohio
1,764
84.3
4.3
115.81
5.91
5.1
Onondaga Pottery Co., N. Y
1,625
87.9
3.7
110.61
4.71
4.3
A. P. Green Fire Brick Co., Mo
1,579
81.6
5.8
139.94
10.01
7.2
Alpha Portland Cement, Pa
1,492 2
1
1
1
1
1
4 Isolantite, Inc., N. J
1,457
31.8
1.8
146.17
8.50
5.8
Standard Lime and Stone Co., Md
1,402
93.2
4.3
141.07
6.48
4.6
Laclede Christy Clay Products, Mo
1,360
74.5
4.1
150.51
8.29
5.5
+ Medusa Portland Cement, Ohio.
1,270
96.3
4.7
181.10
8.76
4.8
+ General Ceramic and Steatite Co., N. J
1,118
80.9
3.2
166.04
6.51
3.9
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
4 Denotes Issuing Agent
Not available.
Not included in total.
Regraded Unclassified
Glass, Stone, Brick, Clay and Cement
30
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
{Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
1. S. Dickey Clay Manufacturing Co., Mo
1,100
81.8
6.5
$ 99.00
$ 7.75
7+9
Tilo Roofing Co.,
1,000
47.7
2.2
166.15
7.59
4.6
Taylor, Smith and Taylor Co., W. Va
1,000
81.3
8.3
129.34
13.24
10.2
Total
143,385
75.0
3.8
$156.00
$ 7.96
5.1
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Household Appliances
31
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
+ Singer Manufacturing Co., N. Y
10,070
82.2
3.9
$ 247.65
$ 11.65
4.7
Rheem Manufacturing Co., Calif
6,650
67.4
3.2
198.25
9.43
4.8
Servel Inc., Ind., 3
4,000 2
1
1
1
1
1
International Silver Co., Conn
3,789
64.5
3.4
207.13
10.76
5.2
Landers, Frary and Clark, Conn
3,000
2)
1
1
1
National Enameling and Stamping Co., Wis
2,500
38.4
2.1
150.00
8.19
5.5
Electrolux Corp., N. Y
2,299
62.5
3.5
169.24
9.37
5.5
Mullins Manufacturing Co., Ohio
2,150
54.0
4.3
151.63
12.00
7.9
Oneida, Limited, N. Y
2,134
76.1
4.6
173.15
10.56
6.1
American Stove Co., Mo
1,977
2)
1
1
1
1
1
Apex Electrical Manufacturing Co., Ohio
1,960
51.8
3.0
221.32
12.84
5.8
Easy Washing Machine Co., N. Y
1,752
34.2
1.4
238.41
9.66
4.1
Electric Household Utilities, Ill
1,717
91.4
4.6
150.26
7.50
5.0
De Vilbiss Co., Ohio
1,634
98.5
5.8
235.01
13.73
5.8
Sunbeam Electric Manufacturing Co., Ind
1,527
77.5
4.1
158.91
8.45
5.3
Aluminum Goods Manufacturing Co., Wis
1,512
58.3
4.2
138.12
9.90
7.2
Coleman Lamp and Stove Co., Kans
1,504
48.3
2.9
170.07
10.28
6.0
Altorfer Brothers Co., Ill
1,486
Maytag Co., Iowa
INNN
2
1
1
1
1
1
Perfection Stove Co., Ohio
1,471
I
I
I
1,450
H
I
I
R. Wallace and Sons, Inc., Conn
1,434
83.2
4.1
160.02
7.86
4.9
Gorham Manufacturing Co., R. I
1,265
50.0
2.5
182.85
9.31
5.1
Norris Stamping and Manufacturing Co.,
Calif
1,185
98.7
6.4
188.75
12.18
6r5
Fuller Brush Co., Conn
1,164
77-7
6.9
169.70
15.08
8.9
American Thermos Bottle Co., Conn
1,121
36.4
2.8
161.11
12.51
7.8
A. C. Gilbert and Co., Conn
1,000
37.3
1.8
137.39
6.45
4.7
Total
48,367
67.5
3.7
$ 195.39
$ 10.63
5.4
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Insurance
32
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
of aggregate
payroll of
Name of Company and State
of
employees
monthly
deduction
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
Prudential Insurance Co. of America, N. J.
38,051
96.8
3.8
$ 224.79
$ 8.81
3.9
4 Metropolitan Life Insurance Co., N. Y
18,448
94.5
7.6
193.52
15.46
8.0
Travelers Insurance Co., Conn
11,696
77.0
2.6
174.69
5.97
3.4
# Actna Insurance Co., Conn
7,849
38.1
1.6
177.03
7.44
4.2
6 Liberty Mutual Insurance Co., Mass
4,750
100.0
5.7
136.84
7.76
5.7
4 New York Life Insurance Co., N. Y
4,652
90.8
4.6
157.36
8.02
5.1
National Life and Accident Insurance Co.,
Tenn
4,581
91.8
5.5
208.64
12.55
6.0
+ Equitable Life Assurance Society of the
United States, N. Y
4,078
47.7
1.6
166.09
5.50
3.3
John Hancook Mutual Life Insurance Co.,
Mass
4,000
85.0
1.0
115.00
1.32
1.2
Western and Southern Life Insurance Co.,
Ohio
3,807
# Mutual Life Insurance Co. of New York,
N.
3,476
72.6
3.5
164.92
8.06
4.9
Firemen's Insurance Co. of Newark, N.
3,109
88.5
4.1
140.84
6.54
4.6
* United States Fidelity and Guaranty Co.,
Md
2,919
51.9
2.7
156.91
8.03
5.1
North American Companies, Pa
2,727
57.8
2.3
172.55
6.76
3.9
Hartford Accident and Indemnity Co., Conn.
2,694
55.7
2.7
159.15
7.77
4.9
Fidelity and Casualty Co. of N. Y., N. Y..
2,360
72.7
2.7
156.78
5.79
3.7
Continental Casualty Co., Ind
2,171
89.9
4.1
142.47
6.43
4.5
Continental Insurance Co., N. Y
2,100
75.6
3.1
166.67
6.92
4.2
Home Insurance Co., N. Y
1,993
100.0
7.6
125.32
9.53
7.6
Life and Casualty Co., Tenn
1,912
34.7
1.6
178.01
8.11
4.6
Great American Insurance Co., N. Y
1,799
61.4
2.9
162.75
7.79
4.8
Royal Indemnity Co., N. Y
1,768
73.5
2.6
130.51
4.65
3.6
Northwestern Mutual Life Insurance Co.,
W1s
1,617
81.6
3.5
176.75
7.50
4.2
Fire Companies Adjustment Bureau, N. Y
1,566
70.6
3.7
211.69
11.07
5.2
Monumental Life Insurance Co., Md
1,500
84.7
3.9
212.95
9.71
4.6
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Insurance
33
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
employees
participating
payroll
per employee
participating
salary
employees
deducted
participating
deducted
Nov Amsterdam Casualty Co,, N. Y.
1,499
1
1
Employers Mutual Liability Insurance Co.
Wisc
1,406
98.2
8.7
$ 160.74
$ 14.19
8.8
Hartford Fire Insurance Co., Conn
1,374
57.4
3.5
172.92
10.52
6.1
Hardware Mutual Casualty Co., Wisc
1,285
74.5
3.6
170.17
8.12
4.8
Penn Mutual Life Insurance Co., Pa
1,268
90.7
4.2
175.26
8.12
4.6
Ohio Farm Bureau, Ohio
1,225
75.8
4.3
146.53
8.35
5.7
General Accident, Fire and Life Assurance
Co., Pa
1,200
54.8
2.7
140.23
7.00
5.0
Standard Accident Insurance Co., Mich
1,200
45.8
1.7
179.17
6.82
3.8
Comnecticut General Life Insurance Co.,
Conn
1,200
81.7
3.9
175.02
8.33
4.8
Fidelity and Deposit Co. of Maryland, Md...
1,156
69.4
2.9
211.07
8.96
4.2
Ocean Accident and Guarantee Corp., N. Y...
1,114
80.7
4.4
160.29
8.74
5.5
National Fire Insurance Co. of Hartford,
Conn
1,101
1
1
1
1
Glens Falls Insurance Co., N. Y
1,049
89.7
4.1
184.5I
8.34
4.5
American Insurance Co., N. J
1,033
96.3
5.2
162.45
8.80
5.4
Total
146,326
91.1
4.0
$ 184.11
$ 8.17
4.4
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Lumber and Wood Products
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
4 Chicago Mill and Lumber Co., Ill
5,884
75.6
4.0
$ 102.69
$ 5.46
5.3
The Diamond Match Co., N. Y.
5,563
48.2
2.5
142.23
7.35
5.2
# Greif Bros. Cooperage Corp., Ohio
5,396
76.1
5.9
103.04
7.98
7.7
Weyerhaeuser Timber Co., Wash
5,104
70.3
3.4
236.12
11.36
4.8
+ Mengel Company, Ky
4,831
84.3
5.8
123.55
8.55
6.9
Potlach Forests, Inc., Idaho
4,122
48.6
3.8
149.48
11.70
7.8
Camp Manufacturing Co., 8. C
3,348
62.4
3.8
76.56
4.63
6.0
e Brunswick-Balke Collender Co., Ill
3,005
72.5
4.0
170.44
9.38
5.5
Berst, Forster, Dixfield Co., N. Y
2,866
71.5
3.8
97.66
5.17
5.3
General Box Co., Ill
2,847
79.4
4.7
143.87
8.46
5.9
Red River Lumber Co., Calif
2,518
53.0
3.8
202.48
14.39
7.1
Kroehler Manufacturing Co., Ill
2,453
81.3
4.3
142.47
7.62
5.3
# American Seating Co., Mich.
2,401
98.8
3.1
186.17
5.78
3.1
Anderson-Tully Co., Tenn
2,350 2
1
1
1
1
1
Kirby Lumber Corp., Tex
2,327
8.0
0.8
79.89
7.79
9.8
* Long-Bell Lumber Co., Wash
2,270 2
1
1
1
1
1
Thomasville Chair Co., N. C
2,090
95.0
3.8
76.34
3.09
4.0
# Bloedel Donovan Lumber Mills, Wash
2,083
29.2
2.6
156.06
13.93
8.9
W. M. Ritter Lumber Co., Ohio
1,800
50.0
3.1
97.22
6.11
6.3
Edward Hines Lumber Co., Ill
1,637
93.3
5.2
194.89
10.95
5.6
Rathborne-Hair and Ridgeway Co. of Illinois
Ill
1,602
74.0
6.0
114.01
9.28
8.1
Pardee and Curtin Lumber Co., W. Va
1,600
57.8
5.7
153.86
15.16
9.9
E. L. Bruce Co., Tenn
1,575
68.4
5.2
115.16
8.71
7.6
Hammond Lumber Co. and Hammond Redwood Co.,
Calif
1,575
37.6
2.9
173.36
13.15
7.6
Formica Insulation Co., Ohi
1,529
52.8
1.4
139.73
3.72
2.7
American Furniture Co., Inc., Va
1,502
34.4
4.3
98.00
12.28
12.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
.
1
Penotes Issuing Agent
Not available.
Not included in total.
No plan.
Lumber and Wood Products
35
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Curtis Co., Inc., Iowa
1,500
50.5
2.8
$ 138.51
$ 7.81
5.6
Drexel Furniture Co., N. C
1,492
44.9
2.4
94.54
5.01
5.3
Pacific Lumber Co., Calif
1,487
32.9
2.9
182.31
15.94
8.7
Nayne Manufacturing Co., Va
1,455
91.0
10.0
131.62
14.57
11.1
Bassett Purniture Industries, Va
1,431
57.5
5.1
89.79
8.01
8.9
Globe Wernicke Co., Ohio
1,413
80.8
3.1
145.25
5.62
3.9
Union Lumber Co., Calif
1,350
55.4
3.9
171.37
12.09
7.1
McCloud River Lumber Co., Calif
1,300
17.4
1.9
169.23
18.14
10.7
Heywood-Wakefield Co., Mass
1,291
95.4
3.3
164.53
5.64
3.4
Eagle Pencil Co., N. Y
1,260
79.9
2.9
157.14
5.78
3.7
Burton-Dixie Corp., Ill
1,250
64.0
4.7
120.00
8.75
7.3
Crossett Lumber Co., Ark
1,235
77.1
3.8
92.96
4.62
5.0
Bradley Lumber Co., Ark
1,234
27.3
2.5
98.15
8.86
9.0
St. Paul and Tacoma Lumber Co., Wash
1,167
14.6
1.2
218.51
18.52
8.5
Cummer Sons Cypress Co., Fla
1,152
38.5
2.7
93.92
6.58
7.0
Shevlin Hixon Co., Ore
1,145
87.3
6.0
176.00
12.15
6.9
Clark and Wilson Lumber Co., Ore
1,127
55.7
2.4
157.58
6.74
4.3
C. D. Johnson Lumber Co., Ore
1,073
31.4
2.4
227.20
17.21
7.5
Haskelite Manufacturing Co., Ill
1,071
72.5
3.5
159.29
7.64
4.8
Denkmann Lumber Co., Miss
1,000
57.5
5.4
100.00
9.43
9.4
The Simmons Co., N. J
1,000
82.2
3.1
176.68
6.70
3.8
Doernbecher Manufacturing Co., Ore
1,000
38.0
3.0
127.51
10.09
7.9
Total
97,091
62.8
3.8
$ 138.55
$ 8.38
6.0
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942,
. Denotes Issuing Agent
Machinery, Tools and Plant Equipment
36
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
monthly
deduction
payroll of
employees
of aggregate
employees
participating
payroll
salary
por employee
participating
deducted
employees
participating
deducted
Brown and Sharpe Manufacturing Co., R. I..
11,000
37.3
3.0
$ 244.82
$ 19.99
8.2
:erthington Pump and Machinery Corp., N.J.
10,577
61.3
3.9
208.00
13.14
6,3
#
hited Shoe Machinery Corp., Mass
10,000 2,
1
1
1
1
I Ingersoll Rand Co., N.
9,811
73.9
4.4
207.70
12.43
6.8
Flaw-Khox Co., Pa
8,260
87.4
5-9
205.31
13.87
6.8
# A. 0. Smith Corp., Wis
8.247
75.5
4.1
242.50
13.19
5+4
Norton Co., Mass
8,056
94.1
8.9
222.10
20.92
9%
Ex-Coll-0 Corp., Mioh
7,966
95.1
11.0
241.60
27.94
11.6
National Supply Co., Pa
7,880
69.9
2.9
224.56
9.20
4.1
Cincinnati Milling Machine co., Ohio
7,711 2)
1
1
1
1
1
Mnk Belt Co., Ill
7,710
67.1
4.4
216.76
14.24
6.6
hering, Maxwell and Moore, N.
7,512
66.1
3.7
213.61
11.89
5.6
National Malleable and Steel Castings Co.,
this
7,122
68.0
3.0
210.53
10.39
5.0
Morthern Pump Co., Minn
6,850
100.0
14.7
334.60
49.32
14.7
Mirbanks, Morse Co., Wis
6,591
86.9
5.9
217.65
14.70
6.8
#iles-Bement-Pond Co., Conn
6,129
80.0
8.7
312.55
33.94
10.9
Bullard Co., Conn.
5,798
39.2
3.2
226.31
18.38
8.1
8. K. P. Industries, Inc., Pa
5,200
52.4
2.2
229.18
9.81
4.3
National Acmo Co., Ohio
5,179
49.4
3.5
201.95
14.14
7.0
Warner and Swasey Co., Ohio
4,440
71.9
5.3
206.44
15.27
7.4
R. 0. Le Tourneau, Inc., ni
4,408
95.3
7-5
214.82
16.99
7.9
Kearney and Trecker Corp., Wis
4,397
97.8
14.0
295.13
42.26
14.3
United Engineering and Foundry Co., Pa
4,354
89.3
8.6
219.82
21.22
9.7
1. W. Bliss Co., N, Y
4,030
60.6
4.2
244.92
17.14
7.0
Testa Machine Co., Pa
4,000 2)
1
1
Standard Screw Co., Ill,
4,000 2)
1
1
1
1
Becyrus Erie Co., Wis
3,900
90.5
6.7
216.28
16.01
7.4
Eenry Disston and Sone, Ino., Pa
3,766
98.5
5.2
230.72
12.26
5.3
General Machinery Corp., Ohio,
3,688
74.3
5.3
252.09
18.04
7.2
New Britain Machine Co., Conn
3,675
68.0
4.0
213.45
12.69
5.9
(Continued)
ffice of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Regraded Unclassified
Machinery, Tools and Plant Equipment
37
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
Cooper Bessemer Corp., Ohio
3,527
94.9
10.0
$ 207.97
$ 21.92
10.5
@icago Pneumatic Tool, Pa
3,500
2
1
1
1
1
mitin Machine Works, Mass. 3
3,500
I
I
I
I
I York Ice Machinery Corp., Pa.
3,499
65.7
2.6
222.20
8.65
3.9
# Saco-Lowell Shops, Maine
3,398
90.4
8.2
149.59
13.57
9.1
Heald Machine Co., Mass
3,378
91.1
5.7
292.53
18.43
6.3
4 Greenfield Tap and Die Corp., Mass
3,358
67.9
4.5
201.30
13.45
6.7
Chicago Screw Co., Ill
3,350
80.6
3.2
206.57
8.15
3.9
Earnischfeger Corp., Wis
3,350
80.9
8.1
206.87
20.72
10.0
forrington Co., Conn
3,252
67.7
3.8
150.22
8.43
5.6
this Crankshaft, Inc., Ohio
3,242
98.6
4.3
272.61
12.00
4.4
Olveland Pneumatic Tool Co., Ohio
3,215
33.4
3.0
268.69
24.13
9.0
4 Jordberg Manufacturing Co., Wis
3,100
21.3
1.5
170.97
12.32
7.2
Msholt Machine Co., Wis
3,050
90.0
10.1
324.92
36.46
11.2
Cleveland Twist Drill Co., Ohio.
3,000
70.0
4.6
211.83
13.81
6.6
Farrel-Birmingham Co., Ino., Conn
3,000
29.8
2.3
221.67
17.22
7.8
Michle Printing Press and Manufacturing
Co., Ill
2,990
97.1
9.4
297.66
28.95
9.7
Titeflex Metal Hose Co., N.
2,885
92.7
4.9
197.82
10.37
5.2
American Machine and Foundry, N. Y
2,864
88.1
4.7
214.72
11.43
5.3
Mergenthaler Linotype Co., N. Y
2,829
64.3
4.0
207.92
12.83
6.2
Warner Gear Division, Ind
2,822
66.3
5.3
273.78
21.91
8.0
Jones and Lamson Machine Co., Vt
2,793
89.5
4.9
198.37
10.93
5.5
Lamson and Sessions, Ohio
2,743
53.9
3.6
155.78
10.46
6.7
Poster Wheeler Corp., N. J
2,734
48.1
1.9
208.49
8.08
3.9
Fellows Gear Shafer Co., vt
2,697
41.9
3.7
191.30
17.08
8.9
Jeffrey Manufacturing Co., Ohio
2,695
77.9
5.1
229.79
15.18
6.6
Simonds Saw and Steel Co., Mass
2,678
69.9
4.0
233.31
13.45
5.8
Textile Machine Works, Pa
2,660
89.5
6.9
194.77
14.98
7.7
De Laval Steam Turbine Co., N. J.
2,549
76.7
3.4
219.21
9.59
4.4
National Screw and Manufacturing Co., Ohio.
2,543
99.0
10.7
225.58
24.44
10.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Machinery, Tools and Plant Equipment
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Number
Percentage of
Percentage
Average
Average
Percentage of
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
e Black and Decker Manufacturing Co., Md
2,533
86.3
5.5
$ 201.66
$ 12.94
6.4
Imarch Machine Tool Co., Ohio
2,444
36.2
2.9
170.60
13.63
8.0
# Foote Bros. Gear and Machine Corp., Ill
2,441
87.8
8.8
317.96
31.70
10.0
# Van Norman Machine Tool Co., Mass
2,400
83.3
4.6
172.50
9.50
545
Marion Steam Shovel Co., Ohio
2,367
95.9
5.2
197.40
10.65
5+4
e National Twist Drill Tool Co., Mich
2,347
62.7
6.7
228,16
24.32
10.7
N
Nicholson File Co., R. I
2,293
94.4
5.9
187.53
11.69
6.2
# Crompton and Knowles Loom Works, Mass
2,271
92.5
7.1
214.90
16.47
7+7
# Chain Belt Co., Wis
2,206
74.7
3.8
210.78
10.73
5+1
4 Sullivan Machinery Co., Ind
2,169
76.9
4.1
188.13
10.05
5+3
Cone Automatic Machine Co., Vt.
2,143
89.1
6.1
166.59
11.38
618
Mirse Twist Drill and Machine Co., Mass...
2,125
71.2
3-5
216.55
10.56
4.9
Artford Machine Screw Co., Conn
2,118
81.3
6.2
198.77
15.27
7.7
feQuay-Norris Manufacturing Co., Ind
2,107
77.4
4.4
170.71
9.71
5.7
# Lunkenheimer Co., Ohio
2,103
85.5
5.3
197.14
12.20
6.2
American Republics Corp., Del
2,067 2
1
1
1
1
1
De Laval Separator Co., N. Y
2,029
46.2
2.3
224.82
11.23
5.0
4 L. 8. Starrett Co., Mass
2,019
55.1
3.3
186.66
11.30
641
6 Gilbert and Barker Manufacturing Co., Mass.
2,008
92.2
3.9
263.39
11.10
4.2
Carrier Corp., N. Y
1,977
24.9
2.5
205.11
20.51
10.0
Taft-Pierce Manufacturing Co., R. I
1,900
51.4
2.7
193.38
10.23
5-3
# Reed Roller Bit Co., Tex
1,867
66.0
8.3
160,69
20,21
12.6
. R. Hoe and Co., Inc., N. Y
1,850
91.9
6.2
295.68
20.00
6.8
Leland-Gifford Co., Mass
1,817
58.6
4.7
252.33
20.30
8.0
Independent Pneumatic Tool Co., Ill
1,800
90.0
5.6
210.28
13.15
6.3
# Marlin-Rockwell Corp., N. Y
1,760
76.6
5.0
217.70
14.11
6.5
# United Drill and Tool Corp., Ill
1,758
100.0
9.6
266.46
25.66
9.6
Taylor Instrument Co., N. Y
1,733
93.2
4.2
189.94
8.63
4.5
Scott and Williams, Inc., N, H.
1,721
57-9
4.8
164.81
13.79
8.4
Stockham Pipe and Fitting Co., Ala
1,708
96.1
9.5
157.61
15.55
9.9
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available,
Not included in total.
No plan.
Machinery, Tools and Plant Equipment
39
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 4)
Percentage
Percentage of
Number
Percentage of
Average
Average
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
imerican Hoist and Derrick Co., Minn
1,700
92.6
12.3
$ 191.18
$ 25.40
13.3
Danly Machine Specialities Co., Ill
1,687
97.8
6.8
208.28
14.40
6.9
e Goodman Manufacturing Co., Ill.
1,686
95.5
9.2
255.17
24.54
9.6
3. F. Sturtevant Co., Mass
1,684 2/
i
1
1
1
# Sealed Power Corp., Mich
1,650
95.5
5.6
213.59
12.44
5.8
# Pittsburgh Screw and Bolt, Pa
1,649
84.4
6.3
182.09
13.59
7.5
+ Dayton Malleable Iron Co., Ohio
1,623
48.7
4.9
184.68
18.45
10.0
Busch Sulser Bros., Diesel Engine Co., No.
1,602
91.6
7.1
235.18
18.20
7.7
Balliburton oil Well Cementing Co., Okla
1,600
18.1
1.5
189.38
16.09
8.5
Eary Vogt Machine Co., Ky
1,600
25.0
1.5
115.68
6.81
5.9
# Food Machinery Corp., Calif
1,525
69.9
5.8
178.93
14.90
8.3
U.S. Gauge Co., Pa
1,525
76.1
6.3
163.93
13.60
8.3
# Fulton Sylphon Co., Tenn
1,512
51.7
5.0
198.75
19.05
9.6
I Combustion Engineering Co., N. Y
1,511
61.4
5.1
250.18
20.64
8.2
# Carboloy Co., Inc., Mich
1,501
90.0
12.0
197.68
26.36
13.3
# Butler Manufacturing Co., Mo
1,579
93.8
8.2
144.83
12.63
8.7
Allied Products Corp., Mich
1,500 2
1
1
1
1
1
# Jenkins Bros., Conn
1,471
45.6
3.3
181.33
13.18
7.3
Lufkin Rule Co., Mich
1,459
88.2
6.6
136.39
10.18
7.5
# Perkins Machine and Gear, Mass
1,447
83.7
5.9
238.31
16.80
7.0
4 Millers Falls Co., Mass
1,445
55.9
2.8
185.57
9.41
5.1
Sheffield Corp., Ohio
1,444
90.0
10.0
292.87
32.53
11.1
e American Laundry Machinery, Ohio
1,413
93.0
5.3
207.16
11.78
5.7
4 Midwest Piping and Supply Co,, Mo
1,409 2/
1
1
1
1
1 American Machine and Metals, Ill
1,400
66.1
5.7
253.57
21.84
8.6
. Outboard Marine and Manufacturing Co.,
Ill
1,400 2
1
1
1
# Schwitzer-Cummins Co., Ind
1,400
100.0
7.7
214.29
16.43
7.7
e Dodge Manufacturing Corp., Ind
1,394
99.6
7.6
201.56
15.46
7-7
Steel Products Engineering Co., Ohio
1,394
65.1
6.0
246.73
22.73
9.2
Ferro Machine and Foundry Co., Ohio
1,382
98.5
10.5
200.27
21.31
10.6
4 Creamery Package Manufacturing Co., ni
1,370
48.8
2.7
150.00
8.29
5.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
, Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Machinery, Tools and Plant Equipment
40
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 5)
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
payroll
participating
employees
participating
salary
per employee
deducted
employees
participating
deducted
Duplex Printing Press Co., Mich
1,363
89.7
7.4
$ 192.14
$ 15.91
8.3
4 Purolator Products, Inc., N. J
1,363
51.5
3.9
120.93
9.18
7.6
# Fluor Corp., Ltd., Calif
1,350
72.2
6.1
257.07
21.89
8.5
# Arelson Manufacturing Co., Calif
1,337
81.8
6.0
207.29
15.10
7.3
R. K. Le Blond Machine Tool Co., Ohio
1,329
90.0
10.0
244.00
27.11
11.1
Bryant Chucking Grinder Co., Vt
1,317
55.6
6.0
215.64
23.29
10.8
e Iron Fireman Manufacturing Co., Ore
1,300
63.5
7.6
230.77
27.88
12.1
National Automatic Tool Co., Ind
1,290
77.2
4.5
215.63
12.55
5.8
Goss Printing Press Co., Ill
1,289
95.5
7.6
199.64
15.88
8.0
Pittsburgh Equitable Meter Co., Pa
1,284
84.5
4.5
141.31
7.51
5.3
into Specialities Manufacturing Co., Mich.
1,259
49.3
2.6
112.92
6.01
5.3
niting Corp., Ill
1,253
80.6
4.6
273.72
15.72
2.7
* imrican Blower Corp., Mich
1,245
78.9
6.6
248.43
20.86
8.4
+ Foodward Governor Co., Ill
1,219
97.6
11.0
177.60
20.01
11.3
Nayne Pump Co., Ind
1,208
99.9
11.0
206.12
22.69
11.0
Elliott Co., Pa
1,200 2/
1
1
1
1
# Landis Machine Co., Pa
1,200
75.0
6.4
183.33
15.67
8.5
Cleveland Automatic Machine Co., Ohio
1,186
50.2
4.4
229.68
20.11
8.8
4 Allen Manufacturing Co., Conn
1,185
36.7
2.3
175.53
11.03
6.3
Columbus Bolt Works, Ohio
1,180
78.4
11.0
100.51
14.08
14.0
Foxboro Co., Mass
1,168
94.7
5.1
207.79
11.18
5.4
Remington Rand Tabulating Machine Division
N. Y.
1,160
49.8
3.6
231.51
16.94
7.3
Mamifacturers Machine and Tool Co., N. Y..
1,159
69.0
6.2
199.76
17.82
8.9
Union Special Machinery Co., Ill
1,156
67.1
3.4
242.40
12.42
5.1
Veeder-Root, Inc., Conn
1,155
46.9
4.0
160.00
13.80
8.6
Tecumseh Products Co., Mich
1,152
89.3
9.7
211.06
22.84
10.8
C. L. Gougler Machine Co., Ohio
1,150
52.2
2.2
187.83
8.05
4.3
Star Electric Motor Co., Inc., N. J
1,150
25.0
2.0
215.74
17.21
8.0
Elastic Stop Nut Corp., N. J.,
1,148
96.3
8.2
225.48
19.14
8.5
Ranco, Inc., Ohio
1,142
77.1
5.3
156.74
10.68
6.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
- Denotes Issuing Agent
Not available.
No plan.
Not included in total.
Machinery, Tools and Plant Equipment
41
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 6)
Number
Percentage of
Percentage
Average
Average
Percentage of
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
Federal Screw Works, Mieh
1,141
88.9
7.1
$ 206.27
$ 16.36
7.9
Standard Tool Co., Ohio
1,133
56.8
4.1
183.37
13.32
7.3
Barris-Seybold-Potter Co., Ohio
1,123
81.6
5.5
231.59
15.65
6.8
Boston Gear Works, Mass
1,110
67.6
3.0
217.02
9.70
4.5
Black-Clawson Co., Ohio
1,105
94.4
6.8
204.98
14.74
7.2
# Easco Derrick and Equipment, Calif
1,097
100.0
6.1
207.44
12.73
6.1
Dayton Pump and Manufacturing Co., Ohio
1,092
11.1
1.4
185.72
23.64
12.7
Acme Pattern and Tool Co., Ohio
1,088
90.0
11.0
341.19
41.71
12.2
4 Summerill Tubing Co., Pa.
1,087
85.6
7.7
193.39
17.36
9.0
, Gidding and Lewis Machine Tool Co., Wis
1,086
94.0
10.0
259.80
27.63
10.6
S.F. Bowser and Co., Ino., Ind
1,084
88.7
3.3
211.34
7.76
3.7
Universal Winding Co., R. I
1,080
50.5
2.0
172.22
6.79
3.9
# Candon Forge Co., N. J
1,075
62.0
7.8
241.86
30.47
12.6
Goulds Pumps, Inc., N. Y
1,074
88.9
4.4
199.21
9.80
4.9
# Continental Gin Co., Ala
1,059
46.7
4.3
194.52
17.72
9.1
Naterbury Farrel-Foundry and Machine Co.,
Conn.
1,040
39.6
2.2
188.74
10.59
5.6
Consolidated Machine Tools, N. Y
1,037
90.1
7.3
263.26
21.25
8.1
Pump Engineering Service, Ohio
1,032
28.7
3.1
232.07
25.42
10.9
# Florence Pipe Foundry and Machine Co.,
1,030
98.5
6.2
280.54
17.55
6.3
South Bend Lathe Works, Ind
1,026
94.5
4.7
238.81
11.93
5.0
6 Lakey Foundry and Machine Co., Mich
1,017
92.7
5.0
171.09
9.15
5.3
+ 8. S. White Dental Manufa curing Co., N.Y.
1,013
81.2
3.8
195.44
9.12
4.7
. Gear Grinding Machine Co., Mich
1,012
89.6
7.4
250.56
20.77
8.3
Sundstrand Machine Tool Co., Ill
1,012
3
1
1
1
1
1
Toledo Scale Co., Ohio
1,012
57.2
2.4
294.23
12.37
4.2
1. and B. American Machine Co., R. I
1,008
49.9
1.2
151.39
3.76
2.5
c. F. Braun and Co., Calif
1,000
90,0
8.0
319.20
28.32
9.0
Byron Jackson Co., Calif
1,000 2
1
1
1
1
1
Lanson Corp., N. Y
1,000
68.0
8.3
150.00
18.38
12.3
L. R. Meyers Co., Ill. 3
1,000
1
1
1
1
1
Riley Stoker Corp., Mass
1,000
I
M
H
Total
416,088
73.7
5.8
$ 219.36
$ 17.35
7.9
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
6 Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Meat Packing
42
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Percentage
Percentage of
Number
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
deducted
OK \oyees
participating
deducted
Swift and Co., Ill
71,119
90.4
7.2
$ 158.80
$ 12.60
7.9
+ Amour and Co., Ill
64,484
85.0
5.9
131.54
9.09
6.9
#
Wilson and Co., Ill
28,280
92.4
5.9
128.25
8.13
6.3
Cudahy Packing Co., Ill
17,610
84.5
4.4
154.42
8.00
5.2
,
John Morrell and Co., Iowa
10,762
83.1
6.5
122.71
9.66
7.9
Rath Packing Co., Iowa
6,905
89.0
6.6
155.21
11.57
7.4
Hygrade Food Products Corp., N. Y
5,000
90.0
10.0
138.82
15.42
11.1
4
George A. Hormel and Co., Minn
4,717
90.2
4.7
143.76
7.46
5.2
Kingan and Co., Ind
4,569
48.2
2.0
138.02
5.58
4.0
Oscar Mayer and Co., Ill
4,073
90.8
3.1
134.33
4.61
3.4
#
St. Louis Independent Packing Co., Mo
2,367
100.0
10.0
175.94
17.59
10.0
John P. Squire Co., Mass
1,506
87.6
4.8
159.29
8.79
5-5
Iowa Packing Co., Iowa
1,436
82.7
7.1
138.85
12.00
8.6
Plankinton Packing Co., Wia
1,420
95.4
6.7
161.23
11.35
7.0
+
Agar Packing and Provision Co., Ill
1,400
100.0
10.0
157.14
15.71
10.0
# United Dressed Beef Co., N. Y
1,308
89.1
4.1
169.26
7.79
4.6
Krey Packing Co., No
1,150
31.3
2,2
108.70
7.77
7.1
Total
228,106
87.2
6,2
$ 143.42
$ 10.27
7.2
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Unclassified
Mercantile Establishmente
43
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
e Sears Roebuck and Co., Ill
85,706
2
$
8
# Great Atlantic and Pacific Tea Co., N. Y.,
67,027
60.3
3.6
141.79
8.40
5.9
# Montgomery Ward and Co., Ill
53,800
91.4
5.1
113.38
6.39
5.6
7. W. Woolworth Co., Inc., N. Y
45,543
2
J. C. Penny Co., N. Y
41,000
3. S. Kresge Co., Mich
35,890 2
Safeway Stores Inc., Calif
24,317
67.7
5.6
158.21
13.07
8.3
American Stores Co., Pa
23,119 2
+ Kroger Grocery and Baking Co., Ohio
20,320
51.5
2.6
156.36
8.03
5.1
S. E. Kress and Co., La
20,000 2
Grant (W. T.) Co., N.Y
18,000 2
0. C. Murphy Co., Ind
15,161
53.1
4.3
50.30
4.05
8.0
1. H. Macy Co., Inc., N. Y
13,206
79.4
3.2
126.10
5.09
4.0
American News Co., N. Y
13,000 2
# Walgreen Co., Ill
11,025
72.4
6.1
115.84
9.78
8.4
J. J. Newberry Co., Ore
10,000 2
1
e Marshall Field and Co., Ill
9,070
82.6
2.8
135.18
4.53
3.3
Bond Stores Inc., N. Y
9,000 2
9 J. L. Hudson Co., Mich
8,486
97.0
7.1
117.01
8.62
7.4
McCrory Stores Corp., N. Y
8,000 2
¥
+ Childs Co., N. Y
7,983
2
Goldblatt Bros. Inc., Ill
7,700
# May Department Stores, Mo
7,451
81.6
3.5
115.72
4.93
4.3
Gimble Bros., Inc., N. Y
7,382
78.6
2.4
99.22
2.98
3.0
H. L. Green Co., Inc., N. Y
7,374 2
National Department Stores, N. Y
7,300
Western Auto Supply Co., Mo
6,490
57.0
3.1
124.16
6.83
5.5
Butler Bros., Ill.
6,472
54.3
3.3
146.77
8.94
6.1
# National Tea Co., Minn
6,280
55.5
2.8
137.24
7.01
5.1
9 L. Bamberger and Co. N. Y
5,980
86.5
3.6
111.49
4.66
4.2
9 7. G. Shattuck Co., N. Y
5,771
56.9
3.6
80.20
5.03
6.3
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
.
Denotes Issuing Agent
Not available.
Not included in total.
Mercantile Establishments
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued -2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
4 Horn and Hardart Co., N. Y
5,700
78.9
3.2
$108.77
$ 4.44
4.1
+ Spiegel, Inc., Ill
5,600
89.3
7.1
107.14
8.50
7.9
City Stores Co., N. Y
5,500
2
1
. Melville Shoe Corp., Mass
5,500
Neisner Bros. Inc., N. Y
5,300
INININ
* John Wanamaker, Pa
5,098
87.3
4.5
122.60
6.25
5.1
# Fred Harvey, Ill.
5,019
24.3
2.2
97.41
8.87
9.1
* Carson, Pirie and Scott Co., Ill
4,936
97.4
11.4
104.46
12.18
11.7
0 United Cigar-Whelan Stores Corp., N. Y
4,881
36.0
4.3
121.49
14.65
12.0
Colonial Stores Inc., Va
4,600
71.3
3.8
139.44
7.38
5.3
# Grand Union Co., N. Y
4,500 2
1
1
e Higbee Co., Ohio,
4,458
Jewel Tea Co., Ill
4,393
77.6
4.3
143.82
7.95
5.5
h. S. Beck Shoe Corp., N, Y
4,054
82.3
4.9
108.71
6.53
6.0
Peoples Drug Stores, Inc., D. C
4,034
78.3
3.7
107.54
5.03
4.7
Woodward and Lothrop, D. C
3,860
63.0
2.3
98.42
3.53
3.6
# Bullocks, Inc., Calif
3,632
2
82.0
1
12.02
John R. Thompson Co., Ind.
3,500
1
1
* Strawbridge and Clothier, Pa
3,500
97.1
3.7
114.29
4.35
3.8
# Jordan Marsh Co., Mass
3,471
72.0
3.3
123.88
5.60
4.5
Interstate Dept. Store, N. Y
3,200
2
1
1
1
1
+ Lit Bros.,
3,173
50.4
2.0
134.26
5.23
3.9
+ McLellan Stores Co., N. Y
3,000
25.0
5.9
130.00
30.66
23.6
* Filene's Jons Co., Mass
2,985
89.5
2.8
145.02
4.48
3.1
H. C. Bohack Co., Inc., N. Y
2,960
63.6
3.3
154.73
7.97
5.1
* Mandel Bros., Inc., Ill
2,957
89.6
7.1
87.25
6.91
7.9
# Chicago Mail Order Co., Ill
2,841
83.6
4.4
99.45
5.28
5.3
Halle Bros. Co., Ohio
2,800
99.0
13.0
103.09
13.54
13.1
Abraham and Strause, N. Y
2,800
66.1
3.3
121.43
6.08
5.0
A. D. Juillard and Co., Inc., R. I
2,756
84.4
5.3
125.56
7.94
6.3
(continued
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
2/
Not included in total.
No plan.
Mercantile Establishments
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
45
Latest Data Reported September, 1942
(Continued -3)
Number
Percentage
Percentage of
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
payroll
participating
participating
salary
per employee
deducted
employees
participating
deducted
Bickfords, Inc., N. Y,
2,669
1
$
$
Bloomingdale Dros., Inc. N.Y
2,600
42.7
2.2
166.68
8.67
5.2
#ieboldt Stores, inc., Ill.
2,600
1
Hillman's Inc., Ill
2,541
42.9
2.7
103.11
6.43
6.2
# B. Altman and Co., N. Y
2,536
83.6
3.8
137.22
6.18
4.5
+ Ely and Walker Dry Goods Co., Mo
2,450
88.2
5.6
67.35
4.31
6.4
. Owl Drug Co., Calif
2,448
90.0
10.0
126.65
14.07
11.1
Edison Bros. Stores, Inc., Mo
2,400
15.6
2.1
141.67
19.47
13.8
# Lord and Taylor, », Y
2,400
83.6
5.3
128.14
8.10
6.3
+ N. Snellenburg and Co., Pa
2,391
84.9
4.7
105.01
5.82
5.5
4 Meier and Frank Co., Inc., Ore
2,391
98.1
10.0
121.29
12.37
10.2
# Horne (Joseph) Co., Pa
2,300
91.8
4.4
168.07
8.07
4.8
e Bearn Department Stores, Inc., N. Y
2,275
2/
1
4 Stix, Baer and Fuller, Mo
2,200
97.7
3.5
129.55
4.65
3.6
# laft Candy Corp., N.
Y
2,200
87.7
4.5
90.91
4.66
5.1
# Waldorf System, Inc., Mass
2,155
77.9
3.8
102.78
5.01
4.9
The Stouffer Corp., Ohio
2,153
91.0
5.4
71.95
4.25
5.9
e Broadway Department Store, Inc., Calif
2,136
83.4
4.6
137.64
7.66
5.6
# Fair (The), Ill
2,111
64.4
3.2
119.29
5.91
5.0
Lerner Stores Corp., N. Y
2,100
60.7
0.8
119.05
1.57
1.3
e Lazarus (P & R) and no., Ohio
2,031
91.3
6.1
126.95
8.53
6.7
Frederick and Nelson, Wash
2,005
50.8
3.0
109.06
6.39
5.9
Food Fair Stores, Pa.
2,000
45.0
2.9
125.00
8.09
6.5
Frederick Loeser and Co., N. Y
1,975
90.4
5.3
101.27
5.95
5.9
Rich's Inc., Ga
1,965
10.4
1.2
87.43
9.96
11.4
Jamble-Skogmo, inc., Minn
1,951
1
# The Hecht Co., D. C.
1,911
72.0
3.0
135.38
5.50
4.1
Pred B. Prophet and Co., Mich
1,902
38.0
4.6
85.02
10.39
12.2
Cunningham Drug Stores, Mich
1,900
93.9
4.4
104.36
4.89
4.7
Forum Cafeterias of America, Inc., Mo
1,874
24.0
2.0
73.75
6.24
8.5
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Not available.
Not included in total.
3/ No plan.
Mercantile Establishments
46
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued -4)
Number
Percentage of
Percentage
Average
Average
Percentage of
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Best and Co., Inc., N. Y
1,847
63.7
3.9
$119.44
$ 7.30
6.1
Albers Super Market, Inc., Ohio
1,843
21.7
1.1
92.60
4.90
5.3
Crowley, Milner and Co., Mich
1,803
80.7
4.4
117.45
6.46
5.5
L. S. Ayres and Co., Ind
1,803
83.4
4.6
122.27
6.73
5.5
Burdines, Inc., Fla,
1,800 2
1
John Shillito, Ohio
1,777
78.1
3.8
134.34
6.60
4.9
The Emporium, Calif
1,772
91.7
4.9
132.56
7.02
5.3
Outzier Bros. Co., Md
1,738
97.8
4.5
132.29
6.06
4.6
Hall Bros. Inc., Mo.
1,712
83.6
8.5
94.04
9.57
10.2
Crawford Clothiers, Inc., N. Y
1,700
94.1
4.4
123.53
5.75
4.7
Emplaigh Hardware Co., Mo
1,670
28.7
3.6
110.78
13.73
12.4
Cab Sales and Parts Corp., Ill
1,633
79.6
4.1
143.29
7.43
5.2
Schuster (Ed) and Co. Inc., Wisc
1,613
94.0
4.5
104.93
5.01
4.8
Barker Bros. Corp., Calif
1,600
33.9
1.8
253.00
13.44
5.3
Boston Store of Chicago, Inc., Ill
1,600
93.8
6.3
119.54
8.09
6.8
is H, Block Co., Ind
1,580
88.6
2.6
101.27
3.01
3.0
Milwaukee Boston Stores Inc., Wisc
1,525
95.2
4.3
109.51
4.97
4.5
Miller and Rhoads, Inc., Va
1,518
41.2
2.3
88.13
4.87
5.5
Crown Drug Co., Mo
1,500
73.3
5.5
80.00
5.98
7.5
Kresge Department Stores, Inc., N. J.
1,495
78.6
3.8
172.37
8.31
4.8
Scruggs, Vandervoert-Barney, Mo
1,475
99.9
9,9
100.34
9.96
9.9
Bonwit Teller, Inc., N. Y
1,450
100.0
5.2
148.28
7.69
5.2
Pacific Fruit and Produce Co., Wash
1,427
22.1
1.3
160.37
9.78
6.1
Spear and Co., N. Y
1,414
68.1
1.6
154.44
3.71
2.4
Consolidated Retail Stores, N, Y
1,406 2
Devidson Bro. Inc., Mich
1,395
47.1
3.7
114.51
9.12
8.0
Stern Bros., N. Y.
1,358
83.4
4.2
160.16
8.07
5.0
J.W. Robinson Co., Calif
a
1,358
15.3
0.7
110.32
5.23
4.7
Economy Grocery Stores, Mass
1,342
84.2
5.2
111.77
6.88
6.2
Behr Menning Corp., N. Y
1,337
70.6
4.0
205.11
11.68
5.7
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Mercantile Establishments
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
47
Latest Data Reported September, 1942
(Continued -5)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Brockelman Bros. Inc., Mass
1,327
29.5
1.4
103.99
5.06
4.9
Mangel Stores Corp., N. Y
1,320 2,
# Sallsher Drug Co., Ohio
1,303
31.8
2.4
70.15
5.23
7.5
# A. J. Namm and Son, N. Y
1,300
100.0
6.0
130.00
7.81
6.0
# S. S. Pierce Co., Mass
1,300
92.3
2.2
123.51
3.01
2.4
e Katz Drug Co., Mo
1,283
74.9
4.7
113.02
7.14
6.3
James McCreery and Co., N. Y
1,275
78.4
4.2
117.40
6.33
5.4
Rice Stix Dry Goods Co., Mo
1,255
59.5
3.4
159.84
9.19
5.7
+ Sontag Chain Stores Co., Calif
1,250
44.6
2.8
128.00
8.20
6.4
+ Linton's Lunch, Pa
1,240
65.6
5.0
88.71
6.79
7.7
D. H. Holmes Co. Ltd., La
1,225
100.0
5.4
97.18
5.24
5.4
Hot Shoppes, Inc., D. C.
1,220
16.1
1.7
85.55
8.89
10.4
+ Fale Bros. Stores Inc., Calif
1,216
95.3
7.6
153.97
12.23
7.9
# Lansburgh and Bros., D. C
1,211
38.1
1.1
111.52
3.26
2.9
Franklin Simon and Co. Inc., N. Y
1,203
95.8
4.6
112.65
5.42
4.8
Sally Chain Stores, Inc., Ill
1,200
46.2
3.0
83.33
5.42
6.5
Maison Blanche Co., La
1,195
77.9
4.0
111.63
5.80
5.2
B/G Foods, Inc., Ill
1,190 2
Gamble Robinson Go., Minn
1,180
48.4
2.8
134.17
7.82
5.8
# Thalheimer Bros., Va
1,175
76.6
1.4
160.85
2.87
1.8
First National Stores, Inc., R. I
1,170
52.0
2.1
145.64
6.02
4.1
è Rike-Kumler, Ohio
1,164
86.8
6.3
101.37
7.40
7.3
# S. Kann and Sons, D. C
1,137 2
46.6
1
7.10
Wilmington Provision Co :, Del
1,133
99.7
4.5
148.98
6.70
4.5
1 J. N. Adam and Co., N. Y
1,130
59.5
2.2
92.48
3.48
3.8
Same Cut Rate, Inc., Mich
1,125
79.1
3.9
130.84
6.38
4.9
# R. E. White Co., Mass
1,124
87.2
3.6
169.69
7.07
4.2
#
Davison-Paxon Co., Ga
1,104
51.5
4.7
85.96
7.78
9.1
Sterchi Bros. Stores, Inc., Tenn
1,100 2
1
2 H, & 8. Pogue Co., Ohio
1,100
95.5
4.1
114.55
4.92
4.3
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Mercantile Establishments
48
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued -6)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
The Todd Co. Inc., N. Y
1,098
91.9
5.0
$147.27
$ 7.99
5.4
White Castle System Inc., Ohio
1,081
19.7
1.6
99.43
8.25
8.3
# Younker Bros., Iowa
1,068
95.8
5.6
108.66
6.41
5.9
# Gilchrist Co., Mass
1,066
100.0
5.4
142.59
7.75
5.4
Bon Marche, Wash
1,055
84.4
5.0
141.10
8.39
5.9
e The Hub-Henry C. Lytton and Sons, Ill
1,024
86.8
6.0
96.75
6.70
6.9
Nedicks Stores, Inc., N.Y
1,015
43.5
1.5
100.54
3.35
3.3
Hook Drug Co., Ind
1,000
20.0
0.5
90.00
2.38
2.6
Baumann (Ludwig) and Co., N. Y
1,000
82.5
3.4
170.13
6.91
4.1
Total
495,831
70.8
4.2
$122.84
$ 7.25
5.9
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Metal Products - Niscellaneous
49
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Remington Arms Co., Inc., Conn
76,815
68,2
4.7
$ 205.54
$ 14.11
6.9
# American Can Co., N. Y.
21,913
91.9
6.4
209.33
14.55
7.0
Western Cartridge Co., Ill
21,500
81.4
4.3
159.42
8.51
5.3
American Brass Co. Conn
17,953
81.6
4.1
230.90
11.52
5.0
Colts Patent Fire Arms Co., Conn
15,290
51.4
4.6
207.10
18.34
5.9
Continental Can Go., N. Y
14,643
55.7
3.5
139.78
5,66
6.2
e Federal Cartridge Co., Minn
12,317
97.5
10.3
175.18
18.56
10,6
International Business Machines Corp
N. Y
12,002
92.4
10.0
265.81
28.71
10.8
Chase Brass and Copper Co., Conn
10,192
71.8
3.6
222.19
11.22
5.1
Scoville Mfg. Co., Conn
10,176
88.6
8.9
193.08
19.41
10,0
Bohn Aluminum and Brass, Mich
9,773
53.1
3.9
196.10
14.30
7.3
# National Cash Register Co., Ohio
9,462
91.9
12.9
233.54
32.82
14.1
General Cable Corp., N. Y
9,300
60,4
3.3
193.55
10.59
5.5
Revere Copper and Brass, Inc., N. Y
9,282
89.7
3.5
256.13
10.01
3.9
#
General Foods Corp., N. Y
9,112
55.3
2.8
191.10
9.51
5.0
e Underwood-Elliott-Fisher Co., N. Y
8,647
1
1
1
1
e
Burroughs Adding Machine Co., Mich
8,265
88.4
5.5
244.74
15.19
6.2
Savage Arms Corp., N. Y
7,600
90.0
10.0
323.43
35.94
11.1
Royal Typewriter Co., Conn. 3
7,500 2
1
1
í
1
1
John A, Roebling's Sons, N, J
7,356
30.8
2.0
233.29
15.13
6.5
Defense Plant Corp., Ohio
7,200
55.6
1,6
243.38
7.13
2.9
Bridgeport Brass Co. Conn
7,000
90.0
10.0
219.88
24.43
11.1
Yale and Towne Mfg. Co., N. Y
6,380
93.6
4.5
210.79
10.08
4.8
Remington Rand, Inc., N. Y
6,273
47.9
3.3
141.69
9.70
6.8
6.
York Safe and Lock Co., Pa
6,114
93.0
10.0
254.07
27.33
10,8
#
American Hardware Corp., Conn
5,650
61.1
4.5
169.91
12.46
7.3
Anaconda Wire and Cable Co. N. Y
5,629
81,1
4.8
178.32
10.50
5.9
Elgin National Watch Co., Ill
5,307
91.8
6.5
136,12
9.57
7.0
Doehler Die Casting Co., N. Y.
5,030
97.5
6.8
256.28
17.76
6.9
Cleveland Graphite Bronze Co., Ohio;
4,800
81.2
3.1
215.84
8.2
3.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available
Not included in total.
No plan.
Metal Products - Miscellaneous
50
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
employees
deducted
participating
deducted
Parker Appliance Co. Ohio
4,502
31.7
1,1
$ 270.65
$ 9.69
3.6
Buffalo Arms Corp., N. Y
4,379
62.0
3.0
194.11
9.35
4.8
Stevens Arms Mfg. Co., Mass
4,162
84.7
10,0
190.96
22.65
11.9
Stanley Works, Conn
3,944
93.8
6.3
175.88
11.74
6.7
General Time Instruments Corp., N. Y
3,800
79.7
3.9
154.47
7.60
4.9
.
High Standard Mfg. Co., Conn
3,789
92.8
7.7
207.85
17.35
8.3
Crown Cork and Seal Co., Inc Md
3,700
64.4
2.8
201.08
8.64
4.3
Benicia Arsenal, Calif.
3,402
40.4
2.6
145.67
9.54
6.5
Waterbury Clock Co., Conn
3,251
68.2
3.7
231.45
12.50
5.4
Hartford Ordnance, Mass
3,158
52.3
3.4
122.58
7.99
6.5
National Look Co., Ill
2,776
87.7
5.9
127.14
8.59
6.8
. Addressograph Multigraph Corp., Ohio
2,772
64.0
4.5
231.96
16.34
7.0
. Mueller Brass Co., Mich
2,667
79.2
2.3
173.79
5.07
2.9
A. M. Byers Co. Pa
2,662
94.6
4.7
183.29
9.18
5.0
Waltham Watch Co., Mass
2,453
93.8
10.0
151.25
16.13
10.7
National Can Corp., N. Y
2,318
65.2
1,9
99.22
2.89
2.9
Hamilton Watch Co., Pa
2,293
52.5
3.1
166.62
9.97
6.0
Diebold Safe and Lock Co., Ohio
2,276
37.8
3.0
175.75
13.95
7.9
Y, A. Shaeffer Pen Co., Iowa
2,235
56.2
3.6
119.02
7.63
6.4
Reynolds Corp., Ga
2,200
72.7
7.6
100.32
10.48
10.4
Associated Spring Corp. Conn
2,150
60.6
4.2
195.35
13.65
7.0
Monroe Calculating Machine Co., N. J
2,141
87.7
4.4
190.98
9.55
5.0
Keuffel and Esser Co., N. J
2,060
73.2
2.6
200.12
7.19
3.6
J. H. Williams and Co., N. Y
2,020
72.9
3.9
205.88
11,00
5.3
A. B. Dick and Co., Ill
2,002
66.4
3.0
187.34
8.33
4.4
.
General Fireproofing Co., Ohio
1,930
74.4
4.7
178.74
11.21
6.3
New Haven Clock Co., Conn
1,905 2/
1
1
1
1
Simplex Wire and Cable Co., Mass
1,840
82.1
4.7
157.76
9.11
5.8
E. C. Atkins and Co., Ind
1,822
88.3
7.7
181.12
15.86
8.8
Copper Range Co., Mich
1,769 2
1
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
Metal Products - Miscellaneous
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Auto Ordnance Corp., Conn
1,690
76.9
6,6
$ 234.68
$ 20.19
8.6
Sargent and Co., Conn
1,660
28,4
,8
162.65
4.61
2.8
L. C. Smith and Corona Typewriters, Inc
N. Y.
1,564
90.8
3.1
152.16
5.15
3.4
4
Lyon Metal Products, Inc., Ill
1,547
95.6
9.7
156.27
15.92
10,2
American Safety Razor Corp., N, Y
1,542
36.8
2.1
148.25
3.59
5.8
William Powell Co., Ohio
1,500 2)
1
1
1
1
Bulova Watch Co., N. Y
1,494
90.9
5.1
114,16
6.37
5.6
E, Ingraham Co., Conn
1,480
70.8
4.7
185.84
12.42
6.7
Smith and Wesson, Inc., Mass
1,450
82.3
6.6
272.93
21.92
8.0
4 Ampoo Metal, Inc., Wie
1,436
80.4
6.0
222.61
16.54
7.4
Pitney, Bowes Postage Meter Co., Conn
1,436
90.0
10,0
193.92
21.55
11,1
. Parker Pen Co., Wis
1,431
98.3
13.8
132.77
18.60
14,0
#
Marshall-Wells Co., Wash
1,430
75.8
4.0
147.30
7.70
5.2
American Screw Co., R. I
1,397
90.8
10,0
194.38
21.41
11,0
North and Judd Mfg. Co., Conn, 3/
1,396 2
1
1
1
1
. Hamilton Mfg. Co., Conn
1,396
47.1
4.1
135.03
11.75
8.7
Ohio Brass Co., Ohio,
1,393
94.4
6.7
164.84
11.78
7.1
Aluminum Industries, Ohio
1,350 2
1
1
1
National Bronze and Aluminum Foundry Co
Ohio
1,288
26.4
1.4
249.67
13.35
5.3
Durham Mfg. Co., Ind
1,255
93.6
5.5
260.92
15.43
5.9
#
Reed and Prince Mfg. Co., Mase
1,252
93.1
4.6
184.75
9.07
4.9
9 Gillette Safety Razor Co., Mass
1,243
70.6
3.7
178.90
9.43
5.3
#
Joslyn Mfg. and Supply Co., Ill
1,243
61.0
3.6
207.91
12.41
6.0
Warren Telechron Co., N. Y.
11.1
,
1,230
90.0
10.0
193.41
21.49
Belknap Hardware and Mfg. Co., Ky
1,211
79.3
5.3
113.96
7.58
6.6
Moshler Safe Co., Ohio
1,197
71.5
4.2
171.56
9.98
5.8
#
Callite Tungsten Corp., N. J
1,187
98.6
10.0
142.25
14.43
10.1
Kalamazoo Stove and Furnace Co., Mich
1,132
64.3
2.7
184.16
7.64
4.2
Bristol Co. Conn
1,132
91.3
7.9
215.88
18.79
8.7
Owosso Metal Industries, Mich
1,120
22.4
1.5
96.89
6.47
6.7
Rex Products Corp., N. Y
1,100
24.5
0.6
123.64
3.11
2,5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
1/ Not available
2/ Not included in total
3/ No plan
Metal Products - Miscellaneous
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
52
Latest Data Reported September, 1942
(Continued - 4)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
decucted
participating
deducted
Ohio River Ordnance Works, Ky
1,067
40.4
2.8
$ 261.61
$ 18.29
7.0
# Art Metal Construction Co., N, Y
1,053
85.4
2.3
184.22
5.04
2.7
, Diamond Chain Mfg. Co., Ind
1,042
88.5
7.6
161.27
13.86
8.6
Eversharp, Inc., Ill
1,030
49.9
2.5
161.70
8.02
5.0
Billings and Spencer Co., Conn
1,017
35.4
1.8
190.18
9.59
5.0
. Bassick Co., Ill
1,000
90.0
10.0
198.40
22,04
11,1
Federal Bearing Co., N. Y
1,000
54.1
3.2
159.43
9.41
5.9
Columbus McKinnon Chain Corp., N. Y
1,000
90.1
5.9
194.15
12.79
6.6
Total
467,183
73.7
5.4
$ 200.04
$ 14.70
7.4
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Motion Pictures, Theatres and Amusements
53
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
Loow's, Inc., N. Y
11,843
67.9
4.0
$ 302.58
$ 17.97
8 Jarner Bros., Pictures, N. Y
8,466
69.1
5.9
4.8
284.89
19.99
# Giversal Pictures Co., Calif
7.0
2,557
90.0
11.0
351.60
42.98
12.2
, Salaban and Katz Corp., Ill
2,525
70.1
6.5
142.57
13.15
9.2
I Twentieth Century Fox Films, N. Y
2,291
92.6
5.8
283.70
17.83
6.3
e Columbia Pictures Corp., Calif
2,245
66.2
4.1
464.43
28.94
6.2
Schine Chain Theatres, Inc., N. Y
2,200
1
1
1
1
1
Columbia Broadcasting Co., N. Y
2,127
49.4
4.4
269.94
24.03
8.9
National Broadcasting Co., N. Y
2,112
38.0
2.7
256.37
18.42
7.2
11. L. 0. Pictures, Inc., Calif
1,742
75.8
4.4
448.62
26.32
5.9
In Midwest Amusement Corp., Mo
1,665
60.1
7.0
72.07
8.42
11.7
hours Theatres Corp., N. Y
1,353
95.1
4.5
157.42
7.46
4.7
1, S. Butterfield, Inc., Mich
1,353
98.2
11.3
91.74
10.54
11.5
Ennesota Amusement Co., Minn
1,176
68.5
7.3
91.24
9.69
10.6
Stanley Company of America, N. J
1,164
14.8
1.2
146.95
11.85
8.1
United California Theatres, Inc., Calif
1,164
60.6
4.7
127.09
9.96
7.8
United States Playing Card Co., Ohio
1,123
89.8
3.7
119.59
4.98
4.2
Republic Productions, Inc., Calif
1,100
59.1
4.6
384.97
29.75
7.7
Paramount Pictures, N.
1,100
77.3
4.2
327.27
17.64
5.4
Fox Inter-Mountain Theatres, Inc., Colo
1,000
90.0
5.4
80.00
4.78
6.0
Total
48,106
69.5
5.0
$ 264.52
$ 18.89
7.1
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
Non-Ferrous Metals Mining and Processing
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Average
Average
Percentage of
Percentage of
Percentage
Name of Company and State
of
employees
deduction
payroll of
of aggregate
monthly
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Aluminum Company of America, Pa
70,000
55.4
3.2
$ 211.24
$ 12.22
5.8
Kennecott Copper Corp., N. Y,
30,400 2)
1
1
1
1
1
Anaconda Copper Mining Co., Mont
17,077
44.3
3.4
196.17
15.04
7.7
I Phelps Dodge Corp., N. Y
16,144
63.3
3.2
189.61
9.73
5.1
American Smelting and Refining Co., N.Y.
13,774
64.8
3.0
171.00
7.95
4.6
National Lead Co., N. Y
7,908
74.2
4.3
182.09
10.65
5.8
Reynolds Metals Co. Va
7,642
55.9
3.2
168.19
9.53
5.7
Pickands, Mather and Co., Ohio
6,831
81.4
7.1
196.66
17.22
8.8
Eagle-Picher Lead Co. Ohio
4,057
53.6
4.4
166.73
13.55
8.1
Minnesota Mining and Mfg. Co., Minn
3,807
76.2
2.9
157.87
5.91
3.7
E. Joseph Lead Co., N. Y
3,796
42.4
3.4
229.57
18.46
8.0
New Jersey Zinc Co., Pa
3,149 2/
1
1
1
1
1
Nevada Consolidated Copper Corp. Nev
2,900
58.6
5.5
202.35
19.15
9.5
- International Smelting and Refining Co.,
N. J.
2,789
91.8
6.9
183.31
13.82
7.5
American Zinc, Lead and Smelting Co., Mo.
2,683
57.1
3.4
157.38
9.42
6.0
Reynolds Alloys Corp. Ala.
2,452
71.4
4.2
144.67
8.55
5.9
.
International Nickel Co., W. Va
2,343
74.7
4.1
220.75
12.17
5.5
.
U. 8. Metals Refining Co., N. J
2,053
92.9
4.2
207.24
9.32
4.5
Homestake Mining Co., 8. D
2,012
24.3
1.7
166.69
11.87
7.1
Basic Magnesium Inc., Nev
1,870
65.5
7.1
253.10
27.59
10.9
Calumet and Hecla Consolidated Copper
Corp., Mich
1,858
62.5
3.8
133.15
8.14
6.1
Vanadium Corp. of America, N. Y
1,660
67.5
5.3
191.95
15.02
7.8
Inspiration Consolidated Copper Co. Ariz.
1,568
90.6
6.4
176.40
12.51
7.1
Miami Copper Co., Ariz
1,452
68.0
4.3
187.61
11.97
6.4
Bunker Hill and Sullivan Mining Co., Cal.
1,437
21.5
1.6
213.64
16.07
7.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
3/ No plan.
2/ Not included in total.
Non-Ferrous Metals Mining and Processing
55
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Pederal Mining and Smelting Co., N. Y.
1,331
45.7
3.3
$ 183.21
$ 13.17
7.2
I
Northwestern Mining and Exchange Co., Pa.
1,243
95.2
4.4
138.63
6.40
4.6
Empire Star Mines, Ltd., N. Y
1,225 2,
1
1
1
1
1
Climax Molybdenum Co., N. Y
1,201
75.9
5.1
211.67
14.17
6.7
Evergreen Mines Co., Minn
1,104
65.4
4.0
161.95
9.90
6.1
Magna Copper Co., Ariz
1,080
90.7
10.0
202.29
22.29
11.0
4
International Nickel Co., N. Y
1,025
95.6
5.3
248.78
13.67
5.5
Metal and Thermit Corp., N. Y
1,047
96.8
6.3
219.52
14.21
6.5
Pacific Tin Consolidated Corp., N. Y. 3/.
1,000 2
1
1
1
Total
186,144
60.3
3.7
$ 195.40
$ 12.08
6.2
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total,
No plan.
Paper and Pulp
56
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
International Paper Co., N. Y
17,429
78.6
4.6
$168.67
$ 9.86
5.8
Union Bag and Paper Corp., N. Y
10,117
80.5
5.3
123.72
8.14
6.6
I Crown Zellerbach Corp., Calif
7,781
76.0
5.6
197.13
14.45
7.3
Bemis Bros. Bag Co., Mo
7,084
1
N. Va. Pulp and Paper Co., Va
6,260
50.5
2.8
164.77
9.30
5.6
Champion Paper and Fibre Co., Ohio
6,076
70.5
2.8
187.39
7.44
4.0
Kimberly-Clark Corp., Wisc
5,899
90.2
6.5
170.79
12.35
7:2
Container Corporation of America, Ill
4,511
93.1
5.6
174.02
10.54
6.1
St. Regis Paper Co., N. Y
3,867
78.4
7.1
155.57
14400
9.0
Gylord Container Co., Mo
3,784
70.8
5.6
140.42
11.12
7.9
# Brown Co., N. H.
3,754
89.2
5.0
139.94
7.82
5.6
# Fibreboard Products, Inc., Calif
3,623
66.3
4.1
192.93
11.91
6.2
Dennison Manufacturing Co., Mass
3,560
90.4
3.8
126.20
5.30
4.2
I Robert Gair Co., Inc., N. Y
2,920
72.3
2.6
164.00
5.95
3.6
U. S. Envelope Co., Mass
2,881
70.8
3.2
144.64
6.44
4.5
I Marathon Paper Mills, Co., Wis
2,717
76.4
2.7
170.59
5.95
3.5
Bird and Son Inc., Mass
2,647
68.3
3.6
190.82
9.93
5.2
I Consolidated Water Power and Paper, Wis
2,500
Kieckhefer Container Corp., N. J
2,378
48.3
3.0
171.48
10.49
6.1
Castanea Paper Co., N. Y
2,353
41.4
0.8
155.12
3.11
2.0
Oxford Paper Co., N. Y
2,285
31.1
1.2
148.80
5.93
4.0
Eddy Paper Corp., Iowa
2,000 2
Hinde & Dauch Paper Co., Ohio
1,993
80.5
3.1
139.84
5.43
3.9
Sutherland Paper Co., Mich
1,957
36.9
1.9
140.11
7.37
5.3
Mly-Tulip Cup Corp., N. Y
1,861
54.5
2.6
131.00
6.13
4.7
Mead Corp., Ohio
1,750
95.5
5.5
156.81
9.05
5.8
National Vulcanized Fibre Co., Del
1,745
79.0
5.2
143.27
9.43
6.6
Ecusta and Champagne Paper Corp., N. C
1,685
81.8
6.5
119.29
9.42
7.9
Consolidated Paper Corp., Mich
1,671
24.6
0.7
160.45
4.56
2.8
Great Northern Paper Co., Maine
1,646
42.0
2.0
176.53
8.23
4.7
Islamazoo Vegetable Parchment, Mich
1,637
37.8
2.2
157.03
9.20
5.8
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
.
Not available.
Denotes Issuing Agent
Not included in total.
Paper and Pulp
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
S. D. Warren Co., Maine
1,600
32.9
1.7
$162.44
$ 8.29
5.1
Western Tablet and Stationery Corp., Ohio
1,600
2,
1
Oswego Falls Corp., N. Y
1,600
Northwest Paper Co., Minn
1,585
55.9
3.3
125.55
7.44
6.0
Wilson Bros., Ill
1,539
85.7
3.7
102.26
4.44
4.3
e Scott Paper Co., Pa
1,539
95.1
4.7
193.52
9.49
4.9
e Hamnermill Paper Co., Pa
1,478
96.6
5.1
223.27
11.76
5.3
Sonoco Products Co., 8. C
1,426
99.9
10.0
110.35
11.04
10.0
# Longview Fibre Co., Wash
1,417
94.4
7.8
161.81
13.43
8.3
Eastern Corp., Maine
1,392
42.9
5.5
163.07
20.86
12.8
Rayonier, Inc., Wash
1,368
84.4
3.9
203.81
9.54
4.7
Riegel Paper Corp., N. J
1,340
86.0
4.4
143.28
7.28
5.1
# Nekoosa Edwards Paper Co., W1
1,315
91.4
10.4
141.97
16.08
11.3
Spaulding Fibre Co., N. H
1,312
58.0
2.8
189.63
9.30
4.9
Imperial Paper and Color Co., N. Y
1,227
86.0
4.3
157.15
7.81
5.0
Parker Young Co., N. H
1,200
Thilmany Pulp and Paper Co., Wis
1,170
100.0
4.9
173.45
8.53
4.9
American Writing Paper Corp., Mass
1,124
47.4
2.1
138.82
6.08
4.4
Ohio Boxboard Co., Ohio
1,050
66.7
3.5
174.29
9.14
5.2
# United Wall Paper Factories Inc., Ill
1,043
94.6
4.6
169.64
8.30
4.9
Milprint Inc., Wis
1,000
94.3
5.6
142.05
8.43
5.9
Dixie-Vortex Co., Pa
1,000
70.0
7.29
Total
134,712
73.0
4.3
$160.42
$ 9.51
5.9
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
3/ Not included in total.
No Plan.
Petroleum
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Standard 011 Co. of Indiana, Ind
30,054
92.6
7.8
$208.14
$17.60
8.5
Gulf 011 Corporation,
26,401
73.6
5.6
200.00
15.17
7.6
Shell Union 011 Co., N. Y
24,059
84.4
5.2
185.81
11.39
6.1
Texas Company, N.
Y
23,600
78.2
7.0
216.10
19.44
9.0
# Socony-Vacqum 011 Co., Inc., N. Y
19,831
63.0
2.9
230.29
10.77
4.7
# Consolidated Oil Corp., N. Y
18,638
66.3
3.8
212.65
12.27
5.8
. Standard 011 Co. of California, Calif
18,005
90.0
10.0
198.84
22.09
11.1
+ Standard 011 Co. of New Jersey, N. J
14,533
72.0
3.4
262.03
12.35
4.7
Humble 011 and Refining Co., Texas
12,708
42.8
2.8
223.75
14.71
6.6
Phillips Petroleum Co., Okla
10,705
52.4
3.9
188.05
13.88
7.4
# Tide Water Associated 011 Co., N. Y
10,627
48.9
2.9
203.50
12.05
5.9
Atlantic Refining Co., Pa
10,600
42.0
1.9
200.00
8.84
4.4
# Sun 011 Co., Pa.
10,399
43.9
2.5
209.34
11.83
5.7
* Magnolia Petroleum Co., Texas
8,454
51.9
4.2
188.30
15.37
8.2
# Union 011 Co. of California, Calif
7,300
36.0
2.3
213.56
13.70
6.4
* Standard 011 Co. of Louisiana, La
7,181
44.6
2.1
199.83
9.38
4.7
# Pure 011 Co., Ill
6,821
77.8
4.8
192.48
11.75
6.1
Standard 011 Co. of Ohio, Ohio
6,818
85.0
4.9
185.55
10.60
5.7
+ Cities Service 011 Co., Okla
6,342
90.0
10.0
191.82
21.31
11.1
Continental 011 Co., Okla
5,605
90.8
7.5
208.10
17.24
8.3
Creole Petroleum Corp., Del.
4,403 2
1
1
1
# Ohio 011 Co., Ohio
4,296
82.2
5.5
174.71
11.78
6.7
Crown Central Petroleum Corp., Md., 36
4,132 2
1
1
1
1
* General Petroleum Corp., Calif
3,698
59.6
3.9
221.38
14.59
6.6
Mid-Continent Petroleum Corp., Okla
3,249
40.5
2.1
162.04
8.53
5.3
Skelly 011 Co., Okla
3,210
62.8
4.5
165.61
11.78
7.1
# Richfield 011 Corp., Calif
3,100
54.8
3.3
187.10
11.27
6.0
Sinclair Prairie 011 Co., Okla
2,609
65.7
5.3
180.63
14.70
8.1
# Standard 011 Co., of Kentucky, Ky
2,385
65.0
2.7
128.35
5.38
4.2
* Lone Star Gas Co., Texas
2,374
79.9
6.7
157.29
13.11
8.3
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
1/ Not available.
Not included in total.
No plan.
Petroleum
59
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
United Gas Pipe Line Co., La
2,352
40.9
3.3
$161.41
$13.12
8.1
Hope Construction and River Gas Co. and
Hope Natural Gas Co., W. Va
2,132
84.8
5.1
182.47
10.94
6.0
National Refining Co., Ohio
1,973
35.6
2.7
153.15
11.43
7.5
I Stanolind Pipe Line Co., Okla
1,888
87.6
9.0
191.32
19.64
10.3
a Colonial Beacon 011 Co., Mass
1,810
66.6
1.9
207.18
5.80
2.8
Barber Asphalt Co., N. J
1,800
2
1
Carter 011 Co., Okla
1,718
72.6
5.1
225.70
15.74
7.0
Peoples Natural Gas, Pa
1,500
86.3
3.6
186.67
7.77
4.2
Standard 011 Development Co., N. Y
1,496
67.5
2.6
299.00
11.57
3.9
Amerada Corp., N. Y
1,400 2
# Quaker State 011 Refining Co., Pa
1,376
50.4
2.7
169.85
9.12
5.4
Magnolia Pipe Line Co., Texas
1,335
69.5
5.7
202.95
16.89
8.2
Deep Rock 011 Corp., Okla
1,325
100.0
6.1
176.60
10.81
6.1
Illinois Pipe Line Co., Ohio
1,150
80.3
5.6
179.85
12.58
7.0
South Penn 011 Co., Pa
1,125
88.2
8.3
178.36
16.84
9.4
* Superior 011 Co., Calif
1,100
2
Oklahoma Natural Gas, Okla
1,062
39.5
2.3
131.83
7.82
5.9
Buckeye Pipe Line Co., N. Y
1,000
90.0
7.0
176.50
13.76
7.8
Total
326,844
69.4
5.0
$203.87
$14.62
7.2
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Penotes Issuing Agent
Not available.
Not included in total.
Public Utilities
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Average
Average
Percentage of
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
salary
per employee
participating
deducted
employees
participating
deducted
Consolidated Edison Co. of New York, N. Y.
30,323
88.1
2.9
$177.65
$ 5.93
e Public Service Corp. of New Jersey, N. J..
19,844
85.0
3.3
2.6
205.09
6.17
Chicago Surface Lines, Ill
3.0
16,240
94.6
2.7
170.01
4.93
Columbia Gas and Electric Co., Del
15,600 2
2.9
1
1
1
1
/ Pacific Gas and Electric Co., Cal
13,100
81.4
4.0
179.39
8.83
4.9
e Philadelphia Transportation Co., Pa
10,782
22.7
1.0
206.82
7.87
3.8
# Commonwealth Edison Co., Ill
9,803
97.1
4.7
220.26
10.61
4.8
e Detroit Edison Co., Mich
9,100
63.7
3.9
208.79
12.93
6.2
Boston Elevated Railway Co., Mass
6,689
66.3
2.6
200.73
7.84
e miladelphia Electric Co., Pa
3.9
6,610
89.3
2.9
211.80
6.84
3.2
I Pennsylvania Power and Light Co., Pa
5,802
92.3
9.6
172.66
17.96
10.4
# Consolidated Gas, Electric Light and
Power Co., Md.
5,467
42.4
2.0
205.30
9.64
4.7
I Georgia Power Co., Ga
4,917
32.8
2.0
164.99
10.03
6.1
Capital Transit Co., D. C
4,881
31.5
1.3
178.95
7.63
4.3
I Chicago Rapid Transit Co., Ill
4,801
94.9
4.4
160.31
7.46
4.7
Consumers Power Co., Mich.
4,770
98.2
5.3
215.89
11.60
5.4
+ facific Electric Railway Co., Cal
4,750
60.4
3.3
166.42
9.15
5.5
. Vaion Electric Co., Mo
4,700
66.6
3.2
216.81
# Public Service Co. of Northern Illinois
10.43
4.8
Ill
4,570
97.8
5.0
217.94
11.21
5.1
9 Brooklyn Union Gas Co., N. Y
4,500
69.3
2.4
163.82
Northern States Power Co., Minn
5.66
3.5
4,368
96.3
6.4
178.22
11.76
Duke Power Co., N. C
6.6
4,338
52.3
3.0
142.53
8.11
4 Southern California Gas Co., Cal
5.7
4,265
59.4
3.2
Cincinnati Gas and Electric Co., Ohio
183.99
9.82
5.3
4,237
73.2
2.2
174.52
5.19
3.0
6 Peoples Gas Light and Coke Co., Ill
4,167
95.5
4.1
# #St. Louis Public Service Co., Mo
189.77
8.09
4.3
4,063
93.5
4.8
Southern California Edison Co., Calif
154.19
7.96
5.2
3,992
65.8
Los Angeles Railway Co., Calif,
3.2
194.21
9.56
4.9
3,977
72.6
Virginia Electric and Power Co., Va
3.7
195.52
9.85
5.0
3,945
14.4
0.8
153.95
8.28
5.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Public Utilities
61
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Cleveland Electric Illuminating Co., Ohio.
3,825
76.7
3.0
$196.08
$ 7.77
4.0
West Penn Power Co., Pa
3,696
50.9
1.8
190.19
6.68
3.5
Baltimore Transit Co., Md
3,562
44.0
1.0
218.57
3.97
1.8
Central New York Power Corp., N. Y
3,403
50.2
2.1
205.28
8.41
4.1
Boston Edison Co., Mass
3,170
59.9
3.1
172.36
8.93
5.2
Duquesne Light Co., Pa
3,159
2
Alabama Power Co., Ala
3,145
53.5
3.6
150.45
10.19
6.8
Ohio Power Co., Ohio
2,970
97.4
3.9
170.14
6.75
4.0
Attsburgh Railways,
2,950
2
e Ohio Fuel and Gas Co., Ohio
2,885
62.5
2.4
135.65
5.15
3.8
New Orleans Public Service Co., La
2,821
25.8
1.4
179.03
9.78
5.4
Milwaukee Electric Railway and Trans-
portation Co., Wisc
2,691
97.2
3+7
174.76
6.59
3.8
Puget Sound Power and Light Co., Wash
2,685
44.5
2.4
218.94
11.58
5+3
Twin City Rapid Transit Co., Minn
2,666
75.1
3.5
173.08
8.13
4.7
Public Service Co. of Indiana, Ind
2,569
84.4
3.8
181,09
8.12
4.5
Sew England Public Service Co., Me.
2,567
Sew York State Electric and Gas Corp.,
N.Y.
2,538
75.6
3.3
186.42
8.22
4.4
Michigan Consolidated Gas Co., Mich
2,495
75.5
3.8
195.95
9.91
5.1
Wisconsin Electric Power Co., Wis
2,428
93.4
4.6
186.36
9.14
4.9
Philadelphia Gas Works Co., Pa
2,414
80.7
2.3
195.98
5.67
2.9
Manufacturers Light and Heat Co., Pa
2,400
63.0
2.7
135.42
5.72
4.2
Northern Indiana Public Service Co., Ind
2,345
93.2
3.3
167.70
5.99
3.6
Potomac Electric Power Co., D. C
2,301
92,0
6.5
205.63
14.53
7.1
East Ohio Gas Co., Ohio
2,200
66.0
3.5
159.85
8.50
5.3
New York Power and Light Corp., N. Y
2,181
89.4
4.7
196.23
10.36
5.3
Massachusetts Power and Light Association,
Mass.,
2,161 2
1
Rochester Gas and Electric Co., N. Y
2,159
96.9
4.0
211.67
8.83
4.2
Public Service Co. of Colorado, Colo
2,100
91.4
3.3
174.27
6.29
3.6
Long Island Lighting Co., N. Y.
2,075
93.4
4.6
164.40
8.11
4.9
Washington Gas Light Co., D. C
2,036
87.1
4.4
185.66
9.37
5.1
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Public Utilities
2
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
deducted
employees
participating
deducted
Ohio Edison Co., Ohio
2,013
72.0
3.3
$196.70
$ 8.97
4.6
# Cincinnati Street Railway Co., Ohio
2,006
54.1
1.8
162.42
5.48
# Pennsylvanie slectric Co., Pa
3.4
2,000
90.0
7.6
170.50
Columbus and Southern Ohio Electric Co.,
14.35
8.4
Ohio
1,960
76.4
4.2
163.26
8.94
# Gulf States Utilities Co., Texas
5.5
1,960
56.6
3.2
168.86
9.67
5.7
+ Market Street Railway, Cal
1,931
39.8
2.0
166.66
8.41
Louisville Gas and Electric Co., Ky
5.0
1,897
9 Houston Lighting and Power Co., Texas
1,878
47.4
3.3
159.44
11.08
7.0
Connecticut Light and Power Co., Conn
1,867
53.5
2.4
223.35
10.22
4.6
Estern Massachusetts Railway Co., Mass
1,795
94.7
2.7
167.13
4.71
2.8
* Buffalo Niagara Electric Corporation, N. Y.
1,791
63.7
3.7
196.16
11.54
Kansas City Public Service Co., Mo
5.9
1,788
73.5
3.5
170.88
8.68
Connecticut Co., Corn
4.7
1,742
46.2
0.8
196.33
3.21
1.6
San Antonio Public Service Co., Texas
1,709
63.7
1.8
155.06
4.34
2.8
San Diego Gas and Electric Co., Calif
1,700
80.9
6.2
164.40
12.62
7+7
Potomac Edison Co and Subsidiaries, Md
1,693
19.6
0.8
147.06
5.96
4.1
Texas Power and Light Co., Texas
1,684
68.2
4.5
137.49
Jersey Central Power and Light Co., N. J
9.17
6.7
1,633
69.6
2.9
179.56
7.59
4.2
lew England Gas and Electric System, Mass
1,612
51.2
2.2
173.53
United Fuel Gas Co. and Associates, W. Va
7.63
4.4
1,546
75.8
4.2
158.05
8.76
5.5
* Boston Consolidated Gas Co., Mass
1,536
91.1
2.5
170.07
4.74
2.8
* # New York City Omnibus Corp., N. Y
1,530
100.0
3.0
Narragansett Electric Co., R. I
224.89
6.86
3.0
1,517
42.5
1.4
Oklahoma Gas and Electric Co., Okla
195.38
6.39
3.3
1,500
50.6
Montana Power Co., Mont
2.7
184.00
9.75
5.3
1,494
49.0
3.4
191.64
13.23
6.9
Carolina Power and Light Co., N. C
Virginia Public Service Co., Va,
1,474
20.1
1.0
138.96
7.17
5.2
Central Illinois Public Service Co., Ill
1,470
37.4
1.5
164.07
6.69
4.1
Birmingham Electric Co., Ala
1,450
64.0
2.7
162.98
6.84
4.2
1,446
62.4
Dayton Power and Light Co., Ohio
3.1
163.69
8.06
5.0
1,431
92.6
4.1
153.04
6.72
4.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Public Utilities
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-4)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Florida Light and Power Co., Fla
1,415
93.7
6.5
$166.20
$11.47
6.9
+ Indianapolis Power and Light Co., Ind
1,332
84.8
2.8
174.98
5.75
3.3
# foledo Edison Co., Ohio
1,331
70,7
3.2
196.62
9.00
4.6
I
Arkansas Power and Light Co., Ark
1,320
65.2
4.4
137.20
9.33
6.8
# Metropolitan Edison Co., Pa
1,304
95.6
6.9
210.31
15.23
7.2
Washington Water Power Co., Wash
1,280
87.7
9.3
187.23
19.89
10.6
# Portland General Electric Co., Ore
1,280
82.6
6.2
194.45
14.53
7.5
Ohio Public Service, Ohio
1,252
42.0
1.9
167.66
7.51
4.5
+ Wisconsin Power and Light Co., Wisc
1,242
99.5
5.8
173.11
10.06
5.8
Wisconsin Public Service Corp., Wisc
1,229
100.0
10.0
166.48
16.65
10.0
Waited Electric Railways Co., R. I
1,214
12.7
0.6
156.51
7.47
4.8
4 Central Power and Light Co., Tex
1,212 2,
95.4
1
5.08
1
I Portland Traction Co., Ore
1,190
78.4
5.8
184.94
13.65
7-4
# LaClede Gas Light Co., Mo
1,179
41.5
1.7
153.52
6.46
4.2
Indiana and Michigan Electric Co., Ind
1,147 2
Kentucky Utilities, Ky
1,125
69.1
2.9
172.24
7.27
4.2
9 Iowa-Illinois Gas and Electric Co., Ill
1,118
95.0
4.8
170.50
8.55
5.0
I Indianapolis Railway, Inc. and Peoples
Motor Coach Co., Ind
1,112
93.1
5.8
188.86
11.82
6.3
Iansas Power and Light Co., Kans
1,107
38.7
1.8
134.07
6.16
4.6
Texas Electric Service Co., Texas
1,077
59.0
4.0
148.19
9.93
6.7
Kansas Gas and Electric Co., Kans
1,076 2,
Central Electric and Telephone Co., S. Dak
1,074
73.6
4.3
92.18
5.44
5.9
Houston Electric Co., Texas
1,055
30.8
2.2
162.75
11.72
7.2
Southern Counties Gas Co., Calif
1,049
76.3
4.3
187.67
10.65
5.7
Western United Gas and Electric Co., Ill..
1,034
97.7
5.1
191.10
9.94
5.2
Public Service Co. of New Hampshire, N. H.
1,022
25.7
1.1
184.92
8.08
4.4
Denver Tramway Corporation, Colo
1,000
57.6
2.2
169.65
6.60
3.9
Central Illinois Light Co., Ill
1,000
99.8
8.3
171.41
14.34
8.4
Central Maine Power Co., Me
1,000
73.4
3.4
184.09
8.56
4.6
Total
358,258
72.5
3.3
$183.24
$ 8.44
4.6
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Publishing
64
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
"Hearst Cons. Publications, Calif
12,637
1
1
$
1
$
1
1
*Cuneo Press, Inc., Ill
5,300
51.0
1.8
165.09
5.91
3:6
Crowell-Collier Publishing Co., N. Y,
4,099
33.7
1.8
187.69
9.84
5.2
*Curtis Publishing Co., Pa.
3,765
60.2
4.2
157.77
10.93
6.9
%. F. Hall Printing Co., Ill
3,177
36.7
2.6
161.08
11.27
7.0
News Syndicate Co. Inc. N. Y
3,069
70.5
4.2
213.32
12.66
5.9
*New York Times Co., N. Y.
2,518
2,468
110/10
1
1
1
1
1
Illinois Publishing and Printing, Ill. 3/
1
I
1
I
I
New York Journal American, N. Y.
2,330
42.7
3.5
244.77
19.82
8.1
*Merican Bank Note Co., N, Y
2,019
80.3
3.3
217.73
8.94
4.1
American Sales Book Co. Inc., N. Y
1,984
90.0
10.0
179.04
19.89
11.1
McCall Corp., N. Y
1,889
92.4
6.8
217.26
16.00
7.4
New York Herald Tribune Inc., N. Y
1,817
46.7
3.0
187.71
12,24
6.5
*Chicago Daily News, Inc. Ill
1,760
80.7
4.3
193.18
10.36
5.4
United Printers and Publishers, Ill
1,750
1
1
1
1/
*Time, Inc., N. Y
1,749
89.2
3.2
282.78
10.23
3.6
(Conde) Nast Publications, N. Y
1,640
77.7
5.2
204.80
13.80
6.7
*American Colortype Co., N. J
1,504
60.5
4.0
138.72
9.25
6.7
Dun and Bradstreet, N. Y
1,500
86.7
3.3
150.00
5.77
3.8
"Evening News Association, Mich
1,462
55.6
5.7
239.40
24.48
10,2
*Crowe Name Plate and Mfg. Co. Ill
1,332
94,1
8.0
135.03
11.45
8.5
*International Textbook & I.C.S. Co., Pa
1,330
49.2
2.1
104.30
4.40
4.2
Times Mirror Co., Calif
1,243
1
1
1
1
1
Los Angeles Examiner, Calif
1,200
41.7
2.8
187.50
12.56
6.7
"Hearst Magazines, Inc., N. Y
1,141
27.5
1.7
229.68
13.94
6.1
Reuben H. Donnelly Corp., Ill
1,134
85.1
4.8
169.32
9.53
5.6
1, 8. Printing and Lithographing, Ohio
1,112
75.0
3.3
195.69
8.61
4.4
Triangle Publications, Pa
1,110
51.3
4.8
189.32
17.57
9.3
Boston Herald Traveler, Mass
1,100
16.4
.7
208.28
9.44
4.5
*Jersey City Printing Co., N. J
1,084
46,1
2.5
148.52
8.19
5.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
Denotes Issuing Agent
Not available
Not included in total
No plan
Publishing
65
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued - 2)
Percentage
Percentage of
Number
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
participating
payroll
per employee
participating
salary
deducted
employees
participating
deducted
*Daily Mirror, Inc., N. Y,
1,082
70.9
3.5
$262.15
$12.93
4.9
*Philadelphia Record Co. Pa
1,073
24.5
1.9
202.24
16.06
7.9
*Brown and Bigelow, Minn
1,066
100.0
10,4
226.90
23.57
10.4
Times Publishing Co. Mich
1,066
61.3
5.2
197.43
16.64
8.4
Minneapolis Star Journal & Tribune Co.,
Minn
1,052
68.9
5.3
156.04
12.08
7.7.
Globe Newspaper Co., Mass
1,050
19.5
1.0
209.52
10.82
5.2
New York World Telegram, N. Y
1,042
86.0
3.5
295.58
12.19
4.1
*Sev York Sun, Inc., N. Y
1,040
46.5
2.6
225.96
12.47
5.5
Evening Star Newspaper, D. C
1,030
76.0
6.1
165.40
13.38
8.1
Gibson Art Co., Ohio
1,025
1
1/
Record American Advertiser, 2 Mass
1,020
51.2
2.7
243.66
12.67
5.2
Art Color Printing, N. J
1,009
40.4
3.4
170.31
14.46
8.5
Los Angeles Evening Herald and Express,
Calif
1,000
40.9
4.3
159.80
16.97
10.6
The Examiner, Calif
1,000
45.9
3.6
193.32
15.29
7.9
Total
63,137
59.2
3.8
$191.83
$12.37
6.4
Office of the Secretary of the Treasury, Division of Research and Statistics.
Agent
2/Not included in total
3/110 plan
Railroads
6
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Pennsylvania Railroad Co., Pa
169,086
93.4
3.5
$ 190.61
$ 7.17
3.8
# New York Central System, N. Y
130,075
83.5
2.9
191.19
6.68
3.5
# Southern Pacific Co., Calif
62,800
65.3
3.4
203.73
10.62
5.2
e Baltimore and Ohio, Md
61,986
62.4
2.3
179.71
6.50
3.6
Union Pacific Railroad, Nebr
54,000
82.2
4.9
215.58
12.78
5.9
4 Atchison, Topeka and Santa Fe Railway
System, Ill
53,947
45.2
2.5
206.53
11.30
5.5
& Railway Express Agency, Inc., N. Y
48,400
96.5
3.4
187.71
6.59
3.5
# Southern Railway System, D. C
42,426
63.3
2.5
190.99
7.60
4.0
4 Illinois Central System, Ill
40,763
85.9
3.6
187.66
7.97
4.2
Missouri Pacific Lines, Mo
35,813
98.0
5.0
199.21
10.08
5.1
Chicago, Milwaukee, St. Paul and Pacific,
Ill
34,850
67.3
3.1
183.38
8.42
4.6
Louisville and Nashville Railroad Co., Ky..
31,500
72.1
3.9
177.08
9.62
5.4
Chesapeake and Ohio Lines, Ohio
29,751
74.4
3.5
178.52
8.40
4.7
Chicago, Burlington and Quincy Railroad Co.
nl
28,873
83.9
4.7
189.37
10.69
5.6
Chicago and Northwestern Line, Ill
28,000
81.7
5.4
194.86
12.91
6.6
Great Northern Railway, Minn
25,483
59.7
2.5
196.21
8.22
4.2
Irie Railroad Co., Ohio
25,293
76.8
3.2
188.62
7.95
4.2
New York, New Haven and Hartford Railroad
Co., Conn
25,087
64.2
2.5
226.21
8.93
3.9
Rook Island Lines, Ill
24,129
73.0
3.2
193.00
8.45
4.4
Northern Pacific Railway, Minn
23,605
42.0
1.6
189.99
7.13
3.8
Pullman Company, Ill
23,500
81.5
2.9
156.38
5.61
3.6
Norfolk and Western Railway Co., Va
22,182
78.2
2.8
182.15
6.61
3.6
Reading Company, Pa
19,700
69.4
2.2
183.70
5.70
3.1
Seaboard Airline Railway, Va
18,299
51.4
2.7
192.98
10.17
5.3
St. Louis-San Francisco Railway Co., Mo
16,891
91.2
4.1
188.43
8.40
4.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Railroads
67
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
Name of Company and State
employees
monthly
deduction
payroll of
of
of aggregate
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
itlantic Coast Line Railroad Co., N. 0
16,755
47.9
3.5
$ 185.73
$ 13.49
7.3
Texas and New Orleans Railroad Co., Tex....
16,538
65.3
2.6
188.82
7.58
4.0
Boston and Maine Railroad, Mass
16,288
82.6
3.5
179.59
7.61
4.2
New York, Chicago and St. Louis, Railroad
Co., Ohio
14,209
51.5
2.4
188.54
8.89
4.7
Delaware, Lackawanna and Western Railroad
Co., N. Y
13,756
85.2
2.9
196.64
6.60
3.4
fehigh Valley Railroad Co., N. Y
13,238
36.2
1.2
200.98
6.85
3.4
Hsouri-Kansas-Texas Lines, Mo
12,638
75.6
4.4
177.66
10.38
5.8
Wabash Railway Co., Mo.
12,174
67.2
3.1
199.06
9.15
4.6
Central Railroad of New Jersey, N. J
11,500
69.4
1.4
208.41
4.35
2.1
lanadian National Railways, Canada
10,865
57.9
2.7
173.73
8.01
4.6
Delaware and Hudson Railroad Corp., N. Y
9,582
74.8
3.5
180.07
8.45
4.7
Texas and Pacific Railway Co., Tex
9,031
65.3
3.7
187.92
10.73
5.7
Minneapolis, St. Paul and Sault Ste. Marie
Railway, Minn
8,902
81.1
4.5
195.93
10.76
5.5
Denver and Rio Grande Railway, Colo
8,900
59.6
2.9
219.10
10.75
4.9
it. Louis Southwestern Railway Lines, Mo
8,344
16.4
1.0
174.56
10.46
6.0
luhville, Chattanooga and St. Louis Rail-
my, Tenn
6,862
40.1
1.6
183.31
7.27
4.0
hre Marquette Railway Co., Ohio
6,850
75.2
3.7
193.25
9.40
4.9
Elgin, Joliet and Eastern Railway Co., Ill.
6,400
87.8
7.2
176.04
14.40
8.2
The Alton Railway Co., Ill
6,092
67.0
2.4
194.74
6.99
3.6
Western Pacific Railroad Co., Calif
5,869
83.2
5.4
219.09
14.23
6.5
Chicago, St. Paul, Minneapolis and Omaha
Railway Co., Minn.
5,600
79.2
4.1
177.10
9.18
5.2
Matral of Georgia Railway Co., Ga
5,480
53.7
1.5
185.53
5.05
2.7
krainal No Railroad Association of St. Louis,
5,221
55.0
3.2
171.20
10.09
5.9
Duluth, Minn. Missabe and Iron Range Railway Co.,
4,950
91.0
5.9
206.44
13.41
6.5
Kansas City Southern Railway Co., Mo
4,869
64.9
3.7
199.66
11.45
5.7
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
1 Denotes Issuing Agent
Railroads
68
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Western Maryland Railway, Md
4,795
95.3
6.0
$ 195.78
$ 12.38
6.3
Chicago and Eastern Illinois Railroad, Ill.
4,735
77.5
3.5
187.92
8.53
4.5
Chicago Great Western Railway, Ill
4,614
59.9
3.0
178.15
8.96
5.0
Wheeling and Lake Erie Railway, Ohio
4,349
95.4
8.5
191.47
17.14
8.9
Maine Central Railroad Co., Me
4,306
80.8
4.4
175.69
9.62
5.5
Pacific Fruit Express Co., Calif
4,190
80.1
4.0
182.08
9.14
5.0
Washington Terminal Co., D. C
4,159
77.3
2.3
164.44
4.85
2.9
Los Angeles Railway Corp., Calif
3,977
72.6
3.7
195.52
9.85
5.0
Richmond, Fredericksburg, Potomac Railread,
3,749
21.5
1.8
173.26
14.90
8.6
Union Railroad Co., Pa
3,341
43.9
1.9
207.15
8.82
4.3
Se Virginian Railway Co., Va
3,250
77.4
4.5
192.88
11.14
5.8
The Western Railway of Alabama, Ga
3,138
76.1
4.7
185.46
11.35
6.1
Florida East Coast Railway, Fla
2,917
73.2
3.9
181.15
9.59
5.3
Minneapolis and St. Louis Railway, Minn
2,900
92.1
5.0
192.40
10.50
5.5
Spokane, Portland and Seattle Railway Co.,
Ore
2,646
50.3
2.8
210.85
11.70
5.5
Louisiana and Arkansas Railway Co., La
2,575
78.5
3.7
175.75
8.28
4.7
Mltimore and Ohio, Chicago Terminal Rail-
road Co., Ill
2,535
72.4
2.8
183.17
7.12
3.9
Chicago, Indianapolis and Louisville Rail-
road, Ill
2,297
62,6
2.6
172.26
7.11
4.1
Norfolk and Southern Railroad, Va
1,700
88.8
5.4
177.34
10.77
6.1
Kansas City Terminal Railway Co., Mo
1,674
65.1
3.5
175.20
9.34
5.3
Fort Worth and Denver City Railway Co., Tex.
1,637
67.7
4.7
179.71
12.46
6.9
The Belt Railway Co. of Chicago, Ill
1,604
73.3
3.4
180.80
8.51
4.7
Illinois Terminal Railroad Co., Mo.
1,595
70.3
3.2
186.56
8.53
4.6
itlanta, Birmingham and Coast Railroad Co.,
Ga
1,582
27,9
1,9
144.12
9.79
6.8
Colorado and Southern Railway Co., Colo
1,532
85.0
4.9
192.16
11.11
5.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
6 Denotes Issuing Agent
Railroads
69
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 4)
Percentage
Percentage of
Number
Percentage of
Average
Average
Name of Company and State
of
employees
of aggregate
monthly
deduction
payroll of
employees
payroll
participating
participating
salary
per employee
deducted
employees
participating
deducted
Clinchfield Railroad Coe, Tenn
1,510
48.1
2.8
$ 178.36
$ 10.54
Cincinnati Union Terminal Co., Ohio
1,450
5.9
72.1
2.2
179.64
Bangor and Aroostook Railroad, Me
5.39
3.0
1,434
56.7
4.6
121.40
9.96
8.2
Rutland Railroad Co.,
1,271
90.6
3.5
161.13
6.20
Chicago and Western Indiana Railroad Co.,
3.8
ni
1,260
92.1
5.0
158.73
8.62
5.4
Canadian Pacific Railway Co., Canada
1,246
21.1
1.0
168.82
6.83
4.0
Tennessee Central Railway Co., Tenn
1,161
90.7
5.9
158.01
10.32
Chicago, Illinois, Midland Railroad Co.,
6.5
Ill
1,066
90.2
6.1
188.77
12.67
6.7
Inn Arbor Railroad Co., Ohio
1,045
76.7
4.0
181.08
9.35
Pacific Terminal
5.2
Railroad of New Orleans, La
1,024
19.4
0.7
167.03
6.33
3.8
Northern Pacific Terminal Co., Ore
1,000
43.3
2.4
179.53
10.11
5.6
Total
1,406,616
74.3
3.4
$ 188.93
$ 8.52
4.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
6 Denotes Issuing Agent
Railway Equipment
70
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage
Percentage of
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
employees
payroll
participating
participating
deducted
salary
per employee
employees
participating
deducted
Baldwin Locamotive Works, Pa
23,723
76.6
5.5
$ 196.71
$ 14.08
7.2
# Pullman Standard Car Manufacturing Co., Ill.
20,073
81.2
5.3
192.67
12.46
6.5
4 American Car and Foundry Co., N. Y
16,313
95.4
5.4
248.93
14.18
4 American Locomotive Co., N. Y
5-7
15,000
86.7
5.6
260.00
16.92
6.5
American Steel Foundries, Ill
9,721
87.7
4.9
179.27
10.06
5.6
American Brake Shoe and Foundry Co., N. Y
7,739
86.1
4.4
188.61
9.74
5.2
# General Steel Castings Co., Pa
6,809
99.8
10.3
270.54
27.89
10.3
Pressed Steel Car Co., Pa.
6,603
87.8
4.7
181.51
9.78
5.4
+ Westinghouse Air Brake Co., Pa
5,955
51.7
3.5
185.55
12.42
6.7
4 General American Transportation Co., Ill
5,800
79.3
5.4
186.90
12.83
6.9
General Railway Signal Co., N. Y
3,907
53.0
3.0
228.91
13.13
5.7
+ Lima Locomotive Works, Ohio
3,818
96.3
4.5
249.12
11.56
4.6
Symington-Gould Corp., N. Y
2,906
80.9
5.1
238.60
14.96
6.3
+ New York Air Brake Co., N. Y
2,503
80.5
4.5
223.17
12.38
5.5
+ J. G. Brill Co., Pa
1,930
90.2
6.0
248.22
16.52
6.7
4 Pacific Car and Foundry Co., Wash
1,679
64.5
4.1
199.83
12.61
6.3
Pittsburgh Forgings Co., Pa,
1,234
55.3
4.1
197.33
14.63
7.4
, Union Tank Car Co., Ill
1,017
89.1
5.1
244.08
13.86
5.7
Buckeye Steel Castings Co., Ohio,
1,000
1
1
1
1
4 Chicago Railway Equipment Co., Ill
1,000
95.3
4.2
163.89
7.22
4.4
Total
137,730
82.8
5.4
$ 214.15
$ 14.00
6.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Rubber Products
71
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Goodyear Tire and Rubber Co., Ohio
53,411
70.1
3.7
$ 199.55
United States Rubber Co., N. Y
$ 10.47
5.2
52,727
80.4
3.7
185.85
8.60
4.6
e Firestone Tire and Rubber Co., Ohio
37,400
70.3
4.3
171.28
10.49
6.1
4 B. ?. Goodrich and Co., Ohio
29,260
46.2
1.8
186.26
7.09
3.8
General Tire and Rubber Co., Ohio
4,019
77.3
5.6
149.50
10.92
7.3
4 Raybestos-Manhattan, Inc., N. J
3,959
95.9
6.4
223.03
14.94
6.7
Gates Rubber Co., Colo
3,200
90.5
7.8
187.50
16.22
8.7
Richardson Co., Ill
2,679
77.7
3.9
150.82
7.62
5.1
Cambridge Rubber Co., Mass
1,936
40.2
2.5
96.19
6.05
6.3
4 Hewitt Rubber Co., N. Y
1,537
83.8
6.7
202.29
16.07
7.9
Pennsylvania Rubber Co., Pa
1,514
97.8
10.0
199.23
20.38
10.2
+ Seiberling Rubber Co., Ohio
1,456
56.9
4.7
179.23
14.82
8.3
American Hard Rubber Co., N. J
1,285
85.6
5.2
167.13
10.08
6.0
Dayton Rubber Manufacturing Co., Ohio
1,245
92.4
5.6
256.90
15.60
6.1
e Boston Woven Hose and Rubber, Mass
1,228
64.1
3.1
155.23
7.48
4.8
4 Thermoid Co., N. J
1,225
84.5
2.2
170.72
4.38
2.6
Intercontinental Rubber Co., N. Y. 3/
1,200 2/
1
1
1
1
1
4 Schacht Rubber Co., Ind
1,100
92.9
4.5
108.18
5.28
4.9
4 United Elastic Corp., Mass
1,076
31.0
1.9
128.10
7.98
6.2
Mansfield Tire and Rubber Co., Ohio
1,075
70.7
3.8
153.49
8.29
5.4
Servus Rubber Co., Ill
1,000
94.5
8.6
102.28
9.32
9.1
Total
202,332
70.7
3.8
$ 184.45
$ 9.87
5.4
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Services-Miscellaneous
72
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
I Union News Co., N, Y
6,187 2
1
# American Airlines, Ind., N. Y
4,500
97.8
3.6
$208.89
$ 7.59
3.6
# United Airlines Transport, Ill
4,045
54.4
2.5
192.35
9.01
4.7
# BritishPurehasing Commission, N. Y
3,700
58.8
3.7
141.08
8.78
6.2
National Linen Service Corp., Ga
3,652
88.8
3.8
82.68
3.51
4.2
Transcontinental & Western Air, Mo
3,521
68.5
3.5
209.23
10.79
5.2
- Consolidated Laundries Corp., N. Y
3,305
35.6
1.8
110.94
5.45
4.9
Fruit Growers Express Co., D. C
2,998
20.7
0.9
124.77
5.48
4.4
* Pacific Greyhound Lines, Calif
2,600
31.0
1.7
185.78
10.33
5.6
+ Yellow Cab Co. of Chicago, Ill
2,495
66.3
4.7
133.52
9.40
7.0
United Parcel Service, N. Y
2,413
76.8
2.7
181.76
6.32
3.5
National Carloading Corp., N. Y
2,400
64.7
2.9
179.38
7.95
4.4
# Presbyterian Hospital, N. Y
2,377
43.0
1.8
103.99
4.24
4.1
Pennsylvania Greyhound Lines, Ohio
2,318
23.9
1.0
183.18
7.39
4.0
Eastern Airlines, Inc., N. Y
2,000
9.7
0.8
212.50
17.89
8.4
Associated Press, N. Y
2,000
23.0
1.2
212.50
10.94
5.1
9 Atlanta Laundries, Inc., Ga
1,956
32.6
5.3
67.89
11.08
16.3
Keeshin Motor Express Co., Ill
1,950
35.6
2.0
159.10
9.12
5-7
Santa Fe Trail Transportation, Kansas
1,853
27.6
1.3
170.00
8.02
4.7
# Rockefeller Center, Inc., N. Y
1,847
26.7
1.5
156.69
8.88
5.7
* Palmer House Co., Ill
1,800
69.5
3.4
104.30
5.12
4.9
Northwest Airlines, Inc., Minn
1,776
61.9
4.4
237.44
16.82
7.1
Southeastern Greyhound Lines, Ky
1,748
16.3
0.7
141.92
6.43
4.5
* Hotel Waldorf-Astoria Corp., N. Y
1,680
94.5
3.7
111.90
4.44
4.0
# Hayes Freight Lines, Inc., Ill
1,642
77.1
4.7
109.62
6.71
6.1
Yellow Cab Co. of Philadelphia, Pa
1,600
97.5
6.3
125.00
8.01
6.4
New Yorker Hotel Corp., N. Y
1,600
68.8
3.8
86.04
4.75
5.5
General Outdoor Advertising Co., Ill
1,593
78.0
3.5
228.37
10.22
4.5
Indiana University Medical Center, Ind
1,550
23.5
2.8
61.53
7.25
11.8
Hershey Estates, Pa
1,540
64.9
4.0
119.77
7.30
6.1
(continued)
office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
1/ Not available
2/ Not included in total.
Services-Miscellaneous
73
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Number
Percentage of
Percentage
Average
Average
Percentage of
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Southwestern Greyhound Lines, Texas
1,525
60.4
6.0
$179.07
$17.65
9.9
+ E. B. Badger & Sons Co., Mass
1,420
90.0
14.0
186.21
28.97
15.6
# Fifth Avenue Coach Co., N. Y
1,404
100.0
2.8
183.35
5.09
2.8
The Commodore, N. Y
1,400
80.0
5.0
89.29
5.58
6.2
# Consolidated Motor Lines, Inc., Conn
1,368
41.6
2.5
164.21
9.98
6.0
Detroit & Cleveland Navigating Co., Mich.
1,349
12.3
1.5
142.30
17.06
12.0
4 Yellow Cab Co. of San Francisco, Calif
1,336
31.8
7.9
136.92
33.79
24.7
Commercial Motor Freight, Ohio
1,185
66.6
3.0
199.60
8.87
4.4
Great Lakes Greyhound, Mich
1,155
26.8
1.7
179.28
11.66
6.5
# Stevens Hotel Corp., Ill
1,140
78.9
4.0
96.49
4.89
5.1
+ Chicago Motor Coach Co., Ill
1,122
99.0
4.3
194.86
8.40
4.3
nochester Transit Corp., N. Y
1,109
30.2
1.3
177.81
7.64
4.3
+ American Building Maintenance Co., Calif.
1,105
31.8
2.1
93.08
6.13
6.6
At. Sinai Hospital, N.
1,100
45.0
3.1
86.36
5.86
6.8
# Port of New York Authority, N. Y
1,093
87.0
3.3
236.38
8.93
3.8
* Automobile Club of Southern California,
Calif
1,091
90.1
5.0
182.96
10.23
5.6
+ Consolidated Freightways, Ore
1,088
76.1
4.7
178.60
11.02
6.2
Western Adjustment & Inspection Co., Ill.
1,070 2
99.3
10.54
Hudson River State Hospital, N. Y,
1,032
53.6
2.0
100.74
3.67
3.6
* Hotel Sherman, Ill
1,006
94.4
4.5
126.24
6.00
4.8
Asplundh Tree Expert Co., Pa
1,000
50.0
4.0
100.00
8.00
8.0
Total
92,487
56.6
3.2
152.99
8.60
5.6
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Shipbuilding
74
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942.
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
California Shipbuilding Corp., Calif
38,217
71.5
5.8
$ 294.79
$ 23.90
6.1
Oregon Shipbuilding Corp., Ore.
29,554
90.0
10.0
250.94
27.88
11.1
Newport News Shipbuilding and Dry Dock
Co. Va
29,529
85.2
5.8
205.99
14.12
6.8
New York Shipbuilding Corp., N. J
28,248
78.0
5.0
247.20
14.39
6.0
Federal Shipbuilding and Dry Dock Co.,
N. J
26,117
94.6
5.6
256.97
15.26
5.9
Sun Shipbuilding and Dry Dook Co., Pa
25,441
92.4
10.0
280.73
30.39
10.8
Seattle-Tacoma Shipbuilding Corp., Wash
24,219
27.1
1.5
259.15
14.75
5.7
Kaiser Co., Inc., Wash
23,167
80.0
8.6
205.00
21.83
10.6
Houston Shipbuilding Corp., Tex
19,453
61.6
5.9
210.76
20.20
9.6
Seattle-Tacoma Shipyards, Wash
15,180
15.3
1.2
268.66
20.67
7.7
Todd-Bath Iron Shipbuilding Corp. Me
15,000
80.0
6.7
200.00
16.67
8.3
North Carolina Shipbuilding Co., N. C
14,200
78.3
7.0
193.31
17.26
8.9
Delta Shipbuilding Co., Inc., La
13,446
93.7
6.4
185.93
12.70
6.8
Alabama Dry Docks, Ala
13,106
32.8
4.4
171.45
22.79
13.3
Cramp Shipbuilding Co., Pa
11,713
72.9
6.5
240.58
21.36
8.9
.
Consolidated Steel Corp., Tex
11,073
85.0
9.5
187.81
20.96
11.2
Gulf Shipbuilding Co., Ala.
10,499
75.3
10.3
204.29
28.07
13.7
Electric Boat Co., Conn
10,110
42.5
1.7
238.67
9.30
3.9
Marin Shipbuilding Co., Calif
9,600
99.0
10.6
132.08
14.14
10.7
Western Pipe and Steel Co., Calif
9,471
57.4
4.0
222.68
15.46
6.9
Bath Iron Works Corp., Me
8,300
91.6
5.0
240.96
13.16
5.5
Willamette Iron and Steel Corporation,
Ore
7,922
69.4
5.8
232.71
19.56
8.4
Los Angeles Shipbuilding and Dry Dock
Co., Calif
7,714
54.4
3.7
246.31
16.67
6.8
Robins Dry Dock and Repair Co., N. Y
7,400
36.2
1.9
326.90
17.06
5.2
Tampa Shipbuilding Co., Fla
7,312
90.0
12.0
173.05
23.07
13.3
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
Shipbuilding
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
75
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
South Portland Shipyard, Me
7,000
75.0
8.0
$ 171.43
$ 18.29
10.7
Maryland Dry Dock Co., Md
6,877
56.8
5.0
231.22
20.39
8.8
American Shipbuilding Co., Ohio
6,611
54.5
2.4
274.47
12.06
4.4
Ingalls Shipbuilding Corporation, Miss
6,000
55.0
5.3
179.29
17.37
9.7
Lake Washington Shipyards, Wash
5,989
56.7
6.4
268.97
30.14
11.2
Higgins Industries, La
5,818
53.5
6.0
210.55
23.74
11.3
Associated Shipbuilders, Wash
4,466
90.0
10.8
209.92
25.19
12.0
Manitowoc Shipbuilding Co., Wisc
4,294
40.9
2.6
231.02
14.94
6.5
Todd Galveston Dry Dock, Inc., Texas
3,600
20.4
1.8
180.28
16.05
8.9
Southeastern Shipbuilding Co., Ga
3,600
82.6
8.7
231.91
24.40
10.5
Arma Corporation, N. Y
3,500
100.0
12.1
259.50
31.28
12.1
fodd-Johnson Drydocks, La
3,188
52.5
5.0
199.77
18.86
9.4
Defoe Boat and Motor Works, Mich
3,160
93.0
6.3
186.12
12.58
6.8
Pusey and Jones Corporation, Del
3,077
90.3
4.3
204.97
9.83
4.8
General Engineering and Dry Dock Co.,
Calif
2,874
70.8
7.5
232.16
24.63
10.6
#
Todd Seattle Drydock, Wash
2,799
23.7
1.5
285.46
18.13
6.3
Daniel Construction Corporation, Ala
2,721
89.1
6.7
154.48
11.55
7.5
Sullivan Drydock and Repair Corp., N.Y
2,500
34.0
3.0
257.20
22.69
8.8
George Lawley and Sone Corporation, Mass.
2,400
50.0
3.9
227.55
16.79
7.4
Leathem Smith Coal and Shipbuilding
Corporation, Wisc
2,400
72.0
4.5
166.67
10.42
6.3
Atlantic Basin Iron Works, N. Y
2,373
65.7
4.5
292.39
20.10
6.9
United Engineering Co., Calif
2,300
24.9
2.8
340.26
38.32
11.3
Dry Dock Associated, Pa.
2,241
93.9
12.0
264.95
33.86
12.8
Commercial Iron Works, Ore
2,223
90.0
10.0
222.13
24.68
11.1
Great Lakes Engineering Works, Mich
1,958
81.8
5.4
235.50
15.55
6.6
Pacific Bridge Co., Calif
1,771
90.0
6.3
223.85
15.72
7.0
Barnes-Duluth Shipbuilding Co., Minn
1,731
90.0
10.0
239.97
26.66
11.1
Walter Butler Shipbuilding Co. Wisc
1,700
99.1
7-7
224.51
17.49
7.8
Concrete Ship Construction, Callf
1,700
64.7
5.3
176.47
14.55
8.2
Gibbs Gas Engine Co., Fla
1,550
21.7
1.6
166.14
12.41
7.5
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
Denotes Issuing Agent
Not available.
Not included in total.
Shipbuilding
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
76
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Winslow Marine and Shipbuilding Co., Wash
1,478
22.3
1.5
$ 236.12
$ 16.06
6.8
Savannah Machine and Foundry Co., Ga.
1,450
31.0
4.0
258.62
33.33
12.9
Wheeler Shipbuilding Corporation, N. Y
1,280
88.0
6.9
245.60
19.15
7.8
Norfolk Shipbuilding and Dry Dock Co. Va.
1,243
47.9
5.2
186.47
20.28
10.9
Brewer Dry Dock Co., N. Y
1,168 2
1/
1/
1/
Richmond Shipbuilding Corp., Calif
1,000 2
1/
1/
Charleston Shipbuilding and Dry Dock Co.,
5. C
1,000 2
McEvoy Shipbuilding Corporation, Ga.
1,000
Total
523,863
70.4
6.0
$232.45
$19.85
8.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
Not included in total.
Steel and Iron
77
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
United States Steel Corp., N. Y
307,093
71.7
3.3
$177.32
$ 8.26
4.7
Bethlehem Steel Corp., N. Y
238,369
79.0
4.5
228.88
13.17
5.8
Republic Steel Corp., Ohio
66,576
77.8
2.9
186.00
7.02
3.8
Jones & Laughlin Steel Co., Pa
38,856
94.8
9.6
176.47
17.80
10.1
4 Inland Steel Co., Ill
29,661
89.7
4.1
180.95
8.30
4.6
Crucible Steel Co. of America, N. Y
27,819
61.1
2.7
211.35
9.17
4.3
# Youngstown Sheet & Tube Co., Ohio
25,636
82.5
6.0
186.96
13.55
7.3
Wheeling Steel Corp., W. Va.
20,129
71.9
4.4
162.79
9.87
6.1
+ National Steel Corp., N. Y
19,003
73.2
4.2
181.25
10.28
5.7
Alleghany Ludlum Steel Corp., Pa
11,725
83.6
4.4
196.16
10.23
5.2
American Rolling Mill Co., Ohio
11,671
82.6
5.8
215.01
15.19
7.1
Colorado Fuel and Iron Corp., Colo
11,562
84.0
6.0
150.75
10.83
7.2
4 Pittsburgh Steel Co., Pa
9,046
53.8
2.3
176.09
7.67
4.3
Lukens Steel Co., Pa
5,500
10.0
.5
180.00
8.73
4.8
Cleveland Cliffb Iron Co., Ohio
4,859
57.0
6.6
171.63
19.99
11.6
e Wickwire Spencer Steel Co., N. Y
4,320
84.2
4.5
188.40
10.03
5.3
# Sheffield Steel Corp., Mo
4,117
69.1
5.1
201.29
14.72
7.3
+ Sloss-Sheffield Steel and Iron, Ala
4,024
70.9
5.6
132.02
10.42
7.9
# Sharon Steel Corp., Pa
3,772
80.8
3.1
208.84
8.10
3.9
# Alan Wood Steel Co., Pa
3,650
72.6
4.8
171.23
11.35
6.6
Falk Corp, Wis
3,150
31.7
7.6
200.00
47.57
23.8
* Campbell, Wyant and Cannon Foundry Co.,
Mich
3,100
95.0
2.9
250.89
7.73
3.1
# Acme Steel Co., Ill
3,037
72.8
4.0
186.00
10.33
5.6
* Consolidated Steel Corp., Calif
2,993
90.5
7.6
268.90
22.71
8.4
Copperweld Steel Corp., Ohio
2,928
67.6
4.0
165.40
9.76
5.9
# Woodward Iron Co., Ala
2,867
93.0
6.5
171.97
12.03
7.0
Ohio Steel Foundry Co., Ohio
2,802
75.7
4.8
216.37
13.83
6.4
Midland Steel Products Co., Ohio
2,605
95.5
7.0
240.70
17.61
7.3
# Carpenter Steel Co., Pa
2,597
87.8
6.3
215.90
15.39
7.1
4 Harrisburg Steel Corp., Pa
2,581
87.3
5.6
236.95
15.07
6.4
Andrews Steel Co., Ky
2,500
38.0
2.4
138.00
8.85
6.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
+ Denotes Issuing Agent
Steel and Iron
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
78
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
payroll
participating
employees
participating
salary
per employee
employees
deducted
participating
deducted
# Rustless Iron & Steel Corp., Md
2,423
90.4
5.9
$217.17
$14.22
Interlake Iron Corp., Ill
6.5
2,387
93.4
6.8
166.64
12.22
7.3
+ Soullen Steel Co., Mo
2,300
19.1
1.8
148.26
13.87
9.4
# Continental Roll and Steel Foundry, Ind.
2,283
99.6
12.0
222.70
26.84
12.0
Taylor Wharton Iron & Steel, N.
2,248
80.7
5.5
179.81
12.22
6.8
Continental Steel Corp., Ind
2,187
100.0
7.2
142.08
10.17
7.2
Taylor Forge & Pipe Works, Ill
2,155
100.0
6.1
221.81
13.46
6.1
+ Granite City Steel Co., Ill
2,000 2.
10.0
Central Foundry Co., N. Y
1,973
73.2
3.1
112.11
4.78
4.3
Keystone Steel & Wire Co., Ill
1,840
88.7
10.6
166.32
19.79
11.9
# Birdsboro Steel Foundry and Machine Co.,
1,828
78.6
4.0
97.93
4.95
5.1
American Cast Iron Pipe Co., Ala
1,828
100.0
10.0
207.05
20.71
10.0
Lansdowne Iron Co., Pa
1,766
83.5
6.3
140.59
10.56
7.5
Northwestern Steel & Wire, Ill
1,750
99.1
10.0
196.50
19.82
10.1
Jessop Steel Co., Pa
1,750
44.7
3.5
174.63
13.55
7.8
Central Iron & Steel Co., Pa
1,700
62.7
3.0
182.94
8.78
4.8
Firth-Sterling Steel Co., Pa
1,652
92.5
9.2
223.85
22.24
9.9
Moore Drop Forging Co., Mass
1,566
98.7
11.0
201.15
22.43
11.1
Universal Cyclops Steel Corp., Pa
1,562
89.9
5.6
185.95
11.64
6.3
Oliver Iron & Steel Corp., Pa
1,522
98.8
12.8
139.36
18.06
13.0
Laclede Steel Co., Mo
1,488
48.7
2.4
180.92
8.98
5.0
# Buffalo Bolt Co., N. Y
1,427
99.1
6.3
224.30
14.36
6.4
# Worth Steel Del
1,375
89.5
4.7
219.05
11.41
5.2
Superior-Stor Corp., Pa
1,362
88.5
3.2
178.41
6.52
3.7
Stendard Forgings Corp., Ill
1,338
89.5
5.5
236.12
14.51
6.1
Edgewater Steel Co., Pa
1,335
64.8
4.0
186.54
11.53
6.2
Atlantic Steel Co., Ga
1,332
84.9
3.9
154.90
7.03
4.5
Transue & Williams Steel Forging Corp.,
Ohio
1,298
61.6
4.9
217.90
17.22
7.9
Pittsburgh Steel Foundry, Pa
1,267
93.0
4.6
180.74
9.01
5.0
# Phoenix Iron Co., Pa
1,256
67.6
3.3
157.70
7.66
4.9
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Steel and Iron
79
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Empire Sheet and Tin Plate Co., Ohio
1,250
96.0
5.5
$154.84
$ 8.81
5.7
Parrish Pressed Steel Co., Pa
1,213
93.3
6.5
212.37
14.73
6.9
# Albion Malleable Iron Co., Mich
1,183
25.4
1.4
191.96
10.56
5-5
I Lebanon Steel Foundry, Pa
1,140
94.3
8.2
192.98
16.84
8.7
# General Metals Corp., Calif
1,135
92.8
5.9
250.64
16.06
6.4
+ Globe Steel Tubes Co., Wi:
1,085
70.5
3.4
202.76
9.85
4.9
Ohio Seamless Tube Co., Ohio
1,065
100.0
8.7
180.57
15.66
8.7
# Harrison Steel Casting Co., Ind
1,049
25.7
1.5
151.97
8.74
5.7
Virginia Iron, Coal and Coke, Va
1,000 2
1
+ Vanadium Alloys Steel Co., Pa
1,000
2
Total
937,866
76.1
4.3
$ 193.94
$ 11.09
5.7
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
1/ Not available.
2/ Not included in total.
Telephone and Telegraph
80
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Pacific Telephone and Telegraph Co., Calif
41,193
96.1
6.4
$168.40
+ New York Telephone Co., N. Y
$11.14
6.6
40,205
94.5
4.7
# The Western Union Telegraph Co., N. Y
193.75
9.58
5.0
35,200
60.5
3.6
# Southwestern Bell Telephone Co., Mo
158.92
9.49
6.0
30,886
92.9
5.7
6.1
# Illinois Bell Telephone Co., Ill
143.73
8.74
28,380
93.8
5.1
171.72
9.37
5.5
+ Southern Bell Telephone & Telegraph Co.,
Ga
28,112
97.1
10.0
113.99
11.74
10.3
# New England Telephone & Telegraph Co.,
Mass
20,963
96.8
3.4
152.84
5.41
3.5
# American Telephone & Telegraph Co., N. Y.
20,100
94.0
8.3
226.28
19.90
8.8
# Bell Telephone Co. of Pa., Pa.
19,724
98.3
10.0
169.14
17.21
10.2
# Michigan Bell Telephone Co., Mich
15,171
90.0
7.7
151.32
12.97
8.6
Postal Telegraph Inc., N. Y
14,200
2,
1
1
1
1
* New Jersey Bell Telephone, N. J
14,138
96.8
9.0
180.32
16.75
9.3
Northwestern Bell Telephone Co., Neb
13,203
96.0
8.1
147.39
12.41
8.4
# Ohio Bell Telephone Co., Ohio
11,874
95.6
4.8
170.21
8.52
5.0
# Mountain States Telephone and Telegraph
Co., Colo
9,719
86.4
4.7
120.57
6.55
5.4
# Wisconsin Telephone Co., Wis
7,412
92.8
7.0
119.26
9.00
7.5
# Chesapeake & Potomac Telephone Co., Md
6,534
91.7
4.9
133.10
7.05
5.3
+ Chesapeake & Potomac Telephone Co., D.C..
6,448
87.1
6.0
180.05
12.37
6.9
4 Southern New England Telephone Co., Conn.
5,957
95.2
5.3
186.86
10.32
5.5
# Bell Telephone Laboratories Inc., N. Y...
5,785
96.3
7.6
333.83
26.45
7.9
9 Chesapeake & Potomac Telephone Co., Va...
4,800
97.8
10.0
129.77
13.27
10.2
# Indiana Bell Telephone Co., Ind
4,797
93.7
7.1
139.21
10.49
7.5
Chesapeake & Potomac Telephone Co., W. Va
2,516
97.3
8.5
123.92
10.86
8.8
Cincinnati & Suburban Bell Telephone Co.,
Ohio
2,171
90.6
4.6
145.40
7.46
5.1
Rochester Telephone Co., N. Y
1,749
94.3
4.1
136.05
5.85
4.3
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
Not included in total.
Telephone and Telegraph
81
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(continued-2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# International Telephone & Telegraph Corp.
N. Y
1,600
53.1
2.6
$277.50
$13.35
4.8
4 Associated Telephone Co., Ltd., Calif
1,396
59.3
3.3
154.69
8.63
5.6
4 Illinois Commercial Telephone Co., Ill...
1,270
69.6
3.1
78.96
3.51
4.4
Continental Telephone Co., Delass......
1,200 2
1
1
1
1
1
Lincoln Telephone & Telegraph Co., Neb.
1,108
100.0
4.8
102.95
4.97
4.8
+ R. C. A. Communications Inc., N. Y
1,025
77.1
6.4
228.29
18.92
8.3
Total
383,436
92.0
6.2
$164.65
$11.29
6.8
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
. Denotes Issuing Agent
Not available.
2/ Not included in total.
Textiles, Clothing and Shoes
82
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Number
Percentage of
Percentage of
Percentage
Namo of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
employees
participating
participating
payroll
salary
per employee
employees
deducted
participating
deducted
International Shoe Co., Mo
34,098
82.7
5.6
$ 102.90
$ 6.97
6.8
American Woolen Co., N.Y.
28,861
84.1
4.3
127.48
6.47
Endicott-Johnson Corp., N.Y.
5.1
18,757
85.4
7.9
169.86
Cannon Mills Co., N.C.
15.79
9.3
18,520 2
1
1
1
1
American Viscose Corp., Del
17,232
87.6
5.1
152.25
8.82
5.8
Burlington Mills Corp., N.C
15,334
69.2
4.8
110.68
7.75
7.0
Riverside and Dan River Cotton Mills, Va.
14,088
84.2
5.5
88.78
5.77
6.5
.
Celanese Corp. of America, Md
11,969
84.2
4.0
133.61
6.29
4.7
Pacific Mills, Mass
11,807
79.6
3.7
143.98
6.76
4.7
Berkshire Fine Spinning Assoc., Inc Masa
10,000
69.2
2.4
113.35
3.97
3.5
Bibb Manufacturing Co., Ga
9,758
45.8
3.2
90.73
6.38
7.0
#
Avondale Mills, Ala
8,319
100.0
10.6
79.47
8.41
10.6
West Point Manufacturing Co., Ga
8,145
92.2
7.3
105.76
8.37
7.9
Calloway Mills, Ga
8,084
35.1
2.3
85.94
5.53
6.4
Kendall Co., N. C
7,850
43.0
2.8
113.28
7.41
6.5
+
American Thread Co., N.Y
7,276
79.8
4.4
113.72
6.25
5.5
.
Arlington Mills, Mass
7,081
85.9
3.8
153.15
6.83
4.5
Springs Cotton Mills, S. C
6,853
54.2
3.3
87.97
5.36
6.1
Erwin Cotton Mills Co., N. C
6,745
64.5
3.6
95.69
5.41
5.6
Mt. Vernon - Woodberry Mills, Ala
6,420
53.2
5.0
100.43
9.49
9.4
+
General Shoe Corp., Tenn
6,303 2
1
1
1
1
1
Nashua Manufacturing Co., N.H.
6,295
78.0
3.2
130.68
5.42
4.1
M. J. Stevens and Sons Co., Mass
6,003
77.9
3.9
134.16
6.66
5.0
United Merchants and Manufacturers, Del.
5,863
58.2
3.5
116.82
7.08
6.1
Cluett, Peabody and Co., N.Y
5,656
99.9
5.9
114.73
6.75
5.9
Brown Shoe Co., Inc., Mo
5,599 2
1
1
1
1
1
Botany Worsted Mills, N.J
5,537
100.0
3.5
179.68
6.26
3.5
-
Bigelow - Sanford Carpet Co., N.Y
5,484
50.3
4.1
183.81
14.88
8.1
Collins and Aikman Corp., N.Y.
5,300
66.0
3.5
160.38
8.57
5.3
Van Raalte Co., Inc., N.Y.
5,259
94.8
5.7
87.16
5.24
6.0
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
.
Denotes Issuing Agent
Not Available
Not included in total.
Textiles, Olothing and Shoes
73
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 2)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Proximity Mfg. Co., N.C
4,850
44.2
3.2
$ 115.68
$ 8.49
7.3
# Russell Mfg. Co., Conn
4,672
92.9
7.6
141.23
11.55
8,2
#
Berkshire Knitting Mills, Pa
4,638
87.7
4,2
10.25
5.23
4.7
Trion Co., N.Y.
4,629
75.6
3.9
73.87
3.84
5.2
Pepperell Mfg. Co., Mass
4,609
71.0
3.8
125.90
6.77
5.4
Graniteville Co. 8,0
4,500 2
1
1
1
1
1
Mohawk Carpet Mills, Inc., N.Y.
4,468
69.4
3.2
182.90
8.43
4.6
J.F. McElwain Co., N.H.
4,400
72.0
5.5
201.70
15.49
7.7
Thomaston Cotton Mills, Ga
4,365
93.2
4.3
104.44
4.87
4.7
Forstmann Woolens Co., N.J.
4,353
93.4
5.0
139.48
7.51
5.4
#
Victor-Monaghan Co., S. C
4,298
78.7
7.1
99.43
8.94
9.0
Lawrence Leather Co., Mass
4,215
2
1
1
1
Hat Corp. of America, Conn
4,059
90.0
10.0
129.98
14,44
11.1
Ware Shoals Mfg. Co. 8.0
4,007
57.6
1.7
80.98
2.38
2.9
Hart, Schaffner and Marx, Ill
3,960
97.9
6.3
128.03
8.19
6.4
Standard-Coosa-Thatcher, Tenn
3,690
86.8
6.6
100.15
7.59
7.6
Industrial Rayon Corp., Ohio
3,481
89.9
5.6
167.49
10.46
6.2
# Ution Knitting Co., Inc., N. Y
3,444
68.8
4.4
100.41
6.47
6.4
Textiles, Inc., H. C
3,443
65.9
5.8
107.38
9.53
8.9
Craddosk-Terry Shoe Corp., Va
3,422
79.7
4.1
116.80
5.95
5.1
Julius Kayser and Co., N. Y
3,408
95.3
4.6
99.45
4.78
4.8
4 J. and P. Coats, Inc., R. I
3,325
64.7
3.0
106.09
4.95
4.7
Merrimack Mfg. Co., Mass
3,294
88.6
6.5
114.02
8.37
7.3
L. Greif and Brothers, Md
3,241
86.5
3.9
100.71
4.53
4.5
Phillips-Jones Corp., N. Y
3,225
89.8
5.4
94.15
5.71
6.1
# Congoleum-Nairn, Inc., N. J
3,127
93.6
4.1
201.84
8.89
4.4
Sidney Blumenthal and Co., N. Y
3,117
58.8
2.6
155.99
6.82
4.4
6 Floraheim Shoe Co., Ill.
3,056
2
1
1
1
1
1
Manville Jenckes Corp., R. I
3,055
69.5
1.9
111.40
3.00
2.7
+ P. H. Hanes Knitting do., N. 0
3,025
86.9
3.8
89.74
3.93
4.4
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
4
1 Penotes Issuing Agent
Not available
2/
Not included in total.
Textiles, Clothing and Shoes
84
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 3)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Martha Mills, Ga
2,938
1
1
1
1
1
Wiscassett Mills Co., N. C
2,924
13.1
0.8
$ 79.52
8 4.79
6.0
Tubize Chatillon Co., N. Y
2,917
64.4
3.8
114.23
6.81
6.0
New Jersey Worsted Mills, N. J
2,900
90.0
10.0
144.83
16.09
11.1
# Dunean Mills, S. C
2,850
49.2
4.0
120.64
9.84
9.2
Phoenix Hosiery Co., Wis
2,832
67.1
3.7
117.94
6.42
5.4
# Ames Worsted Mills, Mass
2,813
91.6
6.0
98.17
6.43
6.6
4 Clark Thread Co., Ga
2,808
72.7
4.1
125.96
7.18
5.7
Standard Knitting Mills, Tenn
2,800
89.8
5.5
95.36
5.87
6.2
Real Silk Hosiery Mills, Ind
2,785
37.2
2.6
108.30
7.72
7.1
Dwight Mfg. Co., Ala
2,748
71.0
4.4
106.26
6.66
6.3
e Selby Shoe Co., Ohio
2,742
57.3
1.6
122.34
3.52
2.9
4 Weyenberg Shoe Mfg. Co., Wis
2,731
60.9
4.1
97.51
6.60
6.8
The Linen Thread Co., Inc., N. Y
2,716
59.0
3.7
126.82
7.86
6.2
Uxbridge Worsted Co., Inc.
2,712
79.3
5.0
153.47
9.73
6.3
* John B. Stetson and Co., Pa
2,709
82.1
2.9
131.90
4.64
3.5
Aragon Baldwin Mills, S. C
2,687
43.7
3.0
96.64
6.58
6.8
Washington Mills Co., N. C
2,615
76.9
5.3
103.11
7.10
6.9
# Utica and Mohawk Cotton Mills, N. Y
2,600
1
1
1
1
Roanoke Mills, Inc., N. C
2,595
53.5
2.8
85.45
4.5I
5.3
Blue Bell Globe Mfg. Co., Miss
2,573
52.2
4.4
70.66
5.97
8.4
# Naumkeag Steam Cotton Co., Mass
2,569
76.6
4.0
87.78
4.61
5.3
4 Lorraine Mfg. Co., R.
2,559
52.8
3.7
150.73
10.66
7.1
# The Beacon Mfg. Co., N. C
2,540
50.2
3.3
122.73
7.99
6.5
Melville Shoe Corp., N. Y
2,509
1
1
1
1
# Wanskuck Co. of Providence, R. I
2,465
35.1
2.1
165.98
9.95
6.0
Winslow Bros. and Smith Co., Mass
2,400
56.2
3.8
135.42
9.04
6.7
Maiden Form Brassiere Co., N. Y
2,399
74.8
3.8
98.34
4.95
5.0
Lane Cotton Mills Co., La.
2,396
53.8
2.5
90.57
4.20
4.6
e Eagle and Phenix Mills, Ga
2,333
40.2
2.5
68.62
4.19
6.1
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
.
Denotes Issuing Agent
Not available
Not included in total
Textiles, Clothing and Shoes
85
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 4)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Adams Millis Corp., N. C
2,326
70.5
2.4
$ 68.89
$2.33
3.4
Cheney Bros., Conn
2,304
65.9
3.6
151.77
8.38
5.5
# Boss Mfg. Co., Ill
2,292
86.5
7.5
77.66
6.76
8.7
Chase Bag Co., N. Y
2,288
72.1
4.1
129.05
7.38
5.7
# Sayles Finishing Plants, R. I
2,276
37.9
1.7
194.67
8.96
4.6
United States Leather Co., N. Y
2,250
48.4
2.8
129.33
7.36
5.7
Monarch Mills, S. C
2,190
32.1
2.1
102.05
6.72
6.6
+ Dunn and McCarthy, Inc., N. Y
2,184
92.0
6.3
131.92
9.09
6.9
+ Judson Mills, S. C
2,155
51.0
3.3
120.35
7.85
6.5
Mooresville Cotton Mills, N. C
2,141
46.4
4.1
90.84
8.01
8.8
Oberman and Co., Ark
2,136
80.0
2.8
75.37
2.67
3.5
Hoosao Mills Corp., Mass
2,108
66.0
3.9
98.67
5.85
5.9
Sagamore Mfg. Co., Mass
2,082
70.3
3.4
91.25
4.37
4.8
Brookside Mills, Tenn
2,078
69.6
4.0
98.17
5.58
5.7
Stillwater Worsted Mills, R. I
2,052
84.7
6.8
125.12
10.00
8.0
# Brandon Corp., 8. C
2,051
45.5
4.0
105.00
9.23
8.8
Rock Hill Printing and Finishing Co.,
S.C
2,050
34.1
3.0
84.98
7.39
8.7
Union Buffalo Mills Co., S. C
2,041
46.8
2.8
101.77
6.17
6.1
Elder Mfg. Co., Mo
2,038
82.3
5.6
64.41
4.42
6.9
Standard Coated Products, N. Y
2,037
20.8
1.1
111.44
6.04
5.4
# Exposition Cotton Mills, Ga
2,010
29.1
1.4
93.03
4.44
4.8
4 Chadwick-Hoskins Co., N. C
2,001
NN)
1
1
1
1
Gosnold Mills Corp., N. Y
2,000
I
I
I
I
* Gossett Mills, S. C
2,000
14.4
1.5
19.00
8.00
10.1
4 Joseph and Feise Co., Ohio
1,981
56.4
2.8
103.98
5.14
4.9
Cramerton Mills, Inc., N. C
1,965
76.3
5.0
119.81
7.85
6.6
James Lees and Sons, Pa
1,963
97.5
8.1
132.45
10.97
8.3
4 Bates Mfg. Co., Maine
1,911
74.8
3.4
140.91
6.32
4.5
Chatham Manufacturing Co., N. C
1,909 2
1
1
1
1
Munsingwear, Inc., Minn
1,869
96.3
10.0
118.16
12.27
10.4
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
.
Denotes Issuing Agent
Not available.
Not included in total.
Textiles, Clothing and Shoes
86
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 5)
Percentage of
Number
Percentage of
Percentage
Average
Average
Name of Company and State
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
A. M. Karagheusian, Inc., N. Y
1,852
89.3
10.0
$ 164.90
$ 18.45
11.2
+ Reliance Manufacturing Co., Ill
1,851
70.6
5.8
100.69
8.25
8.2
+ Apex Hosiery Co., Pa
1,850
93.1
10.0
102.18
10.97
10.7
. Joseph Bancroft and Sons Co., Del
1,841
75.0
4.2
152.79
8.61
5.6
Sanford Mills, Me
1,832
63.5
5.1
128.17
10.36
8.1
Alabama Mills, Inc., Ala
1,831 2,
1
1
1
1
1
Williamson Dickie Manufacturing Co., Tex..
1,830
6.4
0.6
60.89
5.89
9.7
Manhattan Shirt Co., N. Y
1,808
68.6
4.2
111.69
6.80
6.1
Columbia Products Corp., N. Y
1,800
93.3
3.7
79.42
3.15
4.0
Hathaway Manufacturing Co., Mass
1,800
62.8
2.8
138.89
6.14
4.4
Woodside Cotton Mill Co., S. C
1,800
31.7
1.6
87.81
4.45
5.1
J. Schoeneman, Ino., Md.
1,781
74.6
3.2
115.87
5.01
4.3
Peerless Woolen Mills, Ga
1,740
100.0
15.0
113.57
17.04
15.0
May MoEwen Kaiser Co., N. C
1,731
56.3
3.9
136.06
9.43
6.9
Rosemary Mfg. Co., N. C
1,714
79.9
4.2
109.98
5.76
5.2
Allied Textile Printers, Inc., N. J
1,710 2)
1
1
1
1
1
Rosenau Bros., Pa
1,700
39.7
2.4
84.71
5.17
6.1
Wentworth Mfg. Co., Mass.3
1,700
2)
1
1
1
1
1
* Johnson Stephens and Shenkle Shoe Co., Mo.
1,695
86.7
6.4
99.10
7.37
7.4
Hickey Freeman Co., N. Y
1,690
97.9
2.9
143.63
4.18
2.9
# Euppenheimer and Co., Ill
1,675
91.9
4.7
178.51
9.09
5.1
Appalachian Mills, Tenn
1,650
72.7
7.5
72.73
7.50
10.3
Southern Bleachery and Print Works, S. C..
1,650
98.8
10.5
133.09
14.11
10.6
Arnold Print Works, Mass
1,644 2)
1
1
1
1
1
+ Hayward Schuster Woolen Mills, Mass
1,629
29.5
1.5
146.78
7.69
5.2
Muscogee Mfg. Co., Ga
1,620
86.4
6.9
86.67
6.95
8.0
Nashawana Mills, Mass.3
1,607
1
1
1
1
1
Pacolet Mfg. Co., S. C
1,600
32.1
2.8
99.42
8.70
8.8
Powdrell and Alexander, Inc., Conn
1,600
47.8
3.5
102.86
7.53
7.3
Drayton Mills, S. C
1,586
83.6
7.1
99.26
8.37
8.4
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
9 Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Textiles, Clothing and Shoes
87
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 6)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
Fashion Park, Ino., N. Y
1,570
89.2
3.4
$ 153.89
$ 5.81
3.8
Shirtcraft Co., Md
1,567
89.9
5.0
84.10
4.71
5.6
Brighton Mills, Inc., Ga
1,566
85.5
6.9
83.68
6.77
8.1
Ponemah Mills, Conn
1,560
31.9
2.2
101.32
7.15
7.0
Abbot Worsted Co., Mass
1,552
67.3
3.4
114.79
5.81
5.1
# Columbus Mfg. Co., Ga
1,549
90.0
10.0
80.91
8.99
11.1
4 Hanes Hosiery Mills, N. C
1,544
100.0
10.0
92.10
9.21
10.0
* Allied Kid Co., Del
1,540
97.2
7.3
164.60
12.31
7.5
Belding Hemingway Co., N. Y
1,538 2
1
1
1
1
1
Lanette Bleachery and Dye Works, Ala
1,532
91.4
7.0
103.46
7.91
7.6
Wm. Carter Co., Mass
1,527
93.9
4.2
113.90
5.09
4.5
# Hill Manufacturing Co., Me
1,509
88.4
4.3
96.72
4.75
4.9
+ Continental Mills, Pa
1,503
90.0
6.6
151.03
11.05
7.3
Erlanger Mills, Inc., N. C
1,500
45.0
2.8
90.00
5.56
6.1
4 Nunn Bush Shoe Co., Wis
1,500
73.7
4.8
137.17
8.87
6.5
Appleton Co., S. C
1,500
18.3
1.8
94.67
9.45
10.0
4 Hollander and Son, Inc., N. J.
1,500
90.0
2.3
173.33
4.37
2.5
Arms Textile Mfg. Co., N. H
1,500
93.9
8.1
102.62
8.82
8.6
* Mid States Shoe Co., Wis
1,499
41.8
1.3
123.23
3.82
3.1
* Geo. E. Keith Co., Mass
1,469
87.2
4.4
128.63
6.46
5.0
+ Anchor Duok Mill, Ga
1,460
69.5
4.2
100.68
6.04
6.0
# York Manufacturing Co., Me
1,440
96.0
5.6
90.52
5.28
5.8
Gotham Hosiery Co., Pa
1,433
96.1
5.3
162.62
9.01
5.5
Watts Mills, S. C
1,427
63.4
5.1
96.61
7.83
8.1
Esmond Mills, Inc., R. I
1,401
28.6
1.3
117.31
5.33
4.5
4am
4 Clifton Manufacturing Co., S. C
1,400
67.9
3.4
57.14
2.87
5.0
American Yarn and Processing Co., N. C
1,387
44.0
4.2
88.54
8.55
9.7
Imerican Finishing Co., Tenn
1,378
100.0
3.9
108.99
4.28
3.9
+ Edwards Manufacturing Co., Me
1,376
100.0
4.2
110.28
4.64
4.2
Florence Mills, S. C
1,365
64.9
5.7
88.05
7.73
8.8
(Continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
. Denotes Issuing Agent
Not available.
2/ Not included in total.
Textiles - Clothing and Shoes
88
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 7)
Percentage of
Number
Percentage of
Percentage
Average
Average
payroll of
Name of Company and State
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
# Beaunit Mills, Inc., N. Y
1,355
87.6
4.0
$105.34
$ 4.85
4.6
# Tabin-Picker and Co., Ill,
1,354
46.8
5.9
88.25
11.07
12.6
Albert H. Weinbrenner Co., Wisc
1,350
95.6
7.7
87.42
7.09
8.1
Newmarket Manufacturing Co., Mass
1,350
34.1
1.9
133.37
7.32
5.5
* Nolde and Horst Co., Pa
1,343
60.2
1.8
82.14
2.52
3.1
Ninety Six Cotton Mill, S. C
1,343
77.6
5.0
92.33
5.90
6.4
+ Trimount Clothing Co., Mass
1,338
89.8
7.2
115.64
9.28
8.0
Wamsutta Mills, Mass.
1,336
1
1
Michaels, Stern and Co. Inc., N. Y
1,310
92.6
2.7
133.86
3.91
2.9
I.Miller and Sone Co., N. Y
1,300
100.0
13.0
138.54
18.01
13.0
# Texas Textile Mills, Texas
1,300
99.8
7.8
113.85
8.91
7.8
Cliffside Mills, N. C
1,296
92.9
6.0
98.82
6.42
6.5
Williams Manufacturing Co., Ark
1,292
92.3
3.9
136.73
5.72
4.2
Spartan Mills, S. C
1,290
47.4
2.4
97.67
4.91
5.0
Kilburn Mill, Mass.3
1,288 2
Republic Cotton Mills, S. C,
1,275
32.3
2.2
89.86
6.00
6.7
Progressive Coat and Apron Manufacturing
Co., Pa
1,275
94.1
4.2
86.04
3.81
4.4
# Beaumont Manufacturing Co., S. C
1,269
90.0
11.0
113.48
13.87
12.2
Guerin Mills, Inc., R. I.,
1,266
93.4
7.6
144.14
11.70
8.1
Martell Mills, Corp., S. C
1,256
31.1
1.7
80.85
4.35
5.4
Richmond Hosiery Mills, Ga.
1,250 2,
Jobbers Pants Co., Va
1,241
90.0
11.0
61.64
7.54
12.2
Barbizon Corp., N. J
1,239
73.8
4.1
86.79
4.87
5.6
# Sloane-Blabon Corp., N. J
1,230
62.8
6.3
137.07
13.85
10,1
# Rosedale Knitting Co., Pa
1,230
96.3
6.6
129.27
8.83
6.8
+ Magee Carpet Co., Penn
1,208
90.0
13.0
172.12
24.87
14.4
6 Coopers, Inc., Wisc
1,200
100.0
5.9
91.67
5.42
5.9
Belton Mills, S. C
1,200
35.4
1.9
91.67
4.94
5.4
John P. King Manufacturing Co., Ga
1,200
43.8
2.3
102.65
5.30
5.2
H. C. Godman Co., Ohio
1,200
26.6
2.0
75.00
5.58
7.4
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
Denotes Issuing Agent
Not available.
Not included in total.
No plan.
Textiles - Clothing and Shoes
89
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued -8)
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
American Hide and Leather Co., Mass
1,178
71.2
3.7
$158.32
$ 8.26
5.2
# Andrescoggin Mills, No
1,173
95.6
4.0
97.46
4.11
4.2
Perry Knitting Co., N. Y
1,171
94.2
8.2
91.59
7.97
8.7
e N. Carolina Finishing Co., N. C
1,169
56.8
3.7
95.54
6.27
6.6
Mount Hope Finishing Co., Mass
1,159
74.1
3.3
172.96
7.76
4.5
# Globe Knitting Works, Mich
1,159
90.6
5.6
88.92
5.54
6.2
Piedmont Nanufacturing Co., S. C.
1,155
2
. Donnelly Garment Co., Mo
1,150
49.9
6.8
86.45
11.85
13.7
Graton and Knight Co., Mass
1,141
93.8
10.0
144.60
15.42
10.7
Henrietta Mills, N. C.
1,140
40.1
1.1
109.36
2.95
2.7
* Visking Corp., Ill
1,139
86.0
5.5
166.81
10.61
6.4
Royal Manufacturing Co., Pa
1,137
86.6
4.0
88.74
4.14
4.7
Bath Mills, Inc., 8. C.
1,125
55.3
2.8
88.50
4.51
5.1
Fried-Ostermann Co., Wisc
1,121
85.6
5.1
138.44
8.19
5.9
+ May Hosiery Mill, Tenn
1,120
39.2
2.4
78.70
4.74
6.0
* Wayne Knitting Mills, Ind
1,115
75.1
3.5
143.55
6.73
4.7
Mock, Judson, Voehringer, N. Y
1,113
73.1
4.9
113.65
7.56
6.7
W. L. Douglas Shoe Co., Mass
1,108
94.0
4.4
140.35
6.51
4.6
Gastonia Combed Yarn Corp., N. C
1,104
33.5
2.0
108.74
6.55
6.0
* Startex Mille, S. C
1,100
90.0
10.0
100.58
11.18
11.1
e Maverick Mills, Mass
1,100
23.4
1.4
115.46
6.85
5.9
Pinehurst Cloth Mills, Inc., N. C
1,100
99.5
5.0
90.99
4.57
5.0
# Decker and Cohn, Ill
1,095
81.4
4.4
166.97
9.06
5.4
Stonecutter Mills Co., N. C
1,082
93.3
7.6
97.87
8.00
8.2
Holeproof Hosiery Co., Wisc
1,080
59.4
3.2
149.44
8.14
5.4
Timely Clothes, Inc.,N. Y
1,077
97.0
3.2
89.90
2.99
3.4
Gardiner and Warring Co., Ino., Ala
1,075
88.4
5.7
109.70
7.05
6.4
United States Finishing Co., Conn.
1,071
58.2
3.9
131.02
8.81
6.7
+ Commonwealth Shoe and Leather Co., Mass
1,069
74.5
3.1
149.72
6.32
4.2
Freeman Shoe Corp., Wisc
1,069
78.4
5.1
110.39
7.24
6.6
(continued)
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942
+ Denotes Issuing Agent
Not available.
Not included in total.
Textiles, Clothing and Shoes
90
Summary of Operation of Payroll Savings Plane in Companies Reporting to the Treasury
Latest Data Reported September, 1942
(Continued - 9)
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
payroll of
of
employees
of aggregate
monthly
deduction
participating
employees
participating
payroll
deducted
salary
per employee
employees
participating
deducted
# Dunson Mills, Ga
1,065
37.6
3.5
$ 105.45
# Sanquoit Silk Co., Inc., Pa
$ 9.75
9.2
1,064
90.0
11.0
62.53
Nonquitt Mills, Mass
7.65
12.2
1,060
54.2
3.2
103.77
6.09
Consolidated Textiles Co., Inc., N. Y
5.9
1,058
59.4
4.3
103.69
7.52
Gaffney Manufacturing Co., S. C.
7-3
1,057
66.2
3.0
104.07
4.75
4.6
e Virginia Mills, Inc., N. C
1,046
38.2
6.2
88.28
14.28
16.2
Columbus Coated Fabric Corp., Ohio.
1,035
26.6
1,2
154.59
6.87
4.4
Chicago Rawhide Manufacturing Co., Ill
1,034
93.9
7.9
134.99
11.30
8.4
Goodall Worsted Co., Me
1,034
51.7
3.5
115.39
7.88
6.8
Mao Smith Garment Co., Inc., Miss
1,033
65.3
2.5
59.05
2.25
3.8
Wm. E. Hooper Sons Co., Md
1,031
30.1
1.9
140.30
9.02
6.4
Merrimac Hat Corp., Mass
1,031
75.4
3.2
150.60
6.31
4.2
Boreal Manufacturing Co., Wis
1,028
99.2
5.4
90.57
4.95
5.5
Lourens Cotton Mills, S. C
1,027
74.5
4.5
105.50
6.36
6.0
Patterson Mills Co., N. C
1,025
48.6
2.8
105.39
5.98
5.7
Big Jack Manufacturing Co., Va
1,000
70.0
3.9
60.00
3.36
5.6
Duplan Silk Corp., Pa.
1,000 2)
1
1
1
1
1
Joanna Textile Mills, S. C
1,000
75.0
7.1
128.00
12.13
9.4
A. Nash Co., Ohio
1,000 2,
1
1
1
1
1
Stonewall Cotton Mills, Inc., Miss
1,000
65.5
1.1
72.00
1.16
1.6
Western Shade and Cloth Co., Ill
1,000
87.6
5.2
150.00
8.99
6.0
M. Wile and Co., N. Y
1,000
94.0
9.3
121.15
11.96
9.9
Total
690,532
73.0
4.7
$ 117.10
$ 7.56
6.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
e Denotes Issuing Agent
Not available.
Not included in total.
Tobacco Products
91
Summary of Operation of Payroll Savings Plans in Companies Reporting to the Treasury
Latest Data Reported September, 1942
Percentage of
Number
Percentage of
Percentage
Name of Company and State
Average
Average
of
monthly
deduction
payroll of
employees
of aggregate
participating
employees
participating
payroll
salary
per employee
employees
deducted
participating
deducted
R. J. Reynolds Tobacco Co., N. C
11,766
96.4
5.6
$126.97
$ 7.36
5.8
*American Tobacco Co., N, Y.
11,490 whil
1
1
1
P. Lorillard Co., N. Y
9,475
I
I
I
*Brown and Williamson Tobacco Co., Ky
6,812
81.1
5.2
101.58
6.55
6.5
Liggett and Myers Tobacco Co., N. Y
6,197
96.7
5.5
117.95
6.70
5.7
*General Cigar Co., Inc., N. Y
6,100
80.3
4.2
106.56
5.61
5.3
*Bayuk Cigars, Inc., Pa
5,100
45.1
2.4
88.63
4.65
5.2
*Philip Morris and Co., N. Y
3,130
90.0
10.0
140.96
15.66
11.1
Jno. H. Swisher and Son, Inc., Fla
2,900
4.8
.5
81.36
8.28
10.1
Deisel-Wemmer-Gilbert, Ohio
2,466
53.6
3.6
62.64
4.19
6.7
*Consolidated Cigar Corp., N. Y
1,891
47.4
3.1
99.15
6.40
6.5
United States Tobacco Co., N. Y
1,539
39.0
1.8
160.26
7.33
4.6
Perfecto Garcia and Bros., Fla
1,017
88.5
2.1
92.20
2.22
2.4
Webster Eisenlohr, Inc., N. Y
1,000
57.3
4.9
80.84
6.97
8.6
Total
49,918
74.7
4.9
$109.34
$ 7.10
6.5
Office of the Secretary of the Treasury, Division of Research and Statistics.
September 23, 1942.
# Denotes Issuing Agent
Not available
2/Not included in total