Incentive for Saving

To some 73,000 of its employees in plants and laboratories across the nation last week, giant E. I. du Pont de Nemours & Co. made a pleasant offer: it will give 25-c- to every employee saving a dollar. Under the plan, similar to those of General Electric, Standard Oil (Indiana), Gulf Oil and Pure Oil, employees with two years of service can authorize payroll deductions of $12.50 to $37.50 monthly to be put into U.S. Savings Bonds, Series E, paying 3% interest. For every dollar the employee thus saves, Du Pont will contribute 25-c- to buy him company stock, with the dividends going to purchase still more stock. After four years, the employee will start getting the Government bonds and Du Pont stock. Maximum possible cost to Du Pont yearly: about $8,000,000.

This file is automatically generated by a robot program, so reader's discretion is required.