Business & Finance: Annual Party

Five thousand employes of Procter & Gamble Co. went to Music Hall, in Cincinnati, there to attend the annual celebration attendant upon the distribution of profit-sharing dividend checks. The sum of $700,501, reputedly the largest ever given to employes by any company, was divided. The 5,000 Cincinnatians received half; Ivory Soap workers in Macon, Ga., Manhattan, Chicago & Kansas City, Mo., got the rest.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!