1957

(continued)

Cost Reduction:

A cost reduction program was inaugurated under W. Armstrong in November.

Expediting Department:

October - Production Department split off into planning and  expediting.

The latter under W. Bronkan,

Quarter Century Club:

Meeting in Paperchine Club October 5th, new inductees:

Al. Reinke - Charles Corning - J. E. Goodwillie - Louis Dalyit,

E. H. Neese, Sr., Chairman of Board.

Elected Officers: H. Schroeder - President

                          H. Rice - Secretary - Treasurer

Tours and Seminars:

July 19, University of Wisconsin, summer Seminar of economics

in Action. TT Designed to take college professors and instructors

of economics behind the scenes to see how a given industry functions.

Assembly greeted by: E.H.Neese, Sr., E.H.Neese, Jr.,

                                 H.C.Moore

Speaker s: W. E. Watson, R. C. Mieike, R. R, Olson and A. W. Laage.

Colleges Represented:

Culver-Stockton

Moline Community

Principia

Viola Madonna

John Hopkins

University of Arkansas

Westminster

Doane College

Arkansas State

St. Mary College

Parsons

Western Michigan

College of Wooster

Univ. of Rhode Island

Marshall Town, Jr.

University of Kansas

Depauw

Arkansas A. M, & N.

La. Polytechine

Wilberforce University

St. Norbert

Bowling Green Univ.

Arkansas A. & M.

University of Wisconsin