OCR Text |
Show Shares Sold To Employees To enable its employees to be come partners in its profits, an Eastern corporation is selling them shares in the company at a price below the price of the stock in the open market. More than 19,000 employees are now buying shares under the plan. Certificates for about 85,000 shares were mailed out recently to employees who had completed payment under a pay-rfoll pay-rfoll deduction plan. A new block of shares is to be offered employees every six months. The gelling price is $4 below the average market price for the first 20 days of the month before the stock is offered. , |