• U.S.

Business: Merry Christmas!

1 minute read
TIME

President Arthur R. Clapham of Johnson & Johnson (“Red Cross” medical supplies) last week announced a $250,000 Christmas bonus (5% of 1938 salaries) for 2,700 of the company’s employes. Other bonuses declared last week: $100,000 (one week’s wages) for International Silver Co.’s 4,350 employes; $40,000 for Eastern Air Lines’ 800 employes earning under $300 a month.

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