Second Junior Award Presented by C&EN A STAFF REPORT JJJAPLEWOOD
LABORATORIES,
a
Junioi
Achievement company operated' b y teenagers at Bridgeport, Conn., was presented with the second annual Chemistry Products Award at a meeting sponsored by the Western Connecticut Section of the \.CS on Sept. 12. T h e engraved plaque for the compum and individual certificates of merit foj the boys and girls who operated the company were presented b y Walter J. Murphy, editor of C&EN. I n presenting the awards Dr. Murphy took occasion to point out how valuable this type of business training is to youth of the country. Recalling his own high school and college days he said that at thai time there was n o organized effort to encourage young people t o take part in such activities as Junior Achievement where boys and girls could get an underetanding of how business and industry operates. I n concluding, Dr. Murphy reminded his audience of the responsibility of chemists and chemical engineers t o take an interest in affairs outside of their
Earl O. Shreve. president of Junior Achievement» inc.; Wilbur Miller, American Cy. anamid Co,, who acted as toastmaster; and Fred' erick R. Balcar. Air Reduction Co,, chairman-elect ojj the Western Connecticut Section laboratories and plants. Through participation in such organizations as Junior Achievement and many other community groups they will not only enhance the public recognition of the chemical profession, but will receive many intellectual and practical benefits themselves. The principal speaker of the evening was Earl O. Shreve, past president of the U. S. Chamber of Commerce. H e explained that the Junior Achievement organization is supported b y voluntary contributions from several thousand business organizations throughout the U. S There are about 1,007 junior companies organized in 81 communities. Junior
Achievement has Keen conducting a nation-wide program designed to provide boys and girls 15 to 21 years old with business experience under the guidance of volunteer advisers from industry. Pointing out the importance of the preservation of the American system of enterprise, Mr. Shreve expressed the belief that the best defense of the system is an understanding of it. Through Junior Achievement, he said, it is possible to give youth an opportunity to acquaint themselves with the basic practices, the morals, ethics, and principles governing conduct of privately owned and operated business organizations. Tlie prize-winning company was organized to manufacture and sell thret cleaning products for chromium, aluminum, and dish washing under the brand "Sparkle." The boy and girl officer* of the company raised capital b y selling 468 shares of the stock at 50 cents a share. After seven months' production and sales activities and legitimately charging up their costs, including labor. they were able to declare a dividend of 5 cents a share or 109c to stockholders The dinner meeting to honor the award winners was sponsored b y the Western Connecticut Section of the ACS undeT the chairmanship of J P. Thurston
Above, Advisers to the Maplewootl Labora. tories were: J, E. Keating, H. Van Drooge, Albert Geiger, and A, A, Wilcoxon, all of McKesson and Rob' bins. Inc., sponsors of the winning group. Right. Walter J, Murphy, editor of C&E1S, presents the plaque to Irene Steindl, president of Mapletcood Laboratories. Other members pictured ares Harold Isserlis, Ruth Reynolds, Edward Speicher, Eleanor Savich, and Sheldon Koton V O L U M E
2 7,
NO.
3 9 .
SEPTEMBER
2 6,
1949
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