Share in Profits

The Newark Evening News, July 17, 1969

1969-07-17 Jewelers Employees Share In Profits

More than 50 Wiss Jewelers employees shared in the distribution of the fiscal year 1969 profit sharing return of the Fine Jewelers Guild, division of Zale Corp., the parent organization.

Total increase in profit sharing assets amounted to $9,605,684. The increase in participant equity amounted to $8,337,836. The return on fund equity was 27.46 per cent.

Wiss Jewelers, with five New Jersey stores in the chain, plans two additional store openings early this fall.