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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 01, 1967
Page
8
The 1966 stock market rose to peaks then fell sharply erasing much of the gains. Trading topped a billion shares as the Dow ranged from near 1,000 to a low around 744 while the AP average hit a record 369.7 and then declined.
Wilson & Co plans a 50 percent stock dividend and a quarterly cash dividend in response to Ling-Temco-Voughts offer to buy 750000 shares. Directors told shareholders on Jan 6 that the stock dividend will raise outstanding shares and that the cash dividend equals 42 1/2 cents per share on the increased total. If approved, the cash dividend will be paid Feb 1 to stock of record Jan 20.
High Point area businessmen may join the 8th annual Wake Forest Management Seminar starting February 22 in Winston-Salem. Two groups meet Wednesdays and Thursdays for ten weeks with experts covering topics from The Frontiers of Management to Developing Organization Teamwork. Tuition is 350 dollars with first come first served enrollment and applications via the Wake Forest Management Institute.
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