---

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, February 20, 1992                   TAG: 9202200419
SECTION: BUSINESS                    PAGE: B-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

---

BRIEFLY . . .

Cooper Industries Inc., Houston parent of Gardner-Denver Mining & Construction of Roanoke, on Wednesday increased its common stock quarterly dividend to 31 cents from 29 cents a quarter, payable April 1 to shareholders on March 2.

The Kroger Co., a Cincinnati-based supermarket chain operating a regional office, warehouse and stores in the Roanoke Valley, said Wednesday its directors authorized the company to redeem as much as $100 million of its high-yield debt as part of its financial deleveraging strategy. Kroger issued $625 million of the 12 7/8 percent senior subordinated debentures and $625 million of the 13[ percent subordinated debentures in January 1989.

---