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

DATE: TUESDAY, April 27, 1993                   TAG: 9304270083
SECTION: BUSINESS                    PAGE: B-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

Premier Bankshares Corp. of Tazewell reported first-quarter earnings of $2,287,000 or 52 cents a share, up 26 percent from $1.8 million, or 41 cents a share, in the 1992 period. The company reported assets of $498.1 million at the end of the quarter.

Shareholders have elected Thomas G. Anders to the board. N. Stanley King and Jack P. Chambers continue as chairman and president, respectively.

Du Pont

The DuPont Co., which operates a nylon plant at Martinsville, on Monday reported first-quarter earnings of $493 million, or 73 cents per share, compared to a whopping loss of $4.4 billion for the 1992 period due to one-time accounting changes related to retiree heath benefits. Sales were $9.1 billion, down 1 percent from $9.2 billion in the 1992 quarter.

The 1993 results included a one-time gain of $32 million, or 5 cents per share, from an exchange of North Sea petroleum properties.

Coca-Cola Bottling Co.

Coca-Cola Bottling Co. Consolidated, Charlotte, N.C. parent of Coca-Cola Bottling Co. of Roanoke, on Monday reported first-quarter net income of $1.35 million, or 15 cents per share, up $3.6 million, or 40 cents per share, from the 1992 quarter and the strongest first-quarter results in seven years. Net sales were up 4.2 percent. Operating cash flow as a percent of sales grew to 13.9 percent from 12.3 percent.