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

DATE: WEDNESDAY, October 20, 1993                   TAG: 9310200051
SECTION: BUSINESS                    PAGE: B6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

DIVIDENDS DECLARED

Roanoke Electric Steel Corp. on Tuesday declared a quarterly cash dividend of 12 cents per share of common stock, payable Nov. 24 to shareholders on Nov. 8.

First Union Corp.

First Union Corp., Charlotte, N.C.-based parent of First Union National Bank of Virginia, on Tuesday declared a quarterly dividend of 40 cents per share on its common stock. It will be paid Dec. 15 to shareholders on Nov. 30.