ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Tuesday, October 29, 1996              TAG: 9610290091
SECTION: BUSINESS                 PAGE: B-5  EDITION: METRO 


REPORTED EARNINGS

Barr Laboratories Inc.

1st qtr. ended 9-30 1997 1996

Revenues $64.2 million $54.2 million

Net Income $1.8 million $2.2 million

Share earnings 12 cents 15 cents

The Pomona, N.Y., maker and marketer of pharmaceuticals expects to start making cancer and hormone drugs and warehousing its goods in Bedford County by next summer.

Bedford Bancshares Inc.

4th qtr. ended 9-30 1996 1995

Net Interest Income $1.2 million $1.1 million

Net Income $125,000 $321,000

Share earnings 12 cents 28 cents

Year ended 9-30

Net Interest Income $4.8 million $4.3 million

Net Income $1.3 million $1.4 million

Share earnings $1.17 $1.20

Bedford Bancshares Inc. is the holding company of Bedford Savings Bank. Without a one-time government assessment of $555,000 to recapitalize the Savings Association Insurance Fund, income would have been $469,000 for the quarter and $1.6 million for the year.

Federal-Mogul Corp.

3rd qtr. ended 9-30 1996 1995

Revenues $491.6 million $480.2 milllion

Net Income ($17.3 million) $11 million

Share earnings (56 cents) 25 cents

9 months ended 9-30

Revenues $1.55 billion $1.51 billion

Net Income $9.1 million $39.4 million

Share earnings 7 cents 94 cents

Federal-Mogul Corp. of Southfield, Mich., makes parts for autos, trucks, and construction and farm vehicles. It operates an engine bearings plant in Blacksburg.

Penn Virginia Corp.

3rd qtr. ended 9-30 1996 1995

Revenues $7.5 million $5.7 million

Net Income $2.7 million $1.1 million

Share earnings 62 cents 26 cents

9 months ended 9-30

Revenues $24.2 million $20.9 million

Net Income $9.5 million $9.1 million

Share earnings $2.20 $2.13

Penn Virginia Corp. of Radnor, Pa., owns mineral and timber lands in Southwest Virginia.

*Figures in parentheses indicate a loss.


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