THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Wednesday, November 23, 1994           TAG: 9411230503
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: From staff reports 
                                             LENGTH: Short :   30 lines

EARNINGS

GIANT FOOD REPORTS EARNINGS: Giant Food Inc., a Washington-based grocery chain, said its earnings rose 4.7 percent to $18.6 million in the third quarter, up from $17.7 million in the year-earlier period. Sales rose 4.5 percent to $834.8 million in the three-month period ended Nov. 6. That's up from $799.1 million in the same period a year ago.

BELL ATLANTIC DECLARES DIVIDEND: The board of directors of Bell Atlantic Corp. declared a fourth-quarter dividend of 69 cents per share on the company's outstanding common shares. The dividend will be payable Feb. 1 to shareholders of record of outstanding shares on Jan. 10.

ETHYL CORP. DECLARES DIVIDEND: Ethyl Corp. has declared a quarterly dividend of 12.5 cents a share on the common stock of the corporation. Ethyl's board also declared a regular quarterly dividend of $1.50 a share on Ethyl's cumulative preferred, 6 percent Series A stock. Both the Ethyl common and preferred dividends are payable Jan. 1 to Ethyl shareholders of record Dec. 15. by CNB