BUSINESS MEMO: A.G. EDWARDS EARNINGS

A.G. Edwards Inc., has reported record revenues and earnings during its first fiscal quarter.

Net earnings for the quarter ended May 31 were $107 million on revenues of $810 million, or $1.24 per diluted share.

The totals were up from $85 million earnings during the same quarter a year ago on earnings of $651 million, or 88 centers diluted earnings per share.

"The first two months of our fiscal year were two of the best performing months in the firm's 113-year history," said Benjamin F. Edwards III, chairman and chief executive officer.

A.G. Edwards Inc., headquartered in St. Louis, is a financial services holding company whose subsidiary is the national brokerage firm of A.G. Edwards & Sons Inc., which operates 646 offices in 49 states, including a branch office at 97 N. Kingshighway in Cape Girardeau.