A.G. EDWARDS EARNINGS UP

ST. LOUIS A.G. Edwards, Inc., has announced consolidated earnings for the second quarter and the six months of its fiscal year. Revenues and net earnings for the quarter and six months were at record levels, and earnings per share for the second quarter matched the first quarter, which was a record, the firm said.

For the three months ended Aug. 31, net earnings were $23,767,000, equal to 67 cents per share on revenues of $219,112,000. For the same period the prior year, net earnings were $15,334,000, equal to 45 cents per share on revenues of $172,540,000.

For the six months, net earnings were $47,503,000, equal to $1.34 per share on revenues of $437,981,000. For the same period the prior year, net earnings were $29,707,000, equal to 86 cents per share on revenues of $338,913,000.

Edwards is a holding company whose primary subsidiary is the brokerage firm of A.G. Edwards & Sons Inc. With headquarters in St. Louis, A.G. Edwards & Sons operates 445 brokerage offices across the country.