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BLISS & LAUGHLIN INDUSTRIES' RETIREMENT PLAN BUYS 300,000 SHARES

    BLISS & LAUGHLIN INDUSTRIES' RETIREMENT PLAN BUYS 300,000 SHARES
    HARVEY, Ill., Dec. 23 /PRNewswire/ -- Bliss & Laughlin Industries Inc. (NASDAQ: BLIS) today announced that the Bliss & Laughlin Steel Company Pension Plans Stock Investment Trust made a block purchase from Kemper Securities Group, Inc. of 300,000 shares of outstanding common stock of Bliss & Laughlin Industries Inc. for $600,000 on Dec. 20, 1991.
    Headquartered in Harvey, Ill., Bliss & Laughlin Industries Inc. is a manufacturer of cold finished steel bars, producing the widest range of grades, sizes and shapes in the industry.  Its common shares are traded on the NASDAQ National Market System.  At Sept. 30, 1991, the company had 3,970,000 average common shares outstanding.
    -0-                      12/23/91
    /CONTACT:  Michael P. Houlihan, assistant treasurer of Bliss & Laughlin Industries, 312-264-1800/
    (BLIS) CO:  Bliss & Laughlin Industries Inc. ST:  Illinois IN: SU:  TNM FC-KD -- NY018 -- 4772 12/23/91 10:36 EST
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Publication:PR Newswire
Date:Dec 23, 1991
Words:150
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