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MOREHOUSE INDUSTRIES INC. REPORTS EARNINGS

 MOREHOUSE INDUSTRIES INC. REPORTS EARNINGS
 FULLERTON, Calif., Dec. 23 /PRNewswire/ -- For the three months


ended Nov. 30, 1991, Morehouse Industries Inc. (NASDAQ: MIXS) reports earnings of $76,000 on sales of $1,144,000 or $0.02 per share, vs. earnings of $29,000 on sales of $954,000 or $0.01 per share for the period ended Nov. 30, 1990.
 The increases in sales and earnings were primarily due to the acquisition of GST Industries Inc. on Nov. 1, 1991.
 Subsidiary, Morehouse-COWLES Inc. manufactures mixing, dispersing, and milling machinery for various process industries, including manufacturers of paint, ink, adhesives, paper coatings, and magnetic media.
 Subsidiary, GST Industries Inc., manufactures proprietary water cannons and related fire-fighting equipment for the petro-chemical industry, and mining and municipal markets. GST also supplies proprietary systems to the aerospace industry.
 MOREHOUSE INDUSTRIES INC.
 Earnings Results for Three Months Ended Nov. 30.
 Quarter Quarter
 Ended Nov. 30, 1991 Ended Nov. 30, 1990
 Net sales $1,144,000 $954,000
 Net earnings $76,000 $29,000
 Net earnings per share $0.02 $0.01
 -0- 12/23/91
 /CONTACT: Jim Swartwout of Morehouse Industries Inc., 714-738-5000/
 (MIXS) CO: Morehouse Industries Inc. ST: California IN: SU: ERN


DM-EH -- LA019 -- 5058 12/23/91 19:55 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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