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QUICK & REILLY EXPECTS HIGHER THIRD QUARTER EARNINGS

 NEW YORK, Dec. 2 /PRNewswire/ -- In an investment community meeting today, Quick & Reilly Group, Inc. (NYSE: BQR) announced that it expects third quarter earnings to be in the range of $0.93 to $0.97 per share, an increase of over 60% from the $0.57 reported in the prior-year period.
 The Company's chairman and chief executive officer, Leslie C. Quick, Jr., told investors that the higher earnings growth reflects continued strong investor interest in the equity and bond markets, and the Company's ability to capitalize on this interest through branch office expansion, more aggressive marketing programs, and a continued focus on cost control.
 The Quick & Reilly Group, Inc. is the holding company for Quick & Reilly, Inc. (founded in 1974), the first member firm of the New York Stock Exchange to offer discounted commissions to individual investors. Quick & Reilly, Inc. is headquartered in New York City.
 The Quick & Reilly Group, Inc. is also the holding company for U.S. Clearing Corp. (founded in 1978), which provides clearance for brokerage and banking firms; and JJC Specialist Corp. (founded in 1982) has market-making responsibilities for more than 120 NYSE listed companies.
 -0- 12/2/93
 /CONTACT: Leslie C. Quick III, Chief Operating Officer of The Quick & Reilly Group, 212-747-4844; or Marissa Moretti or Jennifer Wolfertz of Dewe Rogerson, 212-688-6840/
 (BQR)


CO: Quick & Reilly Group, Inc. ST: New York IN: FIN SU: ERP

SH-JG -- NY065 -- 9793 12/02/93 12:02 EST
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Publication:PR Newswire
Date:Dec 2, 1993
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