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VENTURE STORES, INC. DECLARES QUARTERLY DIVIDENDS

 O'FALLON, Mo., Aug. 20 /PRNewswire/ -- Venture Stores, Inc. (NYSE: VEN) announced today that its board of directors has declared quarterly dividends on both its Common and Preferred shares.
 The quarterly Common Stock dividend is fourteen and one half cents ($0.145) per share. The scheduled quarterly dividend on the Cumulative Convertible Preferred Stock is $8.125 per Preferred share ($0.8125 per Depositary Share). Both of these dividends are payable Sept. 15, 1993 to shareowners of record as of the close of business on Sept. 1, 1993.
 Venture operates 103 quality discount retail stores in Illinois, Missouri, Kansas, Indiana, Oklahoma, Arkansas, Iowa, Kentucky and Texas. Venture's Common Shares and Preferred Depositary Shares are traded on the New York Stock Exchange under the symbols VEN and VEN-Pr, respectively.
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 /CONTACT: Jack Burtelow of Venture Stores, Inc., 314-281-7800/
 (VEN)


CO: Venture Stores, Inc. ST: Missouri IN: REA SU: DIV

SH -- NY033 -- 8703 08/20/93 13:32 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
Words:156
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