$1,O58,000.

of
1962
fiscal
in
loss
exchange
foreign
a
to
compared
1963,
fiscal
in
losses
exchange
foreign
no
had
it
said
Dresser 1963.
fiscal
in
sales
depress
helped
competition
foreign
increased
and
markets
goods
capital
In
softness
price drilling,
oil
in
activities
Ing
shrink-
said
company
The earlier.
year
a
cents
65
from
share
a
cents
77
to
rose
net
quarter
fourth
Indicated said.
spokesman
a
sales,
creased
de-
the
despite
1963
cal
fis-
for
earnings
in
gain
tial
substan-
a
show
to
company
the
enabled
cost-cutting
and
divisions
several
of
tion
reorganiza-
Management year.
1962
the
in
million
$245.6
from
down
,
$242
to
dipped
Revenues year.
fiscal
1962
the
in
shares
4,696,847
on
share
a
$2.02
or
$9,508,000
from
up
31,
Oct.
ended
months
12
the
for
shares
4,574,447
'on
share
a
$2.36
or
$10,800,000
to
increased
income
Net 31.
Oct.
ended
year
preliminary
the
for
revenues
lower
slightly
on
earnings
net
higher
reported
Friday
Inc.
Industries,
Dresser Staff
News
Finance
a
Business
Times Nevares
B.
Joe
By Dips
Revenue
on
Up
Net
Industries
Dresser EARNINGS EARNINGS
Dresser Industries Net Up on Revenue Dips

Copyright Times Mirror Company Nov 23, 1963