Consolidated Statement of Earnings
     
($000's)    
            2000 1999 1998
Sales  $     17,086  $     16,655  $  16,719
Cost of Goods Sold 8,269 8,075 8,114
Gross Profit 8,817 8,580 8,605
     
Expenses    
Selling, General & Administrative Expense 4,961 4,990 4,989
Marketing Research and Other Expenses 35 62 69
Operating Income Before Depreciation 3,821 3,528 3,547
Less: Depreciation 1,502 1,523 1,550
     
Earnings Before Interest and Taxes 2,319 2,005 1,997
Interest Expense 676 759 841
     
Earnings Before Income Taxes 1,643 1,246 1,156
Income Taxes 656 498 462
Net Earnings         $987 $748 $694
                 
Shares Outstanding 800 800 800
Dividends Distributed  $         230  $         194  $         -  
Earnings Per Share          $        1.23  $        0.94  $     0.87