NBN. SPECIAL service New York, Sept. 29.
A record of the gross sales of Sears Roebuck, the great mail-order house, showed to-day that for the past year they came to G$425- 000,000.
Sales of Montgomery Ward amounted to $310,000,000.
A forecast of sales for the present year, not including the volume of additional stores to be acquired by both companies before the end of the year and figured on the 1928 rate, shows that the Sears nett profit should be $33,000,000, or approx. imately $7 a share on outstanding' stock.
Montgomery Ward this should be $23,000,000, an. equal. amount after deducting $7 Class A dividends to the amount of $4.80 a share on outstanding stock.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.