Industrial Rubber´s income, sales rise

HIBBING, Minn. (Aug. 16)—Industrial Rubber Products Inc.´s recorded sales and earnings boosts in both the quarter and six months ended June 30. The company had net income of $89,310, up from $50,156 in the like 1999 quarter, on sales of $4.8 million, which were slightly higher than the $4.3 million reported last year. For the first six months, Industrial Rubber had net income of $259,825, up from a loss of $176,210, on net sales of $9.9 million, up from $6 million last year.