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EARNINGS

July 25, 1987

Kellogg's earnings rose 29.8% to $89.8 million in the second quarter. Earnings were boosted in part by a lowered federal tax rate, and the percentage rise was helped by a $9.9-million charge to earnings in the year-ago quarter from the repurchase of debt, the Battle Creek, Mich., company said. Sales were up 6.4% for the quarter.

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