OTHER NEWS - March 12, 1996

Berkshire Hathaway Profit Soars: The investment company run by billionaire Warren Buffett reported that its profit climbed 46% last year. Net earnings in 1995 were $725 million, or $611 share, up from $495 million, or $420 a share, during 1994, the company said. In 1994, Berkshire Hathaway Inc. recorded a $268.5-million pretax charge to recognize a decline in the value of Berkshire’s investment in USAir Group Inc. It had acquired USAir preferred stock for $358 million. Berkshire Hathaway owns large amounts of common stock in companies such as Coca-Cola Co., Geico Corp., Gillette Co., Wells Fargo & Co. and Washington Post Co. Berkshire Hathaway stock, the most expensive in the U.S., rose $50 a share to $37,050. on the New York Stock Exchange.