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Net Soars at Public Storage

Public Storage Inc. today reported earnings soared 24.8 percent to $107.3 million on revenues of $200 million for the three months ended Dec. 31. The quarter’s performance compared with earnings of $86 million and revenues of $191.2 million for the same period in 2003. For the full year, Glendale-based Public Storage said its earnings increased to $366.2 million from $336.7 million last year, and revenues rose to $788 million from $750.1 million.

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