Net Income Falls at General Bearing

Net Income Falls at General Bearing General Bearing Corp., a West Nyack-based supplier of bearings to the automobile, trucking and rail industries, reported net income of $1.79 million for the second quarter, down from $2.04 million a year earlier. Earnings per share totaled 46 cents, down from 51 cents a year earlier. Sales rose to $32.5 million from $29.7 million.