-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FFnLHvXgPKZAKCyMgOQhZu0ga3u1+yWIb7yNv3Y8musrtX1YDtcJIII6ActMIIXv
 v9FXsZry4jSGOtshUqzzjA==

<SEC-DOCUMENT>0000914760-04-000250.txt : 20041112
<SEC-HEADER>0000914760-04-000250.hdr.sgml : 20041111
<ACCEPTANCE-DATETIME>20041112152018
ACCESSION NUMBER:		0000914760-04-000250
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20041109
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20041112
DATE AS OF CHANGE:		20041112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOOTSIE ROLL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000098677
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		IRS NUMBER:				221318955
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01361
		FILM NUMBER:		041138805

	BUSINESS ADDRESS:	
		STREET 1:		7401 S CICERO AVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60629
		BUSINESS PHONE:		3128383400

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SWEETS CO OF AMERICA INC
		DATE OF NAME CHANGE:	19660921
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>t30827_8knov12.txt
<DESCRIPTION>NOVEMBER 12, 2004
<TEXT>
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                            CURRENT REPORT PURSUANT
                         TO SECTION 13 OR 15(D) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                                NOVEMBER 9, 2004
                Date of report (Date of earliest event reported)

                          TOOTSIE ROLL INDUSTRIES, INC.
             (Exact Name of Registrant as Specified in Its charter)

                           --------------------------

         VIRGINIA                    001-01361                   22-1318955
(State or Other Jurisdiction  (Commission File Number)        (I.R.S. Employer
     of Incorporation)                                       Identification No.)

            7401 SOUTH CICERO AVENUE, CHICAGO, ILLINOIS       60629
              (Address of Principal Executive Offices)     (Zip Code)

                                  773-838-3400
              (Registrant's Telephone Number, Including Area Code)

                                 NOT APPLICABLE
         (Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

     [__]  Written communications pursuant to Rule 425 under the Securities Act
              (17 CFR 230.425)

     [__]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
             (17 CFR 240.14a-12)

     [__]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
              Exchange Act (17 CFR 240.14d-2(b))

     [__]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
              Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

ITEM 2.02.   RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On November 9, 2004, Tootsie Roll Industries, Inc. issued a press release
(the "release") announcing its results of operations and financial condition for
the third quarter ended October 2, 2004. A copy of the release is attached
hereto as Exhibit 99.1 and incorporated herein by reference.

     The information in the release and in this Item 2.02 is "furnished" and not
"filed" for purposes of Section 18 of the Securities and Exchange Act of 1934,
or otherwise subject to the liabilities of that section. Such information may
only be incorporated by reference in another filing under the Securities
Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent
such subsequent filing specifically references such information.

ITEM 9.01.   FINANCIAL STATEMENTS AND EXHIBITS.

     (c) THE FOLLOWING EXHIBIT IS FURNISHED WITH THIS REPORT:

Exhibit 99.1     Press Release of Tootsie Roll Industries, Inc., dated
                 November 9, 2004.

<PAGE>

                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the under-
signed thereunto duly authorized.


November 12, 2004           TOOTSIE ROLL INDUSTRIES, INC.

                            By:  /s/ G. HOWARD EMBER, JR.
                                 ------------------------
                                 G. Howard Ember, Jr.
                                 Vice President/Finance and
                                 Chief Financial Officer

<PAGE>

                                 EXHIBIT INDEX
                                 -------------

EXHIBIT NO.             DESCRIPTION
- -----------             -----------

99.1                    Press Release of Tootsie Roll Industries, Inc.,
                        dated November 9,2004.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>t30827_8knov12x99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                    EXHIBIT 99.1

TOOTSIE ROLL INDUSTRIES, INC.
7401 South Cicero Avenue
Chicago, IL  60629
Phone 773/838-3400
Fax   773/838-3534

PRESS RELEASE

STOCK TRADED:  NYSE           FOR IMMEDIATE RELEASE
TICKER SYMBOL: TR             Tuesday, Nov. 9, 2004


CHICAGO, ILLINOIS - November 9, 2004 - Melvin J. Gordon, Chairman, Tootsie Roll
Industries, Inc. reported third quarter and nine month 2004 sales and earnings.
Third quarter 2004 sales were $156,971,000 compared to $147,201,000 in the third
quarter 2003, an increase of 7%. Nine month 2004 sales were $314,174,000
compared to $300,496,000 in the prior year, an increase of 5%. Sales for the
third quarter and nine month 2004 periods benefited from $10,485,000 of sales
from the Concord Confections business which was acquired on August 30,2004.

As the Company's quarterly financial reporting is based on 13-week periods, the
nine month 2004 and 2003 periods ended on October 2, 2004 and September 27,
2003, respectively. If nine month 2004 had ended on September 27, 2004, the
Company estimates that nine month 2004 sales would have been approximately
$4,900,000 less than the above reported 2004 nine month sales amount. Although
the third quarter of 2004 and 2003 both comprised exactly 13 weeks, the
aforementioned did affect third quarter 2004 sales to the extent of higher
seasonal pre-Halloween sales at the end of the quarter.

Third quarter 2004 net earnings were $26,976,000 compared to third quarter 2003
net earnings of $26,945,000. Nine month 2004 net earnings were $50,297,000
compared to nine month 2003 net earnings of $50,171,000. Third quarter net
earnings per share were $.52 in 2004 compared to $.51 per share in third quarter
2003, an increase of $.01 per share or 2%. Nine month 2004 net earnings per
share were $.96 compared to $.94 per share in nine months 2003, an increase of
$.02 per share or 2%.

Mr. Gordon said, "Third quarter and nine month 2004 results were aided by the
Concord acquisition, and the Company's per share earnings benefited from common
stock purchases in the open market and the resulting fewer shares outstanding."

<PAGE>

                          TOOTSIE ROLL INDUSTRIES, INC.
                       CONSOLIDATED STATEMENTS OF EARNINGS
         FOR THE 13 WEEKS AND 39 WEEKS ENDED OCT 2, 2004 & SEPT 27, 2003


                                      THIRD QUARTER ENDED
                                      -------------------
                                  2004                2003
                                  ----                ----
NET SALES                     $156,971,000         $147,201,000
                               -----------          -----------
NET EARNINGS                  $ 26,976,000         $ 26,945,000
                               -----------          -----------
* EARNINGS PER SHARE             $ .52                $ .51
                                  ----                 ----
*AVERAGE SHARES OUTSTANDING     52,217,000           53,183,000
                                ----------           ----------

                                       NINE MONTHS ENDED
                                       -----------------
                                   2004                2003
                                   ----                ----
NET SALES                      $314,174,000         $300,496,000
                                -----------          -----------
NET EARNINGS                   $ 50,297,000         $ 50,171,000
                                -----------          -----------
* EARNINGS PER SHARE              $ 0.96              $ 0.94
                                   -----               -----
* AVERAGE SHARES OUTSTANDING     52,410,000           53,460,000
                                -----------          -----------


* BASED ON AVERAGE SHARES OUTSTANDING ADJUSTED FOR 3% STOCK
  DIVIDENDS DISTRIBUTED APRIL 14, 2004 AND APRIL 16, 2003.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
