New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-20
Relevant Facts

Relevant FaCtS
Ftna Explosives. The entire net
earnings of the company for 1910
amounting to Si,32l,392, were appro-
nriated to amortization purposes, ac-
cording TO the annual report MADE pun
lie Yesterday. A committee was re-
Gently organized TO protect the inter-
osts Of the stockholders and to raise
now working capital Of at least 81
100000
Actual profits for the last nlne
months Of 1916 were si,5l4,l94. ne
$1,000 sboot shows that the 100000
sb,ros Of common stock Of no par value
arc carried at Ss,745,sOO, compared WIN
sto 57s $50 in a statement issued as Oh
March 81. 1916 Current liabilities on
December 81 we're: Bills payable. 81
5l3.264: accounts payable, S3'5So'o'o
On the assets side bills receivable
amounted to sl35,lO9. accounts receiV-
able s1.99i OBJ. and the cash item was
only $l6O,O97
Chevrolet Motor. President W. =
Durant. at the annual stockholders
meeting. announced that from January
TO March 10 the company shipped H.
s75 cars. against lOO6S cars in the cor
responding period Of 1916. He predict
cd that 1917 the company would DO
over $50 1000 900. compared with $751;
100000 last year During 1916 there
was an increase in assets of S73,722,OsI,
of which s65, $4,000 was due to the in
crease in the value of securities OF
subsidiary concerns.
Otis Elevator company reports
for the year ended December 81 last
net earnings of sl,O36,589, an increase
of S3OO,920 over the preceding year
After deducting preferred dividends Of
s39O,0OO and providing $4,000 for the
1856 per cent on S6,371,5s7 common
stock, compared with 5.42 per cent
earned in 1915. At the annual meet
ing of stockholders yesterday Karl &.
RoeblinG was elected a director, 10 sue
coed the late F. ". Roebllng. The re-
port SAYS the volume of sales made in
1916 was largely in excess Of 1915, but
. he e
reflected in the balance sheet for the
year, as large proportion of the con
tracts taken last year will be completed
this year The company's business IN
bellgerent countries. according TO the
report. is more satisfactory than might
be expected under existing circum-
stances.
Underground Electric Railways Com
pany of London. Ltd.-For the year
1915 gross earnings were g6,03S,529
and the aggregate amount retained for
revenue liabilities" was s5,53i,561
leaving a balance of e5O6.967, an in
crease Of 1892 per cent compared with
1915. Income from investments last
year was s653,36C. a decrease of G27.-
$50. or 4.O2 per cent.
Butterick Company. report for
1916 shows profits of s4l0,3O5, COM
pared with s45S. 1879 in 1915. The sur
plus after dividends was SsO.743. COM
pared with slS,723 the year before.
Western Electric The annual report
fer the year ended December 81 last
discloses gross sales amounting 10
$lO6 9s6.677. compared with $63, 49,. 1859
the year before Total income was
S10S,216.3l3. against $65 .000. 430. Man
ufacturng and other expenses totalled
sl03 .537, 1874, compared with $50. 1873 ,653.
The company's balance available for
dividend was S3.29S.4s2, equal TO 21.98
per cent on S15.00O.000 preferred stock.
compared with 1884 per cent on the
same issue in 1915 Deducting from
the above amount full dividend require
mcnts on the preferred, the balance is
equal to Sl59S a share on the 10000
shares Of common.
Calumet and Arizona Mining.-An-
nual report for 1916 shows gross earn
ings. S2O.495,430. compared with Sill
6l7.415 in 1915 and SS.5lS.O99 in 1914.
The balance available for dividends
after taxes and other charges was Sill
l56.S35. equal to 1885 per cent on
S6.i2i.620 capital stock. compared with
Ss4 per cent earned on S6,l74.120 capt.
talization in 1915. Charles Briggs.
president. tells the stockholders that
copper production last year totalled
7i.s9S.7SS pounds; silver. l,S63.i49
ounces, and gold. 46,377 ounces. Pre-
cious metals per ton Of refined copper
from the company's ores amounted to
ST.. Net cost of refined copper after
deducting values Of precious metals
was 9.0i cents. and the company re-
oeived an average of 2i69S cents a
pound for all the copper delivered.
]. !. Case Threshing Machine Company.
Reports for 1916 net income Of
s2,65s .997. against S2.sS9.2s2 in 1915
and s2.024.87s in 1914. The surplus
after all charges. including preferred
dividends. was Si97.22l. equal to 500
per cent on ss,300,000 Of common stock.
compared with per cent earned on the
same stock in 1915.
American Salvage Company. Filled
Yesterday with the Secretary of State
Of New Jersey certificate showing
that il had increased its capitalization
from 81 100000 to 100000 W. p
Anderson is president and Clifford r.