Evening star., 1936-03-02
A!:T.& T:D|SCL0SES'
$132,%,782 NET.

Years Earnings Equal SILL
a Share, Against $3.50
During 1884.
BY the Associated Press.
NEW YORK, March 2.-American
Telephone & Telegraph Co., in its an
nual report disclosed a gain in its
earnings for 1885.
Net income Of the system applicable
to stock Of the company was $780,
794, 1852, or $7.11 q share, compared
with $11l,167,554, or $5.96 a share, in
1884.
Declaring that "the forces of de-
preston are on the wane," Walter s.
Clifford. president, said: There is
every reason to expect that a widen.
ing demand for telephone service will
be experienced in the future"
'The fact that there have been sub
stantial net gains in the number of
telephones in service during the past
two years is impressive evidence on
this score"
Loose-Wiles Biscuit.
Loose. Wiles Biscuit Co., Kansas
City, reported today for 1885 net in
come Of s1,461, 1928, equal, after pre-
ferred dividend to $235 a share on
the common stock. This compares
with $l,324,388, or $2.06 q share in
1884.
Eagle-Picher Lead.
Eagle-Picher Lead Co., Cincinnati,
reports for 1885 net profit OF $3.50, $50,
equal to 81 cents share on the cap
ital stock, compared with net loss of
$153, 1872 In 1884.
American Stores Co.
American Stores Co., operators of
a food store chain in the mic. d.Atlantic
area with headquarters in Philadel-
phia. reports for 1885 net income of
s2,716,242, equal to $2.09 a share on
the common stock, compared with
$3,362, TAO. or $258 in 1884.
Worthington Pump.
Worthington Pump g. Machinery
Co., Harrison, N. j., reports for 1885
net loss of $95,387, compared with a
net loss Of $l,083,l97 in 1884.
Marlin Rockwell Corp.
Marlin Rockwell Corp, manufac-
turers of steel bearings and other
automobile equipment, Of jamestown,
N. Y. reports for 1885 net profit of
sl,ll2,186, equal to 1928 a share on
the common compared with $538,258,
or $1.58 in 1884.
]. J. Newberry & Co.
J. J. Newberry e. Co., operators of
chain store system, operating
throughout the country, reports for
1885 net income Of $2,217.4SS, equal
to S494 share on the common stock,
compared with $2.384.1o2, or $3.50 in
1884.
Certainteed Products.
Certainteed Products Corp. manu-
facturers of asphalt roofing shingles,
of New York, reports for 1885 net in
come Of $259,978, equal to S4.l2 a
share on the per cent preferred,
compared with a net loss of 1851 1853
in 1884.
Standard Of Kansas.
Standard Oil Co. of Kansas reports
for 1885 net profit of $13l,748, equal
to 80 cents a share on the capital
stock compared with 1886, ,780, or
$3.50 in 1884.
Diamond Match.
Diamond Match Co. of New York
reports for 1885 net income of S2.276.-
304, equal to Sl.96 common share.
compared with $2,l29,s96, or SITS in
1884.
Pure Oil Co.
Pure Oil Co., Chicago, reports for
1885 net profit of S8,l50,027. equal
after preferred dividends. to 50 a
share on the common. compared with
net loss of SSS4,872 in 1884.
Schenley Distillers.
Schenley Distillers Corp. reports a
consolidated net profit of s8,035 .268
for 1885, equivalent to s7.65 share
of common stock. In 1884 the profit
amounted to S6,970,960 or $663 a
share.
Elgin National Watch,
CHICAGO, March 2 (P.-The Elgin
National Watch Co. reported net
profit of $l,O71,655 5.57 for 1885. COM
pared with s736,358.19 for 1885. =
statement by President T. Albert Pot
ter said the company earned s268
per share last year as against $1.84
the year before.
Link Belt Company.
Link Belt Co. and subsidiaries re-
ported 1885 net profit of $1,092, 800,
equal, after dividends on the 6la per
cent preferred stock. to $l.28 a share
on outstanding common stock. This
compared with net profit of $780,
373, or SO cents share. in 1884. Net
sales for 1885 totaled $14,093,272.
compared with slo,37S,o24 in 1884.
Western United G. e. e.
The Western United Ges g. Electric
Co. and subsidiaries reported net in
come in 1885 of S926,402, a decrease
of SO per cent from 1884 earnings.
After payment of S833,440 in pre-
ferred dividends and absorbing a loss
Of $l1,143 from employees savings
funds, earned surplus increased from
s63,611 to $145,430 at the end of the
year.
Holland Furnace Co.-Company
called for payment April l, at 1904,
entire issue Of its debenture IS, due
October 1875