Evening star., 1936-03-17
NICKEL EARNINGS
UNNECESSARILY
international Co. Nets $1.65
a Share, Against $1.13
in Previous Year.
Rx the Associated Press.


NEW YORK, March 1.-THE re-
port of International Nickel Co. of
Canada, Ltd, for 1895 shows net profit
of $26 ,086, sgt after all charge EQUIV
alent after preferred stock dividends to
$1.65 q share on the common stock.
In 1884 the company had q net
profit of s18,4S7,47s, or $l.13 a COM
mon share. The report showed profits
of S8,005,700 for the final quarter of
1885, against $7,742,58 in the preced-
ing quarter.
Cash Reserve Climbs.
Robert G. Stanley, president, re-
ported that the company had $50, ,473,-
81 of cash as of December 81. against
S1S, 789 ,023 at the close of 1894. Cap
ital expenditures for 1885 totaled
$3,206, ,642 in the company's mines and
plants in Canada, Great Britain and
the United States.
Stanley also reported that new
sales records we're achieved for cop
per and the platinum metals, as well
as for nickel" Copper sales were up
20 per cent to a total of $4,000. 900
pounds.
American Cyanamid.
American Cyanamid Co.. manufac-
turers of industrial and agricultural
chemicals, with plants located in va
riouS States in the Eastern, Western
and Southern regions, reports 1885 net
income of s4.062.159. equivalent to
s1.6l a share on the combined class
A and class B common stocks. This
compares with 1884 profits of S2.495,-
644. or 90 cents a share, on the COM
bined stocks.
w. B. Bell, president, reported that
the company during the year sold
SC, 400. 900 four per cent sinking fund
debentures at SO in privat. trans
action and with the proceeds. together
with bank loans of $4,000 900. retired
existing funded debt and short-term
bank loans.
General Refractories.
General Refractories Co., makers OF
fire brick and other refractory pro-
ducts. with plants in Illinois, Geor-
gia Kentucky and Maryland. reported
today 1895 net profit Of s654,857,
equal TO S144 share on 454,28l
shares. compared with s6l5.o5S, or
sl.73 share on 355,2l5 shares in
1894.
Canadian G. z. Co.
Canadian General Electric Co.,
Ltd, controlled by General Electric
Co. and with exclusive right to make
and sell General Electric and Allis-
Chalmers apparatus in Canada. re-
ported 1885 net profit Of s1,5S6, ,025,
compared with S989,l65 in 1884.
Merck & Co.
Merck e. Co, Inc, and subsidiaries,
manufacturers and dealers in chemi-
cal and drug products, with plants
in Railway, N. j.. and Philadelphia,
reported 1885 net income of 1891, ,565.
equal TO SLIT q share on the COM
mon, compared with 1888 ,272. or $l.91
a share in 1884.
Z. w. Bliss Co.
E. w. Bliss Co., and subsidiaries,
makers Of machinery, munitions and
other products with its principal plant
In Brooklyn, N. Y. reported 1885
net profit of s238.709. equal to 9
cents a share, compared with net
loss Of $751; In 1884.
Niles Bement Pond.
Niles s-Bement-Pond Co. and sub
salaries, makers of small tools and
other products. with principal prop
critics in Hartford, Conn. reported
1885 net profit Of s266, 1873. equal to
sl.54 a share on l73,025 shares OF
capital stock, excluding 24,47l shares
held in the treasury. This compares
with SOS. 5.485, of IA cents share on
l77,O0O shares in 1884. Net profit
for 1895 included a homecoming
profit of s5l, 1876 on the sale of United
Air Lines Transport Corp, and Boeing
Airplane Co., securities.