Evening star., 1938-03-01
AMERICAN SUGAR
EARNS &,143,138
1887 Net Compares With
$4,352,563 Recorded in
Preceding Year.
BY the Associated Press.

Preceding Year.
BY the Associated Press.
NEW YORK, March l.-American
Sugar Refining Co. today reported net
income for 1887 was $4,l43,138 This
compares with the 1885 net income Of
$4,352.563.
After dividends of 81 per share on
the preferred, 1887 net income equals
$2.20 earnings per common share,
compared with $267 for 1886, and an
annual average of $6.51 for the AZ
years Of the company's operation.
Dividends totaling So per common
share were paid during 1887
The company's annual report, signed
by President Joseph F. Abbott, pointed
particularly to the fact that no strikes
interfered with negotiations with en-
ployes' collective bargaining repre-
sentatives
While the company views with some
concern international competition, the
report says that with the temporary
extension by Congress Of limitations
on tropical refined sugar. domestic
ref1ners do not Immediately face the
need to curtail employment in re-
hneries.
Beech-Nut Packing.
Beech-Nut Packing Co., Nationwide
distributors of packaged foods, reported
today preliminary net profit in 1887
was $2,74l ,203. equal to $626 share
on the common stock. This compared
with $2,709. .309. or $6.19 in 1885.
Wick Chemical Co.
Wick Chemical Co. reported for six
months ended December 81 indicated
net profit Of $1.868.90l. equal to $2.73
share on the capital stock, compared
with sl,934,794, or s2.76 a share in
the comparable period year earlier
The company's laboratories are at
Greensboro, N. c., and Philadelphia
Loose -Wiles Biscuit.
Loose-Wiles Biscuit Co. reported
1887 consolidated net income of $780,
593. equal to $1.0l share on the COM
mon stock, compared with $l,337,0
or $21 in 1896. The company's plants
are in large cities throughout the
country.
Diamond Match Co.
Diamond Match Co. reported for
1887 net income of $2.1ll,959. equal
to $l.73 common share, against $2,-
056,03l. or $l65 in 1886. The COM
pany's manufacturing and distribut-
ing facilities are Nation-w wide.
Edward G. Budd Mfg.
The Edward G. Budd Manufacturing
Co., maker Of automobile bodies and
other motor accessories and rail equip
ment, reported for 1887 net profit Of
$l,2l9,423, equal to 48 cents a share
on the common stock, compared with
1891 al. or "a cents share, in 1896.
The company has plants in Phila-
delphia and Detroit.
Budd Wheel Co.
The Budd Wheel Co., Detroit, manu-
faturer of motor accessories, showed
1887 profit Of $6l8,991. equal to 60
cents a share on the common stock,
against s796,33s, or II cents a share,
in 1886.
Marlin. Rockwell.
The Marlin Rockwell Corp, maker
Of ball bearings, reported for 1887 net
profit Of $l,s0o.62o, equal to $3.50 a
share, against s1.634,1ll. or $4.sl a
share, in 1895. The company's plants
are at Plainville. Conn; Jamestown,
N. T., and Chicago.
Plymouth Oil Co.
Plymouth Oil Co. reported net in
come for year ended December 81,
1887, of s2,935. .342, equivalent to Sass
capital share. The total compares
with the previous years $l,739, ,68l, or
S1.65 share. Company was not liable
tol Federal surtax because Of 1887
dividend disbursements. January net
income was s236,O9l. or % cents a
share, compared with the January,
1887. figure of slS4,584, equivalent to
18 cents share.
Simmons Co.
Simmons Co. and subsidiaries re-
ported 1887 net profit of S3,314,25l.
equal to s2,88 a share of capital stock,
compared with $4003,3O6, or $3.50 q
share, in 1886. The company, manu-
facturer Of mattresses and beds, has
plants throughout the country.
J. J. Newberry Co.
j. j. Newberry Co. and subsidiaries,
operators Of national chain of variety
stores, reported 1887 net income Of
$2,255,454 after charges and pro-
vision for Federal surtax, equal to
$5.27 a share of common stock, against
$2,570,286, or $500 a share, In 1896.
Servel, Inc.
Servel, Inc, refrigerator manufac-
turers, with plant at Evansville, Ind,
reported net income for quarter ended
January 81, 1888. Of $33,1s3, equal,
after preferred requirements, to cent
a share. This compares with the year
ago figure of $3s8, ,186, or 81 cents per
share
ScoviIl Manufacturing Co.
Scovill Manufacturing Co., metal
working and machinery concern, re-
ported net income Of $l,457, 1888 for
1887 after customary charges but be-
fore $207,922 special inventory re-
serve. In 1896 net profit was $3,15l,-
180 before $500, ,299 inventory reserve.
7lants are maintained at Waterbury,
Conn.,; Brooklyn, Akron and Toronto.