Three Nice Profits

P: Had a man been able to buy all the common stock of the Nash Motors Co. at the lowest figure at which it was quoted during 1925, he would have paid about $53,000,000. And could he have sold it all at last week's quotations ($141,141,000), he would have made a profit of over $88,000,000. For last week in one day Nash stock jumped 52 points to 517--and then the news came out. President C. W. Nash announced a 900% stock dividend. He also stated that the company in nine years of life had accumulated an undivided surplus of $25,000,000; that its last year's net profits were $16,256,216; that there was over $24,000,000 of cash, after setting aside nearly $9,000,000 for the further retirement of preferred stock. All of this was, in more than one respect, an automobile record.

P: Of ancient lineage, the Nordyke & Marmon Co. modestly set forth net earnings of $2,150,000. This record of the company's 75th year redounded largely to the credit of G. M. Williams, who took hold in the summer of 1924. Gross sales last year exceeded $16,000,000.

P: "A best year" was also reported by the H. H. Franklin Manufacturing Co.: net profit, $1,950,000.