Chemical New York Corp., the nation’s sixth-largest...

Chemical New York Corp., the nation’s sixth-largest bank holding company, reported it had record net earnings for all of 1985, despite a 7.5% decline in fourth-quarter profit. For all of 1985, Chemical New York reported net income of $390.2 million compared to $340.7 million in 1984. The company had net interest income of $1.57 billion and other income of $767.9 million for the year, compared to net interest income of $1.37 billion and other income of $547.3 million in 1984.