Reynolds Metals Co. reported third-quarter net income...

Reynolds Metals Co. reported third-quarter net income of $25.5 million, compared to last year’s $303.8 million loss, which included a $322-million after-tax charge for writedown of certain assets. Results of the quarter just ended included an extraordinary credit of $2.5 million. William O. Bourke, president and chief executive, said that the company’s latest results reflected a slowing of shipments in the third quarter from earlier levels this year.