Show I Wall Street Briefs A deficit of after paying dividends of on preferred stock Is reported by the International Paper company for the year ending December De Do cember 31 1922 This compares with a a. deficit In 1921 of President Dodge attributes the un unsatisfactory un- un satisfactory showing to l strikes failure of the government to protect the news print Industry front from attacks of competitive countries and us use of high priced wood contracted for at war prices He Ito says the company U is now operating on profitable basis Stockholders of the Iron Products cor cor- cor antI and Central Foundry today received letters outlining the plan of recapitalization which involves the formation of a new corporation to be called the Universal Pipe and Radia tor br company The Tho new corporation Is to have a capitalization of shares 7 per cent cumulative preferred stock of par value and shares common stock of no par value and will taKe over directly the properties of Iron Products Central Foundry and Central Radiator companies The new company w will also become the holding company of the other subsidiaries of the tha Iron Products corporation |