Show t 4 I II I Wall raIl Street Briefs IS J I Jt t S t tE 2 NEW E EW YORK May MaT 13 C AP AP Consumption of 01 crude rubber by manufacturers In the United States State In April was estimated bYth by br bytho th the tho Rubber Manufacturers Manufacturers' Association at aC loner lone tons an Increase of 16 LO per pcr percent percent cent over March and md the hIghest for an any month since June 1930 30 Imports Import In April ere were tons compared with Ith In Starch Much and In April last year Toai Total To To- tal l ai domestic stocks on band and In transit overland o April 30 were vere tons tona an In In- crease creaso of 4 49 per cent over o March and 54 34 p per Ir r cent over o April last year tar The rhe pronounced price declines during durin April result resulted cd In an art Increase from pr cent to 8 8 per cent In the 11 average er Ido on the active cash dividend paying stocks listed on the New York Yort stock ex- ex change chance the tho monthly computation by Moodys Moody's shows The Tho most mot recent average compared with 93 95 per cent at lot the low price of ot December 17 last lut O. O W. W Churchill general central sales lILies manager of Buick Bulck l Motor company om W said c May i output output out out- put t Is likely to be slightly below I the April production of units Holders of or certificates of or deposit of first mortgage 5 per cent bonds of the Iowa Central railway A subsidiary of or the Minneapolis tIl St. St Louis railway rollay have hA been notified unless mad a by plan their of protective reorganization W I committee r for Or tr that the entire system stem can be bt effected before appeals ap so- peals from rom a 1 foreclosure division are completed com corn the property must b be sold at public public pub pub- lic auction The rhe Iron A Age Ace e compo composite price for hea heavy melting scrap has declined from 1033 to 1983 a crocs groes ton the lowest lout figure since November ember 19 19 1914 1214 The composite prices for finished steel stel and PU pig Iron arc are unchanged un- un changed chanced at 2114 cents a pound for the former and a I. gross cross ten for the latter Reorganization of Burns Brothers wholesale wholesale whole bolt sale an and 1 retail dealers In coal and fuel oil will be undertaken Immediately as a result of the thc denial of a 8 receivership for forthe forthe the tho company In chancery court In New Jersey U it was said aid at the offices of the company No o 0 public financing Is ls to be Involved Production of ol news print by hr United States and Canadian mills mUis In April to totaled to tone ton a decrease of 29 tons from the Uko liko month last year The rhe total however showed n a substantial In Increase Increase In In- crease over o tho the tons produced In March March- of this year ear Sales of or American military O and commercial com corn mercial aircraft and aircraft engines to totaled to In the first three months this year the aeronautical nu 1 chamber of br- br J ff commerce m a ou The figure Is an Increase of over o the corresponding correspond correspond- tog ing period last year ur Production of electricity by the electric light and 10 power tr Industry of the th United St States tu for the reek yeek ended Stay May 9 0 showed a a. decrease of 24 per cent from the corresponding cor cor- re responding week last year rear but the decline was less leu than Chan the 3 per cent drop shown by tho previous pre week tek The rhe total for lor the week wa was IoAS kilowatt att hours Th The Atlantic seaboard showed showe an Increase of 01 27 1 per cent above C last year rear Edward Clark president of Cerro dc de dePasco Pasco Copper corporation said In answer to a a. question at the annual meeting that the dividend policy will wll depend upon conditions conditions con con- and ond circumstances prevailing pre two months from now when directors meet for action While the company ha has been liberal lib bib eral crat la iii dividends to ta the stockholders during dur dur- inc ing t the lat year or so he said this th h has been e because ec directors t In times of 1 good 1 earnings s have hue built bum up a large larto surplus surplus surplus sur sur- plus for just such a a. situation as now exists Possibly the tho an management ement has been os 05 liberal as could bo be expected under present pres ent conditions I An Art additional Issue of W. W r. r Hall Printing company first firs mortgage and collateral trust sinking fund gold bonds series A. A 5 p per r cent du duz May Ia 1 3 J. J 1917 Is being offered by a D. croup headed by Lee l ft Co The bond bondt arc are priced at aL 90 and accrued Interest to yield O. O Oi per cr cent Notwithstanding the tho substantial downward downward down down- ward trend In irs earnings as a whole approximately ap up- proximately companies of or the total number considered registered an Increase In net neL income In 1930 over the preceding year reu a study by Standard Statistics company com corn pany Paul says 15 A majority of these thes companies attained their coal goal through h more morl efficient operation or because of being b d In Industrial groups that Jaa lagged lage behind in inthe the tue general downward ard movement mo |