Show President Reports Improves NEW YORK May 2 Step l-Step Birch president of the per corporation told stockholders stockholder j the annual meeting today that mel had been a decided pickup in cond coad all over the world There is no question that the jitu tion is Improving he said The company's cash holdings holding Marc Man 31 were more than tack Inch tacking big ing its equity in the holdings oM oIl subsidiary Nevada Consolidated Co Cc per Cash marketable securities ax sold and unsold copper carried it at cents a pound net were in excess at the end of the first qui ter Birch said R. R C. C was elected a rector succeeding the late John oha Steele I IT |