Show T I LA LAKE TELEGRAM SU I DURING WEEK EK i Sharp Reactions Are AIe Followed F Fol 01 lowed by Brisk Rallies yn V FW YORK TOniC A April rl 7 Sharp Sharp reactions rue rue- j tons In the stock and cotton colon markets market market followed by brisk brisk- brisk rallies cessation efston of the recent reactionary trend In bond prices easier money rates rae end and further Improvement In the business und and ld Industria Industrial Indus Indus- trial situation were the principal d Ih- Ih tria of this thi weeks week's markets markets The rhe he stock ItoC market having forfeited two thirds of its I. I j year Earl ears ear's gains gain since th the tho middle of March started ard again In response to the statement statements on em business and credit conditions made by Secretaries Mellon and Hoover In Inthe inthe the weekly summary of I the federal re- re ve board Professional operators operator sponsored I the e recovery In prIce public r buying being i o of n. n cautionary t an and relatively rela rela- I light eha character c Record breal breaking pro production of automobiles auto auto- mobiles and pig iron and unprecedented railroad traffic for this thi season eason of the tho YE year r vre r reported l during tho the week A Additional wage age advances were vere announced an an- In the textile Industry but the rising tendency of prices price in the com com- I n markets appears appear appear to t thava hava have been me lH checked except pt In the ca case cau of sugar which which was marked ked up on the tho announcement that tha t total production I from the he first fIrt sixteen Cuban centrals I estimates to be closed was well wel under previous I |