Show 0 I TICKER NEWS S N I p o 0 oB B By the tlC Harold R. R Smoot Co Wire New ew York Evening Mall Mail n says s S 'S In discussing dis dis- cussin cussing the tho to drastic changes chanres in speculative values values and tho the causes Clark Cark and com company any take tae the po position position po- po that little Improvement In re respect respect respect re- re cither either to money or exchange can be bo hoped for as for money mone said the then's firms firm's ns n's market maltat letter writer today tho higher federal reserve discount basis does doe not appear to have havo accomplished so far what was wa hoped for It It i. i and thero is no time money available a In the ordinary channels It I Is of course out of the tho to question queston to expect any important im hn- un- un constructive operations In ln se securities se- se to be financed with demand loans at t the current curent rates and tho the best thing for tor Wall al Street would be he th the i ro- ro establishment of tho tile old money mone committee com corn rule for tho the stock markets cred cred- it It which would tend to stabilize rates on a fair tair basis and to kec leca the borrowing br- br bor lr- rowing community Informed of its ap approximate approximate ap- ap proximate limitations The Tho older oler and ad wiser wise heads of Wall Wail al sincerely regretted the abandonment abandonment abandon abandon- ment meat of the tho money committee and some of or those who were ero the loudest In their denunciation of its somewhat autocrat autocrat- Jc ic methods have since come to admit that we Were right when we main maln- tamed that their verdict would bo be reversed New Now York Post Pot S says S 'S Conservative commission houses continue to advise advie caution In making making- stock market Cuton stok commitments commitments com corn and are arc inclined not to take a positive stand until more assurances aro are given that tho the mone money situation is to be controlled Evor livery Every day of or hl high h rates it i Is ls pointed out only increase c tho the uncertainty not only amon among speculators speculators spec spec- but amon among bankers as a well wel some sonio of whom arc ar committed to Underwritings un- un which they had on hand when tho the federal reserve board start started d to take action aton Some brokers are still sti complaining of the high rates rates charger charged on Wall Val Street collateral as compared with wih rates charged on other security Extent of the short Interest was demonstrated dem tiem- b by the action aton of the tite mar mar- hot kot Fiday Friday In tho tim steel arid and equip equip- ment shares tho tIme short Interest also had considerable difficulty in covering crin co commitments The annual report of oC the International al Nickel company for fos- the year c ended I December 31 il was wa-s made mao public Friday It showed net profits for the year to toI have been which Is ocal to I 83 cents per share on tho the of ot common stock outstanding outstandinG |