Show IVI NEW W FINANCING TO KEEP RATES HIGH HIGHEy Ey UJ th Harold K n. Sm Smoot Co Wire New York April 16 The The New Y York rk Post says There There- are arc some sorno people Who who are arc of ot the opinion that high money monc rates are arp only temporary tempora while others believe belleve that In vt view w of or the largo amount of ot railroad and Industrial fi financing tf 11 higher money rates will continue continue continue con con- for some time to come And in view of this some somo traders look for drastic curtailment in stoc stock market loans as the new financing financing- for tor Industrial industrial indus Indus- trial and railroad account is Js pl placed ced In Inthe Inthe Inthe the essential class Also in view oC or the numerous increases in itt count rates predictions are being being- made that there will wilt soon bo be an Increase in our federal reserve rates But on tho the other hand there are traders who agree that money rates will possibly be high for some time to 10 come but predict they will have no ItO effect on the stock market that Is is if IC there is no serious curtailment of ot loans They argue that the street has bas become accustomed to high money a as A of ot the 8 to 9 per cent money rates exIsting existing ex ex- for tho the past four tour months and In Inthis Inthis inthis this period call money rates rate have advanced advanced ad ld- to 2 25 and 30 per cent Therefore Therefore There There- fore tore it is believed e that inflation in money rates would not be any more snore unnatural than inflation in Iii oth things But the more conservative arc are advising caution again as a result ot of the sharp advances in mone money rates not only in itt this country but In 11 n Europe as well |