Show ALL STREET IS I t MORt Expansion in the Volume o or of r Business Which However How ver r Was Mainly Professional II JONEY oNEY MARKET MARKETIS IS EASIER DAYS DAVS GAINS MAINTAINED AT ATTHE ATI ATTHE THE CLOSE I w v York April 4 There Was as a ma maVi maS m mk S k Vi teI d expansion oC of the volume of o trana trafla in to ay rising stock market Vve tvr th halting and hesitating market of jt The market still tIIt preserved i jt professional appearance however and andi i J movement was regarded rather as a n ai i adjustment of the price level to the renditions in the money mune market r u 1 as M a response to any an actual large ab absorption sorption of f securities The readjustment i 11 i lu III s was WitS quite radical and sudden v lor r factors wire wre given a nominal In Inu InA 1 A u e in the days liIS da s movement but there i 1 ie 1 i 1 IU o doubt dou t that the changed face of iii ta i iTy on n prospect lay at the root of the thet t ti jP sentiment expressed by the I II k yesterdays quotations of J i r nt for call caU loans was given sent i till importance which perhaps was wag ex considering the smith small amount I c placed at that figure and the be bed bei d i 1 period of the tbt day at which the quo finus t were W ere re made mad Today however the thet ther t r ill wan loan rate rale did not rise above aboe 2 per pert er erI I 01 t compared with a maximum rate of l r cent nl yesterday i T men movement ement of the international cx ex t ni lUO ii is S of the change in ns The first of April has bas been en ked forward to for a long time back backas backa I as a tie the t limit of the period for which New NewY Y rk must mut refrain from asserting its jim aim for gold cold upon foreign money moner mar marha marKn marRits ha Rits in order to spare those markets from pressure that would endanger them Now Nw w with the settlements con conI I and ad the th ex eXI expected relaxation in for foreign eign ign motH markets New York Is with I ji lIl to draw on Europe i nilon idon has haI ha removed the obstacles s to an anuI uto uI of ut f gold guld the price of the metal de lining in that market and a sharp fall fallI I MI II the open discount di rate opening the way I 1 New Nw York to secure gold If It is de deI deTh ii I M i The Th rapid fall tall in our own money mone t f I meanwhile has run up the sterling rate to where the Import of M offer no profit l I the relief measures adopt r d i In h 10 the th treasury treasur were a deciding fac facT T r HI W averting the expected approach 1 f g 1 crisis nisi Wednesdays Imperial bank bani f Jermany statement and Bank BankI j I France statement are sufficient evl cl ne fliE of Ule stress 0 the situation Th French banks note te Issues expand 01 1 I nearly C I I outstanding edits t its to t forthe the week h Ii he lari W H arket exp ed Its relief day ilar Ia that the bank rate Of or had hadt t Vet n raised to 4 I 4 per cent nt The col money mO fy rates clears up lip one of the theart art J I clouds on the financial horizon id nd TN tH a of vast ast sentimental influence in of the depression recently liens hang IK Jg If over mtr the securities market Large lane Ia p importance was attached in the they I i y s z to the reports from iago RO that a It settlement was imminent I th ti wage walf depute on western railroads I Pa ery el strong showing f r net nt earnings for tOT February helped that Kick tek and anI Im Pacific as well and this nl I a I effect on the whole i A rebound In the London copper ark i was waa a R favoring Incident of the theM M The late market showed the usual I of on so considerable oon tars las y s rise rine but the gaIns Rains were quite well Th The bond market was active acUe and very en in m response to the decline in mon man mo mora rates ra tes Total sales par alue value States Stated bonds were wore unchanged ii call |