Show AMERICAN SITUATION Berlin Newspapers Devote Much Space to a t Discussion of AffaIrs Af-faIrs in Wall Street Berlin April l1Thc Bourse had an Irregular tendency last week Trading opened on Tuesday under the Influence of the Northern Securities dccinion and rumors that American buyers were nt temptIng to cancel a large order for German pig Iron The latter assertion caused Eome selling of Iron shares which depressed quotations several points This rumor however was denied de-nied with authority and Iron as well as coal shares recovered later under the Influence of excellent trade reports The Northern Securities decision and the weakness In Wall street failed to have a marked effect Insomuch as London reported higher quotations than Now York The newspapers devote much space today to a discussion of the American situation The National Zeltung compared com-pared prices on the New York stock market today with those of a year ago to prove that Wall street has not Indulged In-dulged In speculative excesses as has been often asserted In the German financial reviews The money market IH growing easier President Koch at yesterdays meeting of the Relchsbanks contral committee pointed out that the status was somewhat some-what worse than a month ago and said that the outlay In discounts and treasury treas-ury bills were 201000000 marks greater than a year ago The present metal stock of the bank In 17SOOO000 marks less than a year ago The committee did not discuss the subject of lowering the rate of foreign exchange Rates however are tending lower |