Show I Wall Street Briefs Wal 1 4 l lNE NEW NE' YORK ORK May 10 While While no official official oft oft- cial cal explanation Is available for the recent recent re recent re- re cent decline In sterling rates which arenow arenow are arenow now below the top price of ot the year Walt Val street generally Is of ot the opinion that the reaction Is due to the purchase of ot dollar dolar by the British government government government govern govern- ment In preparation for the next Interest Interest Inter Inter- est eat payment on Its Is war debt Under the terms of the debt the British government Is permitted to tender Liberty bonds at their par pal value In payment of ot principal and Interest and It I Is believed to have bought a large quantity of ot bonds for tor that purpose These purchases have pot not Jot been reflected however In the quoted prices which have been influenced I primarily by the terms of ot the I latest Issue of ot the United States treasury trea- trea tress treas ury notes carrying 4 per cen cent t In Interest terest The Potash Importing Syndicate which which on May 1 took over the tha distribution tion ton In this country of ot potash salts ls for fora a German syndicate has announced a reduction ot of prices on most roost of ot Its Is prod prod- of potash has been heen reduced reduced re re- re 1 a a ton and sulphate of potash 2 a a ton |