Show HIGH iRA RATES TES FORCE 1 SALES OF BONDS NEW YORK Jan IG Banking 15 Banking Interests Interests Inter Inter- ests eatS have been selling Liberty bonds bond heavily since January 1 i it was learned today Much of or this liquidation was said I to 10 have been by institutions seeking cash ash ashfor for business loans loan and sod unwilling to borI borrow borrow bor bor- I row It because of or the high Interest and discount rates fixed by the federal re reserve reserve re- re serve erve bank Stock traders caught aught on on the I wrong side Of the market also have been do hJ eJ r I realizing rz n on l their Liberty holdings n to protect protect pro pro- accounts it was wall stated The selling movement has Jas beer been more I general at aL interior points throughout the I country countr than In New York ork it was vas said |