Show SALT LAKE TELEGRAM GAIN IN GALL LOAN RATES SURPRISE TO TRADERS Hopes of Cheaper Money f for r Operations in Wall Wal I St. St Are Ae Shattered NEW EW YORK April Apri 0 O. Sharp fluctuations In money rates additional revision of commodity com com- prices price and the extremely critical British Industrial situation were the chief factors factor of an Irregularly lower lowe week In the I stock market Call l 10 loans rose to 7 per c cent after establishing rl hl a lower quotation t tr for many months at the renewal rate rae of 5 r per cent thereby dampening lp lc the hope of those rI who o had expected that cheaper money n I might result In a a revival of investment buying bu bung An ng a mat matter r of fact l tendencies In the bon bond t list lt and among high grade shares were distinctly lower several everal of the better known rails ami Industrials selling at prices approximately their minimum figures This a wan especially true of railroad Issues Including the new six Ix and a halts half and general fives five Aside Alde from the pr pressure Sure directed ced against a number of unclassified d specialties a preponderant pre part of the weeks week's operations was waa again alln made up of speculative favorites espe- espe steels equipments motors motor and oils 01 while the th belief belef prevails that low lower r schedule ached sched ule UIN are Impending In the steel Industry this Is la offset by the action of he the Republic Iron company which yesterday y announced n of It leS than for bar plat platen s and structural parts part Signs of general trade Improvement were confined to a a few Cew specialties the motor In In reporting a a furth further r Increase of pro du ton Leather wather textile and tobacco were re b back backward ck- ck ward with copper and other base bae m metals |