Show BULLS RESIST BEAR SELLING Calling In of or Bank Loans Fails to Ch Change Money Rate NEW YORK April By 9 B 9 1 By The PreAs Bea Press Bear or of supposedly vulnerable Industrial shares continued In n the th early part of today's market m but met flet with stronger resistance and prices be- be began be gan to creep up ip In the th afternoon when a ft brisk demand de for tor th the equipment shares share shares Calling ot of about In bank loan loani reflecting the th usual week end re- re readjustment re readjustment adjustment of banks failed to have any Influence on the th call mone money rate which ruled Un- Un Unchanged un unchanged changed at tour four per cent cont c nt Lack of effective buying power In the th market was waa attributed to misgivIngs ml Ings Ings over the th future course cours of business which have been height height- heightened ened by the th continued decline In commodity prices and the relative relative- relatively relatively ly ly small Increase In commercial borro Ing While steel production Hon tion Is ii unusually high th the margin of profit at current price pric levels Is l small United Slates States Steel com corn cornmon common mon non broke below 10 during the morning but snapped back to around IH In the th early afternoon Leaders In the lh upturn were Bald Bald- Baldwin Baldwin win American Locomotive Gener Gener- General General General al Railway Hallway Signal Mack Truck and Public Service of New Jersey all of which soil soli one oe oh to two points higher and und National Biscuit which soared six sir Brokers Broker loans reported by the federal reserve bank drop drop- dropped dropped dropped ped nearly In the week eek ended March 31 brIngIng the total down to as compared with the th high of on February 17 |