Show I Local Bond and Security Dealings I I Trading in local investment securities has been rather I quiet this week according to several of the thc leading investment bankers having trade departments but bu several attractive new I bond issues were brought out by some of the houses that are reported to have met with ready response Amalgamated Sugar Sugar preferred the 10 I which Is la now dividend ax-dividend fx dl on 1 accumulative d dividend to be paid June 15 15 Is holding holding strong and did not lose lose I the full 10 from the quotations before before before be be- fore ful May a 31 31 when the tho company's I books closed Leading Investment v tm i bankers t reported e that g mo most of the holders of ot this stock are offering it i 00 while 96 Is being bid I for it Utah Idaho common has been quiet I with practically no fluctuation In the wih Prices The e 7 per cent bonds of the i fN dat erA Utah Idaho and n Amalgamated I a d have both been holding even par being I asked ben for tor the holdinG former forner and tho the I latter latter One One attractive e new issue brought I out In the local market market last week was I Ithe the 6 per cent gold bonds of ot the tho Associated As As- Asi i sedated Simmons Hardware com corn panics The bond was wa offered at 98 88 to yield Te A new Issue first and general lien of ot the Utah Power ower and I Light to pay C G per cent was offered In ill Lake also this week The Tho bond Salt Is attractive as It Is selling ata at ata 1 to yield considerable more moe a price S than prie the market price for the company's company's com corn II pany's 6 5 per cent first mortgage yield and amid is practically as well wel protect protected d. d I Among the new Utah to reach the he he public last lat week was a a 6 53 5 per cent water r bond of fT the rs issue being in for O oO The Issue was quickly brought up it Is reported I CENTRAL TRUST HAS GOOD i 1 VARIETY OF NEW OFFERINGS GS L I. P P. Van Voorhis manager of the I municipal department of the Central Centra I trust company compan says According to statistics furnished I by Dow Jones Co the average average price of forty bonds has been si SlOWlY w rising Sl since April 1 We believe that hf this Is a good ra time for iro I Investors t r to buy long term bonds assuring themselves them them- themI I r long selves esa a of period present of tl time high i l as iC yields possible s over as I During the past week we offered a anew anew anew new issue of ot year ten-year 6 per cent gold notes of the Associated Simmons Hardware companies controlling the well known Keen Kutter brands ot 01 wel hardware These notes which mature teU July terest sl 1 1 J yielding 1933 n nv are r over v offered per at r 9 98 cent e and d i The In Interest interest in- in Issue has liao been received very favorably favorably favor favor- abl ably throughout las the country Wo We also offered during the week an Issue of O City of Midvale a Utah Bi 3 per pei l cent water l bonds at i if prices C to O net 5 per ec cent dsT The vat rapidity rapid rapid- ity with t hl which t these bonds have been f taken up UD shows show that municipals are growing rowIng In favor with local bout lol Investors because of ot their high degree of se so- so PALMER CO REPORTS TWO SUCCESSFUL OFFERINGS I. I S S. S Trigg sales manager of Palmer ralmer Pal ral- mer men Bond Hond R and Mortgage company re reviews reviews re- re views the weeks week's activity as follows The two new bond Issues which our ourI the company offered to local Investors past ast week have both been welt well wel re received re- re These are Utah Power ower and I Light company Thee first lien Hen len and general mortgage due 1944 and Associated Asso J dated r Simmons im Hardware I company o n cent secured gold notes duo due 63 4 6 p per r In 1933 The Tho Utah Power w r and Light h bonds are regarded ld as a sg sound high grade Investment and at the offering price of 99 a and Interest te yield gt about ut per p cent They will l f doubtless nJ enjoy y a wide wie distribution and will wi wiry very ry l likely el be a trading feature on ort the local lol mar mar- kit ket ket per The cent Steptoe tw first mortgage Livestock J k bOs bonds company which 7 i iper we p have hav been offering are ar b ln rapIdly rapidly rap rap- rp tc been beena Idl Idly taken up There has ha also alo a noticeable I activity t In Salt t Lake Terminal t rb and Utah Idaho Id s Sugar ls l's during the week week |