Show BOND ISSUE IS A FAilURE Only of Union Issue Subscribed Take Rest New York July nA flA little more tha 4 OO ot or the Union Pacific Railroad compans new convertible bond Issue sir nr was subscribed b by the stock stockholders stockholders holders to an announcement b that company today The balance goes gOEl to toa II a syndicate headed by Kuhn Loeb lO o Subscriptions to this Issue closed yester yesterday ester esterday day It was made against a recent ad addition ot of to the cap capt tal stock and the proceeds of It are to h b devoted to Improvements It was also a an announced that about of a ben 1 Issue or of b by the Atchison Santa Fe RailrOad company was takei b the stockholders There Is no under underwriting underwriting writing syndicate ate connected with the At Atchison chison Issue but It Is understood that th remaining of bonds wilt will be tak by bv bankers heretofore identified with Atchison road lii In financial circles the small takings of these offerings occasioned no in fact had been discounted some week ago Tile Tue bond market shows al no investment demand |