Salt Lake Telegram | 1930-01-31 | Page 10 | Wall Street Briefs

1 Wall Wal Street Briefs 1 NEW YORK YORi Jan JaIl Jai 31 AP AP New New securities placed on oIl 01 the market market to today today today to- to day by y New York banking houses lO arid and syndicates totaled 7 consisting entirely of be bonds Pu Public lc Utility company offerings 8 account for foz of the thc total total The Pha re remainder re- re consists of oC municipal offer offer- Ines of oC and a a 5 railroad issue Directors of the Pacific Telephone Telegraph company compan have voted to issue In iii n additional l stock The Tue basis baIs of ot tho the offering to stockholders has not hOt been cen deter deter- mined December n net l operating Income of the Atchison Topeka Topeka Santa Fe Feat I was at against in lil tho the name Ramo month of oC 1028 1928 For the entire year tho the same item Iem totaled 52 compared with wih Tho Tue S Simmons pan cO company of Chicago Chi ca cago cao o bau liati hi authorized the tile issuance o of year five eal c 5 per pCt cent debentures de de- de with stock purchase warrants war wal rants rant attached The Tho Tie warr warrants are alo areto areto to run tun for fot Cho years years anti and ant entitle holders holder of each euch 1000 bond hond to purchase pur pur- chase e ten shares chares of ot stock at al 00 a n share share- for the Hist year the tile 10 the third the tile fourth and all 10 the fifth Wh Th The Tho offer is II being made in Iii II connection with wih a change o in the tho e of warrants at attached attached at- at huller th the tho of oC 15 1 15 of or fifteen years ears 0 G per pent cent c Cs offered at D 95 99 l- l 2 1 llast last fall fail A A g general reduction of or one eighth o of 1 per ier cent on Oi 01 all al maturities o of han banker cr acceptances became effective tive tivo U o today The r rates on 30 to clays days arc 4 per cent bid 3 7 8 7 per percent percent percent cent asked sk t. t WillIe while O on five and anti six alE months tho tile HOW no figures are arc 4 1 3 bid 4 aske asked I