Show Of BONO BOND j 1 ISSUES ON s i Further Losses in Argentine Argentin e 1 Obligations Feature Foreign Markets a k I. I Br Dr LIX ALEXANDER HENDERSON Associated Press Financial Writer NEW V YORK YORI May 13 r. With 11 J the exception of high-grade high railroad I public utility and United States gov Issues the bond market re i-c i ceded Wednesday Declines were wen e distributed pretty evenly enly among al 1 1 groups Further losses loses in Argentine obliga I Uon featured foreign bonds an and 1 1 11 several u eral of them reached cached new low fJ J levels although the turnover turo er in mos most t I was w small The decline in other foreign for tor- eign issues remained within orderly limits Brazilian 6 Gis s of ot 57 1926 aiu and andt I 1 4 4 t Q German 5 s were active The former torme for tor- mer dropped about 1 point and th the A me pint latter lost loss fractions The Te larger Jarer losses loe in the rails rail were l recorded by bonds which have proved pro I I I vulnerable frequently in the recent L f p t St. St St Louis Loui Lul San Francisco Franciso 4 h Vis s I 1 Uj i of 1978 Missouri Pacific series urles F 5 55 i md New York Chicago o St. St Louis Loui LuIs LuIsS i S of or 1978 were to ro r affected Penn Penn- erles D 4 is of ot 1970 lost Jost fractions on a sizeable turnover I Chicago Chicago Northwestern Northwester 4 45 s of 1949 I J vere L were active and steady 4 United States State government issues I ere cr unusually dull dun with no sales at atall 1 all al recorded in hi some They Tey contin- contin tied firm tl Fluctuations among tho utilities I were verc ere narrow narow and the turnover In Inmost I j most most of them was wa small smal American I I Telephone debenture 55 of or 1965 and 53 of or 1960 Pacific Gas Ga 55 of or 1942 Coi Co Co- C- C i t Oas Gas 55 of or May 1952 DuQuesne Du- Du Quesne quen Light Light 5 s and Detroit DetroIt Edl- Edl ton on n 4 were steady seady to firm tr The trend in Indu industrial bonds was wa Irregularly Te lower Jower but trading was wa rc- rc Sinclair Oil 01 Gis ns Phillips I Petroleum 5 5 s s International Match Math MathI t I were among the te more active to recede Youngstown Sheet Shet and Tube 55 Lorillard 5 anc 6 Cas s I 15 were cre steady seady to firm |