Salt Lake Telegram | 1931-06-11 | Page 17 | Rail Industrials Lead Bond Advance

R RAIL IL INDUSTRIALS LEAD BONO ADVANCE Upward Trend Irregular and Trading Continues to toBe toBe toBe Be Moderate By ALEXANDER HENDERSON Associated Press Fress Pe Financial Writer I NEW YORK June Jue 11 1 Lcd W Led b by railroad industrial obligations the bond market markt advanced Irregularly Thursday although trading con continued continued to be bc moderate Such activity as a d developed eloped was wa concentrated con conS among n n. n few fe issues Issue Among the rails raUs St. St St Louis San Francisco 4 l of or 1978 1078 St St. Paul Pul 55 of o 2000 WO antI and ad Erie 50 of 1975 made some come of the best gains gan of or the whole list lit on a a steady turnS turn tur over Chicago Northwestern 4 3 5 3 were active too t. t but they showed a declining tendency Fractional gains were scored by Pennsylvania Pennsylvania series sere D 4 1 l general 4 l and Missouri Mis soul Pacific series F Ss 5 Delaware Hudson Hudsn 45 and Atchison general genera cased or off Gains among Industrial Issues were usually small smal but the advance was wa less les Irregular ant and trading was wn less les concentrated than in the rails rai Goodyear Good G. G year 5 Western Wester Electric 55 Chile Che Copper Os and Armour 4 l 12 were fractionally higher Public utility bonds were generally steady and Qu quiet et American t For eign elg Power experienced a stad steady demand demand and fractional gains gis American Amen Ameri Amer can Telephone debenture were ac active a. a tive and unchanged International Telephone debenture 5 turned easy ey United States sats treasury and liberty loans were dull dun without without a definite trend Foreign bonds especially some of the tue more speculative European Is Issues i sues receded Irregularly German Geran 5 1 l and 75 German Central Agri Agricultural Mr cultural bank ba 6 of 1960 and Polish dropped 1 point or more each caho Latin Lati American obligations made mae further fur ther then Irregular gains Bolivian of 1958 Chilean Chlea Os 65 of 1960 Sao Paulo 75 of or 1940 and Uruguayan 6 were higher A sharp sha gain In General Theaters Equipment 65 featured the stock liege lege group This issue and ad Warner Brothers Pictures Gs Cs G were active With Wih the exception of the former forer this group grup kept pretty close to yesterdays yesterday's thil closing prices