Salt Lake Telegram | 1931-07-28 | Page 13 | Trading in Bonds Quiet, Indefinite

TR IN BONDS QUIET German Issues Feature Foreign Foreign Foreign For For- eign Groups Lead in inField inField inField Field of Activity By ALEXANDER LEXI HENDERSON ENDERSON Associated l Press Financial Writer NEW YORK July 28 28 Trading Trading 1 In bonds was quiet Tuesday and th the market as a whole lacked a definite trend German issues featured the foreIgn foreign for for- eign group croup by their strength and the they were more active than most other othe bonds although the turnover in them was more moderate than during the their recent weakness The 5 1 l of at 1965 and the Is of 1949 1940 of at the national government and the 6 63 of oC October 1960 of the Central Agricultural l bank ban were from 2 to 3 points higher mos most of the time than yesterdays yesterday's closing prices Argentine of M May y 1961 Brazilian 6 61 l 1 of 57 1926 and NorwegIan Nor Nor- 65 made varying gains Chilean Chil- Chil can ean l issues ues continued to recede The Th of 1960 dropped several points on ona ona ona a few sales Loans of the United States government government government govern govern- ment were again dull without a definite I- I nite lite trend Industrial bonds were steady o or higher as a rule but trading in them was vas less active than in the public utility or rail raU issues International Match 55 Lorillard 5 51 l 1 Phillips Phillip Petroleum 5 1 l and United States Rubber gaIn gained cd fractions Fluctuations among rail rall and utility utility util- util ity ty bonds were mixed Obligations Obligation of f such varied character as Southern Pacific 4 1 l of 1968 1963 Southern 45 o of 1956 Boston Maine 55 of 1955 St. St San Louis-San Francisco 4 41 1 of 1978 and nd American Telephone of 1960 eased ased off of fractionally Further evidence evl- evl deuce dence ence of the uneven trend appeared In n the fractional gains of American Foreign Power 55 Postal Telegraph Telegraphs 55 s Pacific Gas 55 St. St Paul 55 of 2000 and nd Pennsylvania 5 51 25 l 1 of 1970 1070 Stock privilege bonds fluctuated back jack and forth with the correspondIng correspond correspond- ing stocks An offering of or of first mortgage 6 per cent bonds of the the West Vest Penn Power company is expected expect expect- ed d in the near future