Salt Lake Telegram | 1931-11-12 | Page 18 | German and French Obligations Active

GERMAN CUMAN AND FRENCH 1 OBLiGATIONS Other Iss Issues es Dul Dull in Trading Trading Trading Trad Trad- ing but hut No Outstanding Weakness Noted By ALEXANDER HENDERSON d Press Fac Financial Writer N NEW YORK Nov 12 ActivIty 12 and strength in i German Gera and French Fench obligations streng featured the te dull dul tr tradIng tradIng trad- trad d Ing Thursday In bonds bond Fluctuations Uon were narrowly irregular but no outstanding weakness developed The German Gran and French lench issues isue ledan ledan led ledan an Rd advance ance in European loans accompanied ac accompanied ac- ac companied by cables of reported progress in the te Franco German debt discussions German Germa 5 l 1 2 1 and sold about abut 1 point pint higher on a larger lager volume than most moat other oter bonds French and ad 7 l 1 2 1 Italian 78 Belgian Bel Bel- gian glan 75 and Australian 58 moved move upward upward up up- gan ward also but t the turnover inmany up of th these no e Issues was limited to toa a few small sll sales United Unit States treasury ter and Liberty Lib Liberty L erty loans continued extremely dull dul but showed a firm tone Noses of any sort were reported in several severa of an the group sor for hours hour at a time Railroad obligations back and forth without a definite denle trend although a few of them tem made wide changes changes Canadian Candian Pacific debenture debenture deben deben- ture turc sold 1 point lower and Chicago Chi cago Northwestern 4 3 43 gained as a much but the sales sIes of both Issues were small sli Pennsylvania series D 4 l 1 2 1 and andSt ad St St. st Sn Luls-Sn San Louis Francisco Francico 5 51 2 l 1 of 1978 eased cased off oft tr fractionally on large Ies sales Public utility loans Ics were more ac active ac- ac ac five tive than tan industrials but but the te trend in both bot groups was wa indefinite Postal Postal Pos Pos- tal tl Telegraph rose about 1 2 1 points point a n much larger change chango than tan most others of this thi group soup Lorillard 5 1 l and Detroit Edison 4 4 1 l of 1961 were active and firm Stock privilege obligations ns were oven even less active than other corporate loans and wavered within narrow limits