Salt Lake Telegram | 1932-04-13 | Page 18 | Federal Bonds Top New Highs

FEDERAL BONDS TOP NEW HIGHS S Corporate Issues Are Still Sti Ir Irregular Irregular Irregular Ir- Ir regular but Display Firmer Undertone NEW YORK April Apri 13 P With V With the te United States government list lit again scoring new highs for the year In unusually unusually un un- un- un usually active trading corporate bonds bond continued somewhat irregular although a firmer undertone was ap apparent apparent ip- ip ap- ap parent in a number of ot issues All Al of at the Liberty loans were in de demand demand demand de- de mand and practically all al of ot the te treasure treasuries treasuries treas treas- uries advanced around 2 1 a point point ure Increased investor buying as a well wel as a that of ot the banks was credited with ith the growing popularity of ot the fed fed- Among the railroad liens len that tat showed signs of resistance were Chicago Chicago Chi Chi- cago Northwestern 4 3 43 St St Paul Eric Erie 50 Illinois Central 43 Missouri Pacific and ad 51 Atchison Atchison Atchi- Atchi son 4 41 1 Nickel Plate Cs and St. St S1 Louis Loui Southwestern Southwester Consolidated Northern Norther Pacific e Pennsylvania 4 41 2 l and Boston Boton Maine were inclined to softness The utilities were comparatively steady with wIh price changes generally American Ameri Amen following a narrow range can lolo ig and ind Foreign Power Consolidated Gas Postal Telegraph and Western Wester Union held their ground Columbia Gas Ga 55 and md Pacific Gas Ga declined fractionally Liens of International Match and Kreuger and Toll Tol which have been among the weak industrials recovered recovered ered a portion porton of their previous losses loses Dodge Brothers 6 and some of the oils oil were in i demand U U. S. S Rubber advanced advance i Some of the South American obligations rallies including attempted I gatons rale the he Argentines Brazilians Chileans and ad Peruvians Colombian Gs 6 were weak dropping more than 2 points point German government loans and ad those of ot Japan steadied