Show SECOND GRADE RAIL BONDS UPSET MART NEW YORK April 28 P A P-A A sharp decline in iii second grade rail ran bonds Thursday unsettled the loans market While various issues lowered their prices many securities o of the first class lass maintained a relatively steady tone one and some even recorded modest gains ains Among the transportation issues that hat dropped from 1 to around 5 points were some liens o of Baltimore Ohio Chicago Northwestern Erie Illinois Illi- Illi nois ois Central Missouri Pacific Nickel NickelPlate NickelPlate Plate late Pennsylvania Frisco and Southern Pacific Bonds that withstood pressure included in- in eluded Atchison and 4 1 l Canadian Canadian Cana- Cana dian ian Pacific debenture Northern Pacific American Telephone 55 and nd 4 l 1 Cincinnati Gas and Columbia Co Co- lumbia Gas |