Salt Lake Telegram | 1932-05-03 | Page 14 | Bonds Display Erratic Trend

BONDS DISPLAY ERRATIC TREND Even Fedora Federal Issues Turn Soft Under Sales Pressure NEW YORK YORK May 3 The T Te J-Te The bond market continued to display erratic tendencies Tuesday and nd efforts to halt liquidation generally were un successful successful Even the United States government department turned soft with some of ot the treasuries subjected to pressure presure The activity in the federals was more pronounced than in let several sessions A number of the low priced low railway rail rai way vay loans which exhibited rallying inclinations earlier carler gave ground While there was no especial news to o counteract the depression in carier car car- rier ier bonds traders showed a ton Ion tion to pick up some sonic of these issues on n the theory that many of them had already discounted most of the difficulties dif dif dif- which they may encounter Among mong the modest gainers today were Santa Fe Fc Baltimore Ohio 4 l 1 Chiago Chicago Northwestern Northwester 4 3 Is 5 3 St Sl StPaul Paul aul 5 Missouri Pacific s and 5 l 1 Nickel Plate 4 l 1 and Frisco 4 l 1 The utilities and industrials were disposed to steadiness American America and International Telephones advanced as Is did some of the oils ois and md power and light ight company loans Western Wester Unions continued weak