Salt Lake Telegram | 1932-05-31 | Page 14 | Bonds Go Lower under Pressure

BONDS GO LOWER UNDER PRESSURE NEW YORK May 31 All P-All JAl All classes casses of listed bonds were under pre pressure Monday numerous issues dropping to new low levels for the year Liquidation was especially heavy in the utilities and railways where support was virtually non nonexistent existent existent The United St States tes government go list 1st drifted dried with wil the domestic categories and some of ot the treasuries were off of as much as a point The Liberties displayed more resistance nce Most foreign obligations also airo als lowered lowered low low- ered their prices materially Losses of more than 2 points were suffered by L y French government bonds and the Germans while rallying moderately Irons from their lowest quotations were soft soH Japanese loans were down as much a as 6 points point