Show DROP ROP CHECKED IN BOND MART Convertibles 3 Make Up Nearly Half of Losses NEW YORK Aug 10 The AP The dullest St Saturday session In several weeks saw the decline in bond prices checked today Investment Issues steadied on th tho few transactions transactions trans trans- actions effected in the conservative conserva conserva- tive tIvo obligations while convertibles which gave the tio market half Its total t tal volume made up tip nearly 50 per per cent of ot the losses they suffered yester- yester day dav The Th recovery In the share privilege I lego bonds was most noticeable Inthe in inthe the American Telephone 4 l 1 up 5 4 1 Atchison 4 l 1 up 3 2 1 and ami international Telephone 4 1 28 up ups 2 1 3 Turnover er In the first two i Issues were of average bulk but all the other popular convertibles registered regIstered reg reg- their gains of 1 1 to 2 points on sharply diminished inquiry Standard Rails casy during of the week steadied although changes In quotations were Incon incon- sequential There was waa some buying of oL Big Four refunding New York Central Pennsylvania gold 6 2 1 l Southern Railway general genera and aid Wabash which brought out gains averaging half a point but Important Important tant traders were almost entirely out of the market t awaiting further developments the credit situation as a a. bf th the federal reserve banks bank's recent action A few Industrials that suffered particularly In the tho Friday selling advanced but the utilities were still I depressed and Inactive c. Utilities Power and Light 6 l 1 losing 2 I points Liberty first 4 l 1 from froni their yesterdays yesterday's low fo for the year but the fourth 4 4 1 1 were stationary station ary Just their above minimum The foreign list particularly the Euro European government division was ex extremely dull as- as Investors a watched I developments at The Hague confer once ence British United Kingdom i I C 5 l 1 and French Republic sold off |