Salt Lake Telegram | 1932-08-03 | Page 14 | Bond Mart Climbs after Unevenness

BOND MART CLIMBS AFTER UNEVENNESS NEW YORK YORK Aug kug 3 P JAfer After considerable irregularity in early arly tr trading rading ding the bond market turned Wednesday and resumed Its it upward swing The Te rails rail especially reversed their heir trend and ad recorded gains gais of ot from rom 1 to t 3 or more points pint ti tonal ional nal Telephone Issued rallied rale for gains gain ains of around 4 points point Foreign loans loan were irregular and the United States easier government section slightly The market apparently look its cue from rom the te upturn in stocks stock as n there were few if i any important trade and industrial developments development The Te carriers were among the first to t recover alter after showing lOes losses of around a point or more at one time te Among Anong Anong the te more substantial gainers were bonds bond of Baltimore Ohio Chicago Chicago Chi Chi- cago Northwestern Erie Ere Illinois Central Cental Missouri Missuri Pacific Southern railway New York Central and Penn Penn- sylvania sylvania International Telephone debenture 53 5 led the te utilities In the advance although although al al- al though American Telephone firmed along with bonds of Postal Telegraph Power and light company issues isue were quiet quiet