Show BOND MART FAILS TO MAINTAIN GAINS NEW YORK YORK Nov 30 P The Jl The bond market failed to t hold most of its it early ga gains s Wednesday and ad prices generally switched to a lower trend The range for the te most part was rather narrow however and trading trading tade trad trad- ing ig volume was still sti considerably below normal Rail Rai is issues recorded losses loSes of fractions to t 2 or more points point Foreign obligations improved Among the carriers that replaced gains gains' gais' gais with wih declines were some ome liens lens of ot Allegheny corporations corporation Baltimore Balmore Ohio Chicago Northwestern Northwester St Sl StPaul Paul Erie Illinois Central Cental Missouri Pacific Pacific- New York Central Pennsylvania Pennsyl vania Southern Souther and Great Northern Norther Issues Issues' of Nickel Plate maintained resistance as OS did those of Santa Sat Fe and Canadian Candian Pacific Some of the industrials and utilities ut util util- ies were under uder pressure presure at one time Bonds of t International Telephone were off of 1 American Americ Smelting 4 3 3 Dodge Brothers 1 Goodrich 1 1 Philadelphia Philadelphia Phil Phil- Phi adelphia adelpha Re Reading ding Coal and Ion Iron 2 Postal Telegraph 1 1 2 1 12 and U. U S. S Rubber 1 American Telephones cased as did issues of Columbia ColumbI Gas and Gas American and ad Power and ad North American loans firmed fired 5 British bonds rallied with wih sterling and improvement was shown by loans loa of Aust Australia Brazil Australia li Brazil Brazi France Germany and Italy The Japanese list was heavy The Te United States government section sec Uon tion was quiet qUiet and nd barely steady |