Salt Lake Telegram | 1933-06-08 | Page 17 | Break in Bails Unsettles Bonds

BREAK IN RAILS I UNSETTLES BONDS NEW YORK June 8 P The iP-The The bond market maket ran into selling Thursday following fol lowing a sharp sh break in i some of the thelow thelow thelow low priced rails rail and therea thereafter r dis displayed displayed di dis- dis played marked Irregularity The list li was wa shaken by a sudden dive dve in fn several issues of at the Chicago Chiago Northwestern railway but those bonds later recovered partially Fair recoveries also occurred in parts part of the te list lit though many of the semi speculative semi issues failed to t re reo re- re vive German Geran bonds rallied Some of the te carrier held firm in inthe inthe i the te face of the selig selling fury flurry notably those thoe of Great Northern Norther Pacific Allegheny Corp Santa Sant Fe and Baltimore Balmore Ohio Oho Utilities softened under rather heavy selling Postal Telegraph and Western Union Unon were under uder steady stady pressure International tonal TeL Tel convertible 4 l 1 12 dropped about 2 12 points Prime utilities were steady IU U. U S. S governments government made small smal gains gais