Salt Lake Telegram | 1933-06-23 | Page 21 | Reactionary Force Hits Bond Market

REACTIONARY FORCE FORGE HITS BOND MARKET NEW YORK June 23 P JP ff Moderate ate reactionary movements In let some parts of the list gave ave the bond market mar ket an Irregular tone In late trading Friday U. U S. S governments worked slightly below closing levels yeater yeter d day aYe Some of the speculative rails raUs re reo on the plus side and antI a lew fw high grade carrier issues like Santa Fa Fe gained a point or so 10 Copper and oil loans were general enera ly 17 steady but losses of a point or g so 10 occurred In such Issues aa as United Drug 5 and Youngstown Sheet and Tube Ss s. s Utilities were wet Inclined to tc I ease after alter moderate early gains The foreign list turned heavy In ir I late dealings Some French and Get Ger Getman man Issues gave up 2 to 3 points