OCR Text |
BONDS DEVELOP IRREGULAR DRIFT NEW YORK Sept 1 P R-In R JIn In a market market mar mar- ket characterized by dullness dullness dull dull- dul- dul ness ne bonds showed an irregular drift of prices Friday There Tere were no wide fluctuations and the undertone was wa fairly steady Early selling in some of the te elec electric dec elec issues caused losses lose ranging from major fractions to more than tan a point pint and ad most of the affected liens Hens lens failed faie to regain the ground in the last half hal of the se session ion Rail Rai and industrial issues remained within narrow bounds and commanded command command- ed no great amount of trading aten atten atten- tion ton Some of the secondary carriers converted early ealy declines delnes into int small smal net gains sais at the end Pennsylvania general 4 l 1 12 were heavy on a few transfers The le foreign group had an uneven trend There Tere were fair lair gains in British Brit BritIsh Bri ih ish 5 l 12 Australia and Japanese issues Some of the South American loans along with wih German Geran and French government sagged a bit The federal list lit ranged a shade lower but showed shoed a slight improvement improve improve ment merit in i val values e in the final hour I |