Salt Lake Telegram | 1936-01-18 | Page 15 | Corporte Bonds Make Declines

BONDS MAKE DECLINES NEW YORK Jan Tan 18 UP U-Cor- U JP-Cor- JP Cor Corporate bonds Saturday were offered a bit too freely treely for absorption except except ex ex- at declines but tho the U. U S. S government list 1st held t b steady Rails had to bear a considerable part of ot the pressure causing losses running to around 2 points point Some of ot tho the utility and industrial classes were wera able to resist the downward movement Tho The tono was heavy In loans of Baltimore Ohio St. St Paul Erie New York Central Pennsylvania Pennsylvania and Southern Railway International al Telephone s and Postal Telegraph Telegraph Telegraph Tele Tele- graph Ss which rose sharply earlier earler in the week were also alo among the thc losers Slightly higher prices were paid for tor obligations of ot American Foreign For For- eign cig Power United Drug and National Na Na- a tonal Dairy Products Product Treasury 3 s moved up around 8 1 o of a n point shortly shorty after aler the opening Other federals were 1 l lower to 1 l higher The foreign division showed little variation in values Several o of the South Americans registered gains