Salt Lake Telegram | 1936-05-06 | Page 17 | Recovery in Bonds Makes New Gains

RECOVERY IN BONDS MAKES NEW NE GAINS I NEW V YORK May 6 Draw P-Draw- UP Draw Draw- Drawing ing ng encouragement from a further recovery in the share list the bond market advanced over a wide front Wednesday Junior rails rais were In good demand along with a large assortment of ot industrial and utility loans in itt the medium pried price brackets bracket Gains in such issues ranged from fractions to o around 3 points point Values were holding close cose to the upper ranges in m late trading United States governments also ato added fresh gains treasuries movIng moving Ing ng u up one thirty second to five live thirty seconds of a point and the guaranteed obligations one thirty thirty- second to nine thirty The strongest of the corporate Issues were those of Alleghany Corporation Cor- Cor American Rolling Mill Mi Baltimore Ohio Erie Illinois Cent Cen- Cen t r a 1 I International Telephone Nickel Plate New York Central Postal Telegraph and Southern Railway Italian bonds were advancing features fea tea tures lUles of the foreign division