Salt Lake Telegram | 1938-05-27 | Page 25 | Bonds Continue on Downgrade

BONDS CONTINUE ON DOWNGRADE NEW NE YORK May 27 21 U Bonds Bonds continued on on the down do trail trai Friday and in late trading many corporate issues showed shoed losses of 1 to more than 4 points In o only lya a few groups were offerIngs offerIngs offerIngs offer- offer Ings of any size but buying interest interest interest inter inter- est continued too narrow w for effective effective tive support rt Among losers were Burlington Central Pacific 5 teed Certain teed Products Rapid Transit 6 Inte International atonal Hydro HydroElectric HydroElectric Electric 65 Amer American an ard and Foreign Power Ss New New- NewYork Y York rk Central 4 and United Drug 5 i U S. S governments were quiet quiet- at 3 3 lower loweL to 2 ads higher I Chilean government bonds gave gaye up up a a point or more while Panama Panamas Panamas' s s' s dropped abo about t Italian is issues is- is sues sties improved