Salt Lake Telegram | 1939-08-22 | Page 19 | Federal Bonds Hit Downgrade

FEDERAL BONDS HIT DOWNGRADE NEW YORK Aug 22 UP U. U. U. U S. S treasuries slipped badly Tuesday Inan in inan an irregular bond market The government securities traded traded traded trad trad- ed at an active rat toward the close cose declined nearly a full ful point in n some instances Even greater declines were registered regis- regis toned ered in most foreign government loans especially Polish Issues A Afew Afew Afew few German and Italian bonds bond gained Among advances in the corporate list 1st were Studebaker Portland General Electric 4 New York Central Illinois Central and Commonwealth Edison Such gains were vera balanced by declines de de- de- de dines clines cines in Continental Oil Oi Wabash Wabash Wa- Wa bash ash first 55 New York Central 3 s Texas Missouri Missouri Texa and Frisco is 41 of 78