Salt Lake Telegram | 1938-11-21 | Page 17 | Bonds Follow Uneven Couse

BONDS FOLLOW UNEVEN SE NEW YO K Nov 21 UP Frac CP-Frac- I-Frac- I Frac tonal changes in either direction ruled the bond market Monday Some recently depressed German l and Italian issues displayed a steadier undertone in the foreign I dollar dolar list Fairly active issues a shade higher at the start of the final hour included Santa Fe Fc 4 Alleghany 5 Illinois Central 4 and Pennsylvania Pennsylvania Pennsylvania Pennsyl Pennsyl- vania s. s Lower by the same range were Delaware Hudson re refunding refunding refunding re- re funding 45 Bethlehem Steel 4 s Plate and Southern Souther railway railway rail rail- rai- rai way 4 St. St St Paul 4 s of 1889 series eries E dropped more t than an 3 points on on II light offerings I U. U S. S governments were i of a point up to 2 down with wih l losers in the majority German government and I Milan Mian were among other oter foreign foreign for for- eign dollar dolar bonds showing howing a slight gain The German 75 however were fractionally lower and Brazil Brazi 6 s also were in supply