| Show a i yh I U BOND MARKET The of the bond market remains both clear cleat and favor favor- able This is duo due In part to the tho fact that there continues to tobe tobe be an abundance of capital that the money market remains in a position that brokers brokers' loans are relatively curtailed the physical volume of the nations nation's naton's trade is showIng a declining tendency and that the trend of of commodity prIces Is downward It I has become a very difficult matter and will wi probably become Increasingly so as time goes by to obtain bonds of Investment quality on an attractive yield las basis Is We suggest th that t bonds be purchased with the idea of value rather than yield and recommend the following securities for your investment funds Misouri Pacific R. R R. R s 1977 7 Texas Texa Pacific R. R R. R Co 1977 Associated Gas Electric es 51 1977 Utah Power Light 2022 V Chile Copper 1945 J. J A. A HOGLE CO V BOND DEALERS AND STOCK BROKERS V Direct Private Wires Main St. St V V Eccles Salt lake City Ogden V V VV V. V J. J V V t i |