Salt Lake Telegram | 1934-05-10 | Page 20 | Corporate Bonds Drift Downward

CORPORATE BONDS DRIFT DOWNWARD NEW YORK May 10 The R The downward price dri drift became more pronounced in the late bond market marlet tradIng Thursday at least leat so far as a corporate issues Isue were concerned U. U S. S governments continued to draw good lu port A long list ot of issues yielded 1 1 to 2 points pint The poorest performers in in- eluded s Erie Ere Ss 5 Mis Mi sour sour Pacific Columbia Gas Ga and Electric S Chesapeake OhIo 4 s s. s American and Power ver New NewYork NewYork York Central Nickel Plate 4 s. s Southern 4 s 5 and Western Weter Union German French and Japanese loans loan showed losses loe ranging from 1 to 2 points point Poland climbed to a new high level for the year