Salt Lake Telegram | 1938-01-06 | Page 15 | Carrier Liens Rally Sharply

CARRIER LIENS HAllY SHARPLY NEW YORK Jan 6 Second Ri-Second- Second Secondary ary ar rail ral liens led by Baltimore Ohio and Erie obligations rallied sharply in the bond market Thursday Thursday Thursday Thurs Thurs- day but price changes in the U. U S. S government and industrial groups were were mixed Recoveries in the carriers ran from 1 to as a much as a 7 points or or more Prominent gainers were Baltimore Baltimore Bal Bal- Ohio convertible 4 s re refunding refunding refunding re- re funding funding Gs 68 first 55 of 1948 and and re refunding refunding refunding re- re funding Erie refunding and general lien len Illinois Central Southern Souther Railway Missouri Pacific Pacific Pa Pa- and New York Central Ss In the industrial section markups were registered for Studebaker convertible convertible con con- 6 Loews Loew's Lews Lew's 3 Remington Rand 41 Armour of Delaware 45 and International Paper On the downside a bit were International Hydro Electric International Telephone Pacific Telephone and Am American rican Water Works Cs