Bond Prices Drift Steadily Downward
Bond prices moved lower again last week as money rates firmed and investors hesitated to reinvest at low yields. Demand for foreign and corporate loans rose, with a $17.5 million Trumbull Steel issue and a $25 million Seaboard All Florida Railroad bond oversubscribed signaling continued overseas finance activity.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Denmrk
Trumbull Steel Company
Berlin
Cologne
Canada
Czecho- Slovakia
Tokyo
Rentenbank
Germany
Italy
Austria
Guaranty Trust Company
Seaboard-All Florida Railroad
Seaboard Air Line
Business Improvement Forecast From Greater Industry Activity
Promises of business improvement appeared in multiple industries last week with railroad and steel sectors showing strength. Carloadings surpassed a million for the third July week, and rail earnings rose in June indicating sustained gains. Mrs. L. G. Myers, 60, widow of Steven B. Myers, travel salesman, died at home in Norwood. funeral set for tomorrow. burial in Glenhaven Cemetery.
MENTIONED IN THIS ARTICLE
New York
United States
L. G. MY
Lou Godley Myers
Steven B. Myers
Louis Stix & Co
Stewdt Avenue
Norwood
Glenhaven
Harrison, C
Margaret Johnson
Ellis Myers
Colorado
Cincinnati
Hold-up Recalls 41N Return of Robbers
A pistol battle at a drug store on Louis V. Steinle, Seve and Mound streets left two youths wounded. Detectives Clear and Sweeney returned from Hamton with Thomas Lunsford, 23, machinist, who is indicted for assault to rob. Harold McClain was captured in Newport and awaits trial.
MENTIONED IN THIS ARTICLE
Thea Drug
Louis V. Steinle
Seve
Mound
Clear
Sweeney
Hamton
Thomas Lunsford
Hamilton County
Lunsford
Harold McClain
Newport
McClain
Hayes and
Bullerdick
Hamilton
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The
Sao Paulo
Pcac Oui Ay
Gidding &Co., Inc
Vine Street
Pogue
Agust
Childre
Pogue’ss
Ommet Ome
Che He & S. Pogue CO