STOCK MARKET
WORKS HIGHER,
QUIET TRADING
Encouraging Business
News Helps—Silver
Loses Gain
NEW YORK. April 26. — The
Stock. Market worked irregular'y
higher in quieter trading with en
couraging business news tending to
replace inflation prospects as a
buying impulse.
Sales today totalled 2,800,000
shares.
Bond prices exhibited rising ten
dencies with utilities in big favor.
Rails and industrial specialties
were steady to firm.
The curb displayed mixed price
changes in that some specialties
and some utilities were firm but
there were losses among industrials.
Silver Loses
The silver market lost part of
yesterday's gain with spot at 35 Vi
an ounce, off three fourths.
The dollar rallied on foreign ex
changes.
Midweek business statistics show
ed further progress in steel and
electric power production.
Tobaccos were strengthened to
day.
Coppers- were firm.
Homestakc mining dropped elev
en points. Standard Oi\ of New
Jersey lost a fraction.
CLOSING TRICES TODAY
NEW YORK, April 26.—Closing
quotation of Alaska Juneau mine;
slock today is lab. American Can
74'», American Power and Light
6 i. Anaconda 12>t,‘ Be t h lehem
Steel 23. Calumet and Hecla 4.
Auburn Motors 45, Fox Films 2.
General Motors 177*, Internation
al Harvester 28 T, Kennecott 15
■Packard Motors Armor B 1T, j
United States Steel 42%.
VISITORS HERE
WILL BE GUESTS
OF C. OF C. MEET
Luncheon Tomorrow Will
Honor Well - Known
Business Men
Guests at the regular meeting of
the Chamber of Commerce at Bai
ley’s Cafe, tomorrow noon will in
clude Nick Bez. Alaska cannery
man and president of the Alaska
Southern Airways, Fred Tracy, Al
aska Steamship Company and Jim
Galen, prominent Cordova business
man, according to J. W. Jones,
president of the Chamber.
Regular business and committee
reports will be included on the
luncheon program.
