SILVER SHARES SWING UPWARD By ELMER C. C United Press Financial Editor NEW YORK June 27 UP UP- UP Stocks displayed recuperative recuperative- powers pow pow- ers era near the close Thursday after another sinking spell In the early trading The list was unsettled for a time when Chicago Northwestern Railway company announced It was filing a petition to reorganize under un der section 77 of the bankruptcy law aw because it was inadvisable tr tv attempt further payments of sers vice charges at this time North western common made a new low at 1 8 5 off 7 Other rails rails' were down fractions to more than 4 point Near the close silvers swung forward for ward with U. U S. S Smelting gaining 2 points and Cerro de do Pasco nearly 2 points Motor and liquor shares met support Gold miners wore were well taken with Noranda up more than thana a point Steel common and American Amen Ameri Carl can Can rallied slightly Allied Chemical Du Pont and a few others gained a point or more Rails joined in Ira the recovery as did utilities Trading turned dull on reactions but picked up a little as the close approached Copper shares were fairly active and lower on word that domestic sales of the metal had been made mado at 8 cents a pound against the fort for men mer artificial rate of 9 cents Oil shares were marred by selling in leading issues Including Standard Stand Stand- and ard of New Jersey which at one onetime onetime time was down more than a point American Tobacco gained fractionally fraction ally while Liggett Sc Myers B lost losta a point Case and other farm is issues issues is- is sues were steady to firm Motor equipments resumed their rise The Street was interested in the governments government's decision to pay Panama Pan ama its canal payments In gold Instead in instead In- In stead of devalued dollars Panama bonds rose as much as 9 points on the tho bond market Other bonds were lower under lead of railroad Issues U. U S. S governments were barely steady Speculators took on new commit ments in irs the silvers as the close neared and the leading issues made new highs for the tho day U. U S. S Smelting Smelt Smelt- ing ng extended its rise to more than 2 points