Show SILVER RAILS i STEADY MARl MAR 3 Trading Light on Exchange Prices Move in Narrow Range II By ELMER C. C United Press Financial Editor NEW YORK Aug A 31 rally i f silver liver stocks and in railroad shan gave the stock market a firmer ton near the close Friday after a of narrow fluctuations Volume w ight of the typical pre Labor da variety Many traders were absent Thel was no public buying and the IV orders executed originated from th floor loor Other markets were dulL Many of them will be tomorrow and until Tuesday but th stock market will do bush business a usual Saturday Fridays Friday's opening fractional lower Trading lightened until it settled down to OC shares an hour hourin in the third an fourth hours Prices steadied in tr U late ate morning and gradually raffle ralli later without pickup in activity Retail Buying Rises The feature of the business nev ne was a pickup in in retail buying large largel attributable to the approaching ho day and stocking up against a strike j SI In foreign exchange trading t ti pound sterling broke bel below w 5 ft 5 f the he first time since the first week i February The franc was firm at t told ti old point j U U. S. S Smelting touched ear and then mounted to near tl close where it was up lIP 2 2 1 American Smelting Cerro de PaS and Howe Sound were higher Co Copers pets pers were better with t a 2 1 point 4 Motor Issues Issue Firmer General Motors became active a ar firmer near the f finish hi ish Chrysler al picked up Auburn sagged ally Briggs was weak in itt the mot equipments Atchison down to 49 2 1 early the last hour sold 51 up 34 n New York Central made up a ira fra loss Utilities were about steady Cuba American sugar issues firmed on bu ing said to be from Cuba Araus ment shares were weak late ia lath th day Pathe issues were more than a point each while Fo lost nearly a point U U. S. S Steel preferred equaled i low for the year at 77 Steel comon coi mon touched 33 4 1 off 8 7 and thi came back to the previous close |