Show TRADING LAGS I ON BIG BOARD Duplicates Performance of Previous Day Busnes News By ELMER C. C United Financial Editor NEW YORK April 13 stock market was a duplicate of the two previous sessions Leading Ls sues hovered around the previous close while some preferred stocks and special cs made gains Stocks closed dull and Irregular Silvers closed higher with American Smelting at 45 up 34 and United States Smelting 4 1 up 1 Fractional Frac- Frac losses were sustained by United Unit Unit- ed States Steel American Can Amer lean Telephone and General Motors Allied Chemical lost 2 poInts and Union Pacific 2 7 Trading was under a million shares for the first four hours Speculative buying was almost nil because of stock regulation uncertainty and vigilance vig- vig ilance of the exchange to prevent any manipulation that might bring vindictive action from congress United States government issues provided a feature on a quieter bond market nearly all of them making new 1934 highs The main bond list was irregular Business news included the week week- Iy trade review of Dun Bradstreet and the car loadings report The former highly favorable noting aggressive retail buying while the loadings total showed more than seasonal sea sea- decline from the preceding week because of a sharp In coal loadings Among preferred shares to register regis regis- ter wide gains on the stock exchange were American Sugar Armour of Illinois Curtis Publishing Fairbanks company issues and Radio B. B stocks were up 1 to more than 4 points They retained much gains Farm equipments were steady rubbers rub rub- bers firm with rubber futures and oiLs little changed McIntyre Porcupine Por- Por cupine was higher in the gold mm Ing division Several of the utility issues continued con con- firm notably North American Edison which gained nearly three points Telegraph preferred and Western Union were up fraction ally in the communication tile issues advanced Among special issues to make good gains were Con Con- tamer Corporation De Stores National Supply California Packing and Industrial Rayon Wet stocks held around the previous close |