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Metal and Utility Issues Have Buoyant Tone Dur ing Session. By the Associated Press. NEW YORK, January 6.—Metal and utility shares showed buoyant strength in a somewhat uneven Curb market today. American Oas & Electric, with a jump of more than 3 points, continued to hold first place In the power group. Electric Bond Sc Share, Northern States Power "A,” American Light & Traction and United Light & Power "A” were up fractions to around a point. Newmont soared about 5 and Bunker Kill Sc Sullivan added 114. Creole Petroleum, Gulf, Aluminum Co. of America and Wayne Pump rose frac tionally. M’CRORY STORE SALES WELL ABOVE YEAR AGO By the Associated Press. NEW YORK, January 6—McCrory Stores Corp. reported today December sales of $6,714,248. compared with $6,268,355 in the like 1935 month, an increase of 7.1 per cent. In the 12 months ended December 31 sales to taled $40,234,940, against $37,428,719 in 1935. a gain of 7‘2 per cent. In November sales decreased 1.6 per cent from the November. 1935, level. The company operates 5 and 10 cent Itores throughout the country. CURB BONDS DOMESTIC BONDS. High. Low. Noon. 41* power 41 as *67_ II334 ni3, so, Ala Power 5s '51 -'lli'* 1!ii * Ala Power 5s t>8- 98 9h 9H Am El P Hs ;57 mat ... 3? •*•>, Am P A- L AS 31110 - II 2% J 1 r • Am Seat Hs ':»« slod 11; H'f?* 1"’, As El Ind 4%s oil. Ho’. Ho 4 Ho. As G A E 4'aS '48 --- nil 1 o* a o % Aa G A E 4 %S *49. — o» 4 511'.a oil’, AS G A E os oil- s i «* HJ'a As G A E os 'HS - 'if • Ilf,. |f, As G A E 5‘aS .T #. a b.'.a «%% As T A T 5' as 'oo A . 8.% 8« 8‘ ilrmT|l °4';S 'H8 B : ^'4 V4% VJ% Caro Pw A Lt 5s '56 . 105% 1JJJ . 'ft • Cent UPS os '50 E - lot's 104% 104 * Cen UPS 4%s 07 F lo:t’« 1"3% j :!% Cen O LAP os 50 A I'M’, lo.l , I'1;;’* Central Pw os 5, D - 89% 89* 6.1 , Cent Pw A Lt 5s 06 £0% £5% £0 > Cent St El 5’as of - 71% -1 * 1 Cin ilr ffs'.as *'52'A - ]'**"’» SSef*B-: 'mm 'S>: '60’: Cities I Gas 5%s - 1 1 J a 10j- 3 Cit S P A L 5' as '57 . .» 76 a 46% Clt S P A L 51 - s 49. _ .9 ‘ 8 a . 9 Corns Ed 4s -81 F — loo', lot. , 11 1. , Comw SO o%5 ;46 A 103% I'M , I'M * Comuty PAL os o.-- 6,3, 8.', S.% C OU 6%s '43 Aw* mat 39 38 39 Cont G A E os 08 A_ 90 9o% 90 Detroit C G Hs '41 A _ 100% I'Jo'a }'»'• a Det. Clt Gs 5s 50 B -100 loti 100 Det Int Bz 0%s '52 - 13 a }•' 3 Det A In B 0%s '53 cd 11 % 11% 11% East G & F 4s ’.->»> A »434 1*4’2 W43* El Pw Lt hs 94,a 1*43» W4 x a-a.vw^nisaiismisji, OatVneaiT $w\£ tizZ'. US I US * (IK* Gatineau Pw Os 41 100% 10OJ, loo a Gen PO U O' as '50 A Po% In’, Ho' , Georgia Pw 5s ‘07 . 104% 104*. 104% Glen Alden Cl 4s '05._ 87 8. 8, Guard Inv 5s '48 A <3 /' Hon W Ast. 7s '54 ww _ 43% 43 4.% Hoi! L A P os '53 A - 104 104 104 111 Pw A L Os ’.V! A . 1 Oo3, 1 Oos, 10o% 111 Pw A L 5%S '54 B . 1II53, 1053, 105% 111 Pw A L 5S '50 C _ lu:l’i 103% 103% Indian El C os '47 A _ 102% 102% 102% Indian E C 5s '51 C - 90% 90% 90% Indiana Ser 5s '50 77% 77% 7^% Indiana Ser os '03 A ._ 77% 77% ..% Ind Hy-El 5s '58 A_ 99% 99% 99% Interc Pw Os *8 a 13s, 13% 13s. Inti Securities os '47 - I'll % 101% 101 % Interst Pw os '57 73% 73\ 72% Interst Pw Os '52_ 08% 0H% 08% Iowa-N LAP 5s '57 A ._ 103% 103% 103% Jackson G 5s '42 stp__ 54% 54% 54% Kan Pw Co 5s '47 A. 103% 103% 103% Kentucky Ut 5s '01 _ 98% 9S% 9H% Kentucky U 5s 09 I _ 97% 97% 97% Lons Is Lt Os '45 _ 105% 105% 105% McCord Rad 0. 43 102% 102% 102% Mem PAL 5s '46 A 103% 103% 103% Mldlan V R R 5s '43— 92% 92% 92% Miss Pow 5s '55 95 94% 95 Miss Pw A L 5s '57__ 98 97% 98 Mo Pub 8 5s '47 A _ 79% 79 79% Muns S 8 «%* '37 ww _ 14% 14 14 Nat P>* L 0. 2020 A . 103% 103 103% Nat P A L 5s 2030 B 94% 94% 94% Nat Pb S 5s '78 cod _ 50% 48% 49% New E G A E 5s -4?_- 811% 794, 80% New E G A E 5s '48 _ 80% 79% 80% New E G A E 5s '50-- 80% 70% 79% New E Pw 5s '48 loo3-, loo3, loo3. New E Pw 5%s '54-- I'll % 101 % lol % New Or P S Os '49 A _ 87% 87% 87% N Y P A Lt 4'as 07._ 100% 100% 100% N Y A W Lt 4s 2004 103V, 103% 103% Nor A L A P 5%s '50- 90 90 90 No St Pw 5%s '40 _103% 103% 103% Norw El Os '45 stpd 105 105 105 Ohio Pwr 5s '52 B-._ 105'i 105'i 105% Ohio Pwr 4%s '50 D. 1"4% 104% 1"4% Okla N G 41 as '51 A. loo 99% 99% Pac P A L 5s '55_ 883, 881, 88% Penn O E 5%a '59 B__ 105 105 105 Penn O E Os 50 A_105% 105s, 105s, Phila Elec C 5s 'flo._ 110% j 10% ] m% Portland G A C 6s'40 . 8ti% 79% 80% Potomac E 5s '50 E_100% 1 (IH% 1 MK% Pub Ser N J Os ctfs _ 145% 145 145 Pub S N I 4%s '80 E. 103 103 103 Pur 3 PAL 5%s '49 A 95s, 95% 95% Put S PAL 5s 'nil C . 93% 92% 92% Quee G&E 5%s '52 A 105% 105% 105% San An PAS 5s '58 B 107 J07 107 8chul RE Os '35 xw st 38 38 38 Sec Int Sec 5s '48 __ 102% 102% 102% 8hw WAP 4%S '07 A 104 104 104 8 E PAL Os 2025 A_107’, 107% 107% Sou Cal Ed 3%s '00 _ 107% 107% 107% Sou Cal E 3%s '00 B 107’, 107% 107’, 8ouw As T 5s '01 A . 103% 103% 103% Souw LAP 5. '57 A . 104 104 10* Souw PAL OS 2022 A - _ 100% ion 10o% 8*<1 GA-E Os '51 A_ 01 9<l% 90% Stand PAL OS '57_ 89% 89% 89% Tenn Pub S 5s ’70_ 80% 80% 80% Texas Elec 5s 'Oo_105% 105% 105% Tex PAL 5. '50 _105% 105% 105% Therm Os '37 st ww _ 102% 102% 102", Twin C RT 5%. '53 A 94 93% 93% Ulen A Co Os '44 m st. 52% 51% 51% Unit Lt A Pw Os '75 87 Vi 80 87", Unit LARD 5Vi8 '52 9* 92% 93% Va Pub S 5%s '40 A . 104 104 194 Va Pub Ser 5s '50 B 101 Vi 101", 101 % West News U Os '44 _ 73% 73% 73% ■West Pa Tr 5s on -114%113 n*% West T Ut 5s ’57 A _ 97s, 97% 97s. York Rwy Co 5s '37. 100% 100% 100% FOREIGN BONDS. Chile M B 0s '31 mat _ 18% 18% 18% Isarco Hyd El 7s '62 . 69 fif) (1ft Ital Su Pw 8s ’83 A _ 58% 57% 58% Medelin Col 7s ’.51 _ _ 20 20 20 Mendoz P 4s ’51 stp_91 Vi 91 >4 91 Vi Nippon E P 0%s '53 _ 80% 80% 88% Parana Bras 7* ’58.. 28% 28% 28% Pled El 0 %s 80 A __ 09% 09% 09% Ternl-Soc 6%* '53 A.. 69 68 68 NEW YORK BANK STOCKS NEW YORK, January 8 opi.—New York Security Dealers' Association: Bank of Man M.%)_ Bankers Tr (2) ..._ 80 71 Cen Han Bk a Tr (4)_128 131 Chise Nit (1.491 _ 48% 60% Cbem Bk A Tr (1.80)_ 82% 84% Commercial (8) 285 211 Cent Bk A Tr (.80)_ 17% J8% Com Ex Bk A Tr (3)_ 84 65 Empire Tr (l) _ 28 29 First Nat (Bosi «>- 50% 52% First Natl (100) -2110 2150 Guaranty Tr (12)_ 338 341 Irvlnk Tr (.60) . _ 15% 16% Manufacturers Tr 12) ._ 64% 60% Manufacturers Tr pf (2)._ 54 58 National City (1) _ 41 43 N Y Trust (6)-144 147 Public (1%) - 68% 68% Title Q A T- 16% 17% SHORT-TERM SECURITIES. (Reported by Chas. D. Barney A Co.) Bid. Offer. Am. Tel. A Tel. 5%s 1943.. 111% 112 Atlantic Reflninc 5s 1937.. 102 102% California Packlnc 6s 1040. 104% 104?k Caro.. Clinfd. A O. 5s 1938. 106% - Ohes. * Ohio Ry. 5s 1939 . 1087s 109% Chi Gas Lt. A Coke 5s 1937 102% - Delaware Hudson 5%s 1937 100% 101 Duluth A Ir Ransre 5s 1937 102% 103% Edison El. Ilium. 4s 1939... 107% 107% Oen. Pub. Service 6%s 1939 102% - Or. Rapids A Ind. 4%s 1941 111., Houston Oil 5%s 1940 . 102% 102% IntTTTel. A Tel. 4%s 1939- 84 % 85% Laclede Gas Licht 6s 1939. 98% 99% Lake Erie A West. 5s 1037. 101% 101% Lehlch Valley Coal 0c 1038. 09% 100% Lon* Isltnd Gen. 4s 1038.. 1037, 104% Louisville A Nash. 6s 1937. 101% 104 Mlehican Central 4s 1940.. 105% _ N. Y.. Chi A St. L. 4s 1937. 102% 102% New Y« rk DOCK 5s 1938... 04 05 N. Y . Susa. A west. 5s 1040 50 70 Pacific R. R. of Mo. 4s 1938 102% _ Penn-Dlxle Cement 8s 1941 99% 99% Penns. R. R. Co. 4s 1043 . 112 115V. Rio Or Western 4s 1930 _._ 81 84 Sou Bell T. A T. 6s J041. 107% 108 Sou Pac. of Calif. 5s 1937. 103% Vanadium Coro. 6s 1941 . 9f>% 99% Wabash Rwy. Co 6s 1939.. 103% ]o.3% Warner Bros, fis 1930 _ 00% 00', TWestern N. Y. A Pa. 4s 1043 110% 111% tern Union Tel. 5s 1938 104 Vs lOi » NEW YORK CURB MARKET By private wire direct to The Star Stock and Sales— Dividend Rate. Add 00. Hieh. Low. 8:65. Aero Supply (B).. 4 644 * 5 Agfa Ansco_ 1 1«44 1«H 1«H Air Investor* Ino. 5 344 *H *N Air Inv Inc war— 9 44 H % Air Invest cv pf—. 2 2944 2944 *»V4 Allas Fisher —. 1 * 6 * Allied Inti Invest- 8 t * * Ail'd I Inv pf t*0c 4f0a 24 2144 24 Alum'n Co of Am 800* 164 168 164 Alum Ampf m%860. 116 11644 its Alum'n Ltd. 600. lit 109 lit Am Airlines. Ine„ 19 81 29 2944 Am Capital (B) 2 1 44 1 Am CP&L WW244 - 1 46 45 45 AmCltP&L Ba20c 6 444 644 6N Am Cynam B t60c 23 86*4 8444 8444 Am Eqit (al’24ic). 6 6 4V4 5 Am ft For Pw ww. 27 *'4 *H *44 Am GftE (1.40)_ «8 «44 «>H <2N AmG*Epf(6> 160.11244 112 11244 Am Gen C’p <a50c) * 10*4 10!4 1044 Am Gen C pf (2) 50* S344 3344 3844 Am Lau Mch t60c 2 25'4 26H 2514 AmLftT (tl-20)- U 2244 2Z\i 2244 Am MfgCo <a3) — 60* 85 84 86 Am Maracaibo .— * IN IN IN Am Meter (a24i)- 1 6344 **N 6144 Am Pot ft Ch 8 244. 60* 88 38 88 Am Superpower _ 9 7 244 214 244 Am Superpwr pf— 12 61 48 6044 Anchor Tost F — 12 544 614 644 Angostura (t20e). 8 6 5*4 S Apex Electrlcial ) 1 8* 36 36 Appalach E P pf 7 70. 109*4 109 10944 Arcturus Radio T. 9 1H 1 4 Ark Nat Gas- f9 *4 7** 8 ArkNatGcupf— 2 104 104 104 Ark Nat Gas (A)-. 72 84 8 8 Art Metal W t60c. 1 184 1S4 1*4 Ashland Oil & Ref 11 «4 «4 «*i Asso Gas & Elec.. 95 24 24 24 AssoG&EfA)— f«7 * <4 <4 Asso G A E 85 pf_ 80 89 874 884 Asso I.aundrles_ 6 4 4 4 Atlas Corp (a80c). 40 17 114 17 Atlas Corp war . 28 84 84 *4 Atlas Crp pf A(3)_ 8 61** 614 614 Atlas Plywd ajOc. 2 19** 194 19** Austin Silver_ 67 3 24 2*5 Auto Products_ 2 1‘s 7*. 7*. Auto Vot Mt*50c) 3 74 74 74 Ax-Fisher< 3.20) A 80s 394 S«*« 394 BaboockAW a2.8.7 60. 129 1^9 129 Baldw L bd rts(d) 120 3 3 3 Barium Stain Stl 14 44 34 44 Baumn I* 1 st pf f" 10. 92 92 92 BerkeyAGay F Co 19 24 24 *4 BerkAGF pur war 1 14 14 14 Bliss Co (E W).— 6 184 184 184 Blue Ridge CalOe 14 84 84 84 Blue Ridge ct pf 8 1 4*4 4*4 4*4 Blnmenthal 8_ 2 S*4 8*4 *s4 Bohack(HC)- M* 10 i° 10 Bohack HC 1st pf. *0« 62 514 62 Borne-Sery al4 —100« 164 164 164 Botany Cons (d)— 1 4 4 4 Bourlois (a75e)— 1 «4 *4 *4 Bower Boll B (2). 1 28 28 28 Bowman-Btltmore 3 24 *4 *4 Bowmn-Bilt 1st pt200. 8t** 81 81 Bowmn-Bilt 2d pf 6 74 74 74 Brar.il TUP 40c_. « 194 1*4 194 Bridgep’t Mch al. * 174 174 174 Brill Corp (A) — 1 714 74 74 Brillo Mfg (60c).. 1 104 10*4 10*i Brit-Am O rg 180c 2 28*4 234 23*4 Br-Ara T B aD5'.»c. 1 324 »24 *24 Brown Co pf I86O1 *74 444 474 Brown FA IV a 15c 1 134 1*4 1*4 Brown Forman_ * 94 94 94 Buckeye P L <3) - 60. 46*4 46*4 46** j Butt NAE pf 1.60.. 1 244 244 2*4 ' Bunker HAS (t2). 626. 106 103 1044 Can Car&Fdry pf. 60 . 294 294 294 Can Indus Alco A. 17 7 T Can Ind Alco (B). 1 *4 *4 •'< i Can Marconi .... 24 14 1*4 14 ' Carlb Syndicate... 1 24 24 *4 Caro LAP pf (7).. 20. 102*4 102** 102*4 CarrierCorp - 2 814 *14 314 Catlin Corp <a40c) 8 94 94 94 I Cent Ohio Stl al.lt 1 1* 18 18 Cent A S W Util . 29 44 *4 4 : Cent States Elec . 14 14 1‘* 14 1 Cent St El cv pf n 60. 20 20 20 Cent St El 6% pf 325. 22 20*4 22 i Cent St El 7% pf.. 76. 45 444 4* Centrif Pipe t40c 3 6% 54 *4 ' Chi Flex Shaft t2 100. 63 53 63 Childs Co Pf. 76. 784 76 784 Cities Service_ 89 44 44 44 Cities Service pf.. 9 674 674 674 Cities SvcpfB ._ 3 64 64 *4 Cit Svc PAL $6 pf 60. *8 6* *8 City Auto S(t80c) 4 13 124 124 Claude Neon Lts_. 2 % H % Clev Tractor __ 2 104 104 1°** Club Aluminum—. 1 14 14 14 Colon Dev Ltd ... 283 64 44 * Colon Dev Ltd A.. 1 44 44 «4 Colon Dev 6% pf.. 12 84 84 34 Colo FuelAIr war. 11 184 1*4 1*4 Coifs P F A 11 4- 10 65 64 64 Colum GAEpf(o) 1075 . 964 944 954 Columb OA G a20c 50 94 *4 94 Co'wlfh Dist alOc. 8 14 14 14 Comwlth Kdis (5). 8 121 119 1204 Com with AS war 14 4 4 4 Com'u'ty PAL 1st 126. 814 89*4 *04 Community W S . 1 14 14 Vi ComSM ate vtc tl- 1 1*4 1*4 1*4 Cons Aircraft - 9 224 284 224 Consol Biscuit 60c 1 94 94 94 Consol Copper 24 *4 84 84 Cons MinASm t2 100. 81 81 81 Conf 1 Roll A S Fy 6 174 174 174 Cook P A Var t60e S 194 1#4 194 Cooper Bessemer- 4 814 804 814 Copper Range—- 4 184 184 184 Cord Corp - * *4 *4 Corroon A Reyn... 1 64 64 #4 Cosden Oil Me (d) 60 44 84 84 Cosden(Me)pf (d) 9 >6 *44 144 Creole Pet la50c). 12 87 864 *y. Crocker-Wh alOc. 27 164 15 15 Croft Brewing — 11 4 % 4 Crown Cent P s6c 9 24 2 2 Crown Drug (40c) 8 44 *4 44 Crystal Oil Ref... z 14 *4 24 Cual Mex Mining- 9 4 4 4 Darby Petr (60c)_ 1 17 17 17 Dayton Rubber— 4 204 204 204 Derby Oil A Ref— 6 64 64 64 Det Pap Prod t25c * 9 84 84 Detroit Steel (tl). 8 644 624 634 Dohler DleC (al). 1 874 »74 «T4 DowChem (2.40). 1 1864 1864 1864 Dubeller Condens. 1 84 84 *4 Duval Tex S a50o. 81 9 84 84 Eagle Pitch daSOa 28 214 204 214 East'n GAF Asso 2 64 64 64 East’n GAF pf (6) 260 . 68 62 4 624 East Mall Ira.'^fO. 25 . 244 244 2«4 East’n States Pwr 4 * 64 64 Eaat'n St Pw (A). 8 814 80 814 East’n St Pw (B) 2 80 80 80 Economy G S al 4 260. 22 214 22 Eisler Elec (a5c). 4 84 84 84 Elec Bond & Share 682 24 224 234 Elec B A S pf (5).. 6 78 724 78 BlecBASpf («).. I 814 81 814 Elec PAL opt war. 6 124 1 2 124 Elec P&L 2d pf A. 10. 76 76 76 Elec Shareholding 11 64 64 <4 El Shov C 1st pf._ 60. 164 154 154 Electrographic tl. 1 17.4 174 174 Emp GAF 7% pf . 60. 694 694 694 Equity Corp(a25c) 26 24 24 24 Europ’n El bd rta. *444 Evans Wall Lead. 7 1 4 1 Ex-C-O AAT t*0c. 9 194 19 194 Falsuff Br (alH) 4 8 8 8 Fanny F C (t50c)_ 1 £8)4 28)4 23)4 Ferro Enam(a3)-. 4 40)4 40 40)4 Fldello Brewery . 1 h H h Fire As (Ph 11a.) t2 - 80s 81)4 81 81 Fisk Rubber ... 2 11)4 1IN 11)4 Flak Rub pf <•).. 25* 78 78 73 FlaPAL.pt_£60* 81 80)4 *1 Ford Ltd algl-10o 8 7)4 7)4 7)4 Ford (Can) A (1). 23 24)4 23)4 >4)4 Ford (Can) B a75c 180s 27 26)4 27 Fox (P) Brew 80c. 1 10)4 10)4 10)4 Gen Alloys- * 3)4 8H 8)4 Gen Invest Corp 12 1)4 1)4 1)4 Gen Out Ad pf £12 26* 24 *4 24 Gen Rayon Ltd A > Hi 1)4 U4 Gen Tele C'p al.SS 1 21)4 21)4 21)4 Gen Tel cv pf (3). 2 ilH 81 81 Gen Tire A Rub... > 12)4 i»'4 19)4 Georgia Pw pf (8) 80s 96X 28 86)4 GlenAldenC <tl) 2 18)4 18)4 1**6 Godchaux (A) al. 80* 41)4 41X 41)4 Godchaux Sug(B) 1 80 30 80 Goldfield Consol— 2 X H H Grand Natl rtlni. 7 8)4 3)4 8)4 Gray Tel P S (1).. 8 22 21)4 21)4 Grt AAPTbvM. 80s 114 113 118 Grt Nor Pap (Yl). 100* 88 88 88 Greenfleld T A D_. 8 8 8)4 8 Groo Store Prod—. 1 iH 4)4 4)4 Guardian Invest— 8 X X X Gulf Oil Pa new— 88 80 82 88)4 Hall Lamp (300- 8 ex e e HartfordEl Lt 1% **• «• «» *» Harvard Brewery. 8 8)4 8)4 3)4 Hecla Min (a80e). 8 18 18 19 Heller Walter B— > 10X 10X 10X Hoillncer G Y65c « 14 14 14 Horn A Hard tl-M400» 40)4 88)4 3*X Hudson BMAS (1) 17 S8X *• >*X Humble Oil (tl).. 17 72 78)4 7» Huyl Of 8tpd <d)-. M» •• *• Hyerad* Food 7 8)4 6)4 6)4 III Pwr# Lt I* Pf 1*®°I 68)4 68)4 tmo Oil Ltd «50c 2 2l!i 21)4 >IX Ind’n Ter 111 O(A) « 4)4 8)4 4)0 ) ■ Stock and Sales— Dividend Rate. Add 00. Hieh. Dow. 2:55. Ind n 'l’er IllO(B) 16 44 4 44 Indiana PL <t40e) 2 8J4 8 84 Ins Co of No A t2 200. 744 784 ’44 Inti Cigar Mt2 2 264 26 26 Inti Hr El S CT pf 11 334 814 83 Inti Metals Inc A-200s 174 164 174 Inti Petr ttl4)_ 6 »64 35 864 Inti Products__ to 74 7 74 Inti Util (A)_ 4 18 144 18 Inti tJtll (B)_ 221 24 14 24 Inti Util war new- 8 4 4 4 Inti Vltamln(50c) 2 64 64 64 Inters! PtDeDpf- 80s 2<i4 <04 204 Iron Firemen!tl) 60a 25 23 25 Ital Ruperpwrl A). 6 4 4 4 Ital Sup'pw d rta . 8 4 4 4 Jacobs! FLiCoil) 6 144 1<4 144 Jeanette Gl a40c - 26 114 10 11 JerCen F&Lpf 5 4 25a 89 89 89 Jer Cent PAL.pt 7 20a 99 984 984 Jonas A Naum .. 4 74 74 7.4 JonesALauch Stl- 1 94 94 94 Kan City P S pf A 1 34 34 84 Ken RTAL A a76c 4 204 20 204 Klntston Prod 400 It 64 «4 64 Klrbv Petr (20c) 2 64 64 64 Kirkland L, G (6c) 2 14 14 14 Kress(SH) pf 60e 2 124 124 124 Kreuger Brew (1) 2 204 20 204 Lack RR (XJ) (4) 60* 77 77 77 Lake Sh M 174) .. 6 574 574 574 Lakey Fv A Mach. 6 64 6 6 Leh Conl&X a60c. 14 104 94 104 Leonard Oil _ 3 1 1 1 Lion Oil Ref (H— 15 174 17 174 Locke SllCh 80c . 4 14 13** 134 Lockheed Aircraft 0 10 9*6 94 Lone Star G a60o. 7 12 114 12 Long island Ltg_. 8 54 64 54 Long 1 L pf A(7) 40* 90 90 90 Long Isl Lt pf B 6 100* 78 78 78 Loudon Pk’n toOc. 16 6 6 La Land (40c)__ 61 144 144 144 Lucky T (712c)... 1 14 14 14 Lynch Corp (72).. 1 89 89 39 McCord Rad (B).. t 104 104 104 McWilliams D (71 1 324 324 *24 Mangel Stores .. 1 84 84 84 Marlon Steam Sh. 1 16*6 16*6 16*6 Massev Harris .. 19 94 84 94 MerchAM A alEc.. 1 64 64 64 Merritt Chau AS.. 27 7*6 74 7*6 Mesahl Iron _ 10 4 4 4 Mex-OhloOll_ 6 4 4 4 Mich Bumper C__ 15 24 2*6 24 Mich Gas A Oil_ 13 3 3 Mich Sugar_ 1 14 14 14 Mich Sugar pf_ 1 74 74 74 Mid Sta Pet (A)._ 8 64 64 64 Mid Sta Pet (B)._ 2 14 14 14 Mining Co (Can).. 2 34 34 8», Minn MlnAMf(71) 100* 424 42 42 Mock Judson 60c 2 IS** 134 13*6 Moh H PAL lst(7)125* 102 lot 102 Mohawk H 2d pf.. 725* 116'6 114 1144 Molybdenum Corp 2 94 94 94 Mont Ward A (7). 80* 1534 16(4 1534 Moore Dlst (750c) 12 74 74 714 Mortg B’k Am Sh. 3 4*6 4*6 4*6 Mount Prod (60c). 6 6'6 6‘, 64 Mueller Braas 71.. 6 434 424 43 Nat Bella Hess__ 48 27* 2*6 2*6 Nat Fuel Gaa (1).. 11 174 17*, 17** ; Nat Investors- * 34 s 84 1 Nat Leather_ 6 24 2 24 Nat Mfg & Stores. 1 9 9 9 1 Nat P A Lt pf (6 ) 450 * 884 884 **4 I Nat Rub Mch a20o 13 114 114 114 Nat Service_ IS 4 4 4 1 Xit Service pf_ ji 44 34 44 Nat Sugar N J (2) 2 '.74 274 274 Nat Transit (75c). 1 104 104 1014 Nat Union Radio.. 68 14 14 14 Nebel (Oscar)__ 62 2 2 Nehl Com - 2 154 36 4 3=4 Nelson(H) (a(5e) 2 144 144 144 Neptune M A 160c 1 164 I64 164 Nev-Callf Elec... 150* 214 21 21 N J Zinc (T21 . 60* 80 to 8<) New MAA l.dalc. S 4*6 44 44 Newmont M *3% . 4 132 1274 132 N Y Auction a25c 1 64 64 64 N Y A Hound (71 1 200* 30 294 294 N Y PwAI.t pf (6) 10* 104 104 104 N Y PwALt pf (7) 30* 114*6 1134 1134 N Y Shipbldg- 3 114 114 114 N Y Steam - 1 it it 18 N Y Tel pf (6 4) - 76* 116*6 115** 115*6 Nlag Hud Pw a(0c 71 174 164 17 Niag H P(A) war 12 4 4 4 NiagHP(B) war 1 24 24 24 ■ NiagS Md Ba«fc. 14 13*< 134 13*5 j Nilea-Bem-P (al). 6 4(4 444 44'6 Nlplaslng (a50c) . 5 2*4 z*t z»* I Noma Elec (a(0c) 23 I14 11 11 North Am LAP 15 44 4 474 ! North'n Europ Oil * 4 4 .*» i North States P A.. 6 37 264 *7 ! Novadel 1(2)... S 344 34 34'4 I Okla Na Gaa Co.. 2 134 13 134 Okla Nat Gas pf.. (0* 804 80*6 30*. Oldetvme Distil.. 1 64 6*4 6*4 PacGAE 1st (14) 8 S14 S14 314 Pac GAE pf 1.37 4 2 2**4 28*4 28(4 Pacific Ltg pf (6 ) 60* 1O6I4 lo« 106'* Pao Public Servlet 2 8*4 814 git Pac Tin apec it2> 100. 44 44 44 Pan-Am Air (71).. 28 68 63*4 66 Pantepec Oil ._ 216 9 84 84 Param’t Motors 16 5 6 Parker Pen (1.60) 10.1. 2614 264 264 Pennroad (a25c) 46 474 4*4 *4 Penn GAE (A) 1 4 2 164*-164 16*4 Penn PA L (6)... 20, no no 110 Penn PAL (7) ,30* 11114 111 m Pepperell Mfg +6 75, 1404 1404 1404 Perfect Circle 72 100* 33 4 33 33 Phillips Pkg a50c. 1 134 18>4 1314 Phoenix Secur 2 64 64 6J4 Pierce Gfnr (a50c) 32 224 314 224 Pion’r GM Ltd 80e 22 6*4 64 64 Pitney Bowl740c) 2 814 84 84 Plttabgh Forging. 11 19*4 194 194 Pitts A L E 72 4 .. 8o» 88*6 884 88*4 Pitts PI G1 (a 6 > ... 6 1254 1254 1254 Plough Inc (1.20). 1 174 174 174 PotreroSutar .. 1 44 414 414 PowdrellAAl 760e 8 11'4 114 11'4 PwrC'p(Can)a25e250» 28‘4 27 284 Premier Gold tizc 25 4*4 44 414 Pub Svc Ind pf 20 * 34 4 84*4 S4*i Pub Svc Ind pr pf 10, 64*6 64*6 64»* Pub Svc Okla p 1 7 20, 1034 1034 1034 **ug Sd P&L pf(5) 100* 864 864 864 Pug Sd PAL 36 pf 250* 48 474 474 Quaker Oats pf (6) 10* 150 160 150 Ry A Lt Secal.55. 26* 224 224 224 RwyAUtil lnv(A) 8 14 14 14 Rainbow Lum (B) 2 % \ \ Raymond Con a50<226* 264 26 264 Raym'd Con pf (3 ) 50 * 424 42 424 Red Bank - 6 114 114 11*4 Reed R B new tHOi 2 334 83 834 Reybarn Co a25c.. 6 64 64 64 RlceStlx DG b50c. 2 12 12 12 Rlchm'd Radiator. 2 54 64 64 Rustless IrAStl _. 37 13 124 124 1 Ryan Consolld'd._ J3 6 44 6 Antnonv uoia.. l % x % St Reels Paper 45 9 SX 9 Schlft(The)Co(ti) 1 8854 3854 8854 Schulte R E(d> t % H H Scovill Mfg<a25i) 280s 60*i 50 6054 Secur Corp Gen_ 7 454 3)4 459 Segal Lock AH... lo 3 274 274 Selberling Rubber *6 754 7 IX Selby Shoe <2)_60s 80 80 ao Selected Indus . 18 854 ?54 854 Sel Ind all cfa 684 200s *6 96 96 Sel Ind pr pf <684)160* 96 9454 96 Sant Saf Control.. * 54 54 S Severaky Aircraft 4 454 454 454 Shattuck Den Min * 18)4 1854 18)4 Shawin W AP 80c. 7 8054 80 8054 Sherwln-Will M) 100s 18754 18754 1375* Singer Mfg Ltd rets <a28 4-50 4 6 6)4 554 Smith Cor v ext tl 1 28)4 28)4 28'4 Sonotone C (alOc) 8 2 2 2 So Pann 011<tl84 > 7 46 46 46 SoCal Ed nfB 184 1 2854 2854 2854 SouthnPL20c .16 6 6 Sou Royalty T40c. 6999 SpanishAGen rota 1 54 54 54 Spen Chain St 60c 1 954 *54 954 Square Dpf A 2.20160 s 27)4 *754 *7)4 Stand Dredging.. i 654 4)4 654 Stand Dr cv pf-160s 1654 1 654 1 654 Stand Iny cum pf 200s 6954 6854 6954 StdOilKy (tl.40) 4 1954 1954 1954 Stand Oil Ohio tl. 6 8754 87)4 87)4 Stand Pwr A Lt... 41 654 654 654 Stand PA L (B).. 8 654 6 654 Stand P A L pf . 60s 67 67 67 Stand Prod <a25c) 8 21 2054 21 Stand SllALd (4c) 8 54 ’» 54 Starratt Corp vtc. 44 9 854 854 Starchi Broa a30o 8 954 954 954 Sterchl Bros 1st 8 26s 88 88 £8 Sterchi Bros 2d al 60s 11 11 11 Sterling Br a76c . 8 454 654 454 Sterling Inciaoo 9 «54 4 54 454 Stetson JB (50c).lOOt 2054 2054 2054 Stuts Motor - 4 254 *54 254 Sullivan Machine. 1 26 26 16 8unray Oil (alOc) 26 4)4 4 454 Sunshine Min (!) 12 2054 20 to Swiss-Am Else pf 60s 10054 10054 10054 Taggart Corp ... 12 1254 1*54 1254 Tampa El (2.24).. 1 2854 8854 8854 Taatyeast(Del)A- 2 254 2 2 Tavlor Diet (300. 18 454 454 454 Technicolor aSOe. 8 *154 *154 2154 Tex P A L pf (7) 10s 11154 lilt* 11154 Taxon oil A L (Oc 9 <54 654 <>54 Thew Shovel a50c 76* 46 46 46 VishmanRAC . 11* 1« l<> Toh Prod Exp lSe 2 374 •'>74 *74 Todd Shlpyd (73) 100s 61 ^ 61 PACE MAINTAINED AT STEEL PLANTS Production Holds Unchanged at 791/2 Per Cent Despite Motor Strikes. By the Associated Press. NEW YORK, January 6—Strikes in the motor industry have caused steel mills considerable difficulty be cause of sudden rearrangement of schedules, but there is "at the mo ment" no apprehension operating rates‘will be reduced materially, Iron Age said today in its weekly review. Mill production is unchanged at 79 Vi per cent. "Settlement of strikes will undoubt edly be followed Dy renewed pressure from automotive plant* for steel to make up for lost production,” the Trade Journal said. "All other major consuming outlets for steel continue to press forward. Railroad shops and car and locomo tive builders are taking more, the agricultural equipment industry starts the new year most favorably, tin plate production continues at 95 per cent of capacity, with no signs of abate ment, and there was heavy coverage at the year end In structural shapes and plates for building projects. Steel mill bookings grew enormously In the last week of the old year and some companies have had to go back to war years for like totals. "New railroad equipment orders have been added to the heavy 1936 business. The Chicago & North j Western has ordered 1.000 freight cars and 23 passenger coaches and will buy 8 locomotives; the Duluth. Missabe & Northern has bought 1.000 ore cars; the Western Pacific has ordered 11 locomotives, and the Delaware. Lack awanna &. Western 5; the Illinois Central will buy 3,200 freight cars, and the Nashville, Chattanooga & St. Louis 500.” Pig iron price advances of 50 cent* a ton went into effect as of January 1 at all major producing points, rais ! ing the Iron Age composite price to ] $20.25. The strap composite also has advanced, to $17.92. because of a 50 cent increase at Philadelphia. U. S. BOND HOLDINGS OF BANKS TAPER OFF Bj the Associated Press. NEW YORK. January 6.—Holdings ! of United States Government obliga ! tions by member banks of the Federal ; Reserve System in leading cities show | a distinct tapering off since last Sum mer. Their latest figure reveals a drop of about $250,000,000 in holdings of direct obligations from the peak touched last July. This was explained in banking circles as due partly to a decline in Government borrowing. Moreover, it was noted, an upturn in business de mand for credit has given banks a new outlet for funds. Figures on direct United States obligations of reporting member banks in 1(U leading cities compared as fol lows : Week ended Dec. 30_$9,241,000,000 Preceding week_ 9.192,000,000 Same week last year_ 8 468,000.000 NEW YORK TELEPHONE TOTAL GAINS SHARPLY Bj the Associated Press. NEW YORK, January 6 —The New York Telephone Co. today reported a gain of 14,010 telephone stations in service during December, compared with a gain of 5,603 in December, 1935. In December, 1934. there was a de cline of 34 stations, a loss of 16 in De cember. 1933. and a loss of 16.285 in December, 1932. For the year 1936 the company gained 106,614 stations against a gain of 23,905 In 1935. $9,000,000 TO BE SPENT. CHICAGO, January 6 (A>).—Presi dent L. A. Downs of the Illinois Cen tral System, announced the railroad would spend $9,000,000 for new equip ment, with bids being received now. Orders will be placed for 1.000 coal cars, 300 refrigerator cars, 1.800 box cars and 20 cars for mail and bag gage, a total of 3,120 units. -• MARYLAND CASUALTY PREMIUMS INCREASE By the Associated Prew. NEW YORK, January 6 —The Mary land Casualty Co. in 1936 showed a gain of $2,108,000 in net premiums, it was announced by Silliman Evans, president. The net premiums for the year were 39 per cent more than the figure for 1933 and within 17 per cent of the comp ny's 1929 high. -1 —- — NEW YORK BAR SILVER. NEW YORK, January 6 Bar silver steady and unchanged at 45. Stock and Sales— Dividend Rate. Add 00. High. Low. 2:55. Tol Edis pf A (7). 10. 111J4 11154 1UX Tr-Lux DPS t20c- 7 iX «X Trl-Contl C war... 1 25t 254 254 Tubiza Chatilllon- * 16 15H 16 TubizeChatl (A). * 61 6054 61 rung-Sol Lump n- * 854 *54 *54 Twin-Coach al.40. 28 1754 I6J4 17 Ulen & Co 7 V4 % pi * 754 «54 7)4 Unexcelled Mlg—. 15 4X 454 4X Unit Corp war_ 32 154 154 154 Unit Gae Corp- 206 10)4 10)4 10)4 Unit GaaC war... 67 3 254 254 Ualt Gas pf (13 54 > 8 11954 119 11954 Unit Lt A Pw (A). 158 9)4 854 9)4 Unit Lt APw <B>. 8 10)4 9)4 10)4 Unit Lt A Pw pf— *6 6854 *2 68)4 Unit Shtpyds B — 1 254 254 254 Unit Shoa M t254- 325a 98 92)4 »» U S Foil (B) (1)— 1* 1854 1854 1654 U S Lines pf- 9 254 2)4 2)4 O 8 Radiator- 7 8)4 8)4 8)4 U 8 Radiator pf— 75a 87)4 6754 67)4 U 8 Rub Reclaim- 2 754 754 754 U S Stores 1st pf— 10a 8 6 6 Unit Stores vtc— 11 1 1 Unit Verde Ex (1) 8 354 854 854 Unit Wall Paper . 23 454 454 454 UtahPALpf 12.9154 126a 68 6754 68 Utica GAE pf (7). 70a 102 102 102 Utilities Pw A Lt. 62 1)4 154 IX Util PwrALt <B). 5 3)4 8 8 Util Pwr A Lt pf- 1000a 22)4 31X 22 Utility Equities.. 2 454 454 454 Util Alnd (new)- 1 1)4 154 IX Utility A Indue pf 1 454 454 454 Venesuela Mex O. 1 754 754 754 Veuaxuala Patrol- 38 3 1J4 IX Waco Aircraft 1 854 *54 654 Wayna Pump (50o 16 86 86X 8854 Well’t’n Oil of Dal 38 13 11 13 WentWth Mf 1.20 3 28 37X *7X W Va Coal A Coke 2 454 4X 454 West Au Sup A t4 1080* 7454 TSX 74)4 W'nTabASta (tl) 1 11 II II Willson Prod (tl) 1 1* 18 M Wolverine Port C- 1 854 854 *54 Wolverine T t60c. 5 1 354 1*X 1854 Woodley Pot t40c. 3 9 *54 »X Wright Harg t40e 91 754 -X 7)4 Ygstn «tl Door tl 4 (8 65)4 C6 Yukon Gold(altc) « 254 2X 2X Dividend rates in dollar* baaed on last quarterly or semi-annual payment t An nual rata—not ineiudlnc extras, t Accu mulated dividends. a Paid this rear, b Paid last year d Companies resorted in receivership or being reorganised. NEW YORK STOCK EXCHANGE (Continued from Page A-lfl.) 3:16 c m. lO.lrt Btoek and Bales— Net High Low Dividend Rata. Add 00. Blah. Low. Close Chge. 62% 38% Wesson UASiTiOc). 8 61% 60% 60%-% 107 81% Weat Pa Eleo A (7) 40a 99 99 99 + % 102 87 Weat Pa Elec pf <•> 860a 96 95 95 -1 110 96 Waat Pa Eleopf (7) 100a 105 105 105 -% 116% 111% Weat Pa Pwr pf (6) 10a 115 115 115 -% 124% 116% Waat Pa Pwr pf (7) 80a 121% 120 121 12% 8% Weatarn Maryland. 7 9% 8% 9% + % 4 1% Waatern Paoifle- 4 2% 2% 2% 9% 5% Waatern Pacific pf. 15 7% 7% 7% + % 96% 72% Weat'n Union «a2> 8 79% 78% 79% — % 50% 34% Westinghse A B (1) 44 50% 49 49% - % 153% 94% Westb'seKl <a5%). 10 146 145 145%-% 33% 22% Weat’n El Inst a85c 11 28% 26 28% +2% 89 35% Weston Elec A (2) 110s 37% 37 37% + % 32 19% Waatvaco Chlor (1) 2 24% 24% 24%+% 35% 31% Weat vaco 6 % pf 1 % 3 34% 34 34%+% 39% 21% Wheeling Steel 20 39 38 38% 109% 84 Wheeling Stl pf(t6) 3 103% 103 103 28% 11% White Motor . 4 24% 24% 24%-% 17% 13% White Rk M 8(1.40) 1 16% 16% 16% 6% 3% White Sawing Mch- 12 6% 6 6 — % 2:16 o.m. 1036 Stock and Salta— w Nat Hixh. Low. Dividend Rate. Add 00. Hixh. Low. Close. Chae. 48 16 White SAW Mcb pf. 2 44 4214 4214-2*4 KVa 24* Wilcox OU A One... 16 6 444 6 + 14 11 644 Wilson A Co <60c)_. 201 9K 9*4 9‘4 + S 87 70 Wilaon Ac Co pf <f)_ 2 814* 8144 8144 +144 71 4444 Woolworth (2.40).. 12 624a 61% 62V* - 14 3644 2314 Worthington Pump 11 364, 3544 36 + 14 86*4 56 Worth Pump pf A... 40s 83 8114 8114 - IV* 79 63 Wrlgler W )r (VS). 4 75 7314 76 +114 23'/* 8»* Yellow Tr A Coach. 68 21H 2144 2114 163 V> 8314 Yellow TrAC pf 136 90* 129 128 128 65 42V* Young Spr&W (tl). 1 43*4 43*4 43** + *4 87** 41** Younga'tn SheetAT 12 76** 76 76V* — 14 42S 2114 Zenith Radio _ 5 34 34 34 + 14 94a 544 Zonlle Products 3 744 744 74a + 14 Approximate Sales of Stocks on the N. Y. Stock Exchange. 11:00 A M_ 490.000 12:00 Noon__ 820.000 1:00 P.M_ 1,130.000 2:00 P.M_1 430.000 Dividend rates as slven in tne aoove .sole eie *ne annuel seen payments basen on the latest Quarterly or balt-yeariy declarations. s Unit ot tradm* .ess than 100 shares, t Annual rate—not lneludlns extra* 1 Accumulated dividends, a Paid this year, o Paid last veer d Companies reported In recelverahlp or belns reortamsed. X Ex dividend. GENERAL ADVANCE IN OILEXPECTEO Possibility of Big Buyers Meeting New Boost Dis cussed by Trade. By the Associated Press. NEW YORK, January 6.—Major oil units kept the industry in suspense today on prospects of a widely expected general boost in prices of crude1 petroleum. Oil men were on the alert on the1 possibility big buyers might fall in line with an increase of 17 cents a barrel, effective yesterday, posted by the Con tinental and Barnsdall companies, operating chiefly in the mid-continent and Rocky Mountain areas, and one or two smaller units. Continental informed the trade a month ago it planned to raise the j crude price partly to cover rising operating costs. Informed oil men said the rest of the industry apparently was waiting to see if any of the standard units or other big interests would join the move. Might Be Delayed. I They Insisted a general advance of 12 to 15 cents a barrel was probabi" sooner or later, but might be delayed for a more opportune time. Crude oil stocks, they pointed out have been falling steadily and have reached the lowest point in the United States since 1922. Meanwhile, gasoline consumption has risen to new peaks. However, this was described as a ■ relatively slack season for the oil in dustry pending the usual upturn in; consumption with the approach ot ; Spring and improvement in motoring conditions. The last general advance was ported early in 1936. Another hike, oil men ! said, would put standard grades in tile midcontinent area around $1.25 a barrel. Daily Average Down. Daily average grass crude oil pro- \ durtion in the United States decreased 11,850 barrels in the week ended January 2. totaling 3.121.400 barrels, the American Petroleum Institute s weekly summary indicates. Daily average production east of California decreased 5,550 barrels to 2,539,100 barrels. Reports received from refining com panies owning 89.9 per cent of the estimated dally potential refining capacity, and which was operated at 79.1 per cent of potential, indicate that the industry as a whole ran to stills 3.1 JO.000 barrels of crude oil daily. The daily average for the previous week, based upon refineries represent ing 89.9 per cent of the total capacity and which operated at 77.8 per cent of their capacity was 2,955,000 barrels. ■ ..• Extra of 75 Cents Ordered by Board Of R. H. Macy & Co. By the Associated Press. NEW YORK, January 8—Di rectors of R. H. Macy & Co., New York department store, today declared an extra dividend of 75 cents a com mon share, payable January 25 to stock of record January 16. Directors of Rose's 5. 10 & 25 Cent Stores, Inc., declared a quarterly dividend of 75 cents a share on the old $5 par common stock, or 15 cents on the new $1 par common, payable February 1 to stock of record January 20. Stockholders recently approved a 5-for-l split-up. • Previous dividends were 50 cents quarterly on the old stock paid No vember 2 and $2 extra paid Decem ber 20. The company operates stores in the Southeast and has headquarters at Henderson, N. C. SPIEGEL ANNOUNCES DIVIDEND OF 25 CENTS CHICAGO, January 6—Spieeel. May, Stern Co,, Inc . declared a quar terly dividend of 25 cents a share on the new common stock today, pavabl” February 1 to stockholders of record January 15. This will be equivalent to $5 a share annual rate on the old common stock, which will be split on a five-for-one basis, effective January 8. The old shares were on a S3 annual basis, with an extra of $2 paid in December. The company’s name will be changed to Spiegel, Inc., effective January 8. 50 TONS OF LEAD SOLD. NEW YORK, January 6 (A5).—The St. Joseph Lead Co. reports that 50 tons of pig lead from Southeast Mis souri mines were sold yesterday at $5.85 per hundred pounds, St. Louis. REAL ESTATE • LOANS • NO COMMISSION OR RENEWAL FEES Monthly Payments as Low as $7.50 Per $1,000 Consult us if you wish to obtain money to help you Build, Refinance or Modernize Tour Home. ENTERPRISE BUILDING ASSOCIATION 7th St. and Indiana Avenue N.W. MEMBER OF D C BUILDING AND LOAN LEAGUE MEMBER OF U 8 BUILDING AND LOAN LEAGUE MONEY IN CIRCULATION 1 DROPS AFTER HOLIDAY By the Associated Preaa. NEW YORK, January 6.—Another ! Christmas over, volume of money in | use dropped sharply in the latest week. This return flow of funds was the normal aftermath of the holiday sea son, bankers said, accompanying re ! duced cash requirements of buyers in all classifications. Money circulation, reported by the Federal Reserve credit statement, j compared as follows: I Week ended Dec. 30.. $6,550,000,000 Previous week_ 8.680.000.000 Same period last year.. 5,882,000,000 ELECTRIC POWER Actual Production Drops 0.6 of 1 Per Cent From Previous Week. By the Associated Press. NEW YORK, January 6.—The As sociated Press index of electric power production, with 1929-1930 taken at 100, declined for the week ended Jan uary 2 to 117.9. from 118 8 the previ ous week. The index, which Is adjusted for seasonal and long-term trend, stood at 105.5 a year ago. The range for recent years follows: 1938-37 1935 1934 1933 High .119 8 105.5 97 4 91 9 Low .102.0 94.1 91.9 *0.2. Actual output, as reported by the Edison Electric Institute, amounted to 2.069,266.000 kilowatt hours, a decline of .6 ot 1 per cent from 2,080.954.000 kilowatt hours in the preceding week. Because of calendar conditions which threw comparisons out of line with the past year, the Institute did not con trast production in the latest week with that of a year ago, but announced that, If compared with the week ended January 4, 1936, data for the current week indicated an increase of 11.0 per cent over last year. Percentage changes by geographic regions were not av ailable due to tTr interruption of ordinary report in: methods occasioned by the holida's. LOANS ON IMPROVED D. C. PROPERTY Immediate attention on your ap plication for buying, rebuilding or refinancing. Loans payable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. Equitable Co-operative Building Association 913 F STREET N.W. Organized 18*9 i CONTROL He mast watch his instrument panel very care t folly to be sore that everything is under control. Many individuals consider a checking account the equivalent of the pilot’s instrument board, for it is the medium through which they control their finances. By depositing all income and pay* ing all bills by check, a complete record of in* come and outgo is maintained. A checking account at this bank will give you similar control over your money matters. McL,achlen Banking Corporation Since 1891 TENTH AND G STREETS, N. W. S. W. Branch, 12th and Maryland Ave. S. W. Member Federal Deposit Insurance Corporation This advertisement is not and is under no circumstances to be construed ee en offering of these^ shares for sale or ee m solid to tion of on offer to buy ony of such shores. The offer inf is mode only by the Prospect us. New Istmo 547,788 Shares Consumers Power Company $4.50 Preferred Stock Subject te the prior purchase right of tho holders of record on January 4,1117 of tho Company’s outstanding preferred stock. Price $100.50 a share plus accrued dividends from January 1, llJTi Copies of the Prospectus may ba obtained from any of tha undersigned. Bonbright & Company The First Boston Corporation Brown Harnman & Co. Edward B. Smith & Co. Lehman Brothers Blyth & Co., Inc. E. W. Clark & Co. Stone & Websterand Blodget Mellon Securities Corporation Goldman, Sachs & Co. Kidder, Peabody & Co. Harris, Hall & Company (iMWMrmtad) Lee Higginson Corporation Hayden, Stone A Co. J. A W. Seligman A Co. Spencer Trask & Co.