Show UTILITIES SAo SAG SAGON ON CURB MART MARl NEW YORK Jan 4 UP UP UP Reflect Reflect- t. t ing ng nervousness Inspired by President dent Roosevelt's remarks on the pow power er ef an and light industry in his message to congress public utility shares encountered encountered encountered en en- countered new nev liquidation on the the curb market Friday Pressure was heaviest In the preferred pre pre- preferred group Columbia Gas preferred broke 4 43 4 points to 61 senior shares of American Gas and Ele Electric tri Bond and Share were down nearly one point each and smaller losses took place in common stocks Motors sagged following a sinking spell in Ford subsidiaries and profit profit- taking forced fractional setbacks in major alcohol issues Oils OiL were dull and irregular while moderate gains took look place in Pepperell Manufacturing ing New Jersey Zinc Parker Rustproof Rut Rust proof and a a few other specialties Merchandising shares rallied as M Great Atlantic Pacific climbed 2 24 points to |