Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-30
MILLION DOLLARS
PAID IN DIVIDENDS
Banks, Railroads and Industrial
Corporations Make Semian-
nual Distribution.
SHOWS PROSPERITY OF CITY
Checks to Be Mailed Tomorrow
on Par With Record-Breaking
January Dividends.
SHOWS PROSPERITY OF CITY

Dividend checks TO he mailed out
Tomorrow by Richmond banks. insur-
ance companies and industrial corpora
tions to stockholders out of the earn
ings Of the past six months aggregate
more than 100000, and are on pal
with the payments made January /
which were the largest in the history
OF the city. Announcement of the
dividends was made yesterday.
The bank dividends. denoting the
growth of the city and the prosperity
OF its banking institutions. as we'll as
its commercial activity. amount to
s32s,377.50. which is substantial In
crease over the payments made las,
Iui". although slightly less than those
declared six months ago. The decrease
is caused by the fact that one institu.
ton on January l declared an extra
dividend Of 5 per cent TO It's stock
holders after realizing on an old
claim.
DIVIDENDS WHICH
HAVE BEEN ANNOUNCED
Dividends were announced yesterday
as follows:
American National tcapi
ital sl.oOO,ooo). quar-
terly dividend OF per
cent 10000 %
Bank of Commerce and
Trusts Capital s250.o00).
semia nnual dividend of
per cent .............. 800 90
Broad Street Capital
soOO.0oO). semiannual
dividend Of per cent.
payable August 20... 5000 %
Broadway National (capi-
tai s200.ooQ), new insti-
tuition: profits devoted to
surplus.
Central National Capital
s35e,o0o), semiannual
dividend OF IL per cent $3.50 OF
Church Hill Capital $780,
G90), semannual divi-
dend OF per cent. $50. 1000 oC
Commercial Guarantee Co.
Capital s2O,ooO). semi
annual dividend Of )
per cent .............. 600 oC
Fidelity Loan and Savings
Co. Capital sl0o. .Ooo).
fourth consecutive semi
annual dividend OF per
cent ............... 5000 oC
First National (capital s2.-
oo0,000). semiannual div
idend of per cent. ...... 100, 900 oC
Ma nchester National ,capi-
tai Si50.000); directors
have not acted.
Mechanics and Merchants
capital Sl00,000). semi
annual dividend Of per
cent 5000 90
Merchants National (capi-
tai s200,o00). semiannual
dividend OF 10 per cent. 10000 0O
National State and city
Capital sl.0oo.oo0), semi
annual dividend of 1-2
per cent ............ $4,000 oC
Old Dominion Trust Com
pany Capital s1,ooo.0oo).
quarterly dividend Of
! 1-2 per cent " $4,000 oO
Planters National Capital
100000, semiannual
dividend Of 10 per cent 10000 90
Richmond Bank and Trust
Company Capital $780,
000). semiannual divi-
dend OF l2 per cent. $500 90
Richmond Trust and Saw
ings Company Capital
S1.0C0.o00), quarterly div
idend of l per cent. ... 10000 90
Savings Bank of Richmond
Capital s2O0.000). semi
annual dividend of per
cent 10000 90
Union Bank OF Richmond
Capital so19,750). semi
annual dividend Of per
cent ..,................. 1917 so
South Richmond Ranl,
Capital S1O.000). new in
stitution; profits devoted
to surplus.
Virginia Trust Company
Capital 1000, ,oo0). semi
annual dividend Of per
cent .................. 10000 90
West End Bank Capital
S25,o00). semiannual div
idend of 3 per cent. w $50 90
Total bank dividendss 32S377 so