The Washington herald., 1921-07-13
USUAL DIVIDEND
DEcLAREDBYD Dc.
TRUST COMPANY
rS -
Washington Loan & Trust
To Pay 2119o Disburse-
ment on August 1.
LOCAL ISSUES DULL
w. r. & E. Responsible for
Practically Entire Local
Trading.
LOCAL ISSUES DULL

At the regular meeting of the
Washington Loan and Trust Company
held recently the usual quarterly
dividend of 2iS per cent was declared
on the stock of the company, payable
on August Ito stockholders of re-
cord July 23.. This will be the 116th
dividend paid by the company, and
will mark the third disbursement on
a 10 per cent basis, the rate having
been increased from 8 per cent dur
ing February of last year.
Local Securities.
Public utility bonds again repre-
sented the bulk of trading on the To-
cal stock exchange yesterday. Wash
ington Railway general IS occupied
the Hmelght with total sales of $15.-
900 at '92A, made mostly in $1,000
lots Potomac Electric consol IS fol-
lowed with $1,000 at IS, while an
equal amount of Washington Rail-
way As were disposed of at SIS
The stock list was practically for
gotten. five shares of Lanston Mono
type at "A being the only issue to
register activity.
Lending banks continued to ask
high rate for call money funds, per
assurances Election.
At the annual meeting of the
stockholders Of the National Union
- Insurance Company of Washington.
held at the offices of the company,
91S street, the following board of
directors was chsen: Charles B.
Bailey. Thomas Bradley. Floyd Davis
Albert F. Fox, ". T. Galliher. John
b Larner. Philip F. Larner, Walter
s. Pratt, jr., B. F. Saul, George
Spransy, John c. Weldon and ]. Leo
Kolb-
The board organized by the cleo
tion of the following officers: Albert
r Fox, president; Charles B. Bailey.
vice president; B F. Saul, vice presi-
dent: Philip F. Larner. secretary. and
William H Somervell. assistant sec
retary-
Captain Julius Peyser, president
of the Security Savings and Com
merciaI Bank will shortly leave for
q ten days trip to Maine to visit his
son
r. q Addison. jr.. vice president OF
tho Security Savings and Commercial
Bank. accompanied by Mrs. Addison
win accom- ,any the delegation at
tending the annual convention of
the American Institute of Banking.
to be held in Minneapolis this year.
Maurice D. Rosenberg. president
of the Bank of Commerce and Saw
ngs Is contemplating Tonth's
lmotor trip to the Thousand Islands.
He win be accompanied by his fam
ily.
E L. Hn,yer, vice pr~sient of the
Union Trust Company has returned
to Washington after an extensive
vacation, spent motoring through
New England territory.
E C. Brandenburg has been elect
ed to the board of managers of the
Mutual Fire Insurance Company of
the District to fill the vacancy
caused by the recent death of
r. Harrison Johnson.
The board Tow consists of the fol-
lowing: W. A H. Church, B. F. Saul.
James T. Petty. c. Kattelmann. Capt.
James F. Oyster, l.. Pierce Boteler.
Prince Georges Bond Issue.
Baltimore bankers will submit bids
on the issue of 5 per cent thirty
year school bonds. which Prince
Georges county, Maryland, will sell
on July 19. This is the second issue
brought out by the county. the first
being S66.OOO 5 per cent road i'm
provement bonds. which were sold
to the Mercantile Trust and Deposit
Company on bl2 per cent basis.