Evening star., 1931-12-28
DIVIDEND PAYMENT
TO Be LARGE HERE
Local Corporations Will Dis.
burse Considerable Sum
Over Year End.
BY EDWARD C. STONE.

LbN hhtD ~ - OANA'
Dividends are soon to be paid out in
large sums to local investors by cor
porations having securities listed on the
Washington Stock Exchange. In addi-
ton to these disbursements a large
amount Of bond interest will also be
paid during the next few days, 1t
being estimated that the total amount
on the two classes of investments will
reach more than Sl.50O,000 1t is also
stated that between $3.50, 1000 and $780,
900 will be distributed by local securities
which are not listed on the exchange.
Among the dividends already declared
will be a payment by the National Met
ropolitan Bcnk CT 2 per cent extra on
January to stockholders OF record
December %.
The Merchants Transfer g. Storage
Co. will pay a $3.50 dividend on the
common stock and Sl,75 on the pre-
ferred on January to stock OF record
December 81.
The United Savings Bank will pay
the regular quarterly dividend OF 712
per cent on December 81.
The Potomac Savings Bank pays It's
regular semi-annual dividend Of per
cent on December 81 to stockholders OF
record December 81.
The regular Semi-annu7l dividend OF
per cent viii b. paid by the Bank ot
Commerce T. Savings January l to
stock OF record December 20.
other Disbursements Coming.
Directors of the Lincoln National Bank
have voted the regular semi-annual
dividend of per cent, payable January
/ to stock Of record December Il.
The District National is scheduled
4hn ,,e1ta1 lartpTlV dividend OF
per cent on December 81 to share
holders on December 81.
The Columbia Title Co. distributes
sen1i-annual dividend of per cent ana
a per cent extra on December 81 TO
holders of record December 20.
The Capital Traction Co. is to pay a
dividend of so cents per share January
/ to stockholders of record December IA.
The Bank of Bethesda will favor It's
stockholders with the regular semi
annual dividend of per cent December
81 on stock held on December is.
The American Telephone g. Telegraph
Co paws a regular S2.25 quarterly divi-
dend on January Is to stock OF record
December 10.
The Real Estate Title Insurance Co.
will distribute the regular per cent
sen1i-annual dividend and an extra OF
2 per cent on December 81.
The Real Estate Mortgage g. Guar
anty Corporation is to pay the semi
annual dividend of per cent December
] to shareholders on December l9.
Directors of the Carpet Corporation
voted a dividend of so cents per share
to be paid January l to stockholders OF
record December 81
Payments by Other Concerns.
Mergenthaler Linotype Co. will pay
the quarterly dividend of 81. so share
on December 81 to stockholders Of rec
ord December 2.
The Union Trust Co. paid 2 per
cent extra on December l6 and pays
the regular per cent quarterly on
January l5.
Columbia National will disburse the
regular quarterly Of SO per share on
January 2 to shareholders OF record
December 81.
The Federal Storage Co. has voted
the regular quarterly dividend of 81
a share, payable January Is to holders
of record December 81.
Terminal Refrigerating & Warehous-
ing Corporation is to pay the regular
serni-annual dividend of Sl.50 a share
together with an extra of rs cents per
share on December 81 to stock OF rec
ord December l9.
The Commercial Nationals regular
dividend of 2la per cent is due to be
paid on Januery to shareholders OF
record December is, having oeen oe-
clared few days ago.
Two Medical Building Dividends.
Directors of the Washington Medical
building Corporation have voted the
serni-snnual dividend of 3 per cent,
PAYABLE on December 81.
The Columbia Medical Building dl-
rectors Rave declared the semi-annuai
dividend Of per cent to be disoursed
on December 81.
The National Union Fire Insurance
Co. will pay a semi-snnual olVloeno Oh
8 per cent December 81 10 StocK Oh
record December 81.
THE Norfolk & Washington Steam
boat Co.'S quarterly dividend will be
paid January to shareholders Decem-
Der %.
The East Washington Savings Banks
semi-annual dividend Of per cent VIII
he paid December 81, stock OF record
December "a.
Columbia sand e. Gravel pays s1.75
on the preferred stock December IA and
Fmerson's Bromo-Seltzer, Inc pays
dividends on January ?. National
Mortgage g. Investment preferred does
the same on January ~.
AS noted in Saturdays Star, the Sc
eurtty Savings e. Commercial Bank and
the National Capital Bank have Just
voted their dividends due at this time,
and several other local banks will take
similar action in a few DAYS.
The Federsl-American National Bank
a. Trust Co. has voted the regular divi-
dends: the Federal-American Co. has
also declared the payments due at THIS
time. The Firemen's Insurance Co. OF
washington and Georgetown is paying
the senli-annual dividend Of per cent
on January 2, and the Seventh Street
Savings Bank will disburse the semi
annual Sc dividend December 81.
Today's Trading on Exchange.
In light trading on the Washington
Stock Exchange today. Washington Gas
Light SIS sold at 100 for 81, 900 bond,
Gas SIS, series B, moved at par.
twenty shares Of Potomac Electric
Power 5i2 per cent preferred came out
on the board at l02 z.
In the unlisted department, 1000
Army and Navy Club SIS changed handS
az 95
Today's sheet shows 33 stocks soon to
pay dividends.
Heard in Financial District.
The Pennsylvania TO-DAY reported q
net operating income for November OF
$3.50 89l, against S. 480, ,442 in NoVem-
Der, 1890, and S7.389 9S6 in November,
1929. Net for the first II months Of
1881, amounted to s48.l36,625, COM
pared with a net operating income Of
$68 505,l47 in 1880 and S129 432, ,504 in
1929
neutrality-suspicious. Corporation has
determined not to declare the regular
$l,75 quarterly dividend for January /,
1882, on the 7 per cent cumulative pre-
ferred stock of the corporation.
For the week ended December 20
money in circulation increased Sl55. -