Evening star., 1940-05-16
Extra and Regular Voted

Extra and Regular Voted.
Directors of the Lincoln Service
Corp, industrial bankers located in
the Woodward Building, yesterday
declared the regular quarterly divi-
dends' of Ia per cent on the 6
per cent cumulate participating per-
ferred stock and IA per cent on the
per cent cumulative prior pre-
ferred stock, both payable June
IL to stockholders of record May
81, it was announced today by
President Charles Delmar.
The directors also declared an
extra dividend of 25 cents per share
together with the regularly quarter
ly dividend of Is cents per share
on the common stock of the corpo-
ration. These dividends are also
payable on June IL to stock of
record May 81.
Baby Bond Sales Climb.
Secretary of the Treasury Henry
Morgenthau, jr, announces that the
total sales of savings bonds through
March 81. 1910. aggregated in ma
turity value more than $3.860, ,273,-
ATS, and that purchases have been
made by approximately 1,987,374 in
vestors. The total represents average
purchases of s., ,495 1925 for each busi-
ness day since March l. 1885, when
these bonds were first placed on sale.
Deducting bonds redeemed, the ma
turity value of savings bonds out
standing on March 81, 1910, was ap-
proximately $3,495, 1913 900.
Direct by mail and post Office pur-
chases from New York give that city
the lead for the Nation and for the
flrst-class post Offices. New York's
cash purchases for the period were
SCI, ,116,881 (maturity value $8l, 49,
l75).
Insurance Officers Elected.
The managers section of the Dis
trict Life Underwriters Association
elected these officers for the coming
year at the annual meeting just
held:
I John D. Marsh, general agent,
Lincoln National Life Insurance Co.,
president; Theodore w. Cook, gen.
eral agent, National Life of Ver-
mont, vice president; James A. De
Force, general agent, Continental
American Life, secretary and treas
urer.
( Armand Durand, manager, Wash
hgton office of the Connecticut
General, was president during the
past year. The section takes up
many problems pertaining specially
to insurance management.
Connely Heads Campaign.
Emmett F. Connely. aggressive
head of the Investment Bankers AS
sociation, has been made head of the
public information program adopted
at the meeting of the Board of Gov
ernors just concluded at White Sui
phur Springs, it was reported here
today. He will become the associa-
tion's full-time paid executive and
will obtain leave of absence from
his position in Detroit.
Y. E. Booker and j. Clifford
Folger. Washington members, have
returned from the spring meeting,
reporting it one of the best in years.
Today's Trading on Exchange.
The Washington Stock Exchange
opened today with 10 shares of
Lanston Monotype selling at 2711.
Twenty-Five shares OF Capital
Transit sold at 1885, a new low
for recent market sessions.
The days largest transaction was
a 50-share sale of Washington Gas
common at 24h, of " from yes
terday's close.
The bid for Mergenthaler Limo
type has come down in recent ses-
sions to 1914, with is asked. The
stock has been selling of in Boston.
About $50 Washington bankers
will dine at the Columbia Country
Club this evening when the annual
81 s dinner takes snlace.