Evening star., 1942-09-23

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Impressive yields running as high
as 10 per cent a year are being
returned by some issues listed on
the Washington Stock Exchange.
while every stock on the board Is
paying a dividend of some kind, &C
cording to a market survey made
today. The situation provides q
marked contrast with the New York
exchange, where host of issues are
paying no dividends whatever.
Mergenthaler Linotype tops the
Washington list in yields, returning
1896 per cent on sales at 361a. Next
comes Carpet Corp, a food distrib-
uting concern, which Is now selling
at $40 per share, paying 50 q year
and yielding 10 per cent. Third in
the list Is Washington Gas Light
common, which at 16 yields 9.23 per
cent.
Peoples Drug Stores common Is
close to Gas common, with yield
of 9.19 per cent on sales at, 1871.
Garfnckel common now yields $50
per cent and the preferred 5.35 per
cent; Lanston Monotype, 4.30 per
cent, and Lincoln Service prior pre-
ferred, 8.75 per cent National Mort
gage g. Investment preferred. at AZ,
returns 8.88 per cent.
Other High Yields Noted.
Real Estate Mortgage g. Guaranty
preferred yields 6.66; Security Stor-
are, 5.71, and Terminal Rafrigerating
& Warehouse Corp, 6 per cent. Two
other stocks in the miscellaneous list
are woodward & Lothrop common,
on which the present yield Is 1865
per cent and the preferred which re-
turns $50 per cent to the investor.
Capital Transit, most active pub
lie utility stock on the exchange,
now yields 5.25 per cent; Norfolk q
Washington Steamboat Co., 4; Po-
tomac Electric Power per cent pre-
ferred. $40; Potomac 5h per cent
preferred, 482; Washington Gas
$3.50 preferred, 4.7s; Gas 5 per cent
preferred, 1885, Railway common,
6.66, and Railway preferred, 4.46 per
cent.
The highest yield on any bank
stock which has figured in this years
trading is National Bank of WASH
tngton. 5.88 per cent. National Capt.
tai yields $40; Liberty National, 3.51;
Riggs National common, 4; Riggs
preferred, 1872; American Security,
4.30; National Savings & Trust, 2,
and Washington Loan 8s Trust, 1
per cent, at present levels.
League Bond Drive Planned.
Representatives from building and
loan associations, meeting yesterday
at the Raleigh Hotel voted to sup
port the District War bond drive.
Edward G. Baltz, secretary OF Per-
petual Building Association, said the
national body has set up a goal Of
500, 100000 for the country at large
with the quota for Washington,
| $3,082,0O0.
Mr.. Baltz reported many local
units had subscribed literally to the
series F and G bonds but to meet the
commitment promised the Treasury,
quick action by these associations
and others should be taken as the
drive to reach the figure set expires
on December 81
Clarence E. Kefauver, presiding,
appointed committee to work up
plans for building and loan,rally at
which Government officials will
speak. It is planned to have din
ner meeting with guests limited to
officers and directors of the IS build
ing and loan associations comprising
the local league.
Members expressed regrets at the
illness of the league president, Will
fred H. Blanz. who will undergo an
operation.
Capital Transit at New Peak.
Capital Transit stock was strong
on the Washington Stock Exchange
today, 10 shares selling ex-dividend
at "a, new high for the year.
! Mergenthaler Linotype figured in
10-share sale of 81 ex-dividend,
also new high mark in recent
sessions.