Evening star., 1945-06-11
kergenthaIer Tops
LIST Of Good Yields
On D. T.. EXCHANGE
BY EDWARD C. STONE.


Among many exceptionally good
yields on the Washington Stock Ex-
change, Mergenthaler Linotype. SELL
ing at 10, tops the list with re-
turn Of TIA per cent. Lanston
Monotype, at 66, stands second,
yielding 606 per cent, while the
yield on National Mortgage & In
vestment preferred. which pays IS
cents, Is practically the same.
Garfinckel common yields 307.
Garfinckel preferred 5.04, Hecht
common around 4.80, Peoples Drug
4l0. Terminal Refrigerating g.
Warehouse 5.88 and Woodward g.
Lothrop common 3.73. The National
Bank of Washington heads that
group with yield of 4.16 per cent.
In the utilities group the best
yield at present is on Capital Tran
sit, 553, followed by Washington
Gas common, $50. Railway Elec-
trio common returns 5.45. Potomac
Power 6 per cent preferred Sal,
Railway and Electric preferred 409,
Potomac Power 51a preferred 4s7,
Gas $3.50 preferred AIS and the
s5 preferred 449 Yields on bonds
are lower, Capital Transit As head
ing the list with return of 3.65
per cent, following by Georgetown
Gas SIS, returning sos,
Oriental Officers Elected.
Chaplin B. Baunan has been re-
elected president of the Oriental
Building Association, Ralph A. Zan-
der secretary and John George Kolb
treasurer, it was announced today
Directors for the coming year are
John j. Kolb, Mr.. Bauman, Thomas
D. Young, Louis C. Dismer, c. Albert
Parker, Ralph A. zander, John
George Kolb, Dr. Frederick H. More
hart, Frederick w. Schneider, Will
liam H. Grass and E. P. Knollman.
The report of the secretary show
ed that resources OF the veteran m
stitution have passed the $500, 900
mark for the first time.
Safe Deposit Election Is Tonight.
Members of the Safe Deposit Sec
ton of the District Bankers Asso-
citation will hold their annual meet
ing and election of officers this eve
ming at the Mayfower Hotel. The
program starts with q. reception at
$50. Several officers of the bank
ers' association will attend
Wilmer j. Waller, chairman of
the District War Finance Commit
tee, is working day and night to put
the Seventh War Loan drive over
the top. He is particularly concerned
over the lag in the sale of E bonds
and is devoting all his time to push
ing these sales. Other quotas are
being met satisfactorily.
Capital Bank Votes Dividend.
Directors of the National Capital
Bank have voted a semiannual divi-
dend of 4 per cent, equal to 40 cents
per share. payable June 80 to stock
holders OF record June %, President
George A. Didden, jr., announced.
State and municipal financing
during May totaled $36 ,225, TIA, COM
pared with $166, ,i37 .566 during May,
1914, the Daily Bond Buyer reported
The event of the Seventh War Bond
Drive curtailed many new issues.
Washington members of the In
vestment Bankers Association have
just received the annual Blue
Book" which contains a complete
roster of all officers, governors, COM
mittees and members of the organi-
zation.
B. M. Kaiser has been appointed
truck sales manager in this area for
the International Harvester Co.
The new system of check routing
symbols adopted by the Federal Re-
serve Bank has been approved by
banks in So cities, the ABA reports