Evening star., 1947-07-09
Unlisted D. E.. Issues
Show Few Chances
In Second Quarter ,
by Edword G.. Stone

Capital securities sold over the
counter registered comparatively
few price changes in the second
quarter. more stocks being lower
than higher at the emo of the period.
Bonds were practically unchanged.
! Dealers reported that trading In
most of these issues was dull during
the three months. While no sales
reports are MADE, they believe
Washington Railway ~ Electric
Units were in the most active de-
mand. The Units are now quoted at
1884 bid, with IS asked, lower than
at the beginning of the quarter.
Bank stock quotations showed two
or three advances while other issues
sold of. Anacostia National ended
June with 200 bid: City Bank carried
a bid of so, up two points. Hamilton
National, 521a bid; Munsey Trust,
40; National Metropolitan. 80: Sec
ond National, Ill; Security Savings
IL Commercial. 2l0.
Barber & Ross preferred at 80. Mer-
chants Transfer 81 Storage preferred
at Ill, Seaboard Finance preferred
at SO and some miscellaneous issues
made slight price gains during the
quarter. District Theaters, one of
the newer issues in the list. sold of
Washington Baseball Stock ended
June with IS bid, unchanged, the
survey shows.
D. G. Banks Vote Dividends.
Directors Of the National Savings
IL Trust Co.. have declared the regu-
lar quarterly dividend of 81 per
share, PAYABLE August l to stock
holders of record July %. Bruce
Baird. president, announced today.
Riggs National Bank directors
Yesterday declared the usual quar-
terly SO. payable July Is to holders
of record July 8. Robert v. Fleming,
president. announced. The board
also voted So quarterly payable
October Is to stock of record Sep
tember 30.
Hamilton National Bank directors
have declared a quarterly dividend
Ct s5 cents. payable August to
holders Of record July %, President
w. J. Waller announced TODAY. The
par value of the stock is $40 per
share
Drug Sales In May Decline.
Net sales of Peoples Drug Stores,
Inc. for the month of June totaled
s3,594,134 compared with s3,649,674
in June, 1876, decrease of s55.540.92
or is per cent. w. H. Churchill,
treasurer, announced today.
Sales in the first six months
amounted to 22,1o1 1853 against 500
563, ,3o1 in the like 1916 period, an
increase of 81, ,538,662 or rs per cent.
During June the company oper-
ated 1876 stores as compared with
1872 in June, 1916.
Jupe Bond Approvais Tumble.
The voters of 173 communities In
~ States authorized issuance OF
$40 500, 200 OF municipal securities
during June, according to the Daily
Bond Buyer. The total for June OF
1s46 was 1886 ,s81 .870. The figure for
Nav of this year was s20l ,539 ,617
Increases in both revenue psssen-
ger miles and cargo ton-miles and
a slight drop in air mail ton-miles
flown by United Air Lines during
the first six months of l947 as COM
pared with the same period of a
year ago were reported today.
Ralph A. Meyer. for seven years
with the retail division Of w. l..
Stensgaard Il Associates, has been
appointed sales director OF Bert M.
Sarazan, Inc. advertising firm, it
was stated here today. He will open
New York office and make his
headquarters there. ...-.
Don LOTUS, Washington real
estate developer, was elected di-
rector OF Investors Syndicate OF
America, Inc. subsidiary OF In
vestors' Syndicate. in Minneapolis
Yesterday