New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1915-07-22
COLTS ARMS HOLDS
HIGH PRICE Well
Local Interest CenterS in North
80
: and Judd at 116.
FURNISHED by Richter &

(Furnished by Richter & Coz
Local interest still centers on tns
two stocks which are most dlrecliS
benefited by the war in this sectioh
namely Colts Arms and North y
Judd Quotations on both OF these
!. stocks remain practically unchanged
although Colts had a slight advance
earlv in the week to 400, but stock
is now quoted 453 bid, 457 asked
The critical condition in the Arms
factories IN Bridgeport has hadssomc
sympathetic influence on the market
of Colts stock, however, we under
stand that the employees In the Hart
ford plant have been treated very
fairly and arc satisfied with their
position at the present time. There
is very little possibility of a strike
at Colts.
North Il Judd remains the same
at LIZ BID. 116 asked with recent
sales ranging between the bid and
asked prices The other New Britain
stocks are quiet Very few sales nave
taken place although prices hold frhi.
! American Hardware is quoted ~,
J bid, 126 asked, Stanley Works. . Z Y
bid to 81, LaIders, Frary & ClaTK,
Sc to 81 New Britain Machlne
sc to 69.Fand American Hosiery To-
to 1856. There has been slight ad-
vance in Traut e. Hine and Union
manufacturing company. The former
is quoted AZ bid, SO asked, There -
very little Union manufacturing COM
pany stock in the market, and stock
lis Quoted 65 bid, 81 asked.
New Departure q Feature.
OF the Bristol stocks New Depar-
ture Common has been the feature,
and has advanced from 138 bid to
III bid, and there is no stock offered
at the present time under 142 IL
Bristol Brass holds firm at As bid,
~ LIZ asked Eagle Lock is strong
and has sold from SO to 81. Bristol
re Plainyille Tramway company stock
is offered at 165, and New Departure.
Preferred at los.
The Hartford Life Insurance conf
pany stocks are in good demand. Sales
of Aetna Life have ranged from 4S3
to 4S5. Aetna Life Rights are quoted
So bid, 35 asked Particular strength
is shown in Travellers, and recent
sales, have ranged from 63 to IS.
Aetna Liability remains the same at
$40 bid. $50 asked, and Connecticut
General is quoted at $50 bid $50
is also bid for Hartford Steam Boiler.
and there Is little stock in the
market At $50.
Fire Insurance Stocks.
The Fire Insurance stocks are slow
" working higher. $50 is bid for
Aetna. 725 for Hartford, 345 for Ma
L ticnal, and $50 for Phoenix with
sales slightly above the bid price.
Recent sales uf Standard Fire have
beensat 81 per share.
Hartford Gas has been strong and
is selling now at 81 shares. Sales
of Haatford Electric Light company
stock have been at 275.
There has been quite a little de-
mand for Niles Bement-Pond Conn
mon stock. This is stock which
has been known only to a few in
this section up to the present time.
The eonpeny controls the Pratt 81
Whitney company and four or. Ave
other similar plants around the coun-
try. The whole com bination is per-
haps one OF the largest producers Of
machine tools and machines adapted
to the manufacture of munitions OF.
war in this country. The company
has $3.00o,000 Preferred stock out :
StdlluiuS anu PC. UU,VUU sOOmInOn,s a nd
as an example of the business they.
are doing, the Pratt & Whitney COM
pany alone shipped $500, 900 worth Of
goods last month. The Pratt Il
Whitney company is reported to be
earning enough to pay the dividend
On their own preferred stock, So.
100000 Of which is outstanding. the
dividend on the preferred of Niles
and anywhere from 8 per cent. to 10
per cent. on Niles common. Earn
ings Of the other plants will largely
increase the earnings applicable to
>qiv1dends on Niles Common stock
The company is conservativeIy man
aged and no dividends have been paid
on Niles Common stock since. 1909.
and none is expected until early ID
1915. At that time, however, il Is
expected that stockh olders will be
greatly benefited from the large IN
crsase in business, and it is on sthis
account that there has been great
deal Of buying of Niles Common.
which is now quoted ia IL bid.
5 IL asked. The 6 per cent. Pre-
ferred stock of this company siss SELL
ing at 80, and Pratt & Whitney Pre-
ferred at 103.
1W0 MEN NIEn