New Britain herald., 1916-06-22
WAR ID STIMULATE
 THE LOCAL MARKET
Mexican Situation Not Expected to Affect Manufacturers Adversely
Furnished by Richter & Co.,,

Furnished by Richter & Co.)
 The local market has been very quiet for the past two days, due no doubt to the Mexican situation and resultant quietness in the New York market. We see no reason, however, why our local manufacturing com panies should be adversely affected by any war with Mexico, in fact it will no doubt stimulate general business.
 As today is the last day to make subscription to the new Bristol Brass stock there was very little trading in the rights and they closed at bid, [ 1-2 asked. Stock is now quoted 65 bid, 67 asked American Silver has shown a somewhat stronger ten oency. due no doubt to the rumor that the dividend will be increased from a per cent. basis to a per cent. basis in July. Recent sales have ranged from 28 to 30.
 Landers, F'rary & Clark has been firm with sales ranging from 70 1-2 to 71 1-2 New Britain Machine has also been stronger with recent sales st 86 and 87. At a meeting of the directors, held yesterday a 1-2 per cent. regular and 1-2 per cent extra dividend was declared, payable July 1. American Hardware is 136 bid, 137 asked. and Stanley Works is S4 bid, 86 asked. Stanley Rule & Level is strong, 425 being bid, with recent sales at 43O. On the announcement of the North & Judd Stock dividend, stock has reacted somewhat and is quoted 1O8 bid, 112 asked. There have been a few sales of the rights which are quoted 6 bid, r asked. As it takes four rights for the privi- lege of subscribing to one new share of stock at par ($25) new stock will stand the purchaser in at 93 per share.
 Eagle Lock is stronger, and is quoted 71 bid, 72 asked. Peck, Stow & Wilcox is somewhat stronger and IS quoted 32 bid. 35 asked. Niles Bement-Pond common stock is quiet with stock offered at 173. Standard Screw has reacted somewhat from it's recent high price of $50 and is now quoted 33S bid, 342 asked. New Britain Trust company has recently authorized an increase of capitaliza- | tion from $20O,000 to $400,000. | Stock will be offered to present holders as a 100 per cent. stock divi dend, they having the privilege to | subscribe at par ($1OO) for one new share for each share now held. Stock i Is quoted $40 carrying rights. It is l not likely that there will be any !! rights in the market, because prac- l ticallv all present stockholders will 1 want to subscribe to the new stock.
 Colts Arms has been somewhat | quiet but there is a good demand for l stock at S35. There is very little stock in the market, and recent prices have ranged from $40 to 845. Scovill | Mfg Go. stock has reacted somewhat 1 since the announcement of the divi- dend declared for July first. This dividend will be paid at the rate of 1 20 per cent. regular and 10 per cent. extra Stock closed at 586 bid, 590 asked American Brass has been quite active with sales ranging from 294 to 297.
 The ire Insurance company stocks of Hartford are all selling eX-dividend with the exception of Standard Fire. Aetna Fire is quoted 395 bid, with re- cent sales at 400. Hartford Fire is quoted $40 bid, $50 asked, with sales ranging from $40 to S45 National Fire is quoted 388 bid, 400 asked, with sales ranging from 3y0 to 392. Phoe nix Fire is quoted 66 bid, 6S asked. with sales at 67. (par 50)
 There is a good demand for the 1 Life Insurance Co. stocks with prices firm. Aetna Life is quoted 715 bid 72O asked, with sales at 72O Travellers is quoted S10 bid, 820 asked, with