New Britain herald., 1916-06-01
HIGH PRICES HOLD
 IN QUIET MARKET
After Sensational Advances There
 Is LuIl in Trading
After the sensational advances of a

After the sensational advances of a
 week or ten days ago and the extreme l activity at that time in the market it is only natural that a lulI should 1 come in the demand for our local
 stocks. This is the case at the pres
 ent time, but prices as a whole have 1 maintained their high level. There
 has been somewhat of a reaction in
 week sold as high as "A, but it is now
 quoted 70 bid, 72 asked. North &
 Judd, which recently sold at 116, is
 off two or three points and is quoted
 112 bid, 114 asked. Stanley Works is
 now quoted 85 bid S7 asked. This
 is off somewhat from it's recent high i of S9 Our other local stocks have maintained their advances and are | quoted at a high price. Union Manu- featuring Company is quoted 90 bid, 92 asked. Stanley Rule &5 Level is
 APO bid, 430 asked, and Am merican Ho
 siery is 135 bid, 145 asked. Amer ican Hardware has been advancing i slowly and is quoted 135 bid, 137 | sold at 40 and has been quoted below 1 that ever since. The business of this company is very good and we believe that American Hardware is out of line with the rest of our local stocks and that in the near future it will sell higher Dividends are paid at the rate of per cent, but considera ble more is being earned.
 The Waterbury stocks remain about l the same. American Brass, which ad- vanced to 295 has reacted at 2S9 bid, 291 asked, with recent sales at 291 and 292 per share. Scovill ManufaC- turing Company is quoted 55S bid, 562 ! asked. The second monthly extra dividend of ten per cent. was paid to- day. This company is conservatively managed and We doubt if such hand some extra dividends would be paid unless the Company intended to keep them up for a reasona ble length of time. Although a fair percentage of their profits at the present time are derived from purely war business we believe that they would not have eX- banded their plant so largely unless that had practical assurance of the continuance of these war orders for some time to come. We understand that their new buildings are being equipped as brass rolling mills which they can utilize for that purpose as soon as war orders are over, and as such these mills will be the best of their kind in the country.
 Eagle Lock remains the same at 73 bid, v asked, which is about a fifteen point advance over the prices of two weeks ago. Bristol Brass is strong and is quoted 69 bid, 70 asked ex- Rights The Rights are quoted 3-4 bid, asked. As it takes four Rights for the privilege to subscribe for one new share at $37.50 per share the new stock would cost the purchaser of Rights at the rate of 69 1-2 per share. The company is now paying 10 per cent. and although their earn ings are much more than this all sur plus earnings are being spent in en- larging and improving the plant There seem to be persistent rumors that large interests are trying to buy control of the Bristol Brass company, but aside from the continued strength in the stock there are no other real indications to that effect.
 Colts Arms holds firm 825 bid, $50 asked. The directors of this company meet some time during the middle of this month to declare their July first dividend. It is expected that at least 2 1-2 regular and 10 per cent. extra will be paid. Billings & Spencer, which has been bought by quite a few New Britain investors recently is strong and is quoted 100 bid, 102 asked This is an advance of about five points over last weeks quotation. The Insurance stocks Of Hartford remain practically at last weeks quotations Aetna Fire is 400 bid, 40 asked, Hartford Life is S55 bid, S6O asked, National Fire is 395 bid, 400 asked Phoenix Fire is 403 65 bid, 67 asked. Sales of Aetna Life have ranged from 72O to 725, Aetna Accident and Liability is 46O bid, 465 asked, and sales of Hart ford Steam Boiler have been made as high as 44O. Travellers is quoted S15 bid, and Connecticut General Life IS 62O bid.
 Some of the outside stocks, which are largely held in Hartford and New Britain have been strong. Niles -Bem- ent-Pond Common is quoted 174 bid. 176 asked, and we believe that this stock is in line for another advance. Although the company is only pay ing 6 per cent. their earnings are run ming in the neighborhood of 70 per cent. Standard Screw Common is quoted 305 bid, 31O asked, and Ma tional Surety is 285 bid, 28S asked.
 "GUN TOTER' ARRESTED
 New York, June 1.-Anna Britt, the