New Britain herald., 1916-10-26
MARKET STAMPE
 ALL STOCKS RISING
Bulls in Command and Further
 Gains Are Predicted
Furnished by Richter & Co.,

l Furnished by Richter & CO., A local market similar to that of last fall is with Us again. As was the case last year, the war stocks are now most favored, but activity is not confined to these stocks alone for our 1 local investment stocks are sharing in the general activity. There have some of the favored speculative stocks. Scovill has been the leader and has sold up as high as 715 ex the November first dividend, which is equivalent to 725 dividend on There have been rumors of another large contract which this company has received indirectly from the U S. government for a large amount of fuses which will keep it busy for an other year on this class of business alone. Besides this their normal business is bigger than ever before Russell Mfg. Co.,, which recently has been sought after by local investor, had quite a spurt of activity yester- day. Sales opened in the morning at 3o5 and stock sold as high as 355 before the close of the day. The
 
 asked. Billings & Spencer seems to make new high every week. Stock is quoted today at 130, ex Rights none offered and the Rights are quoted 51 hid, 54 asked. We believe this stock will sell higher in the near future. We desire to particularly call attention to Niles -Bement- Pond common stock, which is selling lower than it's high price of early in the year. Big earnings are being made by this company and we believe that it is way out of line with the other local stocks. We would not be sur prised to see 1t sell over 200 in the near future The market closed to- day 195 bid, 197 asked.
 American Brass has declared it's customary 1 1-2 per cent. dividend, payable November 15th to stock holders of record October 31st A 8 1-2 per cent extra dividend was also declared, payable at the same time end per cent. extra dividend, pay able Decem Der 30' to stockholders of record November 30th was declared. This December dividend was some what of a disappointment as many people had thought that larger dividend would be declared This is certainly most conservative Earn ings of the company are reported to be we'll over 100 per cent. and we be- 1teve that the stock Is intrinsically worth more than 1t is selling for The stock closed today at $40 bid, 343 asked. Colts Arms remains the quiet at S60 bid, S75 asked. We believe that patient holders will be amply re- warded by holding Colts.
 Of the local stocks there has been quite a little activity in Union Mfg Co.,, with sales at 1O3 to 1O5. North & Judd is quiet and slightly reaction ary and stock is quoted 93 bid, 94 asked Stanley Works is quiet at 98 bid. 100 asked, and Landers. Frary & Clark is fairly active with sales at S1 1-2 to S2. New Britain Machine is s7 bid, 90 asked and American local stock of all, however, has been Traut & Hine. This stock has been uuiet for several years and although there were sales three years ago as high as 60 stock has been selling in the neighborhood of 40 until early this week, when an active demand sprung up. There have been sales as high as 61 and the market is now quoted 5S bid none offered. The re ason for this advance Is indefinite but there are rumors to the effect that they have just closed a large govern ment contract, and that the company is in excellent financial condition
 Bristol Brass is quite active with recent sales at S2 3-4. The market closed S1 1-2 bid, S2 asked. Eagle Lock Is quiet and Is quotetd 93 bid,