New Britain herald., 1916-06-08
COLTS DECLARES
 lOPER CENT. EXTRA
Making Annual Regular Dividend
 16 Per Cent-Market Is Firm
Furnished by Richter x Co.,

NJ u4 lllSlAcu Dy IClCllbSl N Co.)
 At the Colts directors meeting to- day the July first dividend was de- clared as follows: 4 per cent regular and 0 per cent extra. This is an in crease in the annual regular dividend from 10 to 16 per cent. The extra dividend remains the case as last quarter.
 The local market has continued quiet for the past ten days. Late yesterday afternoon quite a demand sprung up for Colts Arms and there to $40. The market opened this morning S45 bid, S55 asked and sales were made during the day as high as S55. The directors of this company
 met today to declare the July first dividend. There was also a report current today that Colts had just closed another big order and that they had been paid approximately three million dollars as advance pay ment This would indicate that the size of the order was in the neighbor- IlOoi OI teil f1lIllOn OOlIdTS. bllllllSS & Spencer, another Hartford manu- featuring company stock has also had cutie steady advance during the past ten days and has advanced about one point a day. The stock is sold from 95 to 106. Closing quotations today are 105 bid, 1O6 asked. The life and fire insurance company stocks remain about the same
 tnr rh1,-, quiet but firm. Scovill Mfg Go. is quoted 5e2 bid. 565 asked, with sales at 564 and 565 There is some talk that Scovill will increase it's July extra dividend somewhat This is only a rumor however, but we be- heve that at least 0 per cent will be paid in addition to their regular quarterly dividend of ? per cent. American Brass has held firm at 288 lid, 290 asked. Earnings of this company are reported to be we'll above 200 per cent Stock will prob ably sell higher in the near future. Dividends at the rate of 25 per cent. are being paid. Waterbury Gas is 20 bid, 52 1-2 asked. and Eagle Lock has reacted somewhat with recent sales ranging from Il to 73.
 Br1StOl SsCtI<S tAtuNc.
 The Bristol stocks have all been active, but do not show any advance over last weeks quotations. Bristol Brass is 68 1-2 bid. 70 asked. and American Silver is 27 bid, 29 asked. Bristol Brass Rights are being active lv traded in and prices have ranged from 7 1-2 to $S per Right. Closing quotations are ' 5-8 bid, ' 7-S asked. As it takes four of these Rights for the privilege of subscribing to one share of stock at $37.50 per share, new stock will stand the purchaser of Rights in at approximate 69 per share. Bristol & Plainville Tram way Co.,, is 164 bid, 16S asked.
 Local Concerns Firm.
 The New Britain stocks have been rather quiet with a strengthening tendency shown in American Hard ware, recent sales having ranged from 136 to 13S. Stanley Works has reacted Q point or so and is now quoted S4 bid. S6 asked. Landers, Frary &5 Clark is also quiet being quoted 69 bid, 71 asked. This is in comparison with it's recent high price of "A. Union Manufacturing com pany has been fairly active with several sales ranging from 91 to 92. New Britain Machine has been quiet with recent sales from S4 to S5. Amer ican Hosiery is quoted 135 bid, l4o asked, and Peck, Stow & WILCOX IS 33 bid, 35 ask/l Sales of North & Judd have ranged from III to 1l9. We believe that this stock is a very desirable purchase, and will petofe long save a fair advance. New Brlt- ain Trust company is quoted "25 nld. Although there have been recent safes at 33O there is no stock in the market for sale. New Britain Gas IS quoted 57 bid. 59 asked. We LOOK Tor strength in the local market between now and July first due to buying in anticipation Of the July first dividends