The Hot Stuff is as thin as water. The term bead has to be taken loosely since it will run.
The Hot Stuff is in a sealed container, and you have to clip the end. Take care that you clip the smallest hole possible, or you will have a lot of excess CN running around (like I did. There is a reason I don't do this for a living).
After disassembling the rifle and degreasing the crack with brake cleaner and letting it dry, I spread the stock slightly and ran a bead along the edge. When I spread the crack, the glue wicked right in--so I did it a couple of more times. I also put glue along the crack on the inside. After letting the glue set while I gave the rifle a badly needed cleaning, the stock crack appears to be glued closed with no more give.
I will find out at the range.
When I disassembled the old girl, it looked like she had been given a roll (or at least a role) on a sandy beach. There was sand mixed with oil and cosmoline everywhere. I elected to handle this with brute force: I had a can of WD-40 with the long, thin nozzle, and I used a good part of it to blow the junk out of the triigger assembly and ejector. I disassembled the bolt (but did not take the firing pin out and hosed it down with WD-40.
I used an electric drill, a 410 brush and a couple of 410 swabs to clean the chamber (first, dip the brush in Hoppes 9 and run the brush around in the chamber for 20 or 30 seconds, then dip a swab in no. 9 and run it around in the chamber for 20 or 30 seconds, then use the dry swab on the drill for about 10 seconds to dry.
I then reassembled everything, putting a small dot of gun grease on the sear.
Other than the little ant tracks left by the over run of Hot Stuff on the stock, the gun looks a lot better, and the action--while a little stiff compared to a modern bolt action--is fairly smooth.
I will find out how well everything works when I take it to the range (with luck, tomorrow).