New Britain Herald Newspaper, December 9, 1921, Page 15

[ —— REAL ESTATE IS FINE COLLATERAL Insurance Convention Hears Discussion of Investments New age loans have far outdistanced | in York, Dec. 9. railroad securities as the leading vestment held by life panies, according to tics submitted to the convention of the A Insurance presidents Speaking on “A D » Investmer Asa S, sident of the Iln\hl: nt Life Trust company of Philadelphia, ed that the real estate mort loans of the life companies doubled in ten years, increasing from 000,000 at the end of 68,000,000 on October year. Investn were §1,3 1911 as end of 1021, 4 loans form more than 82 per cent of the tota ts of the companies now, while railroad securities, which form ed more than 85 per cent. 10 years ago, have dropped to 26 per Policy loans of $820,000,000 third and United States bonds of $772,000,000 are a fourth, being 11.30 per cent. of the agsets. #Other investments include | state, county and muni 1 bonds and real estate. The total 'ts of the companies are in excess of $7,3 000,000, Referring to the huge incres real estate mortgage loans, President Wing said much of it had gone to the farmers, but that there is now a di cernable trend toward the city Ain to meet housing requirements. this point he said: “In order that this might have the latest du trend of life insurance inv mortgage loans, 47 companies holding more than 93 per cent. of the assets of American companies have just made reports showing the total amount of their farm and city mort- gages as of October 31, 1921, insurance original statfs 16th annual ociation of Life re today. ade of Life In- and railroad sccurities nts ) end in of rank close (‘()u\l-n(lun as to the “I find that $261,900,000 has heen ||§ added in the ten months from De- cember 31, 1920, to October 31, 1921, making a total of $2,468,600,000 real estate mortg > loans on Qctober 31, of this ye Of this total, 800,000 is on farm proper 221,300,000 on city proper: fore, for the first time in many ye if not for the first time in the h tory of the country the total amount of farm loans held by life insurance companies now exceeds the loans on city property, the proportion bei 50.58 per cent. loans on farms us against 49.47 per cent. on city proper- ty. “Of the increase of $261,900,000 in mortgage loans during the first ten months of this year, $161,300,000 is in farm mortgages and $100,600,000 city mortga, The inc mortgages i the increase in the city mort during these ten months, as v the case in 1920, but there is still the same tendency that I previously pointed out, namely, to increase the proportion of loans on city property as mpared with farms. *This trend of investments toward the city has been strongly manifested since 1919 and can be shown most clearly by the proportion of new money going into each class of mort- gages during the last few ye Please note, during 1918 and 191 that 91.03 per cent. of all the net in- crease in loans was on farm property and 8.97 per cent. on city pro]n‘rt\ In 1920, the proportion of money vested in farm loans dropped to 6 peér cent., while thae city creased to 36.22 per cent. “During the first ten months of . the same tendency has continu- nd the proportion of m loans dropped to 61.59 per ce while P / property hus incr 38.41 per cent. With i pride, speaking at an insuranc ering, I can point to the investment | FOX’S Starting Sunday 4 Days Only D. W. GRIFFITHS Underworld Masterpicce “DREAM STREET” § ‘ Added Attraction CARTER REVIEW 3 Other Good Ac EV Orch. Bal. 3¢ 12¢ VICTROLA STYLE 80 A Victor will make Christmas n success, P to 8350 T'erms to Suit C. L. PIERCE & CO. 216 MAIN ST, Opposite Monument your com- | cent. | government | (N\‘ ments in | $1,247,- || e in farm | |8 reater in amount ““"i loans in- ||} | of ot | Durin | for this nation was shoulc duetivity this « centage Is at demand-—ti ing u | clties nee company inves | tmpers | made Real estate | ceptible | again." [ Anc |cent world war on lifc | of 1 point AL | bonds v life Wing, \ about $320,000 of them as compared | | the with it- | milllons at the end of 1920, [ peara have | scparate item 1911 to|with the year 31 of this| had incre a littl the a the a ,000,000 at the | dred and seven pstate mortgage ‘|llurm total | the ¢ | Ger | tural IFe al the 1 )= | telll, of v |of im tions: not sl | must sanita e vestments is during misery of Jiurope was given the during shoul¢ should he | necess NEW DAILY HERALD, TRIDAY, | AFRICA HOME OF THE HUMAN RACE o~y b CAUSE BRITAIN insurar t need m‘ alle nm runds where nation has « for itself and th that our HIMHHH stinulated to highest pro That the met ondition is shown In the per-| agricultural loans There | momgnt another linperative at of cor cateh in our| Mt NS of in-| {0 This Beliel | [ to meet | | | g the In Ix years frinbl playin 1 be SEASES DECREASE companies the truction P with deferred building The national tendency ment demands clear In the toward Isiands Is Beconing Less and Less Bach Year, ative, justifiablc equally trend 14 per | loany H., D in the Marque islar sout! Honolulu, ‘1 tlon o thousand now Iremer clty PO s the popula 18, 1 cast of London, Dec, 9 | Darwinian theory t \frlen may | have been the original home of ti | human race recelved partial coprobo- [ Hawailan ition trom the just made | from the ¥ in northern Ithe | ade mar skull which gi L onew cently, according to the carly hlstor primi wist of the The skull, which is vho s for the lower resembles whering the ape man (pithecanthropus erec yhesian rac tus) discovered in Java in the which has been regarded as the v oand primitive human ghkuli | years ago now. The Java skull, how: probably 1 In this respect, th 1 100 fan fossil reveals a ty ar to what is knov e skaull, Moreover, a collar bone and part of a hip bone b long to the skull have a carthed, and these mists to reconstruct of the whole Rhod | The scene of the ne ( of the y famous for the d stalagmite remarkable fact that the s | which they were origiaally have been zely replaced phates of zine and lead It was the comme these formations that transformation of this of the mines cver The floor consisted of a mass of 105- silized remains of elephéints, lions, leopards, rhinoceri, hippopotami, an- telopes, birds, and small me mals. Hundre the mal remains Yoved, no trace of 1 a depth of resulted and the other striking effect of the re insurance in shown in their holding: tates bonds, On thi id 1011, hefore as a separate companies archipelag ha discovery VARCH ¢ nited Mr. Wing ¢ the end of re listed insurance la of a fossili ption ¢ orientation | 1l ite hel () ot tive man mplete ¢ e | wnt i juw, that of | toms their nolc seven hundred and seventy-two The ap- | of United States honds as a life insuranee investment occurs in the tables beginning 1917, when the amount | 1 to nearly $ ( ¢ more than one p ssets. . Three mount increa Marque ! betw nee f it foday the with « decimat port o re are o seatt ropea wilation | b TN wift and the od to seven two millions, is 11.80 per cent. of the| ts and 26 per cent. of all ompanies’ current investments the nine year period.” hun- the | lent form of tuberculosi havee in th He played south.” sed the may en: however, olken Hi b i MISERY EUROPE, a, Dec. some idea of nd primitiven labor conditio N ist ith pokoko within i ) ol off s of a brief period, he in lime son Intern Working Women its recent congress talian delegate, & She indicated the ing by suggesting rovement four mmenda- icultural laborers must eep in stables, that each worker 1 have a separate bed, that beds 1 and rooms heated if d that men and women parate quarters under v conditions. deration of Women of Moy 1l v » led the into one worked, cad e e —— Lum.ura Talcum is Fragrant and" Very Healthful fimmavm . Cuticura Laboratorics, Da M aldba M i avaro s s strangest bats lir of tons of d been ren but was discovered until et below water level %MWM And you will have a Grafonola in your home this Christmas One Dollar . FIRST PAYMENT and One Dollar A WEEK UNTIL CHRISTMAS Columbia New Model Grafenola G $30 to $375, tain of finding a model that is satis- pearance, and on which the terms will be so moder- at ¢ There are from A member of our Christmas Graf- onola Club may select any instrument that he or she likes. Make a first payment of $1.00, followed by weekly payments untll Christmas of $1.00 each. The balance remaining after Christmas is then divided into small weekly or monthly payments. 1 prices 50 vou will be cer- afonolas factory in size and aj e ate as to cause you no inconvenierice. Viembers, You Must Join Early As We Can Accept Only a Limited Number of % e 138 MAIN Columbia Grafonolas—Records Granby Phonearaphs | LS H livakta Rasrnvde Christmas Music On Columbia Records Adeste I'ideles Oh Come All Ye Faithful Oh Holy Night ’ 2 Star of the East Santa Claus Christmas Chimes Christmas — RECORDS MAKE AN IDEAL GIFT —- “hristmas Symphony Star of Bethlehem Workshop Time At Pumpkin Center a NI BRSNS LT - | DECE [ (] ] 1 } Bones of Skull Discovered Leads | aatve poputation of e Marquesas | === = 1921 Sage, Allen & Co. Inc. HARTFORD MBER 9, Stupendous Sale OF HIGH GRADE COMPLET 39.50 Lamp and Shade for $39.50 or can buy either Lamp or Shade sep- Floor. Remember, you for £19.75. get arately On Sale Furniture Dept., Lower A SALE OF MEN’S HIGH GRADE NECKWEAR AT $1.00 Another special lot of high grade Neckwear for men has been received this week. Taf- Small stripes in neat patterns. Persian patterns (fast colors). The last sale was a great success. Come and select feta Silk in moire effects. All the newest in design and fabric. your gifts from this assortment. THE CHRISTMAS GIFT SHOP (On the @ econd Floor) t helpful array of Christmas gift objects is seen in the south store, second floor, mbled many beautiful things that will surely delight recipients. Among them Y RARE AND BEAUTIFUL ENGLISH ANTIQUES IN BRASS—WORK TABLE LAMPS BASKETS IMPORTED AND DOMESTIC—WICK- BASKET LLES WOODCRAFT POTTERY—FLOWER MAHOGANY, BRASS \\1J YOTTERY CANDLESTICKS—COLORED CAN- OF ALL KINDS, INCLUDING BARBERRY CANDLES—NARCISSUS BULBS BOWLS—AND OTHERS-—AIl at Moderate Prices. PRACTICAL GIFTS IN THE HOUSEWARES SHOP MAHOGANY CANDLESTICKS Plain mahogany finish candlesticks, 59¢ to $1.98 each. A mc where ave DLES AND PYREX COOKING WARE. housewife will appreci- Something food and labor. Our ate. Pyrex saves stock is complete. Custard Cu 25¢ and 30¢. Pie Plat and $1.00. Baking D Bread Pa Covered € DINI dinner people, setl for Demonstration of Diamond Toys THE TOY DEPARTMENT and strongly Rollers, $1.75. Hobby Horses, $2.00. Ash Carts every fuel, Beautiful decorated candlesticks with can- dles to match. Put up in gift boxes, $4.75 a pair. A very choice gift. TABLE LAMPS—Mahogany finish bases, two light sockets, choice of four shapes, silk shades, 18 inch fully lined, fancy guimpe trimming; choice of "6 styles of Regular price $19.50. Sale price, ps, 90¢ 1.00 to $1.75 to $3.00. seroles, ATE size, , first Aimerican poreelai quality servvice for decorations. A 31-piecc ¢o value. el 4 1 se are high grade wooden toys, well finished made. The! Tabby The. Platf Animals, Bathtub Floating rm Toys, 50e. . s, 20C, Wagons, batic Monk Contractors Milk Wagons, $3.75, Straddle Horses, several new arrivals which are well worth mentioning: Mission Tables, Mechanical Toys, Trucks, Road- Push Pony Cars with Rubber Tires. = are T us, chif foniers, ete.), d Felt Dolis, I v (burea c., Kiddy ¢ , Dress AL CHRISTMAS NECKWEAR GIFTS AT SECTION Our gift stock THE SWEET TOOTH. IDE THE 1 nond STUFFED DATL < ion iturday. &= I and Al mnd. D CAD? = 29¢ a pound. ASSES COC DIES, Splendid assortment of collars and collar nd cuff in organdy, net, eyelet embroid- . as well as beautiful laces. They are put up in hoxes ready to tie and send. And only 50¢ and $1.00 each. YANL —— \li'li.\‘ v T9¢ a ‘\""‘w-’l. COCCANUT SNOW FL 1 pound. JCIALS at \KES, with delici- W at A Boudoir Cap makes a lovely gift. 20c and 45¢c a have them in beautiful pastel shades A ad 1 £1.00, $1.50 and $2.00 each. two populax nd the newest Marabou Furs made up . Try them apd the latest fur pieces are pleasing gifts. excellence of our low natural and black and very smart and vlish, $5.95 to $13.50. 45c ¢ be convineed of the priced candies. 1 |v st AL T