New Britain Herald Newspaper, April 25, 1927, Page 15

NEW BRITAIN DAILY APRIL 25, i Another Old Hartford Landmark Is to Pass Hartford, April 25 (UP) — birthplace of J. Pierpont Mo Sr., Asylum street, was sc today ! room for a six Mary La! The demolition of t . lgan landmark will remo . a Jos took | : Monte and Josenh | famous building from Hart place this morning at 10 o'clock at 5 Hoted ue ohe Mok &t Mary's church. Miss Lena Al-| Twain, 3 fano was maid of honor and the | Iy bridesmaids were the Misses | 1 €lementine Alfan 2os¢ Bellini. Tomonick Alfano w | e William and James | of the bride. ttired in a gown | o trimmed with | ' v g s ? T \r\)in}ltn“ 3 bouquet | Jan i ! 1 home o ' 'FULL MILITARY HOKORS | AT EX-SOLDIER’S FUNERAL | Guardsmen Compose CARENZO-LA MONTE Joseph Carenzo and Miss Mary Ta City Items q » ze at St wil Monte United in Marriage at Bearers and AR to make Mary's Church this Morning. i Firing Squad At Obscquics for ol Mor- | nother i The wedding of M World War Veter Full military honors w el Joseph W at his fu this morning at ¢ i chureh ard V. G for ness and Professio will meet tox poral Vincent ¥mond ki Joseph Zippo it next Republicans Spent $5 For Third Ward Victory o | third ward republican cam- | liting in the ection » body wa o Judd and Counc the grave trip from P Iy marked for o completion of 24 w Haven to Jim Jefries, one of the greatest heavyweight cham- | pions, has just celebrated his_ fifty-second birthday, Jeff came to New York 29 Years ago looking like a false alarm and what he® did is history. | PIRY FOR U out the i A national life, de-| : clared Mrs. V., G. i rector of the Greenw New York (i Work in the Y. M. C. A. this morn-} 1 | . FIDELITY & DEPOSIT COMPANY BALTIMORE, MARYLAND PAR $50 Dividends 14%, ($7), Payable Quarterly March 31 This company was organized in Maryland in 1890 with an initial paid-in capital of $500,000. Uninterrupted dividends have been paid since 1895, In January 1913 it ahsorbed the American Bonding Company of Baltimore. Although the American Bonding Company is still meeting as a corporate company, the Fidelity & Deposit Company has reinsured all but a small part of the company’s business, to all practical purposes it is merged with the Fidelity & Deposit. In 1910, the Philadelphia Casualty Company came under the com- pany’s control. The business of the Philadelphia Casualty Company was later liquidated. In 1913 the company became affiliated, through the financial interests of its directors, with the Citizens Fire of West Virginia. This move was not very successful, however, and after some unprofitable experience the company ceased writing insurance and changed its name in 1914 to Citizens Company, Inc. Since 1919 the Fidelity & Deposit Company has concen- trated on fidelity, surety and burglary insurance. In these lines it has been very success- ful. As a matter of fact, the company has not shown an underwriting loss for the past ten years and its average underwriting profit for this period is unusually high. Since the stock dividend of 66 2/8% in 1923, the surplus of the company has more than doubled. The man- agement of this company is of the highest type of capable and experienced surety insur- ance men. Its directors are well known business men and financiers. Capitalization Changes 500,000 750,000 1,000,000 1,500,000 2,000,000 2,750,000 3,000,000 5,000,000 Initial fssue at $50 per share 100% increase; 50% issued at $80 per share Remaining 50% issued at $100 per share 50% increase at $135 per share 33 1/3 % .increase at $120 per share 37 1/2% increase to absorb American Bonding (. 11 1/9% increase at par 66 2/3% stock dividend Financial Record Since 1915 Cash Div. 16% 16 1676 Total Assets $11,811,502 12,034,692 10,780,945 11,878 918 12,457,704 13,192,008 14,702,758 16,220,337 18,131,762 20,641,817 22,492,043 Net Prem. Reserve $2,300,271 2,834,589 2,566,694 2,948,454 3,544,762 4,181,255 4,883,497 5,320,590 6,099,678 7,230,842 7,387,1M Net Prem. Capital Income $3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Surplus $2,084,364 1,812,323 1,722,018 2,274,381 2,124,064 2,415,827 2,903,355 1,598,193 1,944,645 2,398,740 3,162,673 1916 1917 1918 - 1919 1920 1921 1922 1923 1924 1925 1926 1,059,552 5,324,510 6,416,963 8,025 9,046,750 575,482 10,823,233 11,841,678 12,092,177 Earnings In 1926 this company paid dividends of $600,000, put $515,000 in special reserve and add- ed $889,000 to surplus, indicating total earnings of just over $2,000,000 or $20 per share. Earnings from investment income alone were $887,474 or nearly one and one-half times dividends paid. Indicated earnings for the first three months of this year show material increase over last year. . : Believing this stock to be undervalued, we unhesitatingly recommend it for invest- ment, b EDDY BROTHERS & CO. Members Hartford Stock Exchange NEW BRITAIN HARTFORD Burritt Hotel Hartford Conn. BMg. MERIDEN Colony ftwice in a favenne, [ ioma rangements 1 Woolworth i -_-—— I~ Demetery 1927, Trant to Conduct -Ray Laboratory Here e STOCK PRICES GO | | DOWN, LATER RISE 'TiBankels Think Reaction Is But| Natural One THE MARKET i he loc his conn New Rritain vill be held from St 3 renl otors tmorrow morning at | Mo ‘r"'{n‘ 2 Gt North Iron | ore ctis Gt North Gulf Sta ot |Hudson Motors Ling 1T Cont . O'Connor . O'Connor, widow , Dr. Charles O O'Cennor and G .and two danght of this city and Mr Roger Fdward Selander Death visited the ho Mr. and M Arthur Hartiord, formerly nonth o little sons. fant son. March loa. p {homo ler brother, Roger d Plainville. funeral will he held at the Mr. and Mrs. An 1p street, Forestville, tome ftornoon at 2 o'clock Burial wi in Torestyille The was last ¢ n Machine Co. re incomp! Ivs Over TOCAL ST Funerals || cwoimsrummsco | | Insurance Stocks. Asked John Kempa Tan Funeral services for John Kemp: t were held morning at 7:30 o'clock cart ehureh with a requ 1 Fhoenix Fire w0 Heart | Trave took : Conn. s at S committal s interment o 54 Dwight street hig! her home, ay, celebrated a sole mass of requiem at her fu morning at 9 o'clock at St. John the 1 - | Hart & Cooley . ne | Landers ¥ bond com . 1 udd X bearers were Ho B e & Wil lkner, Deput sell Mfg Co. ... ouney, Jan Peter Leonard, and John S The four priests wh the mass went to {he g ducted the committal torment was in St Mary Torrington Co com .. nion Mg, Publi | Conn. k Conn Lt BOLLERER’S ;% POSY SHOP ([ Ctilities Stock: . Tel. #Re W Writain® Joseph A. Haffey UNDERTAKER 5 Co. Tt is claimed : | plaintiff company a note, th !eipal of which has remained Opposite St. Mary's Residence 17 Sammer PUTNAM & CO. Members New York & Hartford Stock Exchanges 31 WEST MAIN ST. NEW BRITAIN TEL. 2040 HARTFORD OFFICE, 6 CENTRAL ROW TELEPHONE 2.1141 — e We Offer: Phoenix Insurance Co. * Price on Application Thor=on, Wemm & Ce Gurrdtt Hotel Bldg. New Britain MEMBERS NEW YORK AND HARTFORD STOCK EXCHANGES Donald R. Harr, Mgr. We Offer: 100 shares Stanley Works preferred Price on Application. We do not accept Margin Accounts EDDY BRGTHERS &G NEW BRITAIN Burritt Hotel Bldg. Tel. 3420 HARTFORD We Offer: 100 Shares of Bristol Brass The New Britain Cooperative Savings and Loan Association Organized April, 1886 ASSETS APRIL 1, 1927—$569,399.00 INTEREST PAID LAST YEAR—6% Never has paid less than 5% in Forty Years. 205 shares have matured and will be paid April 26, 1927, amounting to $59,764.83. TOTAL AMOUNT PAID TO ITS SHAREHOLD- ERS IN MATURED SHARES SINCE IT COM- MENCED BUSINESS—$1,350,000.00. A NEW SERIES OF SHARES OPENED FOR SUBSCRIPTION NOW. SAVE YOUR MONEY AND OWN YOUR OWN HOME. WE WILL HELP YOU. New Britain National Bank Building—Room 210 Y. J. STEARNS, Secretary. We Offer— ' Hartford Electric Light Co. Rights Hartford-Aetna National Bank» Rights Fuller, Richter, Aldr'ch & Co. 81 W. MAIN ST. NEW BRITAIN :RS HARTFORD STOCK EXCHANGE Tel. 2-9161 Tel, 1258 Tel. 3786 Britain Office ew London Office FLOOD RELIEF TASK (Continued From First Page) raised $16,900 for Japanese earth- mon | quake victims. - vaseses } New York, April 25 (P—New York RECRLESS DRIVE REINED ited Cross headquarters announced Asygen Atk TN (oday that $35,000 has been recelved id of the Missiasipp! flood Most of the contributions ave been small amounts. The larg- '!ur single contribution to date was when | 85,000 ¢ the New York Times. apneal — 3