New Britain Herald Newspaper, June 22, 1928, Page 23

ly s§ 1 i g, il [ teams have been sent out trom the | |eteamer Braganza to search NOBILE-AMNDSEN | them, | Amundsen, Vicut. Dietrichson and | { Commandant Guilbuud, with a crew, | jsvm-wd Lrom Tromsoe in a French J"INT EXPEDITIUN seaplane M to scarch for the seaplane ) lost Nobile pariy. They were exe pected to maintain radio communica- (Continued from First Page.) [tion with elther the Kings Bay sta- tion or the Bear island station. They did not communicate with cither station hey did not appear A at Kings Buy as they had been ex- | gian flers who have made nUMET- | pected o do. Nons . of the flyers, | 0us air reconnaissances the operating from Kings Bay and from Nobile party again flew to the vicin- Ui¢ Steamer Liraganza, have found | ity, but wore unable to see the men. ' @ trace of them and Nobile, who The party wirelessed that it had | MWaintains radio communication with | sighted the pilots. the Citta DiMilano, has not scen the | It is regarded plane. | euit, if not impos Nobile's position exactly without wireless guidance, ) her of the Norwegizn planes fs cquipped with | radio and even in the case of Major Maddalena. who found the Nobile party on Wednesday, it was difficult over evidently diffi- | ble, to strike! Not New Eaperience Tt was pointed out, however, that | being lost in the Arctic was no new | exper for Amundsen, Tn 1925 he and Dietrichson were lost for con- siderable time and eventually made | their way to civilization. This gave iene for him with his excellent radio "P¢ the party was sate—provided equipment to locate the marooned 'Bt VIS scaplane had not cracked up S c rous, breuking ice. | When Major Maddalena dropped in his radio messages, | the supplies Wednesday only gne of iten thie three men of the parachutes to which the pack- W Who (ried to reach orth Cipe again toda sent in seg kuow of (I over the ice. He asked that a dog sled team be | 1 of them. He did not three teams already out. Hy Over Cai Three Swedish airp the giant Upland, over Nobile's ages were attached failed to open This unforiunatet§ contained fresi batteries and an accumulator for the radio outfit whose strength No- bile has been carefully husbanding. Major Maddalena now plans to drop a new set carefully packed in & rubber boat so that it will not be p nes, including flew yesterday encampment for 45 Samaed i minutes. 14 Mai. Maddalena's With the appearance of some 3% they wore unable to find « sunshine foday: bumning wpithe: fog | BINE Blace, They plann e Major Muddalena hoped to be able 0 to the vicinity again today, to make another trip before the day | ended and his fellow ltalian flier, | Norway to Major Penzo, was planning to get | Oslo. Norway, June ) away s0 if possible, Major Penzo decided 1o move ves- also has a Dornier-Wal seaplane and aircraft into the and is planning to keep a gharp | To2°n arctic regions in a mighty lookout for the Amundsen party. | Atept to find Roald Amundsen, Rene Guil nd and member. Hope for Men Commander Romagna of the Citta SeAlline that sturied nday to, Di Milano told the correspondent Sfrch for Umbcrio No for the Associated Press today that| The armored cruis 1sk jolid he had the greatest hope for the | Wt a hydroplane aboard and the fishing supervision Michael Sars, will be dispatched immediately. | Search i ' numerous in this | The Tordenskjold will earry | safety of the three men originally | of the Nobile party who started | overland My 30 In an cffort to bring help. These were Dr. Finn! Malmgren, Swedish meteorologi planes will search Captain Alberto Marlano and Cap- & Bydroplane while a three motored | 151 Silinnn Zapn Junkers' plene will be aboard the | He pointed out that all were RUSsian ice breaker that | will said from ¥ 3 |noted arctic explorer Hoed also will ba aboard the Krassin | Thyygore Gran, another noted ex- | plorer, also has volunteered and will ! be sent to the arctic rezions on one of the relief expeditions. Captain Riiser-Larsen t Luctzow-Holm, eXplorers and airmen now abourd | the Braganza, have been ordered to i search the west coast of Spitzbergen. | strong men, that Zappi was a good y. The navigator and that Dr. Malmgren acquainted with conditions through his eight years of experience in the iec fields with Amundsen, Kings Bay. Spitzbergen, June 22.— | (UP)--A score of men were trapped in loncsome, dismally cold, Arclic spaces today—only six of them known to be alive—while five na- tions foined in a great relief move. and Licu- Norwegian Umberto Noblle, Roald Amund- | A1l vossels and all wireless st Hons) aen, Lie? Dictrichson, Rene Guilbaud | 11170 hiEh! “R;, 1:”~ °';'m‘m“‘ m’ were auiong the names of the fllus- | (2 SUort wase ¢ e r O rSONages vh ve beer S PG, bbbl trious personages who ha | d to keep a keen wateh for any | lured, either by adventure or lieroic rescue motives, to imprisonment within the great iced over arca of | ; e the north. | | Hope of early rescue of Gen. | Nobile was replaced by anxiety again | today when Gen. Nobile wirelessed | through "the supply ehip Citta Di| Milano here an appeal to the Italian | ELEETRUE”TE" IN | “It is impossible for us to march WASHlNfiT"N Tfl"A¥ to land,” he added. | — | Nobile appealed also for radio | S = oy | batteries o revitalize his emergency (Continued from Wirat Page)i | government to rush airplanes con- | taining runners for landing on the Iy, — | :::d They were needed urgently, he John! Broctor, 19)'a dapper, eon: | It had been thought that Nobile ; fident youth during most of the two | and the four uninjured men with him | Y°2r8 of imprisonment since fthe could march to land to meet the | illing of Busch, had to be brought signals that mi come stranded I“rench plane. from the Can't Reach Land | 3 royn | INt0 the death chamber on a 3 assin at Foyn ::;‘:::a“.‘:;br:;:‘:rtt!x\; fifth man—- | Stretcher. He appeared unconseions, Chiet Engineer Ceclonl, whose Icg is | On stretcher Groaning loudly, Proctor was taken from the stretcher by guards nd placed in the chair. The shock was applied immediately and he was pronounced dead at 10: President Coolidge, at Brule, Wis., vesterday, refused to intervene in behalf of the men through their at- | broken, could be taken off by a emall plane. | Gen. Nobile explained that his wirelems signals were fading. lHe has nearly exhausted all reserve batter- ies, he said, in guiding Maj. ll:‘d-‘ dalena—who found him Wednesday —to his camp by means of radio restiona: | torneys who had appealed to him. | Examination of the packages, UP 1o 1he last moments, Eagles | Maddalena had dropped by para. | and Moreno expeeted to be saved by | chute, Nottle said, had ehown some | & confession by Proctor that he fired of them to be hroken; but he added | the fatal shot. Proctor last night that he and his men were overjoyed | €alled his cell guard and said: 1| at receiving the supplies, want to tell you something. Tell the | Hours of silence today ncreased NOWSPAPCr reporters the fatal siot. | fears for the Amundsen party which ~——— 1= " He gasped and fell | et out from Tromsoe Monday and He remained uncon. | has not been heard of since. g through the nlzml Relief was rushed by airplane. | | eruisers, ice boats and dog tean the position and fate of only six the men arve known, Nobile has been found. He, with and morn Four Chinese Die Floreree, Ariz, June Pour Chinese convict of | «@p) d of the mur- five of his followers, is safe on a dur of Tom King. a rival Tong ma floating ice bed not far from Foyn Were hangel at the state peniten- | island. They have been given a liary here at dawn today. ! fresh supply of food, of ammunition The wen. in the order in w hich to fight off any polar avimals, medi- they wont to the gallows, were B, W, | cines and other supplies, ' n. Chew Chin, Jew Her and | King long. sentenced Commuted | Long, a fifth member of the Major Maddalena, the Malian war ace who has joined the relie nd dropped the supy g, was saved from death when chute from h seaplane. The the state board of pardons and | wen, with ene excention, apparent- ' paroles commuted his sentence to ‘re 10 good plysical eondition life imprisonment last night. Adalena believed an jee boat | The hoard found Long was only 17 vould be able to breuk a tiie rescue of the men. But the of the others is a great question here in Kii N men were ab file after it had er nine of its crew, the eustwa never be way 1o yedirs old when the murder committed Trial of S. R. Florian i Will Be Held Next Week | Hartford, June 22 (®—The third trial of Stuart R. Florian, Southing- | ton youth, who is charged with aid- | ing and abetting in the looting of the Plantsville National bank at South- ington, will be heard before Judge was faute ¢ ig- d, deposited | he and then blew to d. These seven men have lieard from art Walking Prof. 1inn Swedish :teorologist. and two companions | were landed with Nobile and his 23 | Isaac Wolfe and a grand jury in the | followers when the dirigible crashed. | superior criminal court next week. | These three started walking towards | The jury disagreed in the first two' Cape North, acros the ice, |trials, the first time a majority fav- vd no word has heen heard from | ored acquittal and the second time them despite that three dog slelgh | the majority voting for conviction. Malmgren, Deserdvagiy Fomous (9&\\&6\\3@"\\\6\6 DOMESTIC " IMPORTED $1.50 At Your Grocer MINER, READ & TULLOCK {the exercises the Senior High school | NEW BRITAIN DAILY HERALD, FRIDAY, JUNE 22, 1928. Graduates of St. Matthew’s Parochial School ~Photo by Jehneon & Peterson Graduation excrcises of St. Mat- | pastor, Rev. €. €. Theodore Steege, tmund Votter, thew’s Lutheran school will be held | diplomas will be prlsented to f Girls orence H. Backhaur, this evening at 8 o'clock, in the | following graduates. |T.vdia C. Becker, Edith Braun, Ruth church hall. A program of songs,| lioy eyer. Avihar | E. Fekert, Fdna R, Feiffer, Fliza- recitations and dialegnes will be ren- W, [ Erling, Otto | heth D, . Herta M. Hutenge dered by pupils of the various J. I'ink. Oswald E. Joffman, Margaret E. Jabs, Lillian M. Kuehn, |grades. After an address by the ( M. Simonides, 1. Sucss G Ney. Saturda to enter was bound over to the Saptember | superior court in bonds of arge of embezzling the four-day race over the 660-mile v funds. course. The visiting en will| The alleged embezzlement 1s said s Uo be entertai at N after to have occurred between April 1, S the race. 1926 and May & of the present year. . Gerster is charged with converting | the rity funds to his own use. Secly. Bure Stresses Their: s . was arrested in New York eity sl And Weekly Alimony aftar a search which lasted more | Duties in Address Today An allowance o 850 for counsrt | Thn 3 month. s and L week temporary ali- L S niony W antod Hladay iy Tuds: DUCHE i “You cannot accept all the privi- Arthur I 1ils in suy Bolzano, June 22 (UP) —- The leges of an education without some Hariford 1o Mre, Ducliess of Aosta visited numerous obligation to the state, your paren Meeher [ philanthropie institutions today. and yoursel,” Sceretary Henry 5. Fischer She was grocted by local officlals Burr of the school comumittee told allowanes mony pending uwpon her arrival. graduates of the Senlor High schiool the outecne of her divorce case, for — it the exercises this afternoon in Which she is suing on grounds of in- the school's auditorium. tolerabls Mrs, Fischor is His falk dealt principally with (0 vea bind is 62 Wh Y e obligations which they owe he In estifein Fischor siated atever You cause of the many privileges receiy. 1l n" sirce the was brought sl s RO R e B L T ea out His talk, fn part. follows: to live on. She also stated that he owns a house and has money in the prior to the action he t never took her Ihe defendant o ony claimed that he eould 1ot give her an allowance as he was sick and did not work. In cross- examination however, 1 was found that he has been employed by the I°. Corbin Warks for the pust 46 rs and the only time he was sick was 12y “There is a phirase which has been Landed down to us from the Fre nobility of more than two conturi ago. This phrase is representative of the noble class of that period not only in France but aiso in England and western Burope. Tt is ‘Noblesse Obliged.” or the acceptance hy privi- d classes of a special obligation “The class which used the phrass has passed. The ph itself has lived because it is a phrase of fur ety et P flaving sunlversal ol o Nain & damental truth 3 a ion to human life. enda by W, A an. i “It i & fact as vital today as it [*"9a0t Y\ i was then. There can be no privi- A ! leges without corresponding obliga- Herman L ; | tlons, . Over to High Court “The state and your parents have | piooon “Conn. June 22 (Pho Jointly conferred upon you the ines- . (07 S preliminary hear- | timable privilese of education. You 0GR % @ DUCT RO ATy hear- | cannot justly ept this privileg Jey in eity court today., Herman without assuming with it a me: (i e e | of iobligation o) the state, oRyolTliniyiolnal wanags control coramission | parents, and to yoursely | Mr. Burr discussed briefly the ol ligation of. the graduate to the stafs and the ways and means of meeting | these obligations. | After his talk he presented diplo- mas to the 197 graduates. During ' Good Clothes Apply It To | PRINETON CLOTHE | FOR MEN ~ YOUNG MEN Alterations Free stre orchestra, under the direction of | George B. Matthews, played. Rev. | Willlam L. Ross ofiered up the in- | vocation. | Black Leaf “10", Paris Green | Hand Sprayers 60c to $2.00. Tank Sprayer Brass and Galvanized The |Abbe Hardware Co. || 405 Main St. Tel. 107 We Make YACHT RECEPTION PLANS Mamilton, Bermnda, June 22/ (UP)—Preparations were complet- | cd today for the reccption of the| yachting fleet which salls from New | —— GUARANTEED _ B 35¢ You'll Be Surprised! You'll Be Amazed! The smartest clothes to wear cost so little at PRINCETON, that you'll be wondering why you never bought at PRIN N be- fors The styles you'll find are those you'll tind only in the BEST clothing stores. But—you'll have Legs LAMB, Ib. ... Fricassee 30¢ Pr R the satisfaction of knowing that ompt Deliveries vou are buying fhose same i SURPRISE Sizes to 46 Tender Young FOWL,1b. ..... stout. TRENCH COATS | We will give $1000 Rt FORES For Rain or s 50 Hone’~ 29¢ | J’v‘nr ‘Il:l.nlv for .’,.,1‘3— 1‘;1 e e S HAMS, b .. TROPICAL WORSTED months Do you wast SUMMER sums ... $15.00 ALL WOOL SUITS, new styles, new shades. All sizes. twenty ecents a day? Could you spend ¢ twenty cents a day withont | aepriving yourself pleas- 2 Surely you can. Boneless Cloverblocm A e Alterations BUTTER, Ib. .. 49¢ || muroemo [N $39.50 months, KENNETH R. TUTTLE Agency 70 W, MAIN ST. { PRINCETON CLOTHES Tel. 483 || vire ymmurunce tnrestment Opp. Burritt Hotel | | = wew vams. moesem || 352 MAIN sT. PIANOS AND PLAYERS A manufacturer has shipped into this vicinity a num- ber of brand new instruments which will be sold at reduced prices rather than reship, or if unable to sell will consider storing with responsible parties. Address, SALESMANAGER 173 N. Michigan Ave., Chicago, Il and the Dupont N Polishes . 7 Pennsylvania Vacuum Cup Tires Vulcanizing Our Specialty T. H. Cogswell /10 ELM ST. THE GUARDIAN INVESTMENT TRUST Statement of Condition as of May 31, 1928 RESOURCES . 2066,77 CANE 13 BANKE oo SECURITIES OWNED—at cost .. uuus.. .., .. TOTAL RESOURCES ... LIABILITIES DUF TO FISCAL SLENTS AND OVHERS .. .. BENEPICLAL OW SERSHIPS Preferred—authorized shary 250,000 Tess: unissued .. ....... 169,698 OUTSTANDING .. ..... 80,307 Subject to warrants attached, permitting subscription to com- mon shares at $10.00 per share 76,787 Shares on which warrants have been exercisell .« v vrie s sisssn 3,520 Issten axn Pam I 80,307 1.907,291.25 Common-— authorized shares .. 600,000 Less: unissued (of which 435,888 arc reserved for conversion of preferred and other authorized purposes) 544,888 Issvep axp Pam v, . 53,012 303,160.00 Surrrus: Excess of revenue over expenditures for the period from August 1, 1927, to and including May 31, 1928 ........... .} 1.187.89 Accrued dividends paid in on preferred ToTar .o tesiio s oe 0y, 3215,100.42 Deduct: Preferred dividends paid ........... 32.804.18 Barance, May 31, 1928 . . .8162,206.29 of which there is to be withheld in accord- ance with the Declaration of Trust, for the maintenance of and as security for the regular payment of preferred dividends, § 18,879.03 leaving a balanee unappropriated of . ... 14 Torar. Strerus .. ... 162,208.20 %2,378,340.58 TOTAL LIABILITIES ... Statement of Revenue and Expenditures for the Period from August 1, 1927, to and including May 31, 1928 REVENUE: Dividends on stocks .. Interest on bonds ... Interest on bank deposits ... ... . i $ 26,604.15 . 9,208.25 . 3,000.07 Profit on sale of securities—-net of losses . .. . 171,806.61 ToTAL REVENUE + o soviiess snnsnins £210,209.08 EXPENDITURES: Salaries of oflicers and employes .. ... ......85754.61 TrOBters’ FBBS o i i i oo e 1ASDIOD Bond premiums ................. . 1,350.00 Traveling ......... 4 i . 380.00 Fee of transfer agent 5 45 ceven. 38075 Torar. EXPENDITURES . . 9,021.69 Excrss or Revesvr Over Exprxnrrores 8201,1 87,39\ Net income on average invested capital for the period, 20.1% We have audited the hooks and accounts of THE GUARDIAN INV ESTMENT TRUS covering the period from August 1, 1927, to and including May 31, 1925, We verified the cash on deposit: sccurities in the possession of the depository, The River side Trust Company, by actual count and inspection; those in process of trausfer and due from the fiscal agents by written confirmation; the outstanding preferred and common heneficial shares with the registrar and transfer agent, the Phoenix State Bank & Trust Company. The foregoing halance sheet and related statement of revenue and expenditures have hecn prepared from the books and in accordance with votes of the trustees, adopting cash receipts and_expenditures as the basis of accounting and approving all purchases, sales and re. purchases of securities during the period audited. WE CERTIFY that, in accordance with the foregoing and subject to liahility for Federal Income taxes amounting to §22,433.04, the accompanying statement of condition and related statement of revenue and expenditures. in our opinion, properly reflect the financial condition of THE GUARDIAN INVESTMENT TRUST as of May 31, 1928, and the results of operations for the period then ended. HADFIELD, ROTHWELL & SOULE, Harrroas, Coxxrcricer, Jovr 18, 1928, Certified Public Accountants. The Guardian Investment Trust owns securities of approxi- mately 375 diversified corporations and institutions in this country and abroad. Of the capital invested, 25.10% is in bonds, 13.949% ferred stocks and 60.96% in common stocks. Proper diversification of this capital is made upon the basis of 7.98% invested in bank and insurance company securities, 35.61% in public utility securities, 36.49% in industrial issues, 12.19% in railroad issues and 7.73% in foreign holdings. The Trust has never created any indebtedness against securi- ties held in its portfolio and aside from current bills, which are negligible, has no outstanding obligations. Economy of operation is manifest in the ratio of expense to income, viz., 4.3%. LINCOLN C. ANDREWS FREDERICK C. BURROUGHS FREDERIC E. KINGSTON CHAUNCEY'P. GOSS, Jr. Trustees THE GUARDIAN INVESTMENT TRUST HARTFORD, CONN. TELEPHONE, 28121 is in pre- THOMAS B. BOSS WILLIAM E. BURNHAM MARTIN LEE HAROLD E. KINGSTON 64 PEARL STREET TR LRI . iR SRR