HL INVESTMENT ADVISORS INC
SC 13G, 1998-02-12
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                          SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549
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                                     SCHEDULE 13G

                Information Statement pursuant to Rule 13d-1 and 13d-2

                                (AMENDMENT NO.      )*


                                           
                                C.P. Clare Corporation                      
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                                   (NAME OF ISSUER)


                                           
                                    Common Stock                      
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                            (TITLE OF CLASS OF SECURITIES)



                                       12615K107                        
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                                    (CUSIP NUMBER)

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                           (CONTINUED ON FOLLOWING PAGE(S))

                                       
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CUSIP NO.                                              Page 2  of  8  Pages 
 12615K107                                                 ---    ---  
- ----------                                                 
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON                06-1051282
  S.S. OR I.R.S. IDENTIFICATION NO. 
   HL Investment Advisors, Inc.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *  
      (A) [    ]
      (B) [    ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY

- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION

                 Connecticut
- -------------------------------------------------------------------------------
                       5  SOLE VOTING POWER                                    

NUMBER OF              --------------------------------------------------------
SHARES                 6 SHARED VOTING POWER
BENEFICIALLY                 265,200        
OWNED AS OF            --------------------------------------------------------
DECEMBER 31,           7 SOLE DISPOSITIVE POWER
1996 BY EACH                                   
REPORTING              --------------------------------------------------------
PERSON WITH            8 SHARED DISPOSITIVE POWER
                             265,200             
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
  REPORTING PERSON
                    265,200

  (Not to be construed as an admission of beneficial
  ownership)
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
   EXCLUDES CERTAIN SHARES*       /----/
                                  /----/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                     2.9%

- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
          IA
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CUSIP NO.                                         Page 3 of  8  Pages
 12615K107                                            ---   ---
 ---------                                

- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON                06-1472211
  S.S. OR I.R.S. IDENTIFICATION NO. 
   Hartford Investment Financial Services Company
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *  
      (A) [    ]
      (B) [    ]

- -------------------------------------------------------------------------------
3 SEC USE ONLY


- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION

                 Delaware

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                     5 SOLE VOTING POWER 
NUMBER OF                                
SHARES               ----------------------------------------------------------
BENEFICIALLY         6 SHARED VOTING POWER
OWNED AS OF                285,000        
DECEMBER 31,         ----------------------------------------------------------
1996 BY EACH         7 SOLE DISPOSITIVE POWER
REPORTING                                    
PERSON WITH          ----------------------------------------------------------
                     8 SHARED DISPOSITIVE POWER
                              285,000
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
  REPORTING PERSON
                     285,000


(Not to be construed as an admission of beneficial
ownership)
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
   EXCLUDES CERTAIN SHARES*       /----/
                                  /----/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                     3.1%

- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
          IA
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CUSIP NO.                                         Page  4  of  8  Pages
 12615K107                                             ---    ---
 ---------                                       

- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. 
    Hartford Capital Appreciation Fund, Inc.
                                 22-2481744
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *  
      (A) [    ]
      (B) [    ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY


- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
    Maryland

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                      5 SOLE VOTING POWER
NUMBER OF             
SHARES                ---------------------------------------------------------
BENEFICIALLY          6 SHARED VOTING POWER
OWNED AS OF                  265,200       
DECEMBER 31,          ---------------------------------------------------------
1996 BY EACH          7 SOLE DISPOSITIVE POWER
REPORTING                                     
PERSON WITH           ---------------------------------------------------------
                      8 SHARED DISPOSITIVE POWER
                             265,200
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
  REPORTING PERSON     265,200
                       

(Not to be construed as an admission of beneficial  
ownership)
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
   EXCLUDES CERTAIN SHARES*       /----/
                                  /----/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                     2.9%

- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
             IV
- -------------------------------------------------------------------------------

                                          
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CUSIP NO.                                         Page 5 of  8 Pages
 12615K107                                            ---   ---
 ---------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. 
    The Hartford Mutual Funds, Inc., on behalf of:
    The Hartford Capital Appreciation Fund
                                 06-1455339
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *  
      (A) [    ]
      (B) [    ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY


- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
    Maryland

- -------------------------------------------------------------------------------
                       5 SOLE VOTING POWER
NUMBER OF                                       
SHARES                 --------------------------------------------------------
BENEFICIALLY           6 SHARED VOTING POWER 
OWNED AS OF                   285,000        
DECEMBER 31,           --------------------------------------------------------
1996 BY EACH           7 SOLE DISPOSITIVE POWER
REPORTING                                      
PERSON WITH            --------------------------------------------------------
                       8 SHARED DISPOSITIVE POWER
                              285,000
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
  REPORTING PERSON     285,000
                       

(Not to be construed as an admission of beneficial  
ownership)
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
   EXCLUDES CERTAIN SHARES*       /----/
                                  /----/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                     3.1%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
             IV
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CUSIP NO.                                         Page  6  of  8 Pages 
 12615K107                                             ---    ---
 ---------                                       
Item 1(a) Name of Issuer:     
               C.P. Clare Corporation

Item 1(b) Address of Issuer's Principal Executive Offices:
               78 Cherry Hill Drive
               Beverly, MA 01915
 
Item 2(a) Name of Person Filing:
               HL Investment Advisors, Inc.
               Hartford Investment Financial Services Company 
               Hartford Capital Appreciation Fund, Inc. 
               The Hartford Mutual Funds, Inc., on behalf of:
                    The Hartford Capital Appreciation Fund
          
Item 2(b) Address of Principal Business Office:
               200 Hopmeadow Street
               Simsbury, CT 06070                 

Item 2(c) Citizenship:
          HL Investment Advisors, Inc.-Connecticut
          Hartford Investment Financial Services Company-Delaware
          Hartford Capital Appreciation Fund, Inc.-Maryland
          The Hartford Mutual Funds, Inc., on behalf of:
               The Hartford Capital Appreciation Fund-Maryland

Item 2(d) Title of Class of Securities:
               Common Stock
          
Item 2(e)      CUSIP Number:
               12615K107

Item 3.   Type of Reporting Person:
          HL Investment Advisors, Inc., as a registered investment advisor
          Hartford Investment Financial Services Company, as a registered
          investment advisor
          Hartford Capital Appreciation Fund, Inc., as a registered
          investment management company
          The Hartford Mutual Funds, Inc., on behalf of: The Hartford
          Capital Appreciation Fund, as a registered investment management
          company

Item 4.   Ownership as of December 31, 1997:
          
          (a)  Amount Beneficially Owned:
               
               550,000 shares of common stock beneficially owned including:   

                                                       Number of Shares
                                                       ----------------
          HL Investment Advisors, Inc.                      265,200
          Hartford Investment Financial Services Company    285,000
          Hartford Capital Appreciation Fund, Inc.          265,200
          The Hartford Capital Appreciation Fund            285,000



                                           
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CUSIP NO.                                         Page  7 of  8  Pages
 12615K107                                             ---   ---
 ---------                      
          (b)  Percent of Class:      5.9%

          (c)  For information on voting and dispositive power with respect
               to the above listed shares, see items 5-8 of cover pages.

Item 5.   Ownership of Five Percent or Less of a Class:
          
          If this statement is being filed to report the fact that as of
          the date hereof the reporting person has ceased to be the
          beneficial owner of more than five percent of the class of
          securities, check the following: ( )

Item 6.   Ownership of More than Five Percent on behalf of Another Person: N/A
          

Item 7.   Identification and Classification of the Subsidiary which Acquired the
          Security being Reported on by the Parent Holding Company: N/A
          
Item 8.   Identification and Classification of Members of the Group:       N/A
          
Item 9.   Notice of Dissolution of Group:    N/A
          
Item 10.  Certification:
          
     By signing below I certify that to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.

                                           
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CUSIP NO.                                         Page  8 of  8 Pages
 12615K107                                                              
 ---------                                             ---   ---

 Signature
 ---------

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


Date: February 12, 1998       HL Investment Advisors, Inc.
     --------------------  BY:  /s/ Joseph H. Gareau          
                              --------------------------------
                              Joseph H. Gareau
                              President


                              Hartford Investment Financial Services Company


                           BY:  /s/ Joseph H. Gareau          
                              --------------------------------
                              Joseph H. Gareau
                              Executive Vice President - Investments


                              Hartford Capital Appreciation Fund, Inc.


                           BY:  /s/ Joseph H. Gareau          
                              --------------------------------
                              Joseph H. Gareau
                              President

                              The Hartford Mutual Fund, Inc., on behalf of: 
                              The Hartford Capital Appreciation Fund

 
                           BY:  /s/ Joseph H. Gareau          
                              --------------------------------
                              Joseph H. Gareau
                              President

*Pursuant to the Joint Filing Agreement with respect to Schedule 13G attached
hereto as Exhibit I, between HL Investment Advisors, Inc., Hartford Investment
Financial Services Company, Hartford Capital Appreciation Fund, Inc. and The
Hartford Mutual Fund,s Inc. on behalf of: The Hartford Capital Appreciation
Fund, this Schedule 13G is filed on behalf of each of them.



                                           
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                                     EXHIBIT I



                                JOINT FILING AGREEMENT
                                ----------------------
  
     Each of the undersigned hereby agrees that the Schedule 13G filed
herewith is filed jointly, pursuant to Rule 13d-1(f)(1) of the Securities
Exchange Act of 1934, as amended, on behalf of each of them.

Dated:  February 12, 1998
        -----------------

                         HL Investment Advisors, Inc.


                    BY:  /s/ Joseph H. Gareau          
                       --------------------------------
                         Joseph H. Gareau
                         President


                         Hartford Investment Financial Services Company


                    BY:  /s/ Joseph H. Gareau          
                       --------------------------------
                         Joseph H. Gareau
                         Executive Vice President - Investments


                         Hartford Capital Appreciation Fund, Inc.


                    BY:  /s/ Joseph H. Gareau          
                       --------------------------------
                         Joseph H. Gareau
                         President

                         The Hartford Mutual Funds, Inc., on behalf of: The
                         Hartford Capital Appreciation Fund


                    BY:  /s/ Joseph H. Gareau          
                       --------------------------------
                         Joseph H. Gareau
                         President

                                          


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