Omaha daily bee. (Omaha [Neb.]) 187?-1922, June 18, 1904, PART 1, Page 3, Image 3

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    FIGURING UMISSESSMXT
8ut Board Em Job Certifying Railroad
Valog ion to Connti.
SHORT TIMt TO COMPLETE THE WORK
Ail Report et Baaklag Ber
leetes that Flaaacea at Nebraska
Baaka n People Are
Alt Rlfht,
(From a Btaff Correspondent)
LINCOLN. June 17. Bpclal.)-The Ftat
Board of Assessment, having completed It
Srork of aeseaxlng railroad property, Secre
tary Bennett ia now buiy, assisted by all
tha at&ta bouaa clerk that could tm drafted
into service In certifying the assessment
out to tha various county clerks. This
work ahould b completed by a week from
next Monday, but from tha amount of (Inur
ing necessary to comply with the new reve
nue law, unless much additional help la
brought Into eervloe It will be an lmpoaal
blllty to do this.
As a final action of tha board another
change haa been made In the grand total.
making thle eM,QHt,087.7S. Thia waa occa
loned by a reduction of the assessment of
the Great Western from S4S,(XK to fX.tOH. To
make up the grand aggregate of the rail
road property the different systems of the
late were valued as follow, one-fifth of
which amount being the assessed valuation:
Union Pacific, tV3.8Ts.0t9; Burlington. $101,
1M,8.7; Missouri Pacific, 10,SM8,S3S; Chi
cago. Rock Island Pacific. 10,42,S30: St.
Joseph & Orand Island, W,M,7e!o; Wllmar
at Sioux rails, t2.tM.aX); Chicago North
western, lHGtf.200; Chicago. St. Paul., Mlo
neapolla Omaha, ' 11,6MJM.
The increase In the totnl aanessment of
railroad property, some lls.UOfl.uoO, is by far
the greatest increato ever haiidoU down by
any Nebraska assessment board, but even
that large amount of Increnso should occa
sion little protests from the railroad com
panies when token into comparison with
assessments levied against them years ago
when the rouds were in value worth little
crmpared to what they are worth how.
The main line of tha Union Pacific this
year was assessed at $16,000 a mile, while
away back in 1881 the average value per
mile for this system was $U,5.2. In 1894
It wna assessed on the main line at 111,500
a mile, while from 1888 for four years the
assessment of the main line was tll.440 a
mile. From thnt time, with the exception
of one year, the assessment was gradually
decreased, though the property each year
became more valuable, the last five years
preceding 1WJ ths assessment being ft.)
on the main line. In that year it was in
creased to 19,900 a mile, still being Sl.SU
loss than the assessment of 1SSL
The Burlington has Just as little room
for protest as. the Union Pacific, for this
year it was assessed on the main line at
only 116,470. while back In 1883, the highest
of any year except the present. It was as
sessed at 112,61) a mile- Then began tha
gradual decrease In valuation until the
climax waa reached last year, when the
assessment on the main line was 110.600 a
mile, lower than It had been for six years.
Aaaesameate In Other Yeare.(
The grand aggregate of railroad assess
ment gradually Increased from 1880 until
M83, when It took the down grade for Ave
years, when It gradually began to climb up
again. The following table shows the total
aasessment of all railroads by year, to
gether with the average value per mile of
the Burlington and Union Pacific, until
1SS4, when, the system of assessing waa
changed,, remainder p( the .table .showing
ths value of the main lines of the two
roads:
"' Value permit'
. . - main lino
Total H. R. Bur- Union
Year,
18 .,
Assessment, llngton. Pacific.
I ,943,192.tt I 8,030
. )10,196
1881
188)
188)
1884
'1886
im
1887
1888
lh
JMX)
1891
1S1.3
l;
U,&8U,S(U.1 lU.bt
1 4, tfc, 950.31 10,66
16.3IO.IK&.43 10.6M
17.777.8W. 00 12,600
18,SS4.78St.O 13,61)
lU,468.143.h(i 12.4!5
23.SCVfi.6V4i.26 11.600
28.674,49 00 12,000
2&.684...05 11,800
29,14.2:1.06 11,800
2V. .4. 917. 80 11.800
29,839,731.00 11.800
11.368
11.438
11,438
11,171
11.166
11.440
11,440
11.440
11.440
11,160
11,000
11,500
B.500
9.5(0
9.600
i 9,800
9,800
9.800
9.8O0
9.8U0
9.9O0
16,000
28.6T4.1.t8 00 ll.iUO
1894 27,939,178.50
I 26.42b.3u8.u4
1890 26.4i4.508. 00
S97 J&.&til.iW.K)
lWj. i.. 20,liiS.93 80
1899 20,1(16,460.10
1&00 t. 24,340,735. W
19iil 26.4'.'2 73J.30
191)3 H.588.012.TO
19ii3 27.ti77,H.50
1301 4u,084,087.7G
11.250
l6.500
10,600
10.5K0
10,580
10.680
10.5KO
10.S80
10,680
10.500
16,47.0
Main line.
Totals for State.
Tlie aggregate asHeKsment of all the prop
erty In the state, Inc! ullng railroads, from
1867 until 1894. shuws also a gradual In
crease, when it begun to decline and did
so for flv years, when it began to take a
I boost. Thut the grand total will be enor
1 'mouuly more this year than ever before
there is little doubt, and when the table
Is carefully studied It shows there is much
'room for an increase of "the total.- The
assessment by years from 1807 to 1903 fol
lows: .
1807 '. 1 KMKls.IIS CO
180S , , 34,tki,50 00
18i.9 42,l-'8.5"6 65
1870 ... 63.7i9,8:'8 82
1871 . 65.513,008 00
4872 69.873.818 8
J873 "8.239.6W! 64
1874 80,764,044 17
1875 75,407,898 HI
1876 74.17S.646 48
1877 , 71. Sll, 678 90
1S78 4 74.389.5.15 97
lfi7 70.359,798 87
1880 , 0.49,16 00
1MU 93,14'',45ti 99
188) , 98.u37.475 11
1M 110,643.644 f
18X4 rJ3.til5sa 90
1N 138.118.ii98 83
1884 143. 932.6 iO 51
1M , 1C0.SO. '-! 28
18-3 17,01,iJO 46
, 1HJ.7iJI.5j8 41
18J0 184.770.f4 64
H'.H A lSllW.S
1891 186.4M.8.8 71
1X93 194.733,124 73
lfcl4 183.71 7. 498
171.48.2o7 41
107.078.270 8'
1894
1897
1898
).
1900
lUl
166.198,796 4)
167,810.764 79
169,106.9116 10
171,747.698 41
174.439,096 49
180,091.192 00
390)
190) l8.458,87t 44
Banks ladlcate Prosperity.
The report of Secretary Royse of the
, Btats Banking board for the year 1908, re
ceived from the printers this morning, is
splendid Indication of the prosperoua cordl
tlon of Nebraska. During the year there
was only one bank fslurs, that of the
Bank of Vsrdlgre, a small concern with a
capital stock of $5,000, owned by U P.
Messman. The reason of the failure waa
Incompettnoy and negligence more than
anything elae, and tha proprietor U now
FOOD CURES!
Corta.u.y!
Ak any physician
about
Grape-Nuts
Qet the little book. "Tho Road
Wellvlll ' In each pag.
to
awaiting trial, while the receiver has paid
off 7 per cnt of th Indebtedness.
Th last report mad before the begin
ning of he year for which th report ia
made shod 479 banks and at th same
time there were sis that had been char
tred. but hud not begun business. During
the year ther were twenty-three banks
discontinued and forty-two organised. Last
November ther were 601 banks reporting.'
Below Is a statement of total deposits,
shown by th record of this department.
In Incorporated, private and savings banks
under state supervision, a snown by an
nual reports of such yesvs. Including th
total amount of deposits In bank placed lit
the hands of receivers In th respective
years:
Total deposits In banks
Placed In Hands
Tear. of Becelvera
1M ) n.V'IM
1W C52.175.79
Total Deposits
In sll Ranks.
24.K1,118 29
17. . 476 14
18.074.S32 48
14, 2O0.775. H2
10,??7.M;.9)
13.9o2.0 8'l
18,225.180.14
,16.111.1)
15.8M.OW.I7
1894 J97"28J.
1!5 684 MSG 80
iw. i.ij;.88.n
1897 144..W.84
1898. - 86.730.06
1899 13. 8.-9 96
1900 v 89.975.91
1901 100.4 18
1902 196.770 70
1903 16,915.81
1, 431 ,858 54
14 4K7.R19 26
87.071.882.24
The total amount of deposits reported in
State banks was tr,07),882.4 to ths credit
of 116,484 depositors, en average of $318)7
to the credit of each depositor as against
17,61 depositors with an averag deposit
of $3C3.45 each a year ago. Amount of
average deposit per capita of entire popu
lation of tha state based 'upon the last
census, $84.67, as against $32.27 a year ago.
Ths amount of deposit per capita' of entire
population of state In national banks, $55.31,
as against $5L88 a year ago. Amount of de
posit per oaplta of population of state In
all banks of Nebraska, $80, as against
$84.16 a year ago.
Average reserve held by state banks, 29.20
per cent, as against 28.6 per cent a year.
ago. iegai requirement is u per cent.
Average reserve national banks per cent
of total deposits In available funds, 83.55
per cent, as against 84.85 per cent a year
ago.
Notwithstanding the Increase In deposits
shown by the returns of November 17, 1908,
over thst of a year ago this Item reached
the maximum for the year and the high
water mark during the existence of stats
bank supervision on September 5. 1908, when
total deposits amounted to -"$38,401,448.47.
Mr. Royse recommended to th board
the enactment of an . amendment to the
laws that would make compulsory for any
one before becoming a director of a state
bank to be a subscriber to its capital stock
to such an amount that his own Interests
would demand the careful Investigation
and supervision of the affairs of the in
stitution that should be exercised by Its
board offdlrectors.
Baildlnsr and Loan . Matters.
Secretary Royss of the State Banking
board will Issue a call for reports of the
financial condition of the building and loan
associations of tho state for June SO, ac
cording to law. During the last year Jliere
have been four new associations started
up at North Loup, Tecumseh, Humboldt
and , Beatrice.,
Bank Examiner Resigns.
W. D. Hartwell, for the last three and a
half years a state bank examiner, lias re
signed his position, giving 111 health as a
reason. Mr. Hartwell has been a most
efficient official and before accepting his
resignation th banking botfrd requested
that he take a vacation of a month,, be
lieving that his health would be restored
sufficiently for him to continue In his po
sition, but the Inducement did not prevent
the resignation. His successor has not yet
been discussed, as the resignation wilt not
become effective until July L-Mr. Hartwell
lives at Pawnee City. .
Harvest Hands Wanted.
The association o'f 'free ' employment bu
reaus, composed of the labor commissioners
of five stfctrSrln the -wheat, belt, of which
Don C. Despaln of Nebraska Is president,
will soon' hav an opportunity to demon
strate whether It can do the business.
This morning President .-Dsspaln received
word from Kansas that that state would
require the Importation of about 11,000 men
to handle the harvest. The harvesting be
gins June 20, at which time special ratss
will be given by th railroads, and within
a few day after that time it Is expected
the whole- state will be In the hands of
the reapers. This morning several school
boys applied to the labor bureau (or
placifa In the harvest fields, and wanted to
work north with the harvest. The pay In
Kansas will be from $1.60 to $3 a day
and board.
Dana Wanta Rehearing.
I. J. .Duun, one of Omaha's purifiers,
Just at present representing Walter Moist
Company, liquor dealers. Is sure the su
preme court will revise Itself In the case
wherein Molse is trying to prove that
Qoodfellow and McAvoy, two Omaha sa
loonkeepers, are agents for, William Krug,
If he is granted a rehearing und to secure
the latter be today filed a brief In the
supremo court. Cooper and Rush, at
torneys, are associated with him.
Jndge Settles Army Dispute.
As a result of a ' wrangle ' over location
between the Salvation Army and the Vol
unteers Of America, both will have to dis
card the time-honored drum and both will
hav to do their beseeching on some other
street than O. This was .decided today by
Police Judge Cosgrave, in the case where
the captain of the Salvation army was
arrested for disturbing the peace of the
Knights of Pythias lodge members.
Implement Dealers Secretive,
The South Piatt implement dealers
spent a day in executive sesaion, pre
sumably fixing up a schedule of prices to
be charged for articles that have tu. be
bought by the dear public. It was also
reported that they adopted a- resolution
to employ an attorney to prunecute a St.
Loots firm for selling wire without having
a tag on euch spool showing the number
of feei to the pound.
A. B. Allen, private ascretary to Gov
ernor Mickey, Is at Boulder, jColo., to
which place hs took hi little ' daughter,
who haa beon troubled with an afNctlon of
th lunga v
Becietary Adna Dvbson of th Stale
Board of Irrlgatlou has been notified that
the association of state engineers, which
met at Salt Lake City recently, has ad
journed to meet at Boiss City, Idsho, Sep
tember 16. Mr. Dobson will attend.
FIXD KB1XRY Gt'ILTi OT Mt'RDBR
riatte Connty Jary tays Thief Killed
His Pal. .
COLUMBUS Neb., Juns 17. (Special.)
The Jury In th case of tha State against
James Kelle, charged with the murder of
Arthur Bnowden returned a verdlot at I
o'clock this morning. The Jury found Kel
ler guilty of murder In tha second degree.
Kelley admitted In his own testimony that
his name was Kelley: that his home was
in Michigan; was a plumber by trade, but
ths paat several years had not worked at
It, but had turned his attention toward
shoplifting and peddling Jewelry. He de
nied that h waa in th neighborhood of
the crime until after the body was found
and aays that ha never aaw Bnowden after
they were liberated from the Fremont Jail,
where they were serving a term for vag
rancy. The Jury could not believe his
story when three reliable witnesses for ths
state were positive of having seen him one
of them meeting him within two miles of
the scene of the murder before th body
had been discovered. Ills attornsys will
move for a new trial, but It la not gener
ally believed that It will bo granted. The
verdict gives general satisfied. m. Kelley
probab'y will be u4.euted neit Wsdnes-
fUE OMAHA DAILY
The greatest
price eruption
ever attempted in
' America.
U rjy y
Enormous suit sacrifice, unquestionably the
greatest shattering of vaiues in ail America.
MHIIBMHBHBMliaillBaaiiaaBMMMM
A fortunate, and timely purchase of the over-production of
B. KUPPENHEIMER. & COMPANY, CHICAGO,
closed out to us at less than half usual wholesale prices, en
bles us to inaugurate to-day the sale of the entire purchase,
in a sale, involving in its appalling magnitude the Grandest
Gathering of Perfect clothes ever brought to Omaha. Never
in all the history of the west has a sale of such enormous
proportions ever been attempted.
Exhsoistless Assortment
Worlds Famous Garments
Omaha shall resound with the echo of' this great suit selling
-we are determined that every man in Omaha shall avail
himself of the great opportunity, and to-day we place the en
tire purchase of finest suits on sale at exactly
t. ...'
1
All suits are marked regular selling figures You cut price in two
yourself securing without question the most wonderful values in
Omaha's history of merchandising.
'.BROKEN'- SIZES OF OUR REGULAR
STOCK-. INCLUDED
The accumulation of our fourth phenomenal season of irreproachable selling placed in
with this great purchase and involved in the sale at one-half price.
Never A gee in an Opportunity It's Equal
f
All tnrmpr
All former
All former
All former
AH former
All former
All former
All former
e
DEJG; PATUHDAY. JUNE . 18,
Ar
siw , gr
CORRECT DRESS FOR MEN AND BOYS.
ILL
MX
BO
ffff.npnliAitY.pr nnrl
$22.50 Kuppenheimer and Broken. Lot Suits 25
$20.00 KuppenKeimer and Broken Lot Suits
$18.00 KuppenKeimer and Broken Lot Suits
$15,00 Kuppenheimer and Broken Lot Suits
$12.00 KuppenKeimer and Broken Lot Suits
$10.00 KuppenKeimer and Broken Lot Suits
$7.50 KuppenKeimer and Broken Lot Suits
Our Douglas street window displays specimens of these
1904.
A Sale
' absolutely without ar
equal ( worlds fa
7UOU8 suits sacrificed
at half. ,
m
u m
great values.
H it i v wA
' m Imm !
fell W'?:v- I
WW V i
mm.
10.00
9.00
7.50
6.00
5.00
3.75
r