Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 25, 1909)
10 TirE OMAHA " SUNDAY BEE; APRIL 2S, 1009. NEBRASKA HAS STRONG BANKS i . . Eight Hundred and Fifty, State and National, Doing Buineu at Present. - - - OVER TWEHTY MILLI0K3 CAPITAL Combined ..Deposits , Beach a Grand Aggregate of $118.R045. ' i i. SHOWING BY VARIOUS COUNTIES Banks Affected by New Guaranty Law Number 647. Femard S Cherldan .... I Fhtmn .... 2 HIc MX V Stunton ..... i Tl syrr "'......'1 T'ltimton .... I Vail, y 1 Washington . 3 Wayne 3 Wetster 1 York 7 REQUIREMENTS OF NEW STATUTE ialysl of th Prore-der Provided for (nmln( Vadrr Cortr I.nT : mud of Method of. Par- ' inm Depositors. . , . Banks In IT.DraskV at this dat, ' rtl tnat.a, 860. . . " ". Stat banka, affaotad fey funiant law, S47. Capital stock paid In ! stata basks, 110,849,030. Deposit., 6,lll,693. - .rational banks, lart report, 809. Capital stock paid la by national banks, 89,790,000. DspositS, $68,334,353. Amount of asaassmant on dally aT.raga daposlts proTldad for by now law, op to lary of January 1, 1913, 1.1 par cant. ' ' Fosslbla amarf-tney asaassmant In any ona ysar for immsdiat. paymsnt of d.pos Itors, 1 par oant. At the j resent time the number of banks doing business In Nebraska, national and state, la about tftO. Not all of the bank Included In this number appear in the bankers' blue book, the last number 3t which la dated' May, 1808. and the data for which was collected some months pre viously. The state banks number 647, ac cording to the last tabulation of the sec retary of the state banking board, and the rest are national banks. On July 1 all of the state banks will come under the requirements of the new o-called guaranty of deposits law, passed by the legislature, which has Just quit business. Whether any of the national banks will resign their charters In order to take advantage Of the law, or to ward off Its Inimical Influence;' Is problematical. Some few have done so In other states, where similar laws have been passed, and the like result may be noted here. In the light of this possibility, some statis tics touching the banking business of Nebraska will be timely. February 6, 1900, when the last report of " the comptroller of tho currency was made, the paid up capital of the national banks In Nebraska amounted to $3.790,W; undivided profits totaled $1,328,218, and the deposits amounted to $.i2.334,S3:. ' ' Reserve Exceed Requirement Reserve required by law was $7,835,152; amount actually held In reserves was $8,Ci7,13o, or 16.59 per cent. Cash on hand, due from reserve agents, and In tho re demption fund, totaled $11,543,742,. or 27.84 per cent. ' Of tho national banks, eighty-eight have a capital of $25,000; seventy-one have $50, 00t; fifteen, $100,000; eight. $30,000 to $35,000; sit, 175,000; five, $,000 six $160,000; .two, $200,000; two, $250,000; one. $300,000; one. $400,000; two, $500,000; one, $600,000, and one. $1,000,000. . . . - . Douglas county, with nine banks, showed a paid up capital, of $3,600,O; undivided profits. $3,711,000; deposits. $49,364,000. Lan caster and Dodge are second and third, with $990,000. and $650,000 capital ard $8,537,T 000 and $3,560,000 of capital and deposits, re spectively. Madison county, with six banks, showed deposit, of $1,943,000. Cuming county also had six national banks, but It was exceeded In total deposits by Adams, with three banks; by Gage, with five; by Buf falo, with three; by Dawson, with five; by Otoe, with four; by Saline, with four. York had, at the time the blue book was Issued, an even $2,000,000 of deposits In at?ven national banks. The counties named, following Douglas and Lancaster, all topped, tho million mark In deposits, as do also Hall, Hamilton and Platte. There were flva counties, Burt, Cass, Nemaha, Phelps and Seward, with over $900,000 In deposits. Butler and Washington had better than $800,000 on deposit; Holt and Nuckolls had over $700,000 deposits; Box Butte, Nance, Polk, Saunders, Stanton, all had over $000, 000 deposits. Lincoln, Pawnee and Thur ston were each well over the half million mark, while the counties showing up with over $100,000 on ' deposit were: Custer, Dawes, Furnas, Jefferson, Knox, Red Wil low, Richardson, Scott's Bluff, Sheridan and Wayne. Frontier, with one small na tional bank, shows the smallest amount of deposits, $35,000. Twenty-one countlea wer worrying along without national banks, but these same countlea had seventy-nine state banks. McPherson county had no bank of any kind. Rational Hanks by Counties. Following Is a tabulation, . probably the first ever published In this form, of the number of national banks in the various counties of the state, with the total capital isation, surplus and undivided profits, and deposits, as of date, approximately, Janu ary 1, 1908: jp.'plua and undivided County Bunks. Capital. prP'Hs. Deposits. Adams 3 $ 360.000 $ .'.' Antelope .... S 60.000 rt.WO Bocne 6 186.000 UM'W Box Butte ... S 100,000 .)uu Boyd $ 125,000 1K.900 Brown 1 35,000 18.000 Buffalo t '.fto 4wJ Burt 4 '175.01W 44.bH Butler 8 176.0U) 91,110 Chbr 5 iW.OUt) 57. UO Cedar 8 liii.ouo Sst.aw Cherry 1 26,000 17.000 Cheyenne .... 1 26.000 a,40 Clay 75,010 4!,000 Colfax 2 W.uno dt.0 Cuming 2a5.u) l,5i0 Custer S 75.0W $".) Dawes t 75,000 45.000 Dawson 6 ITS.ouO 12u.ftM Dixon S 80,000 21,7 Dodge 9 650.UM Su7,7JO Douglas $.6HO.O"0 J.T11.0OO Frontier 1 Furnas &0.t00 Gage ' C 32S,ouO Garfield 1 .000 Oosper 1 W0 , I o.w , 3 mono 4 Sn6.u00 1 . 1 2&.0U) , I 26.000 6 176.UM 1 Bc.UO , 1 lOO.OlO , S 100.OjO , S 75.UM , 6 126.IU) 5 Wu.oi") , 1 100,(X) , ( SuO.UUU , t 75.WW , 4 $25,000 4 lOO.UO , 4 175.WO , 4 Sfo.uUO , 7&.0i . S 146. ot) , 4 175,00 , 4 125 UO . $ Itti.OuO . t MU , 4 160.0t . I 140.00 bVMl Bluff I 10U.0U0 im.noo .-.. 94.o loOflfiO i.imi 47.v Sn.mm 12.7" Stt.nn ro.oio P ,io l'. 17S." !2.f . M4.'0 10".i0 2.M S.rn 7i,.(rO 4S,C 272 100 1;(oi 14. '.hi 8'.' lOi.OOt 85.0O 4il.K 50(0 2'.WO 2i.i) 3O0.MO 2(7.5 0 l,(flO,HO0 state Ranks Are atrona;. I.ste figures from Secretary Royse of the St-ite Banking Bosrd show a paid cap ital In stale batiks of $10,819,030: surplus and undivided profits, $2.44.837; deposits, $6i, U1.K93; loans, $55,716,674. SeveHty-eight state banks have a $5,000 capital; Sixty htive $10,000; eighty -swen have $I5.00i; fifty-three have $2i;,fl0; eighty two have $r,OH0; twenty-one have Vo.noo; eight have $40,000; twenty-eight have $50,000; two hava $75,O0f; four have $100,000; one has $160,OTO. Of banks having a capitalisation ranging between $5,000 and $10,000 there are 118; ranging between $10,000 and $15,000, thirty-six; ranging between $15,000 and $20,001, eight. Douglas, with $3,120,598 of deposits; Saunders, with $2,718,146, anh Lancaster, with $2,170,617, Jead Uie line of banks sub ject to 'assessment, (bounties showing over $1,500,000 of .deposits pre Butler, J1.5S4.0C1 ; Clay, $1,79.U01; Colfax, $1,508,928; Dode, $1,741,713; ; Plllmbre, . tl,"&,835; Jelf. raon, $1,629,989; Richardson. $l,743,9t9; Washing ton, $1,631,2X5. . The ! ccSntles showing over $1,000,000 In deposits are Buffalo, Burt, Cass, Custer, Dixon, Furnas, Oage, Hall, Otoe, Saline, Seward, Thayer, r ( Counties showing deposits of over $609,000, and some of them running close to the million mark, are: Adams, Antelope, Boyd, Cedar, Cheyenne, Cuming, Dakota, Daw son, Franklin, Frontier, Harlan, Holt, How ard, Johnson, Kearney, Lincoln, Madison, Merrick, NemuJia, Nuckolls, Pawnee, Pierce, Platte, Red Willow, 8arpy, Wayne, Webster, York. Four counties have well oyer $400,000 In deposits, five have $300,000, seven have over $20,OjO and seven have over JfOO.OU). The smallest amount of depots is in Sioux, $3,307. State Banks by Countlea. Following Is tho last showing made by state banks aa to capital, surplus and de posits:' Number Banks. Capital. Surplus. Deposits. Adams 8 $ 107.500 1 22.000 1 701.006 Antelope 11 198,600 15,300 lo.oto 15,1.00 . 6.400 115,240 17.9M) 10,tXW 2,0l 110,000 21,100 48.200 6.569 220,010 31.979 150,000 31.462 li9.Oi0 43,850 247,500 47i671 ' 188,010 31,305 40,0110 2,350 67,000 ll'.OOO 115.000 12,000 257,010 , 95.300. . 150,000 44.100 115,000 34,500 210,000 24,750 77,000 9.450 40.000 17,500 145,0(0 7,027 33,000 5.2110 2X9.CO0 47,0O 225,&X 67.6 490.000 . 31.775 40.0(0 s 3.000 238.000 69.aK) 190.000 32,000 83.000 15,6V) 152.500 40,600 277,000 15,320 30.000 850 6.000 1,000 30,000 100.500 26,500 182.M0 67,010 57.200 3.800 141.0TO 17.600 . 60.000 . 15.000 , 146.000 ff Jt,03 10.000 ' 2.500 135.000 26,189 247.000 83,400. 122,500 43.350 K5,5(V 8,313 46,000 ' 1,700 25,000 4.186 35,000 ' tfiOO 258.000 69.250 338,000 34,276. 112.500 1,100 , 16,000 6.000 222,000 104,500 15.000 76.000 107,000 225.000 130.000 30,000 47.000 174.000 167.790 77,600 Hanner 1 Blaine 2 Koone 6 Box Butte 1 Boyd 11 Brown 4 Buffalo 14 Burt 7 BntleT 14 , Cass 14 Cedar S Chase 2 Cherry 6 Cheyenne -7 Clay 14 Colfax 10 Cuming 4 Cuflter 15 Dakota ....... 6 Dawes 2 Dawson 9 Deuel 4 Dixon 12 Dodge 13 Douglas ...... 18 Dundy 2 FUmorp 11 Franklin 13 Frontier 6 Fin nas 10 OaSs 17 Gnrflcld 2 Oosper 1 GTant 1 Greeley 7 Hall 6 Hamilton .... 6 Harlan 8 Hitchcock .... 8 Holt 9 Hooker 1 Howard 10 Jefferson 11 Johnson ...... 9 Kearney 7 Keltb 4 Krya Paha... 4 Kimball 2 Knox 12 Iincaster .... 23 Lincoln 8 Logan '..'2 Loup 1 Madison ....... t ' Merrick I. Nance 1 Nemaha 7 Nuckolls .... 9 Otoe 12 Pawnee 6 Perkins 4 Phelps 4 l1erce 10 Platte 8 Polk S Red Willow.. 7 t'.iehardson .. 13 Rock 8 Saline 10 Parpy 8 Saunders 21 Scott's Bluff. 4 Seward 13 Sheridan 4 Sherman 4 Sioux 1 Thayer 13 Thomas 1 Thiraton 4 Vallev 4 Washington... 9 Wavne 3 Webster 10 WheeleT 2 York 7 149.500 335.000 26,000 225.000 71.600 334.0 45.01)0 210,500 90.000 52.500 10.000 212.000 10,000 45 000 97.(W 282.500 6'S.ono 117.000 12 K"0 90.000 I, 750 66.0O 65.500 3.000 27,600 32,ftO 49,250 24.714 $.000 9 O50 37,816 19.600 8.90ft 2.3' 103.6IO $.650 6S.700 1.400 68,060 700 31.750 17.100 9.500 2,000 47.850 1.000 2.000 26.000 37 9'0 II. 500 387.000 3 700 6.300 994.340 28,640 61,533 456.262 116,631 696,858 220,147 1,219.431 1.001,867 1,584,061 1,363,641 792,842 214.811 338.908 671. 800 1,879.091 1,508,928 682.279 1,088,176 593,642 477,344 635.582 249.243 1,485,367 1,741.713 3.120.E98 213.95 1,768,835 966.814 569.289 1.093.943 1,389.748 39.261 26,875 260.636 337,438 1,153.65 430.902 607,832 326.591 667.736 64,731 842.404 1.529.9"9 6S3.26S 607.407 800,440 138,392 137.816 1.687.345 2,170.617 668.331 -,,L 68,2'tO 38,846 943,653 745.8K1 99.680 728,586 742,055 1,440.831 690.259 165.522 807.404 931.946 8r0.r6 447.865 866.184 1,743.969 199,043 1.409,754 B76.897 2,718.146 189.631 1.117.933 204.7O2 205.374 8.307 1.308.462 2-1,303 106.192 351.868 l,6l.'8-i 646.81V 919 Vi 4.5',6 674.4S2 during the continuance of such violation is provided, and such violation Is to be cause for the appointment of receiver .to wind up such banking business. Where the' appointment (if a receiver' Is dnrmcd advisable, the banking board com munl.ates the faris ta tho attorney ge n eral, who will cause application to be made to the court of the district In which the delinquent bank Is located or to a Jadg of the supreme court; but district courts control the administration of the receiver ships. It Is sufficient to show the truth of any of the facts enumerated In the law' as cause for appointment of a receiver. I'ndtr the supervision of the banking board, the directors may restore Ore capital and credit of the bank and be allowed to resume. However, If tho receiver Is or dered to prcMed, the court will fixe a time for filing claims, not mere than sixty days from date of order. A receiver must make at least one monthly report to the board. Creating; a Guaranty Fund. The law goes about the' creation of a de positors' guaranty fund in this manner: Within thirty days after it becomes ef fective, and on the 1st of December, M909, and every first of June and Docember thereafter, the banks shut make' a state ment showing their average dally deposits for the preceding six months, exclusive of public moneys otherwise secured; then: On the first day of the month next suc ceeding the date for making and filing such statement, the board will levy as sessments against the capital stock of each bonk as follows: Within sixty days of the taking effect of tho act, one-fourth of 1 per cent of the average dally deposits aa shown by the first statement filed; 1 On the 1st day of January, 1910, one fourth of 1 per cent of average dally de posits as shown by statement filed 1st day of December, 191; On the 1st day of July,. 1910, one-foith of 1 per cent of average dally deposits shown by statement filed 1st day of June, 1910; On the 1st day of January, 1911, one fourth of 1 per cent of average dally de posits us shown by statement filed De cember 1, 1910; . ... And on the 1st day of July and January of each year thereafter one-twentieth of 1 per cent of average dally deposits as shown by last statement filed. Thus 1.1 per cent of the average deposits of state banks will be paid into the de positors' guaranty fund by January 1, 1912. The fund so created is to be held by the various banks, as their proportion may be, and Is to be payable to the' banking board on demand. Banks" organized subse quent to, the taking effect of the act are to. pay In 4 per cent of capital stock, sub tct to adjustment later on average dally deposit basis. Procedure In Liquidation. In case of a bank failure, or closing of doors for any cause, tho receiver will pro ceed to collect all the money possible, and On order of the court may sell or com pound all bad or doubtful debts, except the liability of stockholders, officers or direc tors; and it is . provided that a majority of the . latter shall reside In the county where tho bank Is situated,' or In an ad- Joining county. Claims for deposits and claims of hold ers of exchange are to have priority over all other claims, except federal, state, county or municipal taxes, and .will con stitute a first lien after said taxes; and shall be paid Immediately out of the avail able cash in the hands of the receiver. If cash is Insufficient, the court shall de termine the amount necessary, to ; supply the deficiency, and certify the same to tho banking board, which shall draw on tho guaranty fund, by. drafts pro-rated among the solvent banks holding the fund, and send the amount, to the receiver. Should the guaranty fund be reduced or depleted from any cause prior to July L 1910, to an amount 'less than one-half cf l'per cent of average dally ' deposits, or subsequent to July 1, 1310, be dypletad or reduced to an amount less than i per cent of the average daily deposits,' as shown by last semi-annual ' statement, ' the banking board shall levy a special assessment on tho capital' stock of the bunks, to be based on the average daily deposits. When re quired for the purpose of immediate pay ment of depositors, such special assess ment may be for any amounty not ex ceeding 1 per cent of the average deposits In any one year. EXPLORER'S FINDS IN CHINA Traversing the Great Wall and perlencea Among the PlKnilrs. Oreeley Hall lUmliten .. Harlan .... Hayes Hitchcock . Holt Howard ... Jefferson .. Jyhnson ... Kearney ... Knox Lancaster . Lincoln .... Madison ... Merrick .... N anra Nemaha .. Nuckolls .. Oto Pawnte .... Phelps Piatt Polk Hed Willow Richardson fcallna Saunders SS.000 129.IKA 7.0iO 1,0X0 i,JOi 145.1KO 110,O 6.WO 10.000 6.000 72.4W fc.VO 18,010 39.0u0 15.6(0 IO8.O1O aio.oio 21. wo 172.3UU H,t" 46.(00 Kj.olU 52.MJ0 lle.wO 38.0O 131.(40 7.6 24.40 ' SS.IMO 21.5l 97.UO 7,t0 90j0 $ 2.111. a n 2J3.000 Ovi.ooo txn.iw, ' 276.00i 126,0(10 l,241.Ufc 9ifi.t0 toi.ml 910,000 SJW.OIO 2.D.0O0 123.000 343.01 0 344.000 l,is;.0uo 432 00") 456,000 1,373,0(0 281.000 S,5(j.U00 49,364. (O0 3o.OM 477,0)0 l.tKW.'JOO ivid.ooo 146,'M) 215.000 1.074.(00 1.123.0UO 145.O0 Mo.ww 1 75.0011 7Je,(0 Mo.Oi'i 4I,0"U 3s6.l0 32."i,0(O 4'UM 8.6.17.UOU 6o0.() l,94l.ont 346.CO !dl.ii 772, U00 l.R.f.OiO 673.UO JBS.0i4 l.uivom 040.00 447,(M( 496.0 1.2(..V JU 6O7.U0U 4U,U0u Totals 1" "9 owl in rV $66,111,693 New Banklnr Board. fnder the new law the state banking boird conslBts of the governor, the state auditor 'and the attorney general, hut the governor makes all appointments, vis.: A secretary at $3,000 a year; a clrrk at $1,600: one i other ..assistant.. It,.-, necessary, nc salary specified; also "person or persons as examiners, at $1,800 per year ench and expenses not to exceed $1,000 a year eieh ' Each bank must be examined at least twice a year,- and "as often as shall b deemed necessary and proper." Thus the minimum number of examinations pro. vlded for Is about 1,300, with the number of banks standing as at present, but new ones are being rontlr.i ally crganixed Fees to be paid for examination, to atae board: Banks with capital of $15,000 or less. 515; more than $15,000 and less than $.V),000, $20; $50,000 and less than $100,000. $30; $io0.000 or more, $30; surn rees snail ne pnia noi oftener thnn twice a year. The minimum capital provided for state banks Is $10,000; in towns with 100 popula tion and less than 600, not less than $15,000; towns of 500 and less than 1.000, not less than $20,000; towns of 1,000 to 2.ft. $25,000: towns of 2.000 to 5,000. $35,000; towns of 5.00 lo 25.000, $50,000; towns of 26.000 to 100.0(0, $100,000; towns of lOO.OOOJor more, $200,000. For savings banks, the minimum paid up capital must be $15,000; In cities of 60.000 to 100.000 population, $35,000; In cities over 100.000. $75,000. Fees for charters, to tie paid to the statj board, are: For a capital of $?5.000 or less, $26; for capital for more than $25,000 and less than $50,000, $25, and 60 cents for each $1,000 over $26,000; for capital of ever $50,000, $37.60. and ti cents for very $1,000 ovor $25,000. Must File Statements. Ail banks under state authority must file with the banking board, wlth)n sixty days of the date, when the act goes into effect, which will be July L. a statement of their condition. ' They must also make four reports each year to the board, and special reports when called for. A fine cf $50 a day la provided for those who fall to make reports when called for; and the making of a false statement la made a felony, which shall be punished by a fine of not less than $100, or Imprisonment in the penitentiary for not less than one nor more than five years. For violation of the general provisions of the law a fins of $2s a day Back from an extended trip of exploration in China and Tibet, in the course of which he made Interesting discoveries along the Chinese great wall, Dr. William Edgar Gell of Doylestown, Pa., arrived In New York on the steamship Minnehaha. Dr. Doyle traced the great wall through Its entire distance, from the coast to the northern border of Tibet, discovering about 200 miles of the structure that had nut yet been mapped. He said he had found evi dences ot the existence of at least ten threat walls, apart from the famous one, and con firmed reports of the existence of a wild race of Chlnvse pygmies In the .northern mountains, where they had dwelt for twenty centuries. This was the first time a white man had ''J traveled the entire length of the wall, Dr. enoll Avnlolna.l ....! I, .. ....11.,....., I . .. . I. . ' . .,i!..,.v i v. iin ururrcu 1 1 vr (i me first tlmo any one. had done so. "We had an expedition of about twenty- five men," he said, "and did most of our' traveling witn pack mules, starting In May, 1908, from Shan Ilia Kuan, where the great wall lias one of Its ends, dipping into tho Yellow sea. The other end of the wall is at Klan Yu Kuan, north of the Nan Shan mountain range, which we reached In Sep tember. We discovered about 300 miles of great wall that had not been ' charted. "The distance between the two ends of the great Wall Is about 1.250 miles, but our whole trip was about 1.800 miles. Our Journey took us into Tibet, where I fell 111 and had to be carried along by my men for several days." Speaking of the strange race of pygmies, he said that Chinese legends regarded them as oescenoanis or a race which was en gaged In the laborious work of building the wall centuries ago. "The legend says that a certain people were unable to stand the abuses of the Blasters In the building of the wall." added Dr. Gell, "and fled Into the country south of the wall, and that the laborers, when they would fall exhausted from their en deavors, would be thrown Into tho wall structure and be burled there." Members of the expedition had no serious fights with natives, but extreme care was necessary at many times to prevent trouble. They met Chinese who said- they liaJ never seen white men. Along the wall six or seven main varieties of the ClUnese language were spoken, and there were va riations of these varieties, but the Chinese interpreters with the party were able to talk with any of the natives encountered. New York Pest. 1 11' Slates OF UNITED Capital, $600,000 OMAHA, NEBRASKA ' STATES DEPOSITORY Surplus and Profits, $600,000 Comparative Statement of Deposits, 1883 to lOOO 1883, S006.737.13 1888, $1,704,010.20 $1,760,640.35 $1,008,061.70 1893, 1898, 1903, $4,171,907.97 10, $9,075,393.33 IS9 stioo9ooo. OFFICERS: M. T. BARLOW, President. G. W. WATTLES, Vice-President. V. B. CALDWELL, Vice-President. A. MILLARD, Vice-President. W. E. RHOADES, Cashier. G. E. HAVERSTICK, Assistant Cashier. R. P. M0RSMAN, Assistant Cashier. 0. F. BRINKMAN, Asst. Mgr. Credit Dept. M. T. BARLOW, President United States National Bank. S. 8. CALDWELL. of Coal Hill Coal Company. V. II. CALDWELL, Vice President United States National Bank. E. A. DUFF, President Duff Grain Co., Nebraska City, Neb. ''thos. a. fry. President Fry Shoe Company. DIR EC TORS: C. W. LVM AX, Vice President Nebraska Telephone Company. EUCLID MART IX, A. MILLARD. Vice President United State National Bank. E. M. MORSMAN. Treasurer Nebraska Telephone Company. A. L. REED, President Byron Reed Company. W. E. RHOADES, Cashier United States National Bank. . P. SMITH. of Smith Brothers, New York and Omaha. W. A. SMITH, Treasurer and General Manager Omaha and Council Bluffs Street Railway Company. G. W. WATTLES, Vice President United States National Bank; President Omaha and Council Bluffs Street Railway Company. ; President Omaha Grain Exchange. C. E. YOST, President Nebraska -Telephone Company. The United States National Bank of Omaha Invites the Accounts of Banks, Corporations, Firms and Individuals :i TIT Capital $200,000 Surplus and Prolits $100,000 UNITED STATES DEPOSITORY mil National Sail OF OMAHA H. W. YATES. - - - President WARREN iWITZLER, Vfce-Pres. W. E SHEPARD. - - - Cashier H. W. YATES, Jr., - Asst. Cashier AYDEN BROS; BANKERS Incorporated Dec. 24. 1906. Capital. . $100,000 Deposits. $350,000 This bank was started as an adjunct to the Hayden Bros Department Store, for the accommo dation of store customers only; many outside de posits have been tendered, and so often, that it has decided to reorganize the Bank, increase its cap ital, occupy a building used for banking only, and change its name to CORN EXCHANGE BANK AUTHORIZED CAPITAL $500,000 PAID UP not less $250,000 These changes will take effect June 1st, 1909, or as soon thereafter as practicable. , , It will transact a Commercial Banking Busi ness, and solicits all business in that line. ' : : of 140. The first yar he male and I .old only Blxty gallon, of a certj rin k of which last year more than i.iwt.OOo gallon, w re dUposVd of. In twenty years t e man who .tartod with $40 nrw earn, on his Mmmef drlnk more than W.OoO.0.0 . ac. year ofl SSrn -.nTe of the" W r.U wm part of hi. profits. And hi. bne U irrowlim larger every year. There la a than aim " t any manufacturing bushie VT'are. In this country mur.th.n JW All Ul I person. In Imm accumulatlnR In immense Vumulate-t. or 1 1 ii v . jjj . v . ..... US. u. - ,,r,nl. hual. fortune.. Oet in t" "'" ","".,, "u. nes. If you want to roil in wmm. lngton Post. Tk Ul. that fmw: "Young man, go into the summer drink bu.int. If you want t. retire a million aire." uld Albert W. Braisted of Huston at the Arlington. "I know one man who tarled twenty jar ago with a cuultaU. nilK, Ka Hlver. Practically alV the .tream. In Kansas wire named by Indian, and carry those rame. to this ciay. though In an Anglh lid IOTh"e Neosho, the largest stream in south- II mm- bx.'i j . - ..... ... one ur.ie iiveu in- thev t Kan talking of id Indians ai rl. and when trHd ng thtir land. In that Male und mov ing to southern Kansas, a !rty was sr-nt out to look the country over and mike a report on it. It was In the summer time and very hoi and dry. fomtng ovci the prairie noltl.esst of Humboldt they h.1 'A Ion wuy to irav -i wiuiuui w. 'When mey .rnvru m n A T IHckermaii of Oswego, "an Indian ro'de.dnwn the 1 ping bank ioto the water l:u. to h's surprise, the hor- St. -pot d light olf into deep water, and the horse A till- i T.Hu,. wfiit in all over. aborigine clajnuered back on tn bank, he muttered. Wugh Neosho.' This. In plain Kniilish. means water pocket, or water hole, and the name clung to the stream ever afterward." Hutchinson News. Bigger, Better, Busier That's what ad vertising in The Bu dots for jrour bubiius. D. B. WELPTOS, Pres. D. H. WHEELEU, VlccPrc Oldest Agency In tha City Cstabll.h.d 1867 HERBERT WHEELER, Treat. CEO. C. COOPER, Sec'y WHEELER (Ei WELPTON CO., Inc. INSURANC FIRE Diligent Attention Given the BONDS Best Interests of BOILER Our Patron. UUHCLARY PLATE CLASS HEALTH TORNADO .. ACCIDENT LIABILITY AUTOMOBILE PHONE DOUG. 186 2nd Fleer Crelghton Block CERTIFICATE OF PUBLICATION. STATE OP NEBRASKA OKFICE OK AUDITOR OF PUBLIC ACCOUNTS LINCOLN, February 1. 1909. It la Hereby Certified, that the Commercial Union Assurance Company of London, England, has com plied with the Insurance Law of this State, appli cable to BUth Companies and la therefore authorized to continue the business of Fire Insurance in this State for the current year ending; January 31st, 1910. Witness my hand and the seal of the Auditor of Public Accounts, the day and year first above written. SILAS R. BARTON, (Seal) Auditor of Public Accounts. C. E. PIERCE. Deputy, 15th and Douglas Streets' OMAHA. Ntti. CERTIFICATE OF PUBLICATION. STATE OF NEBRASKA OFFICE OF AUDITOR OF PUBLIC ACCOUNTS LINCOLN, February 1. 1909. It Is Hereby Certified, that the Royal Insurance Company of Liverpool, England, hag complied with the Insurance Law of this State, applicable to such Companies and is therefore authorized to continue the business of Fire Insurance in this State for the current year ending January 31st, 1910. Witness my hand and the seal of the Auditor of Public Accounts, the day and year first above written. (Seal) SILAS R. BARTON, Auditor of Public Accounts, C. E. PIERCE. Deputy, ,'7 r t t 1 i V A V; H I"