unday Bee.
raxr mti
HALF-TONE
A PAPrR TOR THE HOMt
OMAHA BEE
raozi oirz to rorm.
BEST IN THT WEST
VOL. XXX IX NO. 4'2.
OMAHA, SUNDAY MORNING, APRIL 3. 1910.
SINGLE COPY FIVE CENTS.
CORN EXCHANGE NATIONAL BANK'S PALATIAL QUARTERS
Fhe Omaha
Beautiful Home of Omaha's Latest
THE Corn Exchange National bank has just become domiciled
In Its handsome new quarters on the main floor of the
Barker block at Fifteenth and Farnam streets, thus en
joying the lightest and at the came time most conveni
ently located banking Institution in Omaha.
The bank wa organized as the Corn Exchange back about eight
months ago under a state charter, and on April 1 of the present year
became a national bank, to be known hereafter as the Corn Exchange
National bank. It wa opened for business July 6, 1 909. lta stock
holders and director are men long Identified with the larger busi
ness Interests of Omaha and Nebraska, and in point of financial re
spocsiblllty will equal those of any basking Institution in the state.
The director! are Joseph Harden, Hayden Bros.; James Langan,
capitalist; B. T. Marshall. Marshall Paper company; E. P. Mysrs,
Banking Institution Something About the Men Who Will Have the Direction of Its Affairs Solid Business Men for IU Stockholders
ranchman; Charles H. Pickens, Paxton Gallagher rompiui;
Thomas B. McPhrrsoc, Charles K. Sherman of Sherman : Mc
Connell, T. E. Sleiens, Gottlieb Stori cf le Mori b.-cwiag .oiu
pany, J. W. Thomas and John R. Wibstir, general manager of tuo
Omaha Bridge and Terminal company. He o.octri ol tUe imuk are
Joseph Harden, presitUtt; T. E. btteEs, kh ftM-tut, ei.d J. W.
Thomas, cashier.
When the Corn Exchange bank openei fnr busings el3.1t months
ago the deposits amounted to $3 96,000. Dur.ug these eigat months
the deposit have Increased to 1 1,000,000. which shows a more rapid
growth than any new ttnk yet organized in Omaha.
The new location cf the torn Exchange National bank is one of
the most advantageous In the city, convenient to the wholesale and
retail districts and leading hotels and railroad office. The big
ieventeon-etsry Woodmen of the World building to be
erected this svmmer will be but one block east, and the new
macniSccnt $1,000,000 headquarters of the Union Pacific
Railroad company but two blocks north.
The interior finish cf the bank's new quarters Is the
hanlsomest In the city and is palatial In its magr.ilWnce.
The bankng room occupies an area of "0x40 feet. Two
larre windows open out on the Farnam street front and
three large windows on the Fifteenth street front. These
are of the heaviest plate glass and afford abundant light.
The floors are cf ornamental ceramic tiling, designed with a
Tlew to harmonizing with the other fixtures.
The interior arrmeat is a combination of mahogany.
:i
.--?
' ''
.v::'...-J' -fr-ii, - -n 0rl II::....
i - V. .- ' 0 N It V
I :..-1T-s- ,
If f HI it'' F" Pftt - L: (I jr
n.arble a .id bronze, and was designed and placed by the Alfred Bloom
company vf Omaha from plans suggested by Mr. J. W. Thomas. The
u.a-o?ai.y .'ihisLicgs comprise the highest grade of that wood known,
lung Lgure-I Tobago, and is especially rich In Its dark and beautiful
coli.t ug. 'itie marbles for the die or datta work is imported Skyros
marl If, htvmg u rich roseate vein permeating it, gradually mingling
vuii a tucu i'lnn, merging Into a golden brovn. The ba5es are
o:" cr-c- int.iUv.- u.ki6ite and are supportej to the brick walls In a
base of pure ceuionL
The metal grills are of wholly original design and are of solid
bronze. The dealing plates are of genuine Imported Belgian black
ir..irble, the hardest marble known. The cash drawers are ball
bearing and are made with equal solidity with the rest of the fixtures
of the handsome establishment. Along the top of the grilled cages
and office rails are diamond-shaped electric ground glass shades, for
a:!fcial light when needed.
The cashiers' and tellers' windows are at the east side of the room
and the receiving tellers' windows at the south side adjacent the big
.i:!t.
The vaults are equipped with a multiplicity of electric wires,
woven Into the floors and doors, and connected with the American
District Telegraph alarm system operated by the Western I'nion
Telegraph company, thua keeping the bank in constant touch with
this elaborate, modern system of bank protection that will give ln
start notice of any Interference with the bank vault or dooTS, par
ticularly after banking hours, at any hour or the night or day. An
automatic signal gives notice every fifteen minutes during the night
that the watchman is onto his Job, and any delay or defect In the
fifteen-minute signal will bring a force of policemen and detectives
to til bn- to investigate.
The safes are of the latest and most im
proved designs for the storing of cash and
securities and the vaults are so situated
that they cannot be approached from the
front and can only be reached by passing a
group of several alert clerks and bank offi
cials, consequently the danger of robbery
la reduced to the infinite minimum.
The main entrance to the bank is from
the Farnam street front through heavy ma
hogany doors which lead into the marble
restibule, from which ascent Is made into
the main bank room by a short flight of
asy marble steps.
Joseph Hayden, president of the Corn
Exchange National bank, Is one of the pio
neer business men of Omaha and is presi
dent of the Hayden Bros.' department
tore, one of the most successful business
institutions in the west, and which has
reached Its high business plane largely
through the personal attention Mr. Hayden
haa given the business. Few men in
Omaha are better known or more highly
esteemed than Joseph Hayden, and none
occupy a higher position In the west for
honesty, integrity and Industry. He has
always been a loyal and unswerving friend
of Omaha as well as one of lta greatest
ft
Vie.w Faom Entrance
tutlon started In this city two or three years ago, and which has since
grown rapidly. I-ast year this institution did a business of over
$300,000. Mr. Stevens has during his long and successful career as
a banker been Identified with the leading bankers' associations and
was for thre years a member of the executive council of the Amer
ican Bankers' association.
J. W. Thomas, cashier of the Corn Exchange National bank. Is
one of the most widely knomn and popular men In Nebrrska banking
circles. He was for many year cashier of the I'nion National bank
of Omaha, until It went out of business, merging with another of the
Omaha banks. Prior to that time Mr. Thomas was receiver of the
American Savings bank. He was for a number of years engaged in
banking In Cueter and Sheridan counties, Nebraska, and thereby be
came widely acquainted among the live stock men and ranchmen of
Nebraska, which acquaintance will prove a strong asset to the Corn
Exchange National bank.
fir. Thomas has been a resident of Nebraska for about thirty
years, most of which time has been spent In Omaha, where his
friends are only limited by the broad extent of his acquaintance.
The attaches cf the Corn Exchange National bank are all well
known and highly esteemed young men of Omaha, all of whom have
had a greater or less training in banking alike creditable to them
selves and those with whom they have been associated.
A partial list of the stockholders of the Corn Exchange National
bank will Indicate the substantial character of backing the bank has,
all of whom are among the best known and enterprising citizens of
Omaha. The list includes:
C. L. Alleman, vice president Standard Oil company.
O. E. Berg, president Berg Clothing company.
F. A. Brogan, attorney at law.
H. K. Burket, undertaker.
A. J. Cooley, A. J. Cooley company, warehousemen and for
warders. Thomas Flynn, Hayden Bros, department store.
Frank A. Fnray, city and county treasurer.
Joseph Hayden, Hayden Bros, department store.
Frank H. Hoel, treasurer McCord Brady company, wholesale
grocers. y
J. A. Langan. capitalist.
C. B. Liver, C. B. Liver company, butcher and bar supplies.
A. J. Ix)ve. president State Insurance company.
E. E. Lowe, ranchman.
Thomas B. McPherson. McPherson and Hysbam, formerly with
Union Stock Yarda National bank. South Omaha.
B. F. Marshall, president Marshal Paper company.
E. P. Myers, ranchman.
Harley G. Moorhead, attorney at law.
C. W. Partridge, contractor.
Charles H. Pickens, manager Paxton & Gallagher company,
wholesale groceries and hardware.
Thomas F. Qulnlan, superintendent Hayden Broa. department
store.
C. A. Schmidt, oashier Blair National bank.
Charles F. Schwagwr, Alamlto Sanitary Diary company.
Charles R. Sherman, Sherman & McConnell, wholesale and retail
druggists.
C. J. Smyth, Smyth tt Smith, attorneys at law.
T. E. Stevens, vice president.
Adolph Storz, vice president Stors Brewing company.
Gottleib Storz, president Storz Brewing company.
T. F. Stroud, T. F. Stroud company, road building machinery.
E. R. Tarry, M. D., specialist.
John Tighe, grain elevator.
B. F. Thomas, postmaster, Omaha, Neb.
J. W. Thomas, cashier.
T. A. Thompson, C. Sidney Shepard Co., hardware.
A. E. Wallace, Millinery department. Hayden Broa.
John R. Webster, general manager Omaha Bridge
tnd Terminal Railway company.
The growth of Omaha banking institutions ha
been one of the very best external evidences of the
city's increase in commercial and industrial Impor
tance. The financial booses could not make the
splendid showing they have if the other interests of
the city were not keeping pace. Omaha has risen to
the twelfth position among the cities of the United
States in the clearing house reports, showing bank
clearings that average $3,000,000 dally. Indicating the
volume of business that is being transacted by the
local banks as being of first importance. The new
Corn Exchange National bank will add to thia volume
of business, being another factor in the city's growth.
All of this aerves to put the city before the world in a
better light, indicating its great enterprise and the ex
tent of Its business connections. The country served
by the Omaha banks is one of the richest region in
all the world and is Just now at the very top of the
wave of prosperity. It is essentially an agricultural
region, where the pursuit of husbandry are para
mount, and yet It la developing industrial Interest of
no mean proportions, factories growing up to manu
facture the raw materal of the farm into finished
good for the consumer. All of these fact point to
the attractiveness of Omaha aa a center for strong
banking institutions, and the newest addition to the
city's list Is of the kind that makes for tu permanent
growth. The Corn Exchange National bank seems to
have come Just at the right time.
( V j)
V
business factors. Modest, unassuming,
kind and genial are qualities that have sur
rounded Mr. Hayden with a constantly wid
ening circle of friends, with whom his word
is a good as hi bond. These attribute
of the Corn Exchange National bank'a pres
ident bring to it a strength and confidence
that cannot be gainsaid.
The active management of the bank
will be In charge of Vice President T. E.
Stevens and Cashier J. W. Thomas, both of
whom have a large experience in country
and city banking. This experience of these
officials in banking out in the state will
make the Corn Exchange National bank
particularly well equipped to act as reserve
agent for country banks, as the condition
suroundlng country bank will be thor
oughly understood.
Vic President T. E. Steven began in
v the banking business as a boy in Vermont.
After serving an apprenticeship of three
year he came west and accepted a position
as receiving teller in the Omaha National
bank. About eighteen month afterward
he was proffered and accepted the position
of paying teller In the Commercial National
bank of Omaha, Thirteenth and Douglas
streets, which position he held until he or
ganized the Blair State bank at Blair, Neb.,
some twelve month later. He became
cashier of the Blair State bank, continuing
in that position from 18S7 until 1906.
when he removed to Omaha. He also or
ganized the Arlington State bank at Ar
lington, Neb., in 1890, retaining hi inter
est in this institution up to about two year
ago.
These two bank are among the best
Nebraska banking institution from the
standpoint of popular confidence and a
dividend earner. When Mr. Steven sold
hi interest in this latter bank the price
paid was over 1160 per share.
Mr. Steven aeem to be successful in
all hi business undertakings, a he, with
Mr. C. C. Denny, own and operate the Hu
mane Horse Collar company, a new insti-
One Whaling Good Whale Story
THE skipper, officers, crew and passengers of the Santa Mart,
plying between New York and Carribean port, united la
pulling off a whale story when the ship cast anchor in New
York the other day. The story varied slightly in details,
but agreed on the main feature, tow It, that while off the
Delaware capes the Santa Maria bumped into a sleeping whale and
cut it in two. The wlreles operator said the whale wa ninety feet
long and that many of the ship's passengers were looking forward
from the promenade deck when the whale was first seen about a
quarter of a mile ahead amusing lUeif spouting and Bailing around
in a circle like a cat chasing it tall.
After a while the whale gave up the gentle exercise and settled
down on the placid surface of the aea a if about to go to sleep. The
kipper murmured something uncomplimentary to whale that kept
on erratic course or no course at all and thus forced an orderly man
of the aea to dodge. When the ship wa within about half a hip'a
length of the whale Captain Porter noted that the whale had decided
definitely to go to bed right In the course of liner. This wa not
discreet and spoke little for the practical nautical schooling of the
whale.
It was not asleep very long. Whatever dream It may have been
having was its last. The skipper made a swift effort by putting hi
helm over to avoid the whale not for the whale' sake, but for tb
chip' sake but he waa too late, and the steel cutwater of the Bant
Marta, which is a new, big boat, making its maiden trip from Santa
Marta, cut right into the whale. The ship did not atop perceptibly,
according to the circus people, one of whom, also according to them,
was doing a trapeze performance on the trtatic stay and was Jolted
to the deck, but It did tremble from stern to stern and from keelson
to truck.
Passengers ran to the rail and saw things. The wireless opera
tor declare that he noted great splotches of blood on the sea and red
fountain spurted through the hawseplpe. Nobody forward saw the
wbale. The speed of the ship was about fourteen knot and the
whale, according to the third officer, wa too far astern for the folk
forward to see, so swiftly did the Incident pas. The third officer
did not want to be responsible for the yarn, but there were men of the
ship' company who were aft who saw two sections of the whale drift
away on the port and starboard quarter. And Quarantine, which
tell the truth, said that the ship "when off the capes of Delaware
ran Into a whale about eighty feet long which was apparently asleep.
The whale was cut In two. The steamer sustained no damage."
The reporters who looked at the bow of the Santa Marta after tt
docked found no trace of Mood. New York" San.