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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Aug. 17, 1910)
THE BEE: OMAHA, "WEDNESDAY, AUGUST 17, 1910. I- nf.-;y;y as tsi'is miltt i i . ...I ft I 4 "'" ri.-.ini.il-iiniti.ij Insurance ti ' - I -siii: Conservative Savings & Loan Ass'n OF OMAHA, NEB. FINANCIAL STATEMENT at tsb orararo or busixsis jtjlt i, iio. KESOUBCXS. Zrfans ob Keal Estate 1 4,846,41.B6 Loans on ran Book nrity es.7ai.oa eal X.tat. gales on eo-'i"u" Oontraot 8,304.73 Voreolosur. Aocount 6,390.06 Accrued Interest 13 iai.84 Office Building and Lot... 60,000.00 Oaah on Hand and In Banks . 388,398.04 98,401,773.70 nCBBASB la Re son roes rirat Mix Months 1910. .. 9 801.933.34 liabilities. Dun Paid and Dividends added thereto $4,HS,B19.77 Building I,oana 873.048.90 Beeerre Fund 188,000.00 Undivided Profits 18,308.03 $8,401,773.70 Investments of from fl to 98.000 Received and Dividends Allowed from Pate of Beoelpt. Bin Par Cent Dividends. orrxcxBS Airs . . GEO. K. OILMOHE,., P. W. KUHN8. Secretary and Treasuer WILLIAM BAIKD Counsel K. A. BENSON ...Real Estate A. W. BOWMAN Ketall Shoe RANDALL, K. BROWN of Coal Hill Coal Co. ROBERT DEMPSTER Retired JOHN F. FLACK Freldent City National Bank CHAS. C. OEOROE..; . Investment Securities DXBXOTOBS. President BTRON R. HASTINGS. . .Real Estate J. C. ROBINSON . . Wholesale Seeds, Waterloo, Neb. J. A. SUNDERLAND Pres. Sunderland Bros. Co. H. A. THOMPSON of Thompson, Belden A Co. A. P. TUKET Real Estate C. M. WILHELM ..of Orchard & Wilhelm Carpet Co. fire Automobile Buralarv Accident Tornado Liability Bonds Health Plate Glass Steam Boiler .Webster, Howard & Co. INSURANCE 326 Dee Building Telephone Douglas 970 n Is. A. CTJDABTT, President. C. T. KoQXIW, Vice-President A. J. X.OTB, Secretary AXMABHOkT, Aast Bee. X.UTHXB SUn, 8d Tloe President. Authorized Capital. $1,000,000.00. Paid la Capital. $200,000.00. iTBBBnssssssBSsBMBasBBssssBW I si i i in i n I I n im -,tttmamittM0mmmmmeBWWWmmnWTeWBMS'j OUABA VATIOBAZ. BAVK BUZX.BQra SZBBOTOBBi A. A. Ondahy, Pres. Ondahy Paokini Ca. O. T. MoOrew, Capitalist. A. J. Ziove, Pres. tove-HaakeU bo., Znsuranoe. John O. Oowln. Attorner-at-Law. O. W. Palm, Pres. Palm Insurance Asency. Jno. B. Brady, .-Pres. MoOord-Brady Oo. B. B. Bowell. General Inauranoe. Sherman Saunders, Pres. Sannders-Westrand Grain Oo. Morris Levy, Prss. Xebraaka Clothing1 Oo. Prank T. KamUton, Tloe-Pres. Mexohanta XatlonsJ Bank. mi, Z.IOBTXZXa ajtd wixdstobm zxsvbaxob Woodmen of the World Fraternal Life Insurance ASSETS $11,500,000.00 BX. f. P. T.aTBS, overeirn Clerk IVOINJE BE XX E R Wheeler t& Welpton Co., Inc. All Reliable Insurance Kinds GENERAL AGENTS VOH NEBRASKA FOR Tha Ocean Accident and Guarantee Corporation. The National Buret Company. LOCAL AGENTS FOR Royal Insurance Company of Liverpool. Commercial In ion Assurance Company of London. Fire Association Insurance Company of Philadelphii German Alliance Insurance Company of New York. 1511 Dodg9 Street. Phone DougUt 186. J B. L. Baldwin (& Co., General Insurance Agents 1221 Faraam Street. We WTite all kinds of insurance on every kind of prop erty anywhere. All losses are promptly adjusted and paid without disoount or delay. We want your busi ness and will come for it if you will phone us. No better companies represented. No companies better represented. TELEPHONE OF BIC SERVICE Wonderful Growth Since Invention Thirty Years Ago. MODEL PLANT IS IN OMAHA Nebraska Telephone Company Has 25,000 Phones in Operation In Omaha and Saborbs Con stantly Increasing;. Of all the great public service enterprises that have been of Immense benefit to the development of civilization In this country, as well as other countries, no one has been so far-reaching In Its scope as the tele phone. A little over forty years ago, when Alex ander Graham Bell Invented this Instru ment, he, little more than those associated with him, realised the future of this In vention or probably little thought of Its effect on the development of the country. The telephone was first exhibited to the public at the Centennial exposition In 1876. At that time an enthusiastic friend of the Inventor prophesied that in 1900 there would be 100,000 telephones In this country. This prophecy, at the time, was considered by many to be preposterous, but the result has been more marvelous than the most opti mistic thought it possibly could be, and to day there are more than 5,000,000 Bell tele phones In use In the United States and Canada. The Nebraska Telephone company. branch of the Btll system, has more than 25,000 telephones now In use In Omaha. The system here consists of five exchanges Douglas, Harney, Webster, Florence and Benson, all these being lnter-connectlng so that a subscriber on any other exchange can reach any one In Omaha, Council Bluffs or any of the suburbs. Omaha's first telephone directory was put out July 10, 1879. This consisted of a single sheet of paper containing less than forty names. This directory contained the names of Omaha's pioneers, some of them still in active business life. Those who are acquainted with the tele phone only through the use of their office or home Instrument, little realise the com plicated machinery that Is required to fur nish telephone service to a city the size of Omaha, but to one who has seen the maxe of 40,000 wires coming into the cetv tral station, or who tries to follow the message through the various tables In its twisting and turning until It reaches the operator and then back again through another pair of wires on to the person who receives th. message, or who has explained to him the complicated, but Instantaneous working of the apparatus that Is necessary to get Instant communication between a local subscriber and a distant city, begins to realise the enormity of the enterprise. Complicated Network. Every telephone instrument In Omaha la entered into the exchange by two twisted wires running to the central switch-board. These wires run In bunches of twenty or more In absolutely water tight cables. These cables are moisture proof, for any drop of moisture within this cable would ceuse Instant trouble and cause one con versation to Jump from one line to another. Each of the 40,000 pair, o wires coming through the underground passage way Into the Eighteenth Btreet exchange, represents an Individual telephone or a party line. Shortly after entering the building these cables are "fanned out," which means that the wires are separated and run Into the Individual connections along the rack In order that Interference with lightning and other outside causes may be avoided. Each circuit Is run through carbon connections so that a stronger force than the ordinary circuit can be thrown off and "grounded," so that any charge too heavy for the switch-board, for which the message must ultimately come, is by this means thrown Into the ground before it can do any harm. All of the wires from the rack to the lasement are run to the second floor where there Is another or an Intermediate dis tributing rack, where tue paired wires ais connected with relays which supply a third wire for each telephone, these three wires being used in connecting with the Second system by which the central communicate with subscribers. The exchange room where the connec tions are made Is a mass of switch-boards. A constant murmur (Ills tuls room as one must realise when it is understood that Koo.000 calls are made through the switch board every day In the year. Before every three or four feet of switch-board apace a girl sits, constantly on the alert for calls coming In to her section. With her hands she la constantly manipulating the plugs, placing them In the "Jacks," and listening, to the calls from other subscribers at the same time. Girls Require It eat. On account of the rapidity of the calls during the "rush" hours, tach one of the girls Is given a rBt period of fifteen min utes during euch two liuurs of Work. When the subscriber takes down his re ceiver a small electric lamp, which repre sents his Instrument on th board of the operator to whom he is connected, lights up. The girl reaches for a pair of cords and places the plug of one of tnem Into the proper Jack to connect her with tha sub scriber. Then she asks for the number. If lie calls for a connection of the same ex change she puis the other plug cord Into tne proper Jack that represents this tele pliuiie and presses a lever. The lever rings the second telephone, the one which is to receive the message. By the working of the signal light she can tell when the called .receiver Is taken down and when the con versation Is over. When both receivers are hung up she takes out both the plugs and ; they do service again in connecting two i others. If the subscriber Imagines that he ( Is causing the central operator any great discomfort when he Jangles up and down on the receiver he Is much mistaken, for i It never reaches her only as the flashing ' of a tiny light I For svery ten or twelv. girls ther. Is an I Inspector who walks along behind them , continually, supervising, watching, heloin and working to Insure patrons immediate service. Thtfre are In th. employ of the company nearly M girls, of which number about auo are at work in th. Douglas ex change on regular lines and sixty on toll lines. Rest Room for the Girls. The girls have the use of a big locker room and a rest room, which Is well sup plied with periodical reading matter. A dining room with covered tables Is pro vided where they can eat lunch. Tea or coffee Is kept hot and sold for a nominal price. There Is a hospital room well equipped for emergencies. The exchange room Itself Is ventilated with a special apparatus which sucks air In from above the roof by artificial means and forces It through water vapor to re duce the temperature before It goes Into the room. The operator's busiest time varies accord ing to the exchange at which she works. At the Douglas street office, where calls come in almost entirely from business houses, the busiest time comes between S and 10 In the morning. About 8,000 calls come in during this one hour. At the other exchanges, which serve residence tele phones, the maximum hour comes In the evening between 7 and 8. This is th. time hen the wires are used for "visiting." The Webster exchange gets about 8,900 calls during this hour and the Harney about 3,500. By means of this vast and complex ma chine all th. wonders of modern telephoning are made possible. There is no doubt In anyone's mind nowadays as to the con venience of having a telephone in the home and the absolute necessity of It in a busi ness office. elsewhere. One of our own great savings banks dates from 1816, as does one In Phil adelphia, and it is In the United Rate, especially In the east, that savings banks have sustained their greatest development. By th. latest available report of the comp troller of the currency there were In this country more than 1.400 such banks, having nearly 9.000.000 depositors and with aggre gate deposits approaohlng $4,000,000,000. When one looks back upon the man who set this weighty force In motion, the view Is altogether pleasing. Henry Duncan, min ister, was the son and the grandson of ministers. Weighing the number and ex tent of his activities, it seems a wonder that he escaped being denounced as a Jacobin. It Is known that he did fall un der suspicion, as not quits "sound" theo logically, because of his sesi for education, manifested by his pnrlnh library, his science classes, and his "conversational Sunday lectures." Yet In behalf of such objects, and his cherished purpose of the savings bank, ha "squandered ease, expense and time," and his severest critics within th. bounds of the presbytery must have found In him "the root of the matter" when h. crowned his career by a final act of sac rifice for he, with his two sons and his son-in-law. all ministers of the Church of Scotland, "went out" In th. disruption of 1R. Boston Transcript. CENTENARY OF SAVINGS BANKS Orlaln and Growth of Thrifty Idea Conceived by Scotch man. In the little town of Ruthwell In southern Scotland, there has recently been celebrated the centenary of the first savings bank. It Is true that, previous to 1810, there were In England and other countries a few asso ciations for saving; but the savings bank, In the sense which we attach to the term, had Its real beginning with Henry Dun can, Presbyterian minister and philanthro pist, who, In a period of exceptional dis tress, kept down the poor rates of his par ish by persuading people to help them selv s. In Dr. Duncan's time, a stocking, a chink in the wall or a loose board In the floor offered the only ways open to poor people for keeping surplus money. Th. banks then existing did not accept sums under flO, and to attain to the height of affluence represented by that amount was by no means easy. If on. was known to save, he might be spied upon and robbed, or he might be deprived of his money under the polite disguise of borrowing, or, in an Imagined emergency, he might fall back upon the reserve fund and use it needlessly and somewhat recklessly. . Dr. Duncan be lieved that these dangers could be obvi ated by a savings bank. Once their money was safe In its keeping, he thought, people would not break In upon the little hoard except for some urgent reason. This was plausible enough; yet there were difficulties. The poor were suspicious; politicians, Cobbett, tha London Times, the banking Interest opposed. But tha deposits In tha pioneer bank at Ruthwell, which In the first year, 1810, amounted to only 151, rose In the fourth year to i'J22, and, mean time, the generous Idea was being taken up German-American Life Insurance Co. OMAHA Wo Write the Kind of Lifo Insurance It Pays to Buy Wc have paid a larger percentage of dividends to policy hold ers based upon Cash Surrender Value of policies, during the history of the company, than any competitor. We led the world on gross volume of Legal Reserve Life in surance gained in Nebraska in the years 1908 and 1909. I The Columbia Fire Insurance Company Omaha, Nebraska January 1, 1010 Auets $1,284,723.99 Capital folly paid . 200,000.00 Net surplus 191,413.13 Security to policy holders 1,253,273.49 Losses paid 1,303,839.59 Losses unadjusted 9,550.60 Losses adjusted and unpaid NONE ABSOLUTE SAFETY FOR POLICY-HOLDERS It settles its losses promptly and equitably. ' A SHARE OF YOUR PATRONAGE SOLICITED. Home Of floe Merchants National Dank Oldo. Pksnt Doo!u 451 SEMI-ANNUAL STATEMENT of German Fire Insurance Company Omaha. Neb.. July 1, 1910 CASH CAPITAL $100,000.00 Premiums Written Cash in Banks and Office Assets - $134,455.05 31,523.24 256,623.09 OFFICERS: JAY E. WHITE, Pres. JOHN WALL. Vice-Pres. C. W. HICKS. Sec. F. P. COWDERY. Asst. Sec. H. W. HICKS. Treasurer DIRECTORS: Jay E. White C. W. Hicks Ed. P. Smith H. W. Hicks John Wall F. H. Myers C. J. Miles HOME OFFICENo. H02 to 1212 City National Dank Building. Insure Your Property in the GERMAN FIRE OF OMAHA. A GOOD RELIABLE HOME COMPANY