TIIE BEB: OMAHA, THURSDAY, AUGUST 14, 1913.
Comptroller's Call Shows Omaha Banks in Good Condition
BANKS HELP MOYE THE CROPS
The Omaha National Bank
Omaha Institutions to Oct Part of the
loan from Government.
SOME MAY NOT NEED THE CASH
If They Or the Tito Million tt Wilt
Amount d Ahunt llnr-llnnrtrr
of Whnt In firnrrnlly Used
for Thin 1'nrpof.c,
1,1'TIIKIt DIM UK. President.
FltAXK T. HAMILTON, Vico Prrnlriciit,
I'ltKI) P. HAMILTON, Cnntilcr.
It. II. MKILK, AHN't. CnMilr.
C. H. IUGI)AL13, Ass't Cnslilcr.
1633
17th and Farham Sts. Statement Made to the Comptroller of
ItESOURCES
Loans and Discounts 17,942,817.70
Overdrafts 5.053.16
U. 8. Bonds, for Circulation.... 1,010,000.00
Stocks and Bonds 377,869.60
Banking Houso and Vaults COO, 000.00
U. S. Bonds for
Deposits $ 207,000.00
Due from Banks &
npproved Reservo
Agents 3,124,749.65
Cash on Hand 1,808,729.51
Due from U.S. Troas. 50,000.00 5, 250, 479. 1C
115,186,219.68
J. H. MILLARD
President
J. DeP. RICHARDS
Cashier
ARTHUR C. SMITH
I
Koitiitze Bros. 1857
Nationalized 1803
Fifty-Six
Spend Less,
Save More.
LOAN SHARBTflREATBNIHG
"Demand Settlement of Extortion or
Else Will Take Furniture.
WORKED. SMOOTH, PETTY DEAL
I'ook Advantage of HorroiTtr nnd
1 1 Ik Ignornnee mill Now Hold"
Htm nt I.rgnl Merry Give
II Im Three I)n)i' Grace.
Fear and anxiety has been holding the.
hearts of Mr. and Mrs. Phillip Goldberg,
for they are In the clutches 6f the Ne
braska Loan company, and that concern
has threatened to take their furniture to
latlsfy a claim It purports to have against
these people on two notes.
In cold figures this company Is trying
to sot $240 out of Goldberg for $160 It
actually loaned him. The manipulation
wits fairly smooth and Goldberg did not
catch on until he was asked to pay all
this money.
First, he borrowed $100, promising to
pay back $120. That was before the pres
ent loan shark bill went Into effect, fie
I eld, ISO per month on his debt until he
had paid $80. Instead of encouraging him
to pay the balance of the money and
gtt clear, the company now urged him
to negotiate another loan. It would loan
him another $100, and he decided to take
It. So a check In his favor for $100 was
made out and he endorsed It so that hU
r.anie would appear on tho back of it as
r receipt. The company cashed the check
tiid handed Goldberg $iX.
Oh, that little discrepancy was easily
x plained to Goldberg. He still owed $3)
on the principal of the original note, and
he owed $20 of Interest on the same note.
Did that not make $V0? And was that
not what they had kept out of his new
loan? Sure It was,, and Goldberg was
wtisfled.
Cannot Write Nnnic
Hut he had given a note for $120 and
had only received $00. At tho same time
he had occasion to renew the mortgage
he hud given on all the furniture In his
'ittle home. He cannot write his name.
Neither can his wife. On the original
mortgage each had made a cross as their
offltial mark. A representative of the
loan company signed the names of both
Golberg and his wife on the new mort
gage, and had Golberg make the offi
cial marks for both himself and his
wife, when his wife was not present at
ill. lie assured Goldberg that was all
If lit and a proper way to do bUBlnts.
Ooldberg. after making numerous pay
ments and finding that the loan company
a 111 'uhs loudly for $S0 from him, sought
Ic ,ol advice. Ed Simon who was em
LIABILITIES
Capital 1,000,000.00
Surplus 500,000.00
Undivided Profits 293,782.49
Circulation 1,000,000.00
Deposits 12,392,437.19
Officers and Directors:
WM. WALLACE V. II. BUCHOLZ
Vice-President Vice-Presidont
FRANK BOYD B. A. WlhCOX
Asa't. Cashier Ass't. Cashier
JXMES T. WACHOB, Mgr. Dept. Now Business.
CHARLES H. BROWN ISAAC W. CARPENTER
LOUIS C. NASH J. E. BAUM
Years of Conservative
CHARTER So. 209 :
"Rirst National
.Lsanitof Omaha
:TSJ EBRAS KA :
The Call of the Comptroller for Condition at
close of business on August 9, 1913, shows
Deposits, $12,697,402.42
Have you opened an account in
the new Sayings Department, on
the ground floor, corner of Thir
teenth and Farnam streets?
ployed, tendered the company $20 to
square up. Nothing doing. The loan
company's attorney, Edward I Bradley,
1G30 Paxton block, wrote Goldberg a sharp
letter threatening to take and to- sell his
furniture at once, to satisfy the claim If
he did not settle, giving him three days
In which to do It. Mrs. Goldberg Is
wringing her hands. Goldberg is Interview
ing attorneys. I. Ginsberg, local manager
of the loan company, Is resting on his
oars. And thus the situation stands,
pending the reeling off of the three days.
Fast Semi-Pro Teams
to Play at Rourke
Park for Charity
The only game to be played at nourko
park this week will be the conflict be
tween the Storz Triumphs and the A. O.
V. Ws. Friday afternoon. The lact that
the semi-professional teams are playing
for charity's sake adds Interest to the
Intense rivalry, and It is certain that u
large crowd of boosters and rooters will
be on hand to see the top-notch teams
of Omaha fight for'thc right to call them
selves champions.
The two teams have not met for thre9
years nnd both are confident of their
own superiority, both as ball players
and as drawing curds. Both teams will
play to win, and, in addition, each Is at
tempting to Influence more of their
rooters and friends to come and increase
the attendance.
The City Mission will get the entire
gate receipts, as tho teams have con
tributed their services and Pa Rourke
has donated the park. The mission work
ers are selling tickets and the advance
Mile Indicates a full attendance. Tlrkets
are on sale at Beaton Irug company.
Myers-Dillon, Sherman & McConnell
ttoro and the Owl Drug company.
Tho funds will be used by tho mission
to equip a dormatory for working girls
who have no homes of their own and are
compelled to lodge In rooming houses and
downtown hotels.
VISITING NURSES TO SELL
ICE CREAM AT CONCERT
Ice cream cones will be sold by the
Visiting nurses at the free band conceit
which will be given at Turner park.
Thirtieth and Karnam stieets, this
I evening. The profits of the sale will go
I Into the baby fund. Considerable rt venue
1 has been realized by the nurses from
these sales and many a youngster has
. been consequently given comforts that
J would not huve otherwise been realised.
the Currency Aug. 9. '13
15,186,219.68
WARD M. BURGESS
Vice-President
EZRA MILLARD
Ass't. Cashier
E. A. CUDAHY
Banking
POOR FARM F0R RESERYOIR
Hydraulic Engineer Howell Has New
Water Works Scheme.
ABANDONS WALNUT HILL SITE
Trying to Peraande Members of the
County Board to Tarn Over the
Mite for n Illg Storage
Ilnsln.
The great hydraulic engineer In charge
of the water works huB a new scheme
which indicates that ho has .undergone
another change. Ho has discovered that
the one defect of the water plant now
Is the ack of a storage reservoir n the
southwest part of the city, and' has been
conferring with members of the county
board to persuade them to let hltn have
a slice of the county poor farm as u
reservoir site. The county commissioners
have taken the matter Into consideration
without, so far, giving a definite answer.
When the purchase proceedings were
still under way Engineer Howell was
dead sure In that the only tiling needed
to perfect the plant was the construc
tion of a new and enlarged resevolr on
the Walnut Hill site, and procured tho
Issue of an order by the Water board
directing the old water company to build
this resevolr forthwith. That order is
said to be still on the records of the board
unresclndcd and unexecuted, although af
ter taking possession of tho works that
board was in position to rebuild the Wal
nut Hill reservoir as It might see fit.
Real Estate Men Put
Up Money to Fight
the Gas Franchise
Morn money to fight the proposed gas
I franohlse ordinance was appropriated by
! the Ileal Estate exchange at a special
meeting called for that purpose yester
day. Just how much they appropri
ated members would not say, O. C. Pat
terson said, "They voted all that was In
the treasury, which I don't think Is above
$150."
The money Is to be used In printing
: literature that the antl-gua franchise
. people expect to circulate among tho
voters, flio organization is now plan
J nlng to draw up a model gas franchise
ordinance to be offered the people as an
J alternative when the voters ask what
they would suggest In place of the pro
posed franchise.
If tho banks of Omaha get $2,000,000 from
the federal treausry to be used In help
ing to move the crop this fall It will
mean thut the federal money Is doing
one-fourth of the crop moving that Is
ordinarily done by tho Omaha banks
alone. According to the statement of F.
H. Davis, vice President of the First Na.
tlonnl bank, the bank balances of Omaha
nnd South Omaha ordinarily run down
between $7,N.000 and $S.00aC0 durlnr the
neuson of crop moving on account of tho
great amount of money that Is neces
sary during that tlmo In tho territory
tributary to Omaha. 'Tho $2,003,000 would
help rts a great deal, as you can sec,"
t.a!d Mr. Davis.
The committee from Omulm asked for
!,CO0,00O, but does not yet know whether
will get a full $2.000..U00 or about
,600,000. Only the banks that aro mem
bers of the clearing house wero Invited
to tno conference with Secretary Mc-
Adoo In regard to this proposed loan to
tho bank for crop moving purposes. There
are eight banks In Omnha that aro eligible
to a share of the loan. Whother or not
all of them will ask for a part of the
money Is not yet certain, but It Is con.
erally assumed around banking circles
in tno city that most of them will auk
for u part of It. It has been indicated
that one or two aro saying they will
not need tho extra money.
Interemt I Charged.
As Interest will be charged the bank
by the federal treusury department nt
the regular federal rate of 2 per con". It
Is said that noms of tho banks will jump
at the opportunity of getting some of
tho monoy unless they uro sure, thxv i.r
going to liaVo use for It as they do not
caro to pay Interest a 2 per cent on a
stack of United States currenev fnr tUe,
mere pleasure ,of holding It In tlelr
vaults In Omaha nnd counting it occa
sionally. Quarter million A niece.
If they get the full apportionment they
asked for there would be an averago of
$200,000, or a quarter of a million, for
eacli of these eight banks whlcn dis
tributed throughout tho various terri
tories covered by theso several banks
would distribute ready money Into the
farm communities In good shape.
None of this money has as yet been
sent to Omaha and perhaps will not be
for soma weeks. Tho crop moving season
Is not on hero yet. Tho season when
money is needed for tills purpose In this
section Is in November. The crop mov
ing belt pushes northward from tho
tremo southern bdrder of the country
as the season advances. Thus soma of
this federal money Is already being rent
to tho south to move crops there. There
it Is needed at onco for tho handling of
the cotton crop. For tho handling of tho
Bniall grain In Kansas it will be needed n
little earlier than in Nebraska. It Is
possible also that the shortage of the
corn crop In parts of Nebraska this year
may make a llttlo less money necessnry
this year than usual, although tho small
grain crop is heavy and will take consid
erable money.
Bankers Keep Money
After McAdoo Says
They Must Pay for It
The national hanks which aro national
depositories for federal money, havo
been paying 2 per cent Interest on that
money slnco Secretary McAdoo made his
ruling seme months ago that they must
pay -.'or the use of this money. Whllo
thero was some talk at that time of the
possibility that some of tho banks would
return this money to the Treasury de
partment Instead of keeping It when they
were charged Interest, no caso has been
mentioned In which an Omaha bank has
returned any of tho money.
On tho other hand the national bankers
of tho city have not stumbled over one
another In an effort to get a portion of
the additional money Secretary McAdoo
proposed to throw out to them on the
new 2 per cent basis. When ho made
his ruling calling for Interest on his
money he also made available to these
banks an additional $10,000,000 which tie
said would be distributed to the various
federal depositories throughout tho
country If they wanted It. Most of the
bankers of Omaha turned up their noses
at tho proposed additional money at tho
time nnd havo slnco neglocte'd to ask for
an apportionment.
"The 2 per cent he has stuck on to us,"
said one of tho bankers in Omaha, "will
mean several thousand dollars out of our
pocket every year. That would pay
somo of our taxes, And I don't think
we need any more of the federal money
on that basis."
Humane Society
Will Meet Today
Tim adoption In Omaliu of the Colo rail o
law dealing with compulsory medical In
spection of public school children will b
the main topic of discussion at tho regular
meeting of tho Iluinuno society this
afternoon at Oanlner Memorial hall,
Seventeenth and Dodge streets.
T. L.' Illngwalt, u member of tho Hu
mane society, hait studied thin proposl
tlon wtlh much Interest and will bring
the matter up at the meeting and discuss
the advisability of taking It up with
the ISonrd of Education.
Mr, Illngwalt 1m also In favor of selling
buttons to the school children at S
cents each and making them members of
the Humane society and thus secure their
aid in the prevention of cruelty to unl
mals. MUCH MORE WATER IS
USED DURING HOT WEATHER
During the present hot weather the
consumption of city water has been
greater than at nny time this year. The
statistics .on file In the Water board's
office show that the average consump
tion of water for the last year to be
j about 19.000,40 gallons per duy. Hut one
day last week as high &i 23,000,000 gallons
of water wan used. The hvurage cost of
running the water plant for the last
six months was 11,876.21 per day
The Merchants National Bank
Of Omaha, Neb., 13th and Farnam Streets
United States Depository
We have opened a savings department and would be
pleased to have your savings account
City National Bank
RESOURCES
Loans mid Discounts $2,164,958.91
Bonds and Securities 47U,474.04:
U. S. Bonds for Circulation. . . 202,625.00
Furniture, Fixture, Vaults and
Real Estate 65,716.22
Overdrafts :t,238.43
Cash and Sight Exchange. ... . . 1,036,495.76
v $3,946,508.36
We solicit accounts of banks, corporations,
clent service by personal and courteous attentlo
JOHN F. FLACK, President
JOHN F. HECOX, Vice
WILSON PARDONS SHELDON
President Gives Train Bobber Free
dom on Associates' Confession.
LOOKS LIKE A STRATAGEM
Detective HelleTe It l Agrefment
Anions' Thoar In Prison to Get
Our of Their Nnmher Where
lift Cult Help Thru..
Frank L. Bheldon, alias Gordon, allaa
Golden, ono of the five men who held up
and looted the mail car of tho Overland
Limited nt Lane Cut-off on May 22,
190!), was pardoned from the federal pen
itentiary at Leavenworth, Kan., yester
day, by President Wcodrow Wilson, ac
cording to a telegraphic dispatch to The
Hoe. Two of Sheldon's confederates who
attempted to exonerate him at the trial
here two years ago made written deposi
tions which apparently convinced the
president of Sheldon's Innocence.
The local pollco heard of Hheldon'a re
lease with considerable surprise. Old de
tectives who trailed the bandlta believe
tliat the confessions are for tho pur
pose of getting ono member of the ban
dit gang outside of the prison walls
so that lie may bring Influence to bear
upon the authorities in order to obtain
the pardon or release of the other three
now serving life sentences. Ono mem
ber of tho gang, Frank Grlgswaro, es
caped from the federal prison nnd has
nni lion rerntitured. The three men
l,.ft in tho Leavenworth penitentiary are
llilll Mathews, "Hcd" Jorgenten and C.
n. Downey.
When the Overland limited was held
tip these five men were bohlnd tho
formidable looking revolvers that threa.
ened the train crew and passengers.
Registered mall was taken and tho rob
bers made their escape.
Hoy Find Clue.
A fw days later, small boys playing
near the IiTown Park school In South
Omaha saw a leuther strap partly burled
In th erminil nnd they nulled It un. It
'urn veil to be a curt rid Kfl belt and is was
Itiot only full of ammunition, but the
holsters contained two large caliuro
pistols.
I An Investigation was made and other
'cartridge belts, flash lights and part of
the loot was discovered.
I Detectives lay in wait for some time,
hoping thut Hume of the robber gang
would return for their loot. Their vigil
was rewurtied when K. K. Holllngslieud,
alias Frank Grigswaru, Fred Jorgenson
nnd C. N. Downey came to uncover the,
"ntarit ' Thn nfflrftm pnMnvA tlim ntiri
later learned of the connection of Hill
.... I ...... .... .....!.. m . , -
muirw, wuu hub ttlicrwuius 1UU11U iU
ho the leader, was caught at Idaho
Springs, Idaho.
Jury Illil Not Ilrllee Htory.
All were convicted In federal court
here and sentenced to life imprisonment.
At the timo of the trial at uttempt was
made by two of the bandits to establish
Sheldon's Innocence, they asserting that
rnly four men were concerned in the
robbery, and It seemed to be a fairly
good story. The Jury, however, took no
Mock in It and Sheldon was sentenced
with the rest
llollingshead, allaa Grlgswore, escaped
from Leavenworth on April 21, 1910, and
has not been recaptured.
The government offers a reward of
$200 for his apprehension. Ho l'ahlond
a wooden revolver while in bin cell and
Capital, Surplus and Undivided Profits
$1,221,781.13
Deposits, $6,754,261.90
Statement of Condition August 9,
LIABILITIES
Capital $ 500,000.00
Surplus and Prof its .v 89,898.00
Reserve to Pay interest on Do
posits 8,000.00
Circulation 200,000.00
Deposits 3,148,610.36
firms and individuals, and give prompt and of fi
ll to our customorB.
W. D. MOORE, Cashier
President
DANIC HTATIflMKNT.
No. 200!
Report of the Condition of the t
Flrnl Nntlonnl Ilnnk of Omnlm,
at Omaha, In the Stata of Nebraska, at
tho Closo of Iluslnesn. August 9, 1913:
ItKSOUHCBS.
Loans und discounts $ 7,909,S0I.?3
OvonlruftB, secured and un
secured C0.tS3.33
U. H. bonds to secure circula
tion 50,000.00
U, S. bonds to secure U. 8. '
deosltn . 70,000.00
Other bonds to secure U. S.
deposits, $10,000: to secure
postal savings, $88,000 128.000.00
Bonds, securities, etc 217,603.14
Hanking house, fumlturo and
fixtures 209,000.00
Duo from national
banks (not reservu
agents) S33,SC193
Duo fromstato
and private bitnkH
and bankers, trust
companies and sav
ings banks WO.0S3.93
Due from approved
reserve agents 1,794.44-1.86
Checks and other
cash Items 176,435.89
Exchanges for clear
ing house 211,728.47 ,
Notes of other na
tional banks 21,000.00
Fractional paper cur
rency, nickels and
cents f.RG."f
Specie 1.17,5S2.00
Legal tender notos,. 679.160.00-5,744,930.78
Redemption fund with U. 8.
treasurer (6 per cent of cir
culation) 2,497.r0
Due from U. H. treasurer 2. CO
Total )14,385,384.04
LIABILITIES.
Capita) stock paid in I....J E00.000.00
Surplus fund 1,000,000.00
Undivided prlflts, less ex
penses and taxes paid 137,984.07
National bunk notes outstand
ing 40.9W.GO
Duo to other na
tional banks. ...... .13,064,809,25
Duo to stuto and
prlvatn banks and
bankers 2,011,263.85
Duo to trust com
panies and savings
banks 182,049.(17
Individual 'deposit
subject to check.. 3,857.963.13
Demand certificates
of deposit 99.1S2.67
Time certificates of
deposit 2,028,0a.23
Certified checks 6.CM.84
Cashier's checks out
standing 101.619.fi8
United, states de
posits 90,385.44
I'ostul savings de
posits 49,4f8.71-12,637,402.47
Total tH.385,384.04
State, of Nobraska, Count) of Oouilas r
I. T. L. Davis, cashier I IKfc abuve
named ban!;, do solemnly swear that the
above statement Is true to the best of my
knowledge and belief. T. L. DAVIS,
. . Cashier.
Correct Attest:
F. If. DAVIS,
JOHN 1). CIIKIGHTON,
12. M. ANDHKESKN,
r. i ... . Directors.
Subscribed and sworn to before me this
13th day of August. 1913.
(Seal) M. H. IARSON, Notary Public,
It was with this that he "stuck up" the
guards and made hla escape. A year ago
he was reported to have been killed by
an express messenger near San Antonio,
Tex., while engaged In robbing tho mail
car. Tli roport hua never been verlflel.
Ilcitrnril Nllll Undivided.
Immediately after the Lnna Cut-off
robbery the Union I'aclllo offered a re.
ward of flVOO for tho anmt and convlo
tlon of the robhern. The imv.mm.nt
Tuiteiuu u mme sum also, i lie iaiihp nniii
jup after the arrest of the five men. but
there were so many claimants for the
Tnloii Pacific money that the division
I has been pending in federal court where
of Omaha
1913
$3,946,508.36
J. D. UTENDORFER, Asst. Cashier
HANK STATKMBftTS.
No. 2)78. Itcport of the condition or
The United Stntrn JVntlonnl Hunk,
at Omaha, in the ttlale of Nebraska, at
the close of business, August V, 1913:
mitSOUUC158.
Loans nnd dlscounta 1 7,C07,7C45
Overdrafts, oecured and unse
cured , 75,567.43
U. S. bonds to secure circula
tion , 450,000.00
U. S. bonds to secure U. 8.
deposits 70,000.00
Other bonds to secure de
posits, $45,000;. to secure pos
tal savings $73,000 118,000.00
U. 8. bonds on hand OO.owloo
Honda, securities, etc 027,000.00
Hanking house, furniture and
fixtures S00.000.00
Due from national
banks (not reserve
agonts $ 993,302.37
Due from state and
Srlvate banks and
ankers, trust
companies and
savings banks.... r07.215.C9
Due from approved
reservo agents.... 1,C?,464.09
Checks and other
cash Items 61,603.73
Exchanges for
clearing house..,. 188,814.01
Noteb other na
tional banks 10,775.00
Fractional paper
currency, nickels
and cants 938,87
Laful money re
serve In bank, vis:
Specie 701.S12.6O
Legal tender notes 2fi5.000. 4,OW,)90.31
Redemption fund with U. S.
treasurer (6 per cent of cir
culation) ... 22,500.OJ
Due from U. ti. treasurer , 1S.000.OJ
T"tl ..$13,30,912. 6
LIABILITIES.
Capital stock paid in $ 700.000.0i)
f,uri!"i!i Ju"a V. 700,0Ciuo
Undivided profits, less ex-
pensrR and taxes paid 175,143 42
National bank notes outstand-
n!!,K .U"".V 450,000.00
Due to other na
tional banks $2,443,410.70
Due to statu and
private brinks and
bunkers 2,287,139.90
Dividends unpaid.. 3,438.00
Individual depoalts
subject to check. 0,274,831.85
Demand certificates
of deposit 44,936.44
Time certificates of
deposit 781,542.78
Cortlfled clU'cU.I 12,036.39
Cashier's checku
outstanding 173,791.06
United Statra de-
potsls 67,636.97
Postal savtngu de-
Poalt" 41.876.C8
Deposits of U. H.
disbursing officers 32,106.84- 11,171.346.70
Hserved for tuxes 14!422!ji
'Point fMn ntn
ia,?t,5JebJLaHka' County of Douglas, as:
lLZfu ,R,;oJeK- cashier of the above
named bank, do solemnly sweur that thn
above statement Is true to the best of my
knowledge and belief. y
rp, ... , W. E. IUIOADES.
Correct Attest. PnMiiir
K M. MOBSMAN Cashier.
THOMAS A. FHV,
A. I HEED.
, , Directors.
isfh .122 ml 8Worn to before this
13th day of August, 191S
O. WILLIAMS.
Notary Public.
the. money was turned over to be dis
tributed. There are over fifty claim
ants and several heirs of claimants, who
have died since the robbery.
Hot nn Awful Fright
by fear of appondloltls? Take Dr. Kings
New Life Pills, und soon see bowel
trouble vanish. Guaranteed. 23 cents.
For sale by Beaton Drug Co. -Advertisement.
Koy to the 81tuaUon-Bee Advertising.