"BEE:
BIG BUILDING
GROVTH IN 1 920
ISNOWASSURED
Construction Last Year To
taled $9,000,000 With Con
ditions Unfavorable In
crease Is Expected.
Building opmtions for 1919,
Amounting to more than $9,000,000,
as indicated by the permits issued
by the city building department, ex
ceeded any previous year it. the his
tory of this city, a showing which
is f considered particularly mterest
ing in view of conditions, which did
not favor new construction
Of even greater interest is the
prospective brjding proaram for
1920, with approximately $10 000,0.00
of building improvements already
reasonably assured in the nature of
new factories, warehouses, schools,
apartment houses and othr impor
tant projects. This is exclusive of
She many structures that will be
erected during the year. An exten
sive building of dwelling! i antici
pated this year, to meet the urgent
demand for houses of reasonable
rentals.
Erect Big Hotel.
Among the iubs'antial structures
of the least year is the imposing
rales and service Dividing of the
Western Motor Car company at
Thirtieth and Farnam streets, which
represents a construction investment
of $300,000 and will cost consider
ably more before it will be opened
to the public.
Another valuable addition to the
business district is the new Hill ho
tel, nearing completion at Sixteenth
and Howard streets, and the Skin
ner's cold storage and poultry house
at Twelfth and Douglas streets is
another large project now under
way.
Predict Epochal Year.
.Business men who are competent
to judge the near future with ac
curacy agree that 1920 will be an
epochal year in Omaha's commer
cial And- industrial growth. Many
projects which were postponed
during the period of the war are
now being given consideration.
Some were accomplished last year
and many will be realized this year.
Among the first of the large struc
tures assured for 1920 is the Medi
cal Arts building, Seventeenth and
Douglas streets, contract for which
lias been let and excavation wok
commenced. This will cost $1,500,-
ooo.
New School Building.
Another large project will be the
new commercial and technical high
school, which will cost approxi
mately $1,750,000.
The new American Bank building
skyscraper, at southwest corner of
Nineteenth and Farnam streets, to
cost $1,750,000, is said to be as
sured, and it was recently reported
that the financial feature of the
project has been met.
The Ak-Sar-Ben Exposition com
pany will begin. during the early
spring to develop the $1,000,000 ex
position grounds at Sixty-third and
Center streets, where grandstand
and buildings will be erected, mak
ing this the fotemost playground in
the west.
Projects o! Interest
The following tabulation sows
the important building projects of
1919, as indicated by the building
permit records; also the large
projects for which contracts have
been let, but oermits not yet is.'ued
and the last list shows the contem
plated projects for 1920.
Abstract of the important bu.ld
ing projects for which permits were
issued during 1919: V.
Factories, Stores and Warehouses.
A. McDonald Manufacturing Co.,
1211-17 Dodge, $26,000.
Omaha Bakers' Supply So. 2313
15 Leavenworth, $24,000.
Omaha Tire and Rubber Co, Thir
tieth and Taylor, $101,000.
Gordon-McDowell Co, 910-12
Davenport, $50,000. ,
Omaha Steel Works, Forty-eighth
and Leavenworth, $45,000.
E. L. Means (for Simon Bros.),
Eleventh and Dodge, $160,000.
A. W. Gordon, northeast eurner
Ninth and Dodge, $175,000.
Hayden Bros., 109 South Tenth,
addition, $20,000.
Nebraska-Iowa Steel Tank Co.,
Thirteenth street and Willis avenue
$61,000.
A. Hospe, 109-111 South Tenth
W90.000.
,T. A. Sunderland, Twenty-first and
Pacific, $40,000.
Omaha Cold Storage Co., 801-813
Farnam, addition, $250,000.
Baker Bros., Corev & McKeniie
1122-4 Harney, $96,000.
Iten Biscuit Co., 1201 Davenport,
$203,000.
Sinclair Refining Co., 1163-1175
North Eleventh. $66,000.
Farrell & Co., northwest corner
Ninth and Dodge, $130,000.
David Cole Creamery Co., 714-24
South Fourteenth, $30,000.
Imperial Sash and Door Co.
Twentieth street and Belt Line, $12.-
000.
Carter-Ralston Manufacturing Co.,
Thirteenth and Grace, $18,000.
retersen-Pegau Baking Co., 1113-
23 Jackson, $23,000.
Johnson & Abbot, 38Z7 Leaven
worth, $25,000.
Nebraska Hay Co., 1315 I'srd,
$20,000.
Automobile Industry.
Western Motor Car company,
3002-12 " Farnam, sales and service
building, $300,000.
Sreat Western Tire and Truck
company, Fourth and Pacific, $25,-000.
W. H. Rushforth, 5010-12 South
Twenty-fourth, garage, $20,000.
LundRren Bros.. 4'J56-8 Dodge, ad
dition to garage, $35,000.
Stanley Zagar, 3001-3 O street, ga
rage, $15,000.
Carl A. Anderson, 1514-6-8 South
Thirteenth, garage, $20,000.
Nebraska-Iowa Investment com
pany, 401-11 South Twenty-seventh
avenue, for Omaha-Packard com
pany, $90,000.
E. T. Havden. 2526-32 Dodge, ga
rage, $20,000.
Packing House Industry.
Armour & Co., Thirtieth and Q
streets, boiler house, $75,000
lliggins Packing company, 3613
23 M street, packing house, $50,000.
Skinner Packing company, 1116-24
Douglas street cold storage and
produce, $300,000.
Churches, Hospitals, Etc.
St. Rose parish, 4152-8 South Thir
teenth, church and school, $30,000.
St. Stanislaus church of Omaha
4501-11 South Forty-first, church
and school, $32,000.
J. W. and L. H. Hill, 501-5 South
Sixteenth, hotel, $250,000.
Scottish Rite cathedral, 2016 Cass,
addition, $40,000.
W. H. Gestring, 6052-4 Military
avenue, theater, $12,000.
University of Nebraska.' Forty
second street and Dewey avenue,
power house, $62,000.
Lord Lister hospital, Twenty-sixth
street and Dewey avenue, hospital,
$250,000.
Our Lady of Lourdes Church,
Thirty-second and Francis, church,
dwelling and garage, $74,500.
First Central Congregational
church, 3545 Harney, $120,000.
Dwellings and Miscellaneous.
Drake Realty Construction Co.,
apartments as follows: 2215-19
Jones. $120,000 ; 2203-11 Jones, $180,
000 ; 2232-5 Jones, $60,000; Thirty
first and Dodge, $150,000; Forty
first and Pacific, warehouse, $20,000.
J. F. Flack, 2204-8 Harney, store
building, $30,000.
E. A. Baird, 2580 Harney, store
building, $22,000.'
Keystone Investment Co., remod
eling Bee Building, $300,000.
J. K. Shrekas, 1603 Binney apart
ment, $20,000.
E. M. Reynolds, 117 North Happy
Hollow boulevard, dwelling $20 000.
Gr.rvey Investment Co., 407-42C
fouth Thirty-eighth avenue, apart
ment, $175,000.
Reserve Real Estate Co., 518-528
STATEMENT OF
NEBRASKA SAVINGS
& LOAN ASSOCIATION
211 South 18th St., Omaha, Neb.
At Opening of Business, January !, 1920.
RESOURCES
Real Estate Loans $1,333,600.00
Loans on Association Stock 20,649.81
Real Estate Sold on Contract 4,507.29
Real Estate r?o-
Loans in Foreclosure i 5,?f-
Interest due from Borrowers 448.8
TJ, S. Liberty Bonds and Treasury
Certificates $127,434.40
Municipal Bonds and Warrants 82,748.33
Cash on Hand and in Bank S8.580.76 198,763.49
Total ....$1,563,976.42
LIABILITIES
Dues paid and Dividends Added Thereto $1,498,871.70
Reserve Fund 32,900.00
Undivided Profits.. 9,216.29
Incomplete Loans 22,988.43
Total $1,563,976.42
Net gain in Resources. In 1919, $287,970.00.
.Credited earnings for past six months at rate of 6 per
annum.
Loans to home makers on first mortgages. Principal and
interest repaid in monthly installments. Liberal terms; prompt
service
Savings Accounts solicited. One dollar opens an account
Any sum up to $5,000 recevied.
Get the Savings Habit Own your home. Both pay divi
dends in Cash, Contentment and Independence.
OFFICERS
THOS. A. FRY?... President
ROBERT S. WILCOX Vice President
JOHN R. BRANDT Secretary
, C. F. BRINKMAN Treasurer
EDGAR M. MORSMAN, Jr Attorney
DIRECTORS
. THOS. A. FRY,
President Fry Sho Co,
, 16th and Douglas.
MAJOR S. WILCOX, '
Browning Kins A Co,
C. F. BRINKMAN.
Aut. Cashier U. S. National Bank,
16th and Farnam.
BARTHOLOMEW JULIEN,
General Foreman Car Dept.
O. D. KIPUNGER.
Ciimra and Tobacco, I SOS Farnam.
WILLIAM C URE,
City Commissioner.
THOS. F. GODFREY,
Pass. Af rat Missouri Padfia
Railroad, 309 3. 16th St.
BYRON R. HASTINGS.
Hastings A Heyden. Real Estats,
1614 Harney.
THOMAS J. FITZMORRIS.
211 South 1 8th St.
South Thirty-first, apartment, 126
OUO.
Lee Huff, 5601 Fat nam, dwelling,
$25,000.
H. S. Arnstein, 321 South Fifty
third, dwelline;. $18,000.
Nelson S. Mercer, 3920 Cuming,
apartment, $20,000.
A. K, Millard. 104 South Filty
fifth. dwelling. $19,500.
New Building Plans.
The following is a list of bu'lding
improvements for which contracts
have been let, but are not included
in the foregoing list tor which build
ing permits have been issued:
Medical Arcs building, southeast
corner of Seventeenth and Dodge,
16-story building, $1,500,000.
M. E. Smith & Co., factory build
ing, Tenth and Douglas. $500 0W.
Nebraska-Oldsmobile Co., north
west corner of Eighteenth and How
ard, automobile tales and service
building, $200,000.
Contemplated 1920 Growth.
The following is a resume of the
important construction projects con
templated for 1920. Plins have been
prepared for some of these proposed
improvements, and ;n a tew instances
excavations have been started:
School district $5,000,000 building
program will be started to the ex
tent of at least beginning construc
tion of a commercial and technical
high school, which will cost approx
imately $1,700,000.
American bank building, soutn-
west corner of Nineteenth and Far
nam, 20 stories, $1,750,000.
Ak-Sar-Ben Exposition company,
$1,000,000 improvements on grounds
at Sixty-third and Center.
Burgess-Nash Co., new store on
OMirfA, THl A IT ftkM u Art t'
Boyd theater site, $900,000.
Salvation Army Working Girls'
home, Eighteenth and Davenport
Stress, $250,000.
First Central Congregational
church, complete main part of edi
fice, $200,000.
Knights of Columbus club house,
2025 Dodge street, $250,000.
Sisters of Mercy home, northwest
corner of Eighteenth and Cass
streets, $300,000.
City jail and police station, Elev
enth and Dodge street, $200,000.
Ames Realty Corporation, Twenty-fourth
street and Ames avenue,
theater, apartments, offices and
stores, $200,000.
Trimble Bros., Eighth and Jack
son, wholesale commission house,
$300,000.
Dr. Palmer Findley, hospital on
site not yet determined, $100,000.
Baker Ice Machine Co., factory
building, site not announced, $3;0-
000.
Johnson Boiler Works, Eleventh
and Seward, factory plant, $35,000.
Paxton & Gallagher Co., fcur
story factory, Ninth and Jones,
$100,000.
Continue Cathedral Work.
St Cecilia cathedral, continuation
of work, $200,000.
Nebraska Telephone company,
Forty-third and Cuming, ware
house and garage, $200,000.
Harry A. Wolf. Eleventh street
and Capitol avenue, block of warehouses.
Harry A. Wolf company, north
west corner of seventeenth and
Howard, five-story garage.
Omaha Flour Mills company, site
not announced, additional mills,
$800,000. , ' ,
. $1,000,000 Apartment House.
Apartments at Fiftieth and Daven
port, owners not announced, $150,
000.
David Cole, apartment house on
West Farnam street site, $1,000,000.
Western Electric company, Forty
fifth and Cuming, general supply
warehouse, $150,000.
Mercantile Warehouse and Stor
age company, Eleventh and Jones,
addition of three stories, $100,000.
Stroud & Co., Twentieth street
an 1 Ames avenue, $100,000.
Morris & Co. contemplate exten
sive improvements. '
Swit & Co., Twenty-second and
Q streets, utility house, $300,000.
Andrew Murphy and Son, site not
announced, factory, $150,000.
World Realty company, north
west corner Fifteenth and Douglas,
movie theater and store building,
$500,000.
Plan Reforestation In
N. Y. State In Spring
Cohocton, N. Y.t Dec. 31. For
estry in New York state is receiving
active interest and a bright future
for New York state's forests is
promised. Speaking here before the
Cohocton grange. Prof. Russell T.
Gheen of the New York Sate col
lege of forestry at Syracuse stated
that many of the state's counties are
planning reforestation projects for
the coming spring. He said Otsego
county will plant 100,000 trees, Che
nango county 60,000, while in north
ern New York there are evidences
of unusual activity in reforestation.
1
Omaha Wins Recognition , ,
As Convention City of West
One hundred and seventeen con
ventions held In Omaha during 1919
and attended by nearly 50.000 visit
ors is the information offered by
Arthur C Thomas, manager of the
publicity bureau of the Chamber of
Commerce as the best evidence that
this city is earning recognition as a
convention city. Most of the con
ventions of the year represented in
terests located within Omaha's
growing trade territory.
During 1918 this city had 91 con
ventions. Thirty-six conventions
have already been scheduled for
1920 and nntlnnV la that mnr TJi..' Ji union lt
convention will bs held tins year
i any previous year in ,tne
of the city.
than in
history
One of the largest conventions of
the year, the Nebraska Farmers'
congress, which was to have been
held early in December, was post
poned until January 6 on account of
the coal situation.
The following conventions will be
held in January: Board of directors
of the General Federation of Wom
en's Clubs, Nebraska Farmers' con
gress, Nebraska Farm Women's con
gress, Midwest Implement Dealers'
association in connection with the
Midwest Implement show, Nebraska
Farmers' Educational and Co-oper-
Dealers association, fteouakaV -
Dermen s Mutual association, v
braska Polled Hereford Breeders
association and the Central . Whi.tt
tournament
The Omaha Automobile show wits'
be held in the Auditorium during,
the early days of March. . - "
A feature of Omaha's convention"
is the work that has been don bf
Miss Doris Goethe, convention hosw
ess of the Chamber of Commereii
in increasing the number of worn
attendants. .
Only about 1.5 per cent of Ireland
i wooded, while forests cover 5,
per cent of England. 1 ' . : -
v-t el 1 VI 11 r 1
to Liviaenas rayaoie vuaneriy vo
FINANCIAL STATEMENT
Occidental Building & Loan Association
January 1, 1920
RESOURCES
Heal Estate Loans $7,521,112.25
Stock Loans 32,861.17
Office Building 248,000.00
Real Estate 5,120.05
Real Estate Sold on Contract 80,874.77
Accrued Interest on Real Estate Loans 30,446.53
Accrued Interest on Securities 2,595.93
Loans in Foreclosure 5,164.37
State and Municipal Securities r 26.934.81
Liberty Loan Bonds 183,850.00
War Saving Stamps 252.30
Cash on Hand and in Banks 354,833.82
1 Total .$8,492,046.00
LIABILITIES
Capital Stock 1 58,042,460.38
Incomplete Loans 108,334.38
Contingent Loss Fund . .". 333.000.00
Undivided Profits 8,251.24
Total ......$8,492,046.00
Increase in Assets for Year Ending Dec. 31, 1919 $1,324,239.20
This Association began doing business about
twenty-eight years ago in a small way and now
has nearly $8,500,000.00 assets.
The Association is under the direct super
vision of the State Banking Board, with funds
invested in first mortgages on improved real
estate and U. S. Liberty Bonds.
The Association has set aside a Contingent
Loss Fund and Undivided Profits amounting to
over $340,000.00, which assures ample guarantee
for principal and dividends.
At the beginning of this new year, we
solicit accounts from $1.00 to $5,000.00 on Full
Paid or Running Stock.
OFFICERS AND DIRECTORS
John F. Flack, President
R. A. McEachron, Vice President
Geo. C. Flack, Treasurer
Telephone: Douglas 3326
E. N. Bovell, Secretary
John T. Brownlee, Asst. Sec.
Robert Dempster
Office: 322 South 18th Street
Dividends Payable Quarterly
II
FINANCIAL STATEMENT OF THE
Omaha Loan and Building Association
DECEMBER 31, 1919
ASSETS
Loans on First Mortgages : . . . . $13,549,436.11
Loans on Association Shares of Stock 243,819.46
Interest due from Members 6,867.34
Real Estate Acquired through Foreclosure 15,117.32
Foreclosures Pending 6,683.43
Sundry Persons and Accounts . ... 16,170.15
Furniture and Fixtures 4,051.99
Association Building 203,000.00
Warrants and Municipal Bonds. 457,595.00
Liberty Bonds 901,500.00
Cash on hand and in banks j 178,787.29
Total Assets $15,583,028.09
LIABILITIES
Running Stock and Dividends $13,530,428.42
Paid up Stock and Dividends , 835,700.07
Due on Account of Building Loans 874,258.84
Reserve Fund and Undivided Earnings 342,640.76
Total Liabilities $15,583,028.09
Increase in Assets during 1919 : $4,456,787.72
Dividends earned for members during 1919 596,339.70
Dividends earned for members since organization. 4,264,149.97
During the year 1919 we have opened 3,645 savings
accounts, amounting to 1,897,370.19
We have assisted 2,379 borrowers with loans aggre
, gating ( 6,446,913.74
OFFICERS AND DIRECTORS
W. R. ADAIR, President
& W. LOOMIS, Chairman of Board, JOSEPH BARKER
W. S. WRIGHT, Vie. President, CHARLES E. BLACK,
J. T. HELGREN, Vie President, , JOHN H. BUTLER,
A. A. ALLWINE, Secretary.Treasurer, R. J. DINNING,
a T. HILLIER, Asst. Secretary, E. H. PARMELEE.
L. W. PERKINS, Asst. Secretary, M. M. ROBERTSON.
v
Office: Association Building, Northwest Corner Dodge and Fifteenth Sts.
South Side Office: 4733 South Twenty-fourth Street, J. H. Kopietz, Agent
The Conservative Savings & Loan
Association of Omaha
(Under Supervision of State Banking Board)
Financial Statement January 1, 1920
Loans on Improved City Real Estate... . $10,678,487.00
Loans on Improved Farms . . 4,039,200.00
Loans on Pass Book Security 110,450.11
Real Estate Sales on Contract S6.281.9S
Loans in Foreclosure 28,264.44
Accrued Interest ... ........ 8,125.98
Office Building and Lot 81,000.00
Davidge Block Purchase for Future Association Home 240,000.00
Municipal Bonds and Warrants 124,806.67
United States Bonds (Market Value)'. ..734,450.00
Cash on hand isd in Banks 535,738.08 1,394,994.75
Total !...; $16,635,784.18
Payments and Dividends at 5 per annum $15,435,841.08
Balances to be disbursed on City and Farm Loans 591,811.68
Undivided Profits 23,601.48
Preserve Fund 585,000.00 608,601.48
Total . .$16,638,754.18
SAVINGS AND INVESTMENTS
Dividends paid semi-annually. ,
Strong Reserve Fund.
First Mortgage Securities.
$1 to $5,000 accepted any day.
REAL ESTATE LOANS
6 rate of interest.
On Omaha Property.
On Eastern Nebraska Farms.
Liberal Terms of Repayment.
Our loaning rate of 6 per cent, the lowest of any Association, Invites the highest class of Security.
OFFICERS AND DIRECTORS
Paul W. Kulint, President
Edgar A. Baird, Vice President
James A. Lyons, Secretary
J. Herbert McMillan Treasure
Lester R. Slonecker, Attorney
William Baird, Counsel
Randall K. Brown
Chat. C. G:orge
J. A. Sunderland
E. A. Benson
Robert Dempster
Byron R. Hastings '
H. A. Thompson
C. M. Wilhelm
A. W. Bowman
JAn P. Flack
J. C. Robinson
A. P. Tukey
Office: 1614 Harney Street. Omaha
South Side Office: Kratky Bros., 4823 South 24th Street
HV
if w H ft cdS Sell?
iWiiiiiilKilliiliPli
New location of Nebraska National Bank
at 202 South Eighteenth Street, Omaha.
I
THE Nebraska National Bank is estab
lished in its new financial building at
202 South Eighteenth Street.
Nearer the channels of Omaha business,
the institution now offers added facilities
for bankers, industries and individuals.
An earnest invitation is extended to all
to visit the new quarters 'and inspect the
facilities and appointments suited for every
convenience of modern banking.
Nebraska National Bank
Omaha
