Omaha daily bee., 1902-08-27
NUMBER OF BANKS INCREASE
Nine Charters Issued in One Day by the
State Banking Board.
EIeHTY-stwN IN THE LAST TWO YEARS
~secretary's Fore Kept Busy Receive
inE Entriss for the state Fair
Council Decides Against
viaduct.
lFrom a SCAR corre.ponaen,l

LINCOLN. Neb., Aug. 26.-(speciai.)-
Banking business in Nebraska has been in.
creasirg at a lively rate during the las,
three years. Today charters we're issued By
the State Banking board TO nine new insti-
tutions Incorporated under the state law.
This brings the total Of state banks up to
Is5.
Not only has the number Of banks in
creased, but all important items, such as
loans, deposits and cash, have gone upward,
some Of them being nearly twice as large
as four or nve years ago. In March, 1899.
there were ss5 banks in the state, when
the republican administration was inauR-
urated last year there were 412 banks under
the state Jurisdiction and since then char
tiers have been issued to eighty-seYen new
banks. -Four banks we're closed or ~consoll-
dated during the period.
Following are the institutions chartered
today:
Commercial State bank. Coleridge, Cedar
S1untyI capital, $4,000; directors, George A.
9IraGy, =; = Linkhart n l. Nielsen, q. q.
Farmers State bank. Ithaca, Saunders
county; capital 5000; @. F. Wagner, presl-
dent; W. r.. Deck, vice president; J. M.
American Exchange bank. Bristow, Boyd
1pSnty; caRl.al; 1000; John Frostrom.
ID. M. Schmitz, cashier.
State Bank Of Bee, Bee, Seward county;
3pitel. 5000; president. II. T. Jones; vice
president, George B. Campbell; cashier.
w. B. Thorpe.
Tia Farmers' bank, sholes, Wayne
county; capital. 5000; M. 8. Merrill, presi-
Grafton State bank Grafton Fillmore
dent.
Archer State bank, Archer, Merrick
county; capital, 5000: Joe A. Hays, J.. Is.
IemDltn and q HOatettar iUrOrnOraforu
First State bank. harrington, Cedar
county; capital $4,000; ]. q. Beste, George
I; p, Jones. tr. Stephen sein and c. D.
= I brandeis & Sons, Omaha; capital.
Emil Brandeis and Hugo H. Brandeis.
Many Entries for Fair.
Secretary Furnas and his stan Of assist
ants are working increasingly in the making
Of the final arrangements for the state fair,
Entries are coming In rapidly and upward
OF a score Of clerks are kept busy assigning
space to the exhibitors. On Thursday Sec
Rotary Furnas will remove his Office to the
fair grounds.
Anticipating an unusually large attend
Pnce at the fair the Union Commercial club
has publicly asked citizens to open their
homes to visitors who fail to find accom-
modations at the hotels.
No d over Tracks.
The city council of Lincoln last night
tabled the ordinance to require the Rock
Island Railroad company to build a yiaduct
over Its tracks on East o street. This ac-
ton was prompted by an outburst Of oppc-
sition on the part OF taxpayers in East
Lincoln, who insisted that the construction
OF the viaduct would greatly reduce the
value OF their property. There are only
two tracks crossing the street and these
are carefully guarded.
preparations are being made for the en-
tertainment OF the Nebraska Retail Gro
Gerry Mems association when 1t holds its
state convention In Lincoln October 1e. II
ana IL. 1t has not been decided In which
building the meetings will be held. A BAN
quet will be one Of the principal events In
the way OF entertainment.
W. J. Bryan will address the Grand Army
of the Republic reunion At Hastings on the
afternoon Of September 8 and will open the
democratic campaign Of Missouri with a
speech at Joplin on the evening of Sep
0.