Omaha daily bee., 1903-03-12
Iowa Building and Loan.

The state auditor this morning pre-
pared a statement showing the condition
Of the f1fty-f1ve domestic local and seven
teen domestic building and loan a~ssocia-
lions of lowe at the close of business De-
cember 81 last as shown by their reports
made to the auditor. The assets of the
domestic locals aggregated "a, 251, 24S.3S of
which some of the leading items were as
follows: Real estate loans, SO, 700, 112. 80;
loans on stock pledged, $101, 54S.S0; real
estate, $145, 3S0.97; cash, $117, 280. 40. In the
list of liabilities OF these domestic locals
are the following items, namely: Paid in
installment stock, 1921, 979.S7; divided
profits, $685., 1886. 9S; undivided profits, $246,-
174.03. The assets of the domestic COM
panies aggregated 81, 4O5, 221.O5 and in the
items are: Loans on real estate, $1,O21,-
O76 $50; real estate, $146, 951.06; loans in
process of foreclosure, $50, $50. 16; cash on
hand, $54, O65. O3. The liabilities of the
domestics include paid on installment stock
1874, 1903. "a; full paid stock, $242, 717.24; pre-
paid stock, $50, 55142; divided profits, $780,
S2S.62; undivided profits. SsS, 9SO.OS. The
receipts Of the domestic locals last year
aggregated 1854, 1888. 95, and the receipts
OF the domestics during the year aggre-
! gated 1892, 3s2.09 The report rather in
dicates that there has been a decline es-
| ~pecially in the business of domestic COM
panies and they are not as active as for
merly. The purely local made gains during
the year.
Meet at Davenport.
The executive committee Of the Iowa
State Bankers association held a meeting
this afternoon in the Grant club rooms to
Ak the time and place for the annual L4eet-
ing. Davenport gets the meeting and the
middle week of July will be selected be-
| cause of the fact that the Illinois State
Bankers association is to meet in Rock
Island, Just across the river at that time,
and it was desired by the bankers Of both
| associations that their meetings should be
held at the same time so that many who
attend could go back and forth. There
are always a great many Chicago banke
at the Illinois association meetings and
they will be at Rock Island in large num-
bers. 1t is expected that Secretary Shaw
will be one of the speakers at both Of the
meetings, and other distinguished per-
sons will attend.
Carpenters and Builders Agree.
There will be no trouble in the build
ing trades over labor questions this year
In Des Moines and this despite the fact
that there is more activity and a greater
| demand for labor than ever before. The
carpenters and the builders held a Joint
meeting last evening and settled their diff
! ferences, or rather entered into a mutual
/ agreement as to the wage scale for the
current building season, which is entirely
| satisfactory to both. The scale is for a
minimum wage of 32h cents an hour, and
a standard wage OF 40 cents an hour and
the day to consist of eight hours. The
minimum scale Is the same as last year.
but the standard is ~ cents higher. The
scale was signed by the representatives OF
the carpenters union and the Builders ex-
| change to cover the entire year. This
disposes of the possibility of a strike or
/ disagreement this season. The bricklayers
and others are practically agreed with the
builders on a scale and there Will not be
any trouble.