Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-10-01
On1aha'S Firm Financial Institutions
STRONG BANKING HOUSES
Omaha and South Omaha Show Healthy
Condition Of Business
FINANCIAL CENTER OF GREAT IMPORTANCE
Forty-six millions of Deposits, Twen-
ty-Five Millions of Loans and More
Than 5000, 900 CIenrinKs
for Nine Months.

Ine barometer which snow the
country's prosperity. When the banks are
In good condition, it may be accepted as
true that the people of the country are
enjoying what they term good times"
Bank statements are an index to the
financial condition of the general mass Of
farmers, artisans, tradesmen, jobbers and
manufacturers in the district which is
tributary in the business way to the city
where the banks are located.
On August 25, the date of the last call
from the comptroller of the currency, the
combined deposits in the banks Of omaha
and South Omaha were $46,11s, 46373, and
the combined loans and discounts were
SIS, 900, 961. 33.
Omaha has fewer banks than some cities
of its size. In May the United States Ma
tional, the Union National and the Com
mercial National were consolidated under
the name of the United States National
leaving but five national banks in the city
Even with this consolidation the clearings
continued to grow and the city is now con-
sidered stronger financially than it ever
was. Beside the national banks, there are
two others of a strong character, ]. L.
Brandeis & Sons and the City Savings
bank.
Omaha Bank Statements.
Following are the deposits of the various
national banks according to the statements
of May 20 and August rs:
First National. so 47889 si1, S5l. S155s
Omaha National. 80. $50, 1882 iO4S2' 965 p
Y. s. National....... sop $50 "a SSS3 6I7 O3
Merchants Natl..... 4,O3O,9l456 $3.50 $50 20
NED NauonaI''...... l,744,S5492 1911, 72S.46
Total ........... 1892, 469, $3.50 $37, 1854, 90
Following are the loans and discounts as
shown by the two statements:
First National. .....s 5,S78.6i525 5S6i, 1917
Omaha NATIONAL. 5597, $3.50 6iA6lO52
Merchants Nqt'l..... 2566'S7S.5S S,i8i,$5i.Ss
Neb. National........ 913,247.37 gl5 66l Ga
Total 0S5, 67745 32O, 5S7 5.ss
In both of the above tables the figures
for the United States National for Nav
~ are the aggregate for the United States
National. Union National and Commercial
National consolidated under the name OF
the United States National subsequent to
that date.
The two other Omaha banks show a gain
In deposits of s51,7o1.96, gain in loans and
discounts of S75,4254, total deposits of
N,l6S,S24.H and total loans and discounts
OF S1.1O15S6.95
South Omaha Banks,
The South Omaha banks at that time
made showing of deposits as follows:
w.t., May 20. August 25.
National ............ 50, 7S5 009 As S2S71 1854 AZ
Packers National .... 1883 94l.A 1900, SO
Totals .............$7,1OSsSS 1855 $76OO,122.s 81
At that time the loans and discounts OF
the three South Omaha banks were:
,, Co. May %. August rs.
National .............$1,425 6sO9s S,s5s,s 90
30 Omaha National, 1768 5000 1,715,S93.S7
Packers National .... 1,2O6,S1O66 l,224,1O9.s 81
Totals .............s4. 4O1 O52.A $42eS, 1895. 70
JObbIng Business.
Omaha's growth as a jobbing center has
been the wonder and admiration of its
citizens. The best way to give an idea
of this development is to quote VIII Yet
ter, president of the Yetter Wall PAPER
company and chairman OF the trade ex-
tension committee of the Commercial club.
He says:
All Omaha jobbers have increased their
business this year at least from Is to IS
per cent. place these low figures for
the men with the old established trade.
The newer firms have increased their busi-
ness over last year from so to 100 per cent.
Inc trade is just as good as II has been
all year, and jobbers of certain lines OF
goods say that they are being overwhelmed
with orders for spring delivery.
Clearing House Returns.
The reports of the Omaha Clearing house
show a big increase of clearings for Sep
TENDER Of this year over the same month of
1904. The following table shows the bank
clearings by days for September OF the two
years: