Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-13
LEAGUE OF HOME MAKERS
Coming Convention of Local Building
aud Loan Association Men
In Cincinnati.

CINCINNATI, May 12.-(speclal.)-''rhe
American Home the Safeguard of American
Liberties" This motto, the watchword OF
the United States League of Local Build
ing and Loan Associations, will be en-
blazoned everywhere in the city OF Gin
cinnati, with banners of welcome 6uttering
from all sides, when the fourteenth annual
convention of the league Is called to order
here on July "a.
Besides tho United States league conven-
ton there viii also be state convention
in Cincinnati on the same dates. for the
Ohio Building Association league win also
meet for its eighteenth annual convention.
Every possible preparation Is being made
for the big double convention. Members
of the Cincinnati associations and the Ham
ilton, County League Of Building and Loan
Associations are, vieing with one another
in their efforts toaihsure the success OF the
meeting and Of the. successful entertain
ment OF the delegates, and visitors
| When II IN said that two members Of the
United States league executive committee
arc Cincinnatisns-Leayue Secretary Her
man f. Cellarius and Executive Commit
teeman Fred Bader-the delegates from
other states and those who have attended
previous conventions will need no further
assurance that nothing will be left undone
IN the preparation for the big double con-
vention in July.
Although the meeting last year in New
| York City was a most successful one, It is
the expectation that this years meeting
will eclipse all former years both in point
OF attendance and with respect to impor-
| tant and encouraging reports that will be
received. The fact is incontrovertible that
building and loan associations over the en-
tire country have had banner year and
reports will show remarkable increase from
every side.
Thousands upon thousands OF new men,
bers have been added to the lists of the
various associations throughout the coun-
try, which means increases of tens OF mil
lions Of dollars in the receipts and dis
bursements for the current year over its
predecessor. Such fattering reports are
made certain by the partial reports which
have already reached League Secretary
Cellarius, besides being based upon ap-
proximate estimates complied from data
collected during the year.
Present indications point TO an increase
OF more than 10000 In the membership OF
1851 ,0t6, the total for last year. while al
increase OF between t4O,OO0OOO and $4,000 OOI
in the total assets OF 500, SI2 $50 is also prom.
ised. At the last annual meeting the in.
creased membership for the year ended
was $3.50, while the increase In the asset,
was go, 65S,Oa
The thirteenth annual report of the
United States League showed decreases II
assets in but six states, all other states
showing increases, while but seven statei
out Of the twenty-one represented showed
decreased membership. Indications thii
year point to the overcoming OF the de
creases in these various states, and II Il
expected that increases will be shown In all
OF the. states that lost membership las
year all but one-Illinois-showed decrease
in assets as we'll. However. Illinois, though
showing a decreased membership OF 2625
rolled up an Increase Of S1.543,SlS In asset
for its building associations, with a mem
bership OF So.S75 In the state Notwithstand
ing the decrease OF 81. 76s5SO In the buildln,
association assets OF these six states, TN
net Increase In asset for the twenty-on
states represented for the current year 1904
1906 was t2o.7s6, 47l Nebraska will show
gain Of 5000 members and 81 10000 assets
With an added membership OF 200, 900 10
the present year and an Increase OF be
tween 900 and t5O.OO0OOO In assets tn
United States League OF Local Building an
Loan Associations will show total asset
OF some t650.OoO,OO0 and a total membershi
5 OF over 1.SO0.O0O TO attest TO the merit OF IL
y motto, The American Home the safeguar
OF American Liberties"