Omaha daily bee., 1910-01-02
AFFAIRS At SOUTH OMAHA
Good Measure of Prosperity Melted
Out in Business Lines.
POSTAL RECEIPTS SHOW GAIN
Sales Increased over Previous Year
by AZ 1-2 Per Cent-Frank
DoIeEal Held ON shoot
ing Charge.

Outside of the packing industry and the
great live stock interests of South Omaha,
which have enjoyed exceptional conditions
during the year, South Omaha has en-
joyed a normal condition Of prosperity.
The improvements such as buildings and
pubic works, have been, however, con-
siderably below the normal. The year
has not seen more than twenty good resi-
dences erected, although there nave been
scores Of cottages in various sections. The
largest building operation is that Of the
Alfalfa Food Products company at TWEEN
ty-nlnth and b streets. This building was
necessitated by n destructive fire in the
original plant. Swif and Company COM
pleted the erection OF It's large beef killing
department. The city has done no build
ing and only three or four pavement propo-
sitions have been put through. The city
has taken action which will mean the
construction Of over ten miles Of paving
next year. The building inspectors report
shows less than $4,000 in building permits
for the year.
The postal receipts In South Omaha in
dictate a general condition of prosperity.
The sales Of stamps and posta, cards
amounted to Sl72, 459. %, an increase Of 424
per cent over 1908, when the sales amounted
- - 1f1 RNNAAA E1AN9 "
which is the heaviest month of the year
usually, amounted to SIG, AS. Il. On the day
before Christmas the South Omaha post
office handled 1856, SAC letters and 25,O 900 pack
ages.
The South Omaha banks show deposits
OF over S9,OO0,OO representing an increase
OF about 100000 over 1905.
Frank DoleEnI Arrested.
Johu GunderSon determined IN boId ErapH
Dolezal TO account yesterday morning for
having fired several shots in M. p. Bren-
mans saloon Thursday night. The shots
were fired at Gunderson, who is the bar
tender, after he had ordered Dolezas to
leave the saloon. None Of them took eff
feet on Gunderson, although he and sew
eral bystanders were narrowly missed.
Dolezal submitted to arrest and furnished
a bond. He was charged with assault on
the jail blotter. awaiting a more definite
allegation In the complaint.
Stockholders Get Dividend.
The Board OF Directors of The South
Oman Loan and Building association met
last evening and declared a dividend at the
rate OF g per cent per annum 10 all stock
holders and in addition placed $1,000 in the
reserve fund and $3.50 IN the undivided
profit account.
The directors have also reduced the in
terest rate on all loans now on their
books as well as all future loans from e.
cents to GO ceats per month on each 500
borrowed.
The secretary reported an increase In as
= sets during the yu~r OF Sl07,SOO.
nuiIdinE Association Statement.
Statement of the South Omaha Loan and
Building association January l. 1910:
ASSETS.
First mortgage loans. ..... s97 %
Loans ga pass BOOK security ...... ll,oyv.t.
.heal estate o. coHtrdcI, .......... Z,1l2.Ig
ln.etvst IN arrears.
Casn ON hand ......"......... i5,Jy2 81
Totals ...,.....,. ..."....,..,.. I44,5lg, "a
LIABILITIES.
Dues and dividends ............., sans, 4o9.S7
RESERVE luhu S,VOJ.Ol
GndiNluSd profits .,.....,..,...,. 2,045.a
lhcoh4piste loans .."...........,. l4,olASl
1otais N444, 9l9 70
The increase In assets for the last year
was Sl0i, So. The rate u interest paid 10
all stockholders was C per cent. lhe at
fairs OF the association are In a nrst-class
condition, there being only s57.SS OF interest
unpaid on all loans In force at the CLOSING
OF the year. This is certainly a very sat.
isfaotory showing,
The association has never paid less than
6 per cent to all OF It's depositors. The
interest rate on all loans now on cur books
has been reduced from e5 cents to co cents
per month on each 500 borrowed. This
reduction In interest will meet the demands
OF those who desire 70 borrow.
The directors Of the association are ".