Omaha daily bee., 1915-01-03
OMAHA BUILDING
| KEEPS RIGHT ON
|ermits During the Year Show that
Most of Them Were Issued for
New Residences.
IANK CLEARINGs loss SNAIL
But Three Per Cent Decrease Is
shown when Compared with
the High Figures OF the
Previous Year.

Sin view OF the general talk OF depres-
Con over the country. a rather remark
pie showing was made in the building
.perations in Omaha during the year
.st closed. The building permits show
Practically an even half million dollars
aore than they did year before.
From the office Of the building inspector
bmes the REPORT that some 800 permits
4ere Issued during the year. Nearly 500
these buildings were residences. The
set were business property.
There Is an inclination among many
9hen speaking OF the building permits Of
40 year, TO deduct from the total the
Aiue OF the 100000 Fontenelle hotel
here are many who say. Take the
pntenelle out OF the building permits
u the year and you have almost $780,
> less in permits than last year"
There are others who insist. however.
AT there is no reason whatever for
lductlng this. The permit was issued
airing 1914 Moreover. the builders went
head with u and the sixteen-story
hiding is actually constructed and is
be occupied by the middle Of February.
that reason. they say can there then
for deducting this building permit
ON the rest?
Not an Accident.
n'he Fontenelle hotel IL not an ac-
dent as though II had dropped from
iaven. II represents an investment OF
inservative business men Of the city.
they had not formed a corporation
"a built the Fontenelle hotel. there Is
telling what other buildings their
Dse capital would have built in the
81
be used, whether II was pooled to-
7ther for a 100000 hotel or whether II
build have been spent in individual lots
y several 10000 buildings throughout
j city.
again. Il il held by some that II there
uid possibly be any reason for de-
citing the big s1.oOO,Ooo permit from the
tai for the year. then one. to be con-
tent. must go back over last years
cords and deduct some Of the largest
slness buildings built in 1918 before a
tnparison can be made that win be
81.
New Bank Added.
Dne new bank was added TO the list
Omaha during 1914. This. the German
inerican State bank, makes the second
ate bank in Omaha and the second ono
nee about two years ago. Up to that
me all the banks here were national
ne state Bank OF Omaha was the first
the state banks to break into this field
"a was shortly followed by the German
merican.
Join Clearing House.
The Corn Exchange National bank and
Live Stock National bank OF South
naha. the only two banks Of Omaha
d South Omaha that had not been
smbera OF the Omaha Clearing House
ISOLATION. have Joined the association
ring the year just closed
cIearaRRs LOas Small.
. While bank clearinEs IN Omaha did not
4 ach the grand total they reached In 1919
when the difference IL computed on a
rcentage basis. Il Is found that the
crease in clearings from last year was
! y than . per cent Through a mlsprint
percentage was published on New
sara day as a decrease OF u per cent
iis Is incorrect. as the decrease was. In
nnd numbers. t26.OoO,0oo on basis Of
I lal OF sOS.s47. 1876 In 1913.
Sank deposits as shown by the last call
October. as compared with the october
4 u a year ago. show some $1,000. 900 less.
4 iis. bankers say, lie not at all remark
le. as the crop OF wheat was held for
. dollar mark this year on account Of
war. The result was that as wheat
4 I not move early IN the fall. money
i ont flow into the banks to swell the
posts, as II did the year before. When
. dollar mark was reached. however.
enormous wheat crop began 20 move.
n la nj that hxr har q
nix call could have been issued. II
,uld have shown at least t6.000O00 more
deposits here than IL showed in oc-