Show EARNINGS SHOW BIG INCREASE INCREASES 1 S ll Lake Security Trust Co Has a Prosperous Year ANNUAL REPORT ISSUED SURPLUS AND UNDIVIDED PROF PROFITS PROFITS ITS GAl GAIN N 00 PER CENT Stockholders f the Salt Lake Security Trust company hive received from President F E a most gratify gratifying gratifying ing report cf tIme the work for forthe forthe the year ear 1906 The statement net earnings for the year of an In Increase increase crease of fIfty per cent and a net return on paid In capital of fourteen per cent The net earnings from interest were 19 6 38 front from fees The summary of earnings and e expenses is as follows Interest Profits on real estate Insurance department Security Trust building Abstract department account Advertising Taxes j Interest Furniture and Ix N Net t earnings I During the year 2500 new savings ae counts were opened a complete set of abstract records has been purchased and anda a large safety deposit s system stem of vaults is installed and awaiting the marble for vaults and staircases As instancing the good financial condition of the community it ity time the interest due and unpaid has de dc decreased creased twenty per cent while at the same time time the company 1 has familIes to acquire homes for themselves After paying the regular seven seen per dividends the surplus and undivided prof profits profits its show an Increase of per cent Al Altogether Altogether together the showing is regarded b by the stockholders as evidencing the abIlIty or of orthe the management amid the stability of the Institution to a marked ed degree |