Show WALKER IS NO NOW l. l I RESERVE BANK L L. H. H Farnsworth S Sa oa Bank Joined System lj F Fir I as Patriotic Dut Duty i I Notice of or the admission to t th eral er-al t. t reserve bank at l Wash alker t Ct Brothers Bankers i tamed In a telegram reC received to day from Crom ton Th The W Jf the first to be bo founds founded hi itt t Is la the first tit in tho the state 0 under the state law to lo be bethe bethe J. J the federal reserve bank hank The telegram from Cram th thc tho i rt serve bank stated that tho ho t would ho bo formally made bank completed payment f u for to lotte stock in the tho federal J bank of San Francisco p to make maxe the me payment has from AV W. E E. Evans s I commissioner and the draft t Q ment for tor the stock has hag f dl forwarded SPECIAl EXAMINATION t The Tho admission of or the ba ban r n- n J allowed following a n. thorough h E J examination mado mario b by a H sent fent to Salt SaIL Lake b bv by SJ the i oral eral reserve s system Commenting on the s st nA n p J take i he the A ln T Tr bank L L. II hr Farnsworth orth Its ih U l nt said This bank has Im Joined the reserve system first th-st h because w ie we lIvo it is It a patriotic du In I timo of war var when such heavy heavy hea t mantis mands are mo being made O on tho the b bi of of the country It is of prime In IroM n ance that all banks banks' pooled as they thoy arc re through the rc reserve system In joining the he f M cf i cral Tal reserve system thIs b. b bank sub scribes to the stock of Je th the r f er l lI I reserve reser bank of or San Francisco Frando an I keeps with It at all nil times a which helps swell the total lb 3 for Cor assisting all nIl th the banks In la n J the public and private financing n necessary i STRENGTHENS H ENS POSITION ION j r j Our second principal reason reason latto I strengthen the po position of ot our o bank Un Under er the thc federal reserve resen-e hi 13 hias as recently amended there are n advantages ad to a tan bank 1 lJ longing to tho the system The Time benefit lies in th the fart far that a m mei- mei ber her bank banI can at al all times reil its paper or borrow bonow mOM money from Cron ron I u Lb federal reserve bank on advantages ad terms thereby making it easier ft It at all times to demici meet an any d o which may be made upon it r lt 1 working an any hardships on the cm cs lomers to which It I Is n lonn loaning There are arc numerous other oCher re for Cor this step which we wc believe c areli ar arstrong strong that all state banks nl K should J ii the federal reserve C system at atI ll I earliest carlie t possible da te |