Salt Lake Herald-Republican | 1919-02-16 | Page 35 | United Bingham Owns 300 Acres

UNITED BINGHAM OWNS ACRES Is Reorganized Out of Old Bingham Amalgamated Company United United Bingham Mining lUning Is the name of oC tho the new company wl which has been heen I reorganized out of oC tho the old oM Bingham ham Amal Amalgamated Tho The company compan has I shares the tho same ame as the old I Iii In tho tilO of oC the thc u n old for new stock 1 cent a share willbe will willbe willbo be bo paid by tho the stockholders As the tr treasury still contains shares shafe this wll wU bring In approximately This sum will be bo devoted to clearing up the existing Indebtedness of oC tho the same samo amount leaving tho c company free rree from all obligations The new nei officials and directorate of oC the United Bingham are arc as follows s L. L A A. Marks president John R. R Bothwell Bothwell Both- Both well vice vico president ent Frank R. R Snow Sno tr treasurer secretary who ho with W. W P. P Davis ls and R. R E. E McConaughy constitute the directorate Tho The United Bingham o owns ns ft It largo large acreage about on tho the east side eido of or camp It is doing oln work worl on a small scalo scale In tho the east workings s on tho the too level where somo some ore was shipped last season It Is estimated this spring or summer to take tako up moro more active work 0 9 I Federal Reserve Banks I o G o 0 WD Washington Fe Fob Feb b. b 13 Deposits po In tn the federal c reserve bonks and operation of In tn the last lut e. e I lo with will te federal r resort cp notes In circulation on an the ratio of oe reserves tl to net depots deposits nol note liabilities fell 16 per cent Tb Condition of or the hank at It Hit tIu clofe eloe of ot business night as ns hown by tb the federal hoards hoard's weekly 1 fInancial statement state ment meet was 1135 as follow s Gald rein coin In and I nd certificates J i Gold Gol settlement tuut of or federal rc- rc nerre 1 board boarI Gold God with foreign agencies CS oo Total gold cold hell held by Gold with lIh federal reserve 3 Gold redemption fund 4 Total gold cold reserves resentS tender lender notes surer sliver dc etc elc Total Tota reserves reserve Bills discounted secured by got gor- o- o war U obligations All other Rills mils bought In open market H Total bills on or band OCO United States Stales government term lone securities O United States State government term short securities HI O All other run earning In assets CO Total Toll earning lU assets ets SI Rank premise premIses J Uncollected Items aDol aDI deductions deduction from gross gron deposit deposits l Tire hp per Ier cent redemption fund against federal Itera re reserve e bank bant notes Dote All other olber resources Total resources LT LIABILITIES Capital paid in tn I O Surplus C Government deposits 0 Due Ine to CO member reserve account Deferred availability Items Cli GOCO Other deposit ts Including og foreign government credits Total cross TOU deposits deposit Federal reserve tC notes In actual circulation cir dr 2 Federal Fedro re reserve bank bant sates notes In la circulation cir dc- on n net net t liabilities 1 All 11 other liabilities n. n Total liabilities U Ratio 0 of total reserve to net deposit nod and federal fed Cell eral tal re reserve etTe no note e liabilities combined Cl CUI 9 p per r cent Hotto of gold cold rosetTe reserve to I federal rc er reserve notes note In tn circulation after setting aside ulda 22 per cent against net deposit liabilities per cent