Salt Lake Herald | 1898-08-18 | Page 1 | Condition of Utah Banks

CONDITION OF UTAH BANKS Increase In Reserves and Decrease In LoansNew Postoffice Special to The Herald Washington Aug Comptroller of the Currency Dawes today gave out an abstract ab-stract of the reports of the condition July 14 of the 11 national banks In lIt l-It shows that since the date of the last report May 5 the average reserve held has increased from 3050 to 3314 per cent Total resources increased from 67o552Sl to 7183120 loans and discounts decreased from 2722610 to S26S2021 reserve increased in-creased from 51010081 to 1242414 of which the gold holdings decreased from 635120 to J57111C The deposits increased from 53C03CSl to 30057J5 An original pension of FG per month was today granted to Henry Shanks of Cas Cas A postoUice has been stat > lIshed at Clan ton Utah county Utah with Heber P Johnson as postmaster