Show REPORT SHOWS THRIVING CONDITION IN FINANCE AND COMMERCE There IU Il a greater neMer increase of Jt the mining commercial nd na Interests or of the state hit lur lurIng hitIng Ing the lust two yeara than there thero had bach bacher eEr er before b been en during a correspond nJ lug period in the Ule business busine s of the state according to the report of S reta or of State Charles S 5 which h was wa flied filed with Cutler and bleh will willbe be submitted to the legislature some sometime time Hmo next week Th The report ort covers the interim be I Jan 1 1905 I and ana Nov Nay 10 0 1906 hu receipts for this period were as compared with u for tor forthe the two ears from Jan 1 1903 to Deo Dea 31 or the total a amount received was from insurance comp companies nies for tor fees and licenses The expenses of the biennium wore were which was more inure red b by the tho appropriation f 1000 made by bythe j the last lc Secretary states in Ills his rl report ort that his nee needs s a com complete lete modern system of tiling nUng cases es to cost 1110 work in his hi Is steadily ny In increasing creasing Ing In volume anti amI ml addItional must mUEtt bo b hired Ito Ite asks for in an appropriation of for tor clerical t x for the next two years and a fund of wUl also be required The last legislature a for bronze medals for tor Indian wr veterans and th these S medals ha have been An appropriation of 50 is Ie u ked for in order that more medals uia Ina lie se seCured re l to give gho the veteran who ha have 6 not supplied medals Banks and banking Ii that of his report with banks banka and banking Secretary Tinge sa says a that itt III tb the b beginning of the bIennium there were soen corporate or state banks and six rate ate banks In operation lucre lere their WEre 59 In 1905 Wells Fargo Con Cos bank discon discontinued discontinued business in the state statu Its re resources resources sources were At the close of business Oct 9 1906 th there ro wre banks In of which number three were welt private In Institutions Their combined resources were 35 Two other banks were Incorporated since that date and be before before fore the tho close of business for 1906 The These e er the Farmers Merchants with vitti capitalization for and the bank at Ogden capitalized for From reports submitted it is evi evident evident dent that the tho banks coming under the supervision of this office says the re report port Hare arc in n a h alth and soh solvent n t condition and the tho r show n steady and general increase in the lumo of business Under the head of corporations SC Sea reports that corpora corporations corporations have been formed his la Int t report was filed and that their aggregate gate gat capitalization was wag There were churches and religious incorporatiOns with an ag aggregate gregat of For Fm corporations busin business s purposes purpose were capitalized for 69 There were land patents Is If Issued sU sued d for seven bone acres of land and una commissions were given to no tories Insurance rince Department insurance department t is given special consideration There are one fire and tw two life insurance companIes organized within the state These nr are the Home Homp FIre with a capitalization of the Continental Life In arice ance Investment with a ac c of and the Boi Life Insurance company compan capi for a total capitalization tion of There are arc seyen foreign fire insurance operating h bOre re life companies three thee bOD bonding ing six ix accident and am eu casualty companies nn and ele eleven n corpo rations of cf tt a miscellaneous character I n the same sanie cla class s operating In Utah During 1905 and 1006 corn com companies entered the Utah business ss field ana ten companies from the tate state S Receivers for and Insurance was reissued me b eveh companies There has been c collected from f rom the insurance companies during the tha last two years yeats taxes amounting to and these taxes S md collected from the same sanie source for other purposes amounted to n a total or of The insurance In laws ws or of the tho to need thorough and wise revision says mys the tho report Laws governing fraternal Insurance should be provided lug Ing reports find and the tho payment of annual fees neither of oC which is r ie under existing laws Of the building and loan societies and ani in Iii the state the re la laport repert port pert sn says s that the they are in good cal cIal condition The volume or bu business handled bv b thIs class of concerns Is In increasing creasing and and the affairs of the coin panics are handled under careful ton eon and intelligent management Included In th the Is s n 0 to buln tJ of 01 the returns from the election ns as recorded b by the state hoard of canvassers |