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Show JOIN THE CLKAlilNO HOISE. Salt Lako has thirteea banks trans acting a volume of business far in excess ex-cess of that of any other city of her Bic. To facilitate this business a clearing house was established several months ago," the weekly returns of which gave us at onco a prestige in the financial world that in no other way could be so persistently maintained. Uut satisfactory as our record in the maiu has been, it falls far short of the actual extent of our hanking business for the simple reason that four of the thirteen banks, or nearly one-fourth of the whole number, are not yet members of the clearing house. To specify more fully, the following banks belong to the exchange: Wells, Fargo &Co., Deseret National, jMeCorniek & Co., T. It. Jones & Co., i I'nion National, Commercial National, Utah Savings & Commercial, American ! National, State Hank of Utah, i And tho following still remain out-j out-j side. National Bank of Republic, Utah National, Hank of Commerce, Zion's Savings Hank tfc Trust Co. We presume there must be some reason why the four institutions last named should hold aloft, and it is probably prob-ably ou account of some differences in the admission foe, but we believe that weightier causes should prevail upon them to give in on a comparatively small point for the incomparatively larger point to be gained thereby. All other cities in the country straiu their utmost endeavor to make tho best possible pos-sible showing iu the weekly clearing house returns for the advertisement that is in it, ami the same just motive should inspire us to bring our weekly record to the maximum ligure. At the sumo time it is palpably inconvenient to have the checks of a number of banks pass through tho clearing house while those of another number have to be sent for adjustment to tho individual banks. As a matter, therefore, both of business bus-iness and advertisement let the four outstanding institutions join tho clearing clear-ing house and swell the grand total of our weekly returns. It will help along. |