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Show M DEPOSITS GAIN mm IN YEAR Deposits in Salt Like banks have gained a total of nearly $10,000,000 over the amount held by the institutions during dur-ing last vear. Figures were made public of JLarch SI showing demand deposits of members of the Salt Lake e'eanne house to be So6.S5i.000 as compared vith iimiiar deposits of ?:o,600,000 for the same day. litis." Time deposits of the clearing- house members on INIarch ill were ?1-.-0S1.000 as compared with 5lS.51S.000 on March SI, 1P1S. Two savings banks are not members of the clearing house, the Zion's Savings it-Trust it-Trust company and the Deseret Savings bank. The first of these resorted demand de-mand deposits of SS, 339, 415.43. In UUS the bank held S7,6?6.S;.02 of demand deposits. The Deseret Savings bank reported deposits de-posits totaling $L4S4.3L'o, or a gain of ?550,000 over the corresponding- month of last year. Total deposits in all banks of the city for March 31, 1919. were JSl.TSl.TSS as compared with S02.5S4.S93 on the same day in ISIS. The gain was exactly reported as $9,246,S45 for the year. This increase of nearly one-sixth in , tke bank deposits is held as a most healthful indication of the general prosperity not only of the city, but of the surrounding territory. Much of this money is becoming available for building and development work along industriaj lines that promise much in tiie way of employment during the coming months. During a period in which the money of the country has been under constant con-stant demand by the government and other agencies, Salt leakers have managed to add very materially to their cash resources re-sources in such a manner as to put this section in excellent position to meet the needs of reconstruction. |