Show I Substantial r w Gains in Deposits D e posits os s i T Total ot 1 Resources and a n Clearings earn s Made by Salt Lake Banks in 1928 I Substantial increases In deposits total reso resources and Salt Lake banks banIs in 1928 which t a clearings o of f general t tn men in business business busi- busi ness conditions In th this section as com compared ared with 1927 is shown in a report report re- re port made by Edward A A. A James examiner of the Salt Lake Clearing House association The report shows that deposits In local banks for the fiscal year 19 1928 amounted to an increase of over the preceding year Total resources were an increase of ofT 58 l Total clearings for 1928 1028 estimating the clearings for Decem December n i same as December over 1927 1927 amount to WS an increase er 1928 1923 of 41 the Commenting on the report Mr James said The banks ff have large reserves and are In a strong posItion to tale take care of legitimate The states state's basic industrIes mining and agriculture have enjoyed demands prosperous year and the dIvidends of the larger corporations a which wIll be distributed this year wIll greatly add to the lIquId capItal available for investment Generally speaking business conditions are of oCi a most satisfactory nature T The comparative statement of deposits and resources I of the T Lake i City banks as per published statements In Salt state banks until i up September Sep 29 29 1928 and national banks up until October S 3 1928 1923 follows follow J Total 10 tal Name of Bank Dank Deno Deposits dt Res Deseret National Bank 5 Is 1 no 2 oo 08 7 Walker Valker Brothers Bankers Continental National Bank Utah State National Bank Utah Savings and Trust Co 2044 IS Columbia Trust Company l' l 85 National Copper Bank i. i Zions Zion's Savings Bank and nd Trust Co Deseret Savings Bank flank 7 SK Tracy Loan Trust Co Judge Halloran Trust Co 36 Central Trust Company 70 4 Bankers Trust Company If Total Trust balances Comparison 1927 State Banks Sept 30 1927 National Banks O 0 Oct ct 10 10 1927 17 81 Increase 40 p i- i A comparative statement of monthly monthly- clearing for lor 1927 7 and 1928 follow i 1927 1928 January February 20 March J f April 3 May l Ma i J June nc July Jul August September October November December 08 Total 94 Increase 1928 Clearings for December 1928 estimated same as for 1927 1921 |