Salt Lake Telegram | 1925-10-29 | Page 2 | Financial Data Reveals Utahns as Thrifty Folk

Financial Data Reveals a as Thrifty Folk i Banks Hold Savings Deposits in Excess of tOO for Every EveryMan EveryMan EveryMan Man Wom Woman n and Child in inState State t 2 i State Ba Bank k Commissioner Seth has just compiled figures which will b be sent to one one- o of the financial Journals journals' of at the country and which dispel the blues Utah according to the figures Is a wonderfully wonderfully wonderfully won won- thrifty state The figures which Commissioner has compiled d disclose that on a basis of a population in the state of half a million people there Is on deposit in the savings banks alone in the state more than a hundred hundred hundred hun hun- dred dollars for each inhabitant This is almost three times as much muchas as there was ten years ago Her Hera are the figures On December 29 1915 the total of savings on deposit in the savings banks of the state was and of this amount the tho savings banks of Salt Lake Lak held 11 On June 30 1925 the total amount of savings on deposit in state banks aggregated and of ot this sum was held by he the state banks of Salt Lake the balance balance bal bill ance in state banks outside of Salt Lake On Or June 30 1925 savin savings deposits In the national banks in Salt Lake amounted to while while- the then n national tl nal banks outside of Salt Lake City held making the grand total held as savings In the banks of Utah aggregating 50 or more than a hundred dollars for every inhabitant I