Show RANKS BANKS B STATUS IS IMPROVED REPORT SHOWS Consolidated Statements In Indicate Indicate In In- Increased Liquidity The 50 commercial banks three trust companies and two savings banks under supervision of of the Utah banking department had total asset assets and liabilities of according according according ac ac- ac- ac cording to the consolidated statement of the Ins institutions at atthe the close of ot business busi ness hess June 30 it was announced Friday Fri day by John A. A Malia Mali bank commis One year ago the consolidated statement statement state state- ment meat of 56 banks showed total assets and liabilities of while total assets and liabilities of f 59 banks six months monthS' ago or at at the close of business December 31 1932 were In general the latest consolidated statement shows a strength strengthening ning of the banking str structure with increased liquidity in improved holdings of cash United States government bonds and securities and other stocks and bonds and reduction of f loa loans s and discounts discounts dis counts over a year ago As of June 30 this year the reserve on hand was or 9 per percent percent percent cent above the required reserve of 84 A year ago the reserve on on hand was or 18 per cent above the requited required reserve of The latest statement shows a reduction reduction re re- re- re ducton of or loans and discounts over a year ago from to 44 The banks have also increased increased in in- creased their holdings of United States government bonds and securitIes tics tIes state and municipal bonds and other ther stocks On June 30 1932 holdings holdings hold hold- in ings of these stocks bonds and securities securities se so- totaled An increase increase in in- crease to approximately is Js shown by the June 30 30 1933 statement state state- ment which lists holdings of government govern govern- ment merit bonds and securities at state and municipal bonds at and other bonds and stocks at In addition total cash and due from banks was increased sed over a a year ago from to Total demand deposits as of midyear midyear midyear mid mid- year this ye year r were against as of June 30 1932 Total time deposits or deposits totaled as of June 30 1933 compared with 36 Os as as of ot June 30 19 1922 1932 2 S |