Salt Lake Telegram | 1934-01-25 | Page 7 | Bankre Sources Are $76,600,328

ARE Total in 47 State Financial Institutions Institutions- Shows Decrease Decrease Decrease De- De crease for Year The 47 state financial institutions In n Utah had to total resources s of ot on last December 30 accord accordIng Ing ng to a consolidated statement IsSued issued Thursday by John A. A Malia state bank commissioner This Was was ras a decrease of 1077 from the total of 59 banks on I December 31 but the decrease was caused largely by the nationalizatIon nationalization nationalization of six s state te banks In the First Security system of of Utah and eliminations ri nations of the resources from Iron the state consolidated statement The statement shows total deposits of in including I in demand deposits and 16 in time deposits The reserve reserve re re reserve serve on hand was Tile The required reserve reserve was I IThe The statement embraced raced 42 12 commercial com mercial banks four trust companies and one savings bank