Salt Lake Telegram | 1936-07-25 | Page 9 | $15,500,000 Gain Shown in Assets of Utah Banks during Past Fiscal Year

1 O GAIN SHOWN 11 IN ASSETS OF UTAH UT AH BANKS A 1 DURING PAST ST FISC FISCAL At YEAR i 4 St Statement temen From State tate Co Commissioner mi si ner Reveals Reveals Reveals Re- Re Improvement in Liquid i v J S Condition of Institutions 5 S 1 A increase increase- in Utah ah bank ass assets ts over ovet the preceding preceding pre- pre ceding fiscal year was shown Saturday in a statement from a aR R Rulon F. F Starl Starley y state batik bank commissioner t 1 Th The statement statement as of June 30 1936 is for the fiscal S ye year r 36 1935 with comparison for 1934 5 5 It showed a tremendous increase f fIn In n liquid conditions of the states state's banking institutions larger federal reserve less money tied up In real estate furniture and fixtures less money in stocks bonds and ties les with the exception of guaranteed guaranteed guaranteed guaran guaran- teed government obligations obligations' S Sand and Indicates that more money has been seen dumped dump d into trade markets Mr Starley said S The statement further indicates ret returning business confidence and higher tempo of Utah's Ind industry stry he asserted S 5 Banks Listed j two Forty-two commercial banks are are f listed three trust companies companie one one savings bank and 13 national ba batiks banks ks l for tor total assets of f as compared with assets assets' as of June 30 1935 of an increase of ot 15 Broken down tho the assets Include 51 for 46 6 state banks and for 13 national banks 5 compared with the same respective respective respective re- re i figures for the previous year of and Loans and discounts showed a increase government obligations obligations went up real es estate cs- cs tate holdings decreased and and there was an increase In all d deposits posits t Of ot Tabulation of main items In th the statement for the fiscal years ending June 30 30 1936 1938 and June 30 1935 follows Loans and discounts 1936 discounts 1939 46 and 1935 S United States government obligations obliga obliga- 1936 1936 and 1935 Other bonds stocks and securities 1936 1936 and 1935 20 20 5 Banking house hous use assets assets 1938 1938 1936 1 and and- 1935 Furniture and nd fixtures 1936 1936 and 19 1035 5 Real Rent Estate Drops Re Real l estate o owned ed other ther than banking house house 1936 1936 36 and i 1935 5 Reserve with federal reserve banks banks 1936 1936 and 1935 Cash including balances in other ther banks banka and items in the process of collection 1936 and 1935 Other assets 1936 assets 1936 and 1935 All deposits 1936 1936 and 1935 Common capital and preferred stock capital notes and debentures reserves for contingencies and other Items of ot tho the capital account account 1936 1936 and 1935 A breakdown of all d deposits showed that of the 1936 figure de demand demand de de- mand deposits were U a as as compared to for lor the preceding preceding pre pre- ceding year Time deposits were and while deposits comparisons compari compari- sons eons of public funds lunds showed la a drop of Comparative figures of ot the public fund lund accounts were 5 12 and U. U S. S Accounts Up United States government and postal savings accounts accounts' showed 1 96 1 for 1936 1935 fiscal year and for the preceding fiscal year Deposits with other banks totaled the fiscal year Just ended and for the preceding 12 months The capital account showed a a. total surplus of as compared compared com corn pared to the the previous previous year Undivided profits profits' were as compared to