Salt Lake Telegram | 1907-12-11 | Page 6 | Local Banks Pay Checks Partly in Cash Now

LOCAL BANKS PAY PAYCHECKS PAYCHECKS PAY CHECKS P PARTLY ARTL Y IN CASH NOW The rho condition of ot the tho ban banks 5 of or Salt S La SLake Lake c CIl City Is excellent according to th statement of ot ono one of or tho the leading bankers banker this morning It Is understood that the local banks s are aro prepared to mAl make e cah casl payments Just as os soon as tho the banks of or Sew York City start such pa payment Yesterday was wall the tho second largo large parn payday pay pay- rn day clay since the tio money stringency started The rho employees of ot the American merican Smelting and company and the Utah Light and nd Railway company were paid off oft The checks were cashed by Mccornick nick Co and the tha Deseret National hank bank Only a ll small amount of or cashiers cashiers' checks were used in paying the men Checks were cashed d at tho other banks In tho the same name way