Salt Lake Telegram | 1951-01-04 | Page 8 | RFC Won't Close S. L. Office, Cosgriff Avers

I nrc Wont Won't Close IS S. S L. L Office Cosgriff Avers I WASHINGTON o s Special p e c f 4 a I 1 Walter Vatter E E. E Cosgriff director of the Reconstruction F Fin Finance 1 n a n c e Corp Carp Thursday emphatically d den denied e n i e d published reports that the Salt Lake City office of the R F C might be closed This report is not true said the former Salt Lake City banker We Ve have absolutely no intentions of closing out the office Mr Cosgriff explained that in inthe inthe inthe the interest of economy the R F C Caas was aas consolidating some of its bookkeeping activities The bookkeeping bookkeeping bookkeeping book book- keeping will be done mainly inthe inthe in m the future at 10 or 11 key offices rather than now is done by more than 30 field offices He said this new system may result in some of f the personnel of the Salt Lake City office being transferred to Denver The consolidation of bookkeeping ing activities will in no way affect the loaning activities of the Salt alt Lake City office Mr Cosgriff assured assured as- as the Telegram