| Show BANK ELI CTIONS TODAY Tour National Institutions In Salt Lake Choose Boards or Directors ELECTION DAY THROUGHOUT COUNTRY nnllnnmr CVm < olll tlnc Nrllnml Milk nf This City Code onilllrmlMllink era llrllcriit at Irving Jmlcl The polls ot the four National banks In Sale < Lake City for the elec tlonIt boards ot 1lrcclors 10 serve for trip cnulng year closed ul 4 oclocl this Afternoon Tire ibili of the 3613 other Natlonol hnnk In he United States Closed nl the same hour net hlllg Ifutlnd a similar function The fur Halt Lake hank referred l to arc the Diseret National Commercial Commer-cial National National Dank of the Hpuhll and the Utah National Th dlrcto tho are chosen today will meet some lime during the prevent month and elect officers whose terms HB such uIll run for one year Theme meeting may and may not be held on the same clny na there in I no general requirement the cave its Is I true with refeienee to the selection of oil ectors The meetings of the Salt TAke Inst lotions brought out the fact that there has been under consideration for sometime some-time the question IIf the advisability ot consolidating some of tire national banks he Just whlll the oticu tarn are beyond the fact that ngullallon have hn carried on Is I nol known outSide out-Side oC banking circl em II In I claimed the IInolltnllon would < be effective on the bill IlInt tout If lint Wius the nc luul Intntl < It in I now lull e e I car that a Postponement has been hnd ant Ih1 there III he no onolldullon for the present though one or the bt Informed In-formed bankers In this city says It to slt our 10 the near future An olhr Prominent figure In nnne who 1 as rut Posted to bo t Interested In the Consolidation movement Loch The fact Is Bait Lake has more hank than hlll neon and the times justify Denver with congdolerably more than double our population nan less I than half ns mn banks Is we he It tax tour nn lIon1 banks the same no Salt Lake but those Itnk do nearly nil the bus I Peas II hag but four banks 111 the clearing bourse while We have eleven and several on the outside These Tire Only some ot the arguments gnlnt too many hank here As 10 corot01dation < that bas heen uccelully tried In Chicago and elsenbere The same thing cOlllol Ile done here anti just no much business Itnnncld at very much I coat When Joseph r Sloull president of the Utah National bank was seen and naked its 10 mhether there wits 10 Ilea Ile-a Ponsolislation of Iwo for more of the national banks In this city he replied I do nol care 10 Pay anYlhln on the matter 01 nil Air StoUIl then dl rcoled attention 10 the fact that them had hn about 25 new national banks established In the United States the lat monlh more he said than hall seen Started during the pt Ave years This he Interpreted as being favorable to national 1Bh II tional 1 banking business |
