Show SALT LAKE BANKS I SHOW BUSINESS IS GROWING F Financial and Trade Conditions Condi Condi- lions Here Declared to toBe toBe toBe Be Most Satisfactory h SALT SAL T LAKE DANK CLEARINGS I I Yesterdays Yesterday's clearings 2924 1 l Same day last year Weeks Week's clearings 91 Same week last year I IThe The banking conditions in Salt Lake always satisfactory are displaying an improvement In keeping with that shown b by financial institutions in other centers throughout the country That business of all kinds is increasing In a a. gratifying manner Is shown by the thc report of the Salt Lake clearing house which shows an increase of more than In Saturdays Saturday's clearings over those of the same flame day last year and for forthe forthe forthe the week nearly over the corresponding corresponding corresponding cor cor- week last carI car responding year I F do not see not see how conditions very well could be improved upon said W. W O. O Cleland manager of the Salt alt Lake clearing clear clear- log ing house yesterday d Certainly t they are most gs gratifying 1 and d It Cf is practically tI I I Ia a certainty that a t they will c continue so be Deposits W as a rule rew are reported ds to be increasing and a general denial is male made of a story that hoarding is in progress On the contrary it is stated that hoarding hoardIng hoard- hoard Ing log Is not being Indulged in by American citizens and that the extent of the movement movement move move- ment nent by aliens is much less than was anticipated anticipated anticipated an an- and not In proportion p to affect ct the situation In th the slightest That the situation throughout the country country country coun coun- try is in splendid shape is shown by the following telegram received yesterday by i J. J A. A Hogle Co The governors of reserve banks in conference In Washington on financial I conditions of the country countr find business I good In all districts with no sign of hesli hesi- hesi I I i or of a backward movement Another wire by the same brokerage I house says The governor of the stock exchange is isi i t f liquidation authority d for of the collateral o statement i securing that r n foreign rei reir the j r i I American loan has ceased which is the I most niost promising factor In the stock mar- mar ket e Letters received by a number of Salt SaltI I I Lake banks from correspondents and from fromI I various arlous Eastern banks are unanimous In I declaring dE that financial conditions are splendid and that retail business is good because all classes have money and are spending it freely |