Show BANK CLEARINGS OF SALT ALT LAKE ARE CLIMBING UP Insurance Measure Declared to Prove Necessity of Federa Federal Fed Fed- era eral Reserve Here II SALT LAKE BANK CLEARINGS f II Today Today's s clearings 1 S M III Maine day to-day da day last wt year t I Weeks Week's clearings game m week tau last year I I That existing business bounces conditions In Molt gelt It Lake are that roost gratifying le I. proven 1 by the weekly report of the Salt Lake destine clearing house Clearings n yesterday esterd y were nearly 1 too In excess of ot the corresponding da day alast a last year while for or the th week the figures figure I ex exceeded ded d d those of the corresponding w week ek ekIn In No November ember 1916 by nearl nearly Bank Hank clearings are arc declared to be the business barometer of ot any financial or trade center and therefore the business Ilk sky of Salt Halt Lake Is la charted a as aa being without a cloud of ot any de- de description and the predictions are for tor continued splendid trade weather The gratifying and continued increase In the bank clearings clearing of ot Salt Lake i n. n declared to be a demonstration of I the tho h 11 for tor the establishment here of ot ofa ofa ota a hank bank of ot the federal reserve e system Such a movement was inaugurated some time ago b by the Salt Lake clearing rill I house and tomorrow when James J K L Lynch governor of ot the tho federal resent bank of ot San Han Francisco arrives to attend att rn the meeting of ot Utah and Idaho bank bankers r to 10 discuss the project It Is la considered consider certain that the tho figures of ot the Salt Iak Lek clearing house houe will be used with effect t John lohn PIngree president of the M. M MCI Mer- Merchants chants hants bunk bank and also of ot the tho Salt SaIl Take cb I hou house e and who headed the committee com com- which invited Mr Lynch to stop tOl In III Sail a It Luke Lake on the his return to San Ira Fran I imo ra o from 1 the East where he has hall been bee in Ill i conference with other governors of 0 I e rne banks bani said yesterday that thai th the Idaho Iii Ida ho State Rankers Bankers association had I wired aired that It would send at least three f NII r ta t hes AI Mr Air r filigree ree stated that several leading bu ks of Idaho would be personally personal rp- rp reunited HS as would a number of ot bankIn bank banks in t Itah tah outside of ot Salt Jake Lake The conference con On ference ru will be held in tn the Commercial c lub duh at i o'clock tomorrow afternoon |