Salt Lake Telegram | 1949-07-02 | Page 15 | Clearings up 2.58 Percent in S. L. Banks

Clearings Up 2.58 PerCent In S. L. Banks Salt Lake bank elea,rfnga were up J 58 for the six month ending end-ing June 30, over a similar period last year. It was reported Batur-i Batur-i day j But Robert 8. Have, secretary-manager. secretary-manager. Salt Lake Clearing House Assn., aaid activity for the month of June, 1849, waa down 2.19 against the same month In 1948. Total clearings for the six month was S1.382.039.S&6.98, an increase of 834,848,373.38 over the 81.347.190.782.58 reported the first half of last year. Tha Salt Lake area probably Isn't being affected by the "normal leveling off process" aa la the rest of the west, Mr. Hayes said. He reported that for the first five months of thus year, clearinga of banks here were up 3.8 aa against a drop of 4.8 for the 12th federal reserve district aa whole. The June clearings this year wera 1231.389.109.54 as against 3234,-590,994.08 3234,-590,994.08 in June. 1948.