Deseret Evening News | 1903-10-03 | Page 17 | Story of the Banks and the Business They Have Done This Year

I n m M M fl w 11 t I Star of tIle the y S lice Have ave one i ins Yeat Y Y H lr 10 ti thU Iho ol oC IL a ety AEO 1110 That the ot 5 In Hall Is very vory great greater I that Of t UllY sister city ot the Iho Izo In the tho yet yel there IheN II a III h the tho hank bank ot t 1003 nil us with thoc ot of I O Jut Is s tho WIS Cht II a tI iV re rOI or The IM oth closed this week ek I t hotter better tory tO 10 tUti its lis Th Ih et that thaI there hall hn been a hopping the Iho otC off d S III viso In this Ins ing In tt lot for tor the tho two or three wc vc t 1 Much auch Oil 1111 large o bUBi tI at tilt the pice could not bc b ki k i t up So the Iha present is not 1101 f ll I lory tor highly to IO And liS to 10 the rut fJ ire that Ihal promie nil 1111 that t the o Jno t couI ask or Thu Is sIzed up anti rul l h th who ox pW pr i UH Ja W H 14 the lIIlI O Cot tOl the hou r being less for 01 the Iho eight for fOl the Iho larre in 1902 Is i this Iho t I I II I less leMs has hos teen been olt Ih local stock hoarel January to 10 ot of 1103 When heo thO oC iC the ler veC they to 10 Ui Ih o of the Iho clearings I 1 cnn cun Ihk of oC 10 no to attribute I f it I to 10 now the Iho ck r JI ft i K ot of clr 1 the In which the tho 11 market began o curtail Ito rin lons Ind ROtI Il iti It ft to Is this his whIch for 0 the tho rig tOI Ci this hits SUI uI ii h 1 n e over ovel the tho log hog or o ItO I x K Kr r 1 that th wi 1110 an in OC year rota now ui I a l 01 IWI 1 gooi mist i in stock lock I Ido Iho n 1 outs IIII ot of the Iho do ho nol nL think the retirement of at the CUtS ulA any In ho the tho of thO trot m of ef this year the amount of s which traus IP P now being dOlo done by rl rue tor fer mono If 1 Ilch than Ihn 1 a year lr ago on I 11 co I IMI 11 1 C 4 th Ih t I ate oro moro more ready II to laun h out Into Inlo moro more n nIl I I I I 1 leo no fl WIY hy Id not ho good Our ur never I JO well veit II ii 11 the his tory lory o of 1010 ore oro hy by far ar II to he be heIn In tog now new Shiver I U bettor Tue crops g nrc nn betti than for COL the tho Irit two 10 y ye ars ho beet rt II is enormous nd that iop o of Illel itself Is I LE ot of revenue for a wI vItto do of nt territory II In this tal Yel YC I think WI we inny the Iho outlook for the or C en enIng sing Ing 13 12 ns as of oC Irol ci I N 1 1 1 I 1 H H ls Desort Nation i 10 J Ii 11 Ih volume or of general bush busi ICS IS Of oi idre Irp lS no tOot year and mining bu mc s II M fully up ui to 10 te the k Ic cottie Is Ill IJ mil sheep II I a aI Jt I tIc I s I t bin k the I hn the ci rings In t n ni t Ii I ng 03 hes fluctuate I 13 banks carrying 1 their over Vor Instance vas over OlO one ta lay reo re cent centis The Tho is 18 sery 1 fair ni te de I 01 on lons 1 If eastern depreciate tl wesler western II to Ikel to 10 te ho though not 08 mich 11 ao for or merl Th hc ro for tho tim coming winter are good oot nr Is i the Iho outlook pleasing to for IheI colI In fact they Irl nrc hEtel better than lall last year on en n Of the condition ot of the ranges TItAN THAN JEI I J W Commercial lalk flank rhe ho business lons tIon Ild anti future seem erl to mo mc moto to be h b than I have eser II ho salt RaIl Lok city II mind the tho state Ji bink are m tha than I ever ho he tON ford he for Cor money Is In great rr er Id arc t inc The Tho mining Inter et eats rp laly te m mSt St Al ni lum ham lre are expanding to m s 9 Tho ho erection of oC new m mho III ho thc Ih Short hort Line the tho Hi San 1 mil anti Ur Or nd systems 1111 II in I thio hil el city to gether with the tho expenditure nC 0 C ho as II I a haiti lit leH by these I a pros hu nail of It population for fOI several years to 10 come rho o of the road Ind mind the tho ot of t I ho building of oC time wi lk o of this cl city I a gront gren t i n i I road ceo Ind keep I hi a go here hore for tor I a lunG long Ile time Thin hll thu tho that le we wi will laeh Ihl ha 11 In our OUI before the tho close o of time Iho do e re Time Iho o of the Iho ot of the by Ihn t hn i govern v iii largely e our UI am wi flits worle its theme wi lS HOOI soon 11 its I Is I it quarter or of I it II In the 10 it thI work worl II iii utah 1 II Interests are Prosperous except the tho sheep Industry 11 eyed considerably the tho hunt I Ivero muo vero winter Hilt even this hits Is i fast Thoro II is In au Int Pat o 11 ha the Iho I 11 Bil hut It II nol hot I a 11 In I It II is tor or hy by the Iho fact two Iwo banks rein uld the art merl merely tho Iho hel between weel Another lISI reason II it that ammo or of the hanks HOW cashes 1 ls i to hula aces each thi da y ot of carrying rr llA oVel iA ito hearing hou house e aces cm 10 t hI he to t 0 tho t ho cica ot of the tho 11 Al Al the legitimate tea fen lt if the tho are growing 01 mitt it or of hi iia Html to Ie whIch prod lre tile than eser time 11 ois whIch are drawn I Am AIU Cashier W V I F Adani Notional Balk Pank ot or time clearing house Ihl 11 re harts he leon during the Iho lesl r past pal eight mouths Ihal luau thoe o of the tho o of hint because of oC the tho ions a at o of In t iou In hh h h stocks were wen no deal In large proportion 11 and of oC stock lock 11 an lout YI year I The he meni estate sItuatIon 11 up to Heli 1 Immis heel been I hI ho CIUlO emise of the up till to that date II In ProsPect ivi BUl ince III the o ot for Cor two competing I I ace hll has I i 1111 a mid t Ions have ii to ye o m nave ou Otis os no regards stock investments ntA Irl are good although In trig to 10 recoup 1111 loes on the Iho whole omo 1110 larler larger year car limit the country banks suti to hI he generally prosperous II Iii the wholesale IR Iler larger Ihal hiatt last yeni I hl hi retail trade has not brett been ent truly bil hut with good seasonable I weather wil will ri ermi Ole ale becoming more moore I Independent of Ild and trade conditiOns hose II Iii the Iho east hon nl nII street II ho hoI II I ii Ih t hi t hi roes oC v t n a mm nit the i rum nut tiona o hardly more macro haim I a ripple II In hum tidal The he WI vest II Is Is Its own money centers and whoa large loans vestern no longer ti opt pel 0 tic their banko are able Ihl to In furnish ni nil the Iho cash needed I ChIcago lii Is encroach Int lug 11 on New Nev ni I a reserve centor miamI appears ra to bo be closely 11 in touch wih with tore ore wesler western limo ever be oT 01 A INDICATION ash lei 10 eo M amino lt of Frunt rl t fhe hy by the Salt Sail Lake tearIng to In not h by nn any milner manner ot of macann indicate time business ot of thin na mimi the clearings to In 1 a certain extent emily represent mooney trans through the Ihl different banks to 10 In 11 its A recent hy by the tho of oC Hal Salt Lake City II through lie tho cl clearing house shown howl that on Sept 9 moro more 1111 money on deposit Ihal ot at tIme Iho I ot of time cOlre year auth the amount of oC In the Iho tank 9 zions 01 00 mis moro more thou on the tho tinnie mo Ila day In 1002 Ihl the dl day on which I a statement 1 called tot for by the tho secretary 0 of state During time Iho 1 12 months monthA Sept 9 1903 there were nw new nr ac I do not tIme Iho u CX nci act Increase of 11 all the banks In time tho rt cIty state hil the prosperity shoWn II has In n a corresponding rc rho gree hem shored shared hy by oi nIh time others The ho demand for Cor mon money thin year II iii better luring 1902 1002 although the tho luin not been only IndicatIve ot of with security rn ret get n all the needed for legitimate busIness propositions itt t rates of oC In iii crest The outlook IA ii very favorable Utah hM has been heen e cooler ler 1 iii Inane mat mattern tern thIs thIn year thul for or the tho leg Ing 1110 ohio months of nt II I yell anti this Is II by the ability to 10 obtain oney from froni our local financIal tons II at 11 mis low n a rate a cnn ho lb oh tamed In NeI New York II lie I a hall amid receIves savi ng thereon therron lt at the high hIghest est cst current rates holt half holti i rl 10 lie ni 1011 money on 1111 mart gage ao o of real I ii nit mar In ot of security anti loans 01 oil rol laterals nt at fair interest rates lii In this directIon his IH I very II active II lie 1 gives hi personal tl t tar Cor collections old amid thIn Ir mit hi his hUI grown to 10 large II secures for or hil his In In bends antI anti lie he buys auth ol 01 on giving prompt cash oah on till sales n IQ Ii niso dOA does U a Very r lal large e bust 11 flen In hu ll soiling Ind property hothi bOlh Ily cIty country Iii undertakes the of oC for tor or nl charging moderately for hits Although hI h the hUi lies II iii January l n I It hl has grown to 10 vP very I