Duchesne Courier | 1924-07-25 | Page 1 | Banks Build up Reserves

I v I S BANKS BUILD I. I n UP RESERVE An Indication that banks bf of or the h slate state are aie building up UIl a greater t l it- it serve selve Is seen In the Increase e or of 2 In In stocks bonds anc and securities as shown by the June 30 report of oC Seth Paxton state ban commissioner which gives the condition condition con cOu- of or six ninety state banks ane and twenty national banks banks of Utah The augmentation is evident evident by by- comparison comparison com cone parison with the statement for De Ve- December cember 31 31 1923 The rite latest report reveals an In Increase increase in- in crease crease of In time d deposits deposits de de- I posits and a decrease decrease t se of oC In demand deposits There Is a n net decrease In re resources resources re- re I sour sources es of or as compared ed with th the figures for the end u OJ last year eal Resources totaled I as against at the close of 1923 1 The fhe total resources of at state banks i is given at and of or national banks at