Deseret Evening News | 1907-12-14 | Page 55 | Increase of Ten per Cent in Bank Clearings

INCREASE OF TEN PER CENT IN BANK CLEARINGS THE T H figures figure showing holn the th transactions of or the Ihl take Lake clearing house for the current year It will be noted nOI ir or ire but bill slightly in advance comparative over r last years Mra total I This Thin li I due dUll almost 1 entirely lir to tIM the th that for November r and nd December or sine sines hItS the th nt financial disturbance made mad itself felt the tM howe house tran transactions In this thin city have havo hll Men been conducted on en a 8 different 41 I beds ha In Heretofore It ha b has been the I of or the local 10 1 bank balaki instead of or making i nt In lu ash rath ah for far balance due dill to catty carry them over or from day da to tf day putting them then In III again egeln lIln R as credit which method n Te th ladale and which e by th t the way a l I Is common In III mt most of the rifled nr ur the filed Plates Metes Ill as all shown by end and nd other returns return urn Therefore In order to Snake made a fair comparison com of this thin pears fat hun 11 with that of ot lint lest I year It would be he proper r to tn add acid Id to 10 the total a sum um sufficient to 10 make mah Up this difference anal ami nd this thin Ihl amount I Is estimated lImal l by local Ineal bankers banker to tc equal ut least for the lh month months of 01 November and IVi n IB mr Judging by the average of ur th Ih the lest bist four months month tile The 11 comparison thua thus made mall shows hw i a total of 0 1014 of or business or nn 1111 Increase over oar r lat last years f volume of or bu hu ln i of r nearly 10 18 per M rent cent which nil III thing hind consid considered eon eyed ered be regarded as very satisfactory I The Th lr tto hns tl own Is en generally considered the high tide I y OT r of ot the th nation mid land a as Indicating the growth of Salt Bolt l ak and n the III t lon of tit bounce K over that thai year the lh pr nt dear Inn ingi show nn en Increase of or about SO 60 per tr cent A little it lamination shows that he tho bu buln business through tilt the Hearing clearing house houie for this year t ar I Is III practically ll double what It us K for 1004 1904 COMPARATIVE STATEMENT OF BANK DAUK 05 IN SALT LAKE aIrY FOR TIVE YEARS Month nr n J 1903 2 2 S 16 February 11 11 March April 21 1 May 1 June 41 21 July 11 August t September 5 October November December Totals i Estimated imatt ed n T