| Show B BAN K CLEARINGS nARI First Days D Js Business of the New ew Year lear car an au One at al atThe The hc Local Banks SAVINGS SHOW GOOD INCREASE Home Ilonie HOlc Stocks Stock Arc Me Somewhat Quiet in InIc View Ic les of the Big WI Money Monc Deals of The Last Few Days Dis The first C day Any it f the tho new naw year tbt It H N I I a half naif III holi holiday hol day la nt at the brinks up with wih nn elal totals that tho t break all 1 recent records record Tho The bank ank clearings given Rhen In 11 another column u a falling oft off In ill II totals for tor forlie lie tho closing days dos ot t r 1903 an nil R compared with wih the same famo doys doya In 1001 hilt but th thA clearings cr today with wih those of ot Jan J I 2 1903 1103 nrc almost three times creator grenter the lie actual figures being heln ai as 1 compared wIth for Jan 2 of or last year nr The Thi Increase Is I of course COUt due first to the tho I paying off ort of or half bait a I million dollars of oC the tho ho Church bonds the tho money for which h came from several bank banks th disburse neat ting made modo by b Trustees lUlls Hills and an anI I nil ni but of the tho Issue was paid off or today tola A second cause causo C Is un understood UI to have been the tue transfer ot or considerable money mony on account of oe the th railroad and power deal cel The Tho ThO second call on the tho subscribers to 10 the lie stock Block of ot the Iho Fremont tremont County County company amounting to t iO was also nl o made madu for ro today and various concerns Including the Utah Sugar company the Amalga Amalgamated mated Sugar company and the Home HOle Fire Insurance company compan have hlo paul paid dividends either on Oil nee Dec 31 or today toI the checks for tor which generally went w nt to 10 swell cl It I has beet been heel many years Im since the banks received mid paid pale out to so large larce a 1 sum of ot money mOny as n they hey did Ild today but bUl butIn butIn In II the tM best belt posted postell financial circles ere It ItIs ItIs Itis Is the he general opinion that In a i short time ttO tho lie great part jart of oC the tho funds now dimming changing hands will wil have hac found Its Is way WiY back Into the tho natural channels of f trade and Ind that the he tight LIght moni moat mar market hot ket which Invariably marks the Ole close coe of oC one ono year mid the opening of or another with will wi bo ho at of f short duration IN SAVINGS The savings banks of or o the tue city whore where Ih ro tIm the money or of tho people largely goes goc where In Urn turn heavy h I loans lire arc ure to tD th business public form om u a good barometer bf or financial 1111 condition Interviews with lh several of oC the leading lending institutions by a n Noun Nol today brought forth tho the fact that the tho opens In iii special specially ly I buoyant form nul with every In tn cheering Mr Ir M hi Can Curi lion 1011 IWI cashIer of IC tile te Savings and Trust company n furnished hell the fol following lowing which tell eli unmistakably of ot the lie trend trene of ot business at that ImUl II t tut Ion Deposits Dec Iee 31 1903 la 3 Deposits 11 Dee Dec Del 31 1902 1002 Increase o during durin 1903 Total business Dec 31 1903 S ill ll Total business assets Dec D c 31 3 1 1902 12 Increase In 11 1903 Savings accounts opened to t Dee Dec Del 31 3 I 1103 1203 Savings accounts opened to tu Dec 31 3 1 1902 I In 1903 At the Deseret Savings brink bank Cashier E I A wild that the s of Iho lie bank hank had Increased In 1903 1003 consider consIderably ably Ilby over oer that of ot 1902 TIn Tim volume of business 1 was larger lurKer and tho the deposits were also In Itt II As Al A tar far as tie ni he lie could observe tho the 1904 year opened with wih Indications fully us UN good as those these thole of oC Their deposits le were larger to In today t lay day knit over ever and nud us its IR their money was lS nil out and Ind 11 well wel h he felt they lied hall every reason to bo be satisfied Jot JOH JOl K I Caine cashier ot of C the Utah Ulah Commercial Savings bank said that their department showed 11 a 8 increase for 1903 over 1502 1002 There was nn an excellent demand for Cor Cormoney money anti and they tho hind had n In the lie best bost lt elM class of ot 1 loans nt at good rates which of ot course courBe Is IR a 1 healthy hl Indication I call l H 14 II 1 Lynch cashier ot or tho the rinh Saving Trust rrue company said Mid that their business showed nn RU Increase dur during dil log ing hI 1903 and the tue outlook for 1901 1001 was good ROll Savings deposits posits cro Increasing ll lug ing II steadily an tn us 9 tim tho demand for money mOier was RI excellent ho lie felt tel they had no ream rel ln to 10 complain STOCKS Tho Thio Th stock market liar has hA been en rather quiet during Iho he Ih week eek owing to 10 tho holiday and tho the strain on tho ho money booby market rhet duo tine to tho Ohio many deals bale that marked tho thin close clos of et r the lie out old year Dividends were wore sent Mit out today on Homo Firo and Amalgamated Sugar preferred Quotations howe have 10 not changed from last week except e ept In 11 thin tho reported ee by h Broker Cutler I Cuter stands S bank JUD W bl J tab Inh preferred sold lol nt ot 16 iO II u slight ad u advance vance Utah common commonis lei offered at n 1323 a I slight RI ht decline Ile Homo Fire Is strong nt at JU 14 Amalgamated pro erred sold paid at nt mc 0 prior to 10 the Ohio receipt of or thin tho dividend which would bring It to tn M 03 3 Church bonds SI IO to 10 ex cx the tho January coupons |
