OCR Text |
Show ' DECEMBER NEWS SATURDAY DESERET EVENING 17 1910 Finance, Insurance and Business Statistics of Utah -1-- - Bradstreeta Expert FOURTEEN BANKS OF SALT LAKE MAKE A SPLENDID SHOWING and on Business Th Salt Lak banks art? 14 this year, instead of 13. as last in ialana al i bank, which opened for business June I the increase being the National CuPP Neu house building with a capital of half a minion. That the new institution had many friends wa niuxtffest from the growth of deposits, which June So. amMititd to $724 49 S and 10. hud increased to $l,lb6,414 51. E Gunn. u Han- The dlrectra are V. V. Armstrong. J din S. Bran.sford. John 1 m. A C Ellis. Jr- - Sherman Fargo. James FarreUv -' N MjGi!I. Duncan McVUhie, P J Moran. W. V Rire. J. R Risque and W H Thompson The officers are rhett. David Keith. U Vu- - Preitin-President. W W. Armstrong Rue and John fern. former, Eugene Gdra. Tb lcar banka have had a prosperous 9 jear Tnere has be n no panic, no runs on the banns, and in common with all of' tbe hankuyt institutions f tie- slate. ttie p, m a vjod ie- With th substantial condition, or as President V, V Biter of the Deseret Savings hank savs. I dnntjthink there is a weak spot in anv he of our banks. itaiun sl I'OMlh and Citi resources other than investments, there is an increase all r und. aatiill be noted from the subjoined table showing the condition of all the banks up to the HoNov 30 hiL Tift Increase la Quite noticeable in the total of u o by the bv-capitaltXHlion. The decrease in deposits amounts to nearly $1.S09,0U0. This has been anticipated 6tad shrinkage in deposit has been noticed during the j ear. due. it is stated, to so many foreigners drawing their savings for remittance to the old country and U - Inundating their holdings in thi section of the country iut then tie draft on dvpolgn other title hM beenmuch more marked than here. foreigner ar nmr numer us i).. n along tha meridian The shrinkage of half a million' in genral cash resources is ascribed lablv to practical! the same cause, and in neither case does u reflect on the financial condition as li might be shown that the deposit of Una fide residents have increased, if deposit accounts of residents and transients could be presented separate! The Salt Lake franks are well prepared for the coming years business. Their managements, while1 conservative, are always ready to extend Man for ad- tin! no undertaking with prahu worthy purtwise and rocogniaed and reliable backing need feJel itself hampered for lack of financial idnewn. .There f nits mi .11 a. genera! Salt Lake bank offhuiK have Pig I ecu grfrferi Jocgl financial circle, parti ulari. as time gin on. this market becomes less and less subject to fluctuations of eastern monev market aa level headed men pith the bet of iudgmeni .u investment mattery There was some apprehension When the last bank was opened le?t thiv temtorv muftx b ufli nt to support many lianks, Lul thev all seem to have an abundance of tatronage. artd aie doing ewell. The annual tabulated tatementthat appears on mis page tell th uual iitterMmg t TABLE SHOWING THE CONDITION OF SAIT LAKE'S FOURTEEN BANKS. ya. Commercial FRANK CPT. R. . VV1IITZ Ki- In cKpert rev icw of the buetnesrt and cstfnmertia) outlook, glvea tire following tatcrrnt that will be read with gone i I ,ntrt -- t. He ii y : "The busin-history ot 1910 I present on Abe a v urious ajfnftly. With whole oufof debt, with wages and trofe .prues at the highest niir'i In four with rntnurka bulging with u plus products, with fn torlcs running at nearly full rapacity, wiut Lanks-meflowing with deposits! trith trensportution facilities heavily taxed been I A h.u.dJK Uaftuv the country ha it colter Ilona dull in every f x e I d r ly lawdswardromd be h k ctear-,ai- s showing eilhernn actual decrease so far the mo oral ,.f 1U in a p urtHiuiit In effort, to a decrease. In bhoit we have had the conditions of the art n rtTtt ITof utrtgno- tiuii,, t dimmer. JKt the It i difio-Ul- t rv.soii, for reason there Is hone, but ,n adoqnrre rrfihinaIi'in of thla unique ti.f of nffitlre; An rleitlou of Hlet me italnty in prospect. a . general doubt f a tonllnu itiun of firfrwrity, c p-- c lCvi when ImanciaL-lwe.wvre we were at th begimung eXditiy J Silt LakeJSeeurity Deseret Savings fol Profits. 150-000.0- '300.000 0 100,003.00 125.000.- 00 ,10.000.03 250.000 250.000 , 80.000.00 139521,81 14.54358 0 100.000.- 03 600-00- 0 0 .44,302.50 13539.39 30.358.04 15.181.66 38.109.00 250-00- 0 200-QC- ...1 150-00- Deposits 76594.00 $ 3.242.000.00 $ 4,70452157 94,739.84 0 250-000.0- 150.000 ' 5.00050 - 7529.60 1 100.000 99.700.70 v 0,000.00 500.000. 50.000.00 $4,350,006 $1565500.00, $71 67824.60 Bank C - 3,187500 ' f420455.03 $1,162,500 $ Forty Millions in tu.n 1 , $irv covered a.. southern sali- ..c idiriv ir ;,i w l in normal have lgratiorts ou record me t i- 144-544.0- 618.58755 4.720500.00 1.869.764.02 1.918564.77 7500,000.00 2.896.470.79 2.219.683.40 1.253477.08 1.705.37655 441512.55 1,127420.98 2520.805.96 1.192.546.00 $3661 1 442.97 38.360-774.9- .77 $ 0 4.324.709.72 300500.00 2.3435OO.OO 1.131.881.29 1,652573.09 3500,000.00 .2.242.114.28 1.511.891.84 985.394.10 1.113.66657 409,125.39 832,259.32 1.244.278.48 971,938.00 243.097.00 206.0b0.66 475500.00 $1,693-1475- $24,615-0675- 0 969-903.7- 241-722.7- paet-vettg- j7 miturred Itah 5.873-016.1- 0 ' rigu.al tion of Jwf r bv a hu! future of th Sail Lak Ikarihir Hour for the current r fall behind thoe of This tna' nH b erv xrailfinir. but at the samv time regret la eonHHirabl aRRUigvi wi.n it that tit the mailer of baring house return Salt Lake la.tuls much better than most of the other wnt-r- i itieR Two reatums among r)i hcin are gUen fr the prennt RhrlnkaRe. tlx. the strict mauitenanee b the tienagernnt of a j!iy agunist padding. or running over from day to da, balanets due between the bank-feature that tn ea r pant hu? the clearings up where Ihef gave an idea of bn a businesR altogethr ! roseate in, coaiwwwn with fcnTwn 'aelual condition Ju fact that trade has The etntireaon referred ben during the late jtumu r and earJv fall more quN dhim might be wished. This Iwller of course proved a material factor But the generil dispoeuion i to regard the coming ear from an optimistic atandMmt. a u w taken bv the more mdahle fmamial and wonomic writers largil based on the unprecedented mt and corn crop with w.ilfh a bounteous Fro idtf-- e the count!) The Sal! Iake Clearing House officlftls for the current .tr are President. L. i? Ilflia. Vice Ptesident M S. MGtrnnk. Scrctarv an-L H. Farnworth. Manager, J V, Jhiud. 'Jt , .of the Italv tmrnercstl a Savliivs hank. The annual rim tbm occurs on the second Thurda in Januar), the new manage! taking t barge T F b The Stite Hank of I tab Is to furnish the next manage! C0MPABATIVE STATEMENT OF BANK CLEANINGS IN SALT LAKE CITY FOB FIVE YEABS. The xt-a- id 0 NaiiiPii 1 . CANVASS ittHiVk rtat- that vlunaiiiy Indeed, Oh? UtHkers have eoine in r tin greater part of the blame. They held the purse strings amazingly . h t ght. ami throughmt the vear they lr v lMned money only under heavy, frrnjrirrp flirt lb minimum anunint Th ,u perhiAPA-i-ig- ht .thHe- - a Utude eonaervattam What wmc others cii it is hardly fit lor pubthation They have melted a pankv as they miy ! ,ini, but they have certainly check! th ircuUtAtm of the blood of bnt-- u .g. hampcied going Institutions and or debiyed the estabheh-- m pmvhted nt f Ip? concerns. s result Is apparent Kh ally in the sudden rcation the real estate iharket Pxk from the rosy proiniM of last srring, in the um empleted tmiding town f which the Newhous hotel ovi i rt conspicuous example, and m the -- i an ity of huge building operation in if Uf,l I'l.ioi.K f lUf - 11- lirlutr 1- i a tn: in'.'itanip i. rf 'ii'ur-dn-ii- iMiiin.'ia p f t 1 er atat. thJjti iI befiav. say the luhhc mms edu. ated to. a more of life Insurant e. a U rnnon.il i ter --un4eriorihhg of Its purposes aiul in ihi fat.ry Kt-- Ab-i- it- t- realent Juil'-- Jan.... Feb.... in the. paat no Innfpr eait. and those who do not be Hew- - In thU form ofin'tiram" are now eontpnratlel few The im, proved method-- now- In vogue are the temilU of conditions- - ax noted in more liberal contracts, field supervision' h no 1908. 1909.' 26.034,579.10$ 17.200572.72; 16.250.682.03! 19584,13751 17,689.633.41' 24598,880.62 30.048567.15 18.98Z694.34 1910. March.. April... May June July $ 23.829.475.87 25.627.65054 28.238.013.42 30.706.141.40 27,898.541.01 24.090,30156 2652652757; 30.230568.13' 18,82657254 22,904529.60' 22.757,120.43' S metiKHl lvi-- of t K l engineer. h.i ing L water anin A 1m Auuinson, ep approved An labor-sa- v 1907. go6 3Z161.628.19 $ 29,252,681.70 22,323.73851 22511,90154 19.701.703.37 23,238,964.47 25.67Z643.84 21,523,455.09 25.146596.94 25.697,694.41 f I 21.80Z31t.67 20.304.493.38 31,143.03156 20.897,29257 27,23456550 19.571543.25 24.30946556 25.667.93953 28510.42352' 30.959.599.25 16559530.34 32.840.62853 13581,023.43 20.420-682.2- TtiMxtor in the propora pHiid f..r h 100 r 2 pound f powdfjert whIiiiii) arDtiidtf f.r cadi 00 pound at flour Tts.iv le iicd with the coarseb pwdrti flakv mass from The rtnicrv have a Um the rolbr ! ion t. 20 degrees raturc gr Vnt Th proportion ,,f n il r alkar thembxii li, othr rcagen, ,p headvaried ft; different degrees f the t.nal 'product apd v ntes-sarsriHv a Inti xp rmvnting t get the most atifa4.tor lev u mitlitxiH Exists m Utali t pmiiwN opening 9 feet lng i made in the each end mam, a bra kt i fixed of the opening. brokets oarse of screw a two mils and ergine is so piUh. and a vtrd mounted on the rails that its shaft is central in the tube A raping knife with four tuners is pushed along as l. the atrew la turiud by a The engine rotates the knife g it Ip the apparatus in fed into the long lengths resembling a boring As much as 200 yards on each side of the hole nva. be cleaned, and thlsr at the rate of about 300 .ards a the 4 Citv. Hingiuiiui and Jli four t where of : funic are budding Ug rw- Uu:- h award coneuuent ly u.su4 and ti than m Jdah" Idaho ftska are more inrglv ot wuolen construction, and in addition to thu we find the t jireire hazard in the northern part oi th state w Th severe forest fires which In northern Jdn.no this year did t of damage, burning parts , I.ffWral towns an i it is doubtful ear g m ral xpcriencu of it Vu wrll show any nre 'tr.vtinit.ie u ibai Mate s ir:it H un I da no and Itah. however. In. ciDHiMti witn the rst f the country, are nnpi .,ng thir nif hazard from vear t Vear i) mean, of better n i buiidirig and iiuprov vvatet and ed 4;tv i:r Jparuen.s in r material seduction aupplps rates of a tiumbvr of iwiik in both stales have been niadt jn the pant ca in recognitmn of th improved cotuli-tion- a m those town. The average annual per capita fire loss in the Inited State Is Jibout $J as citipared with an average European loss of about Jii t etitR The dtf frence is due to the careless buildand maintenance of ing iu gencrailv found Jn our coun' trv The anoug, inxuraQce companie underwriter' and organization conntantly throughout the countv ar los to by means rduethe ugg stion working to itf ifiMpet turns and best mean propertv owners as to the Hueh imrlaka of improving provements, when male, are prompt? is recognizer! by reduced rate Tm great a proportion of the firea occurring In Sait iake tity are directly attributable to defeitive electric wiring Thb Is due to the fact that there are no cits regulations governing wira result contractors are forced ing to bid. in many caes. on the cheapest kind of a Job that can be done. As a result poor materials aud careare encourage less workmanship This eoncnHon should nn be- - allowed cltv of any everv to exist PnwtUallv sUe in the Ended States has rroper regulations for electric wiring, but in this respect Salt Lake is far behind Other cities A good elettrhal ordinance Is now in the hands of the municipal laws committee and it is to UrTaoped that that bodv will report it favSrably to the rourn il so that it majomf into force at an carb date oc-r- urr 306.343.17 the ' -t 4 14.395-6555- con- - liiu- gr-a- $1892.213.78 3 t Owin tru tion j buiidinjje. lacs are lower, cxitpi hi mining Kr, ',Ph a. Park. 8 $6,179-359.3- 0 8 I -- 1 405-3845- 24.470.766.45' $ 506547.00 $ 144.30E13 .1,186-800.0- 8 $ 98.237.25 2 475-050.0- i , Other Cash Investments. Resources. 933500.00" 1,803,003.66 601.579.37 597,471.72 1.778.000.00' 148.903.83 93.468.03 649,179.05 25.000.00 3.995.000.00 103.750.30 753.59S.15 470.63245' 105.675.09 442.765.93 805.168.86 142,729.55 405.513.23 38522.20 880499.98 183.915.00 511.198.00 SALT LAKE CLEARINGS FOR THE CURRENT YEAR Life Insurance or-- 1 I . JkS; toward their repregentativ bdi!veFi. the punishment e hotiet ugh usn enterprises ud nistondiPt of ceitmn thr cw ih huge prmccutinn wr i ui'Ml nrd up w h mp td ff tru tr all tiles, combined wdhf trie ame. mt t tpnldttv. f barkers ver where to advance fnpli. no ntut r how worthy the rnteipiKc. been .vMiped as the cause tof the 'j, an 500-000.0- 300-00- 0 Totats.for 1910 Totals tor 1909 Increase of 1910 over 1909 it! Surplus.- - 500,000 $ 225.000.- 03 500.0C9 300.000 1 National Copper Bank liuTtusl of the prent bniKn- -! bv f living by no mean ii higher igt t, the helUs dcapuir withdlie git:U mpl v.iiirh ihe gantP' evimbtmit natill wnuh ontridud mteiitieH and ail tiamitatMti, upMt luKuiitH. the unbibio'd gned and unM.iupul unrrf of tin ee'aggregatiun Mhf skepticism with uhlh ieople rewillmgm.'MS ot gard d theI povor or tiie or gihUturtH to afi.-rproba. ft ekeptk ism h gu from oiqTessdon, tm;i Miham-euutt b eeit,n aurpiising civ hdm, the fhtrust' qn the juirl. nf of up attitude ot the Jteopl. pr.uhe S McCo'nick & Co Walker Bros. Bank Continental National Utah Savings Bank &' Trust Co Utah National Bank Utah Commercial & Savings Merchants State Bank : y i w" Capital -- Trust & Loans and Discount" Undivided Name of Bank. Deseret National Tien s Savings & Trust Co National Bank of the Republic State Bank of Utah: ... .l V. fSerfN'tarj tJ?rg f thi PuA'ifi iiuard ot v F:r t ii itt the foU nt iimmar of .nz 1 u h: u.Hinct, in- - Iiwn nt i et-nde- ISTRbT m-nr- 1( e l,u-:- N. - Itrndrtrerl cotn;eny, th I . Ut- -t !- Outlook ' Fire hand-whee- - K A j f, 2 thr 30565.77954 energetic and Intelligent agents, and a 22.81 28.727.133.03 20520,93059' Z65255 August.. more rigid supervision from the home 24.446.160.62 25.61355858 20,803519.20 Sept offices, due to observance of compreOct hensive laws that of late have been 26,454,159.74- - 30594574.78' 23.950,697.77! da. ' , passed b state legislatures. Nov.... 30.642.491.63 33,282.75651! 28,382519.90 a made has good projection Agents say'1'u.h dible mushrooms of The known Dec... 3Z965.961 .99! 28.965,901.99 30,400500.00 year ago In thvse column I mild-- h start hi of the York Im reused bv five in the regulation New statutory a our stringency, judging pndiftel Jaet vear ar now r ported bv the Totals. $325.727, 252.66!$337572.1 23.42 S257533.974.32 $292,158,323.671 $288,17551458 ndition to be similar to that of 17. business, and the establishment of an state botanist to numbe r 200 species. NirVr. I am n lined to prophecy a miiih Insurance department, mainly through Estimated. tMdtcr fate for the coming year. The the efforts of the Xafe with the go1 immense crop of of tips state, which has association imobtained the therefor, grat I prufs of regular life Insurance writ- - I tlon ofdhe value of a nte Insurance provement noted f late in collections alwavs labored for the betterment. of In Itah lust er. During the jear amount man and n ,'(.p 190 the twi. 1'iah companies wr.ho ten In this country. Jan. 1. 1910. was end bank rlearings, the more general local insurance conditions, the $ 2.51 3.1 25.1 80. to which may be everv woman Men and women In all received mploviru nt of labor which 1 lak to in new business; $1,918,623 insurance of In a flnan-icannot. a stale Inlife department avocations of. added $3.500,oen.oon of industrial still further extended, the encour$20,332 Wax, perform a more worthv act $165,196.39 in premiums; paid hV strict surance. with $10,009,000,000 of fraaging decnase in the cost of certain ensuring general holders and aswment insurance. Jo their dependents, humanity and of the daw This protection for losses and had $'. 424.623 business in ternal si tpUs. ,thrt tendency toward libciality These vast investments are protected themselves, than to carrv a policy f Point. on the part of financial inst.tuthms. arid 40.000.(-0worth of force Jan. 1,Hdfi. Quarter to the extends with as reserves, by legal required by law life insurance, commensurate th widespread Increase of confidence. The other regular icgul reserve in various now existing in Itah, abilitv to do so their Insurance life re of these bulk the me states, to look real. but Induce Intangible being invrsrtqtin luiercdbcar InThe Home- Fire ien the future Uh optimism, in irdta and many millions more to be written companies for the same time wToteLa. reinsurance September next the Home Fire f ing securities. $7,236,273 new business; reArording to collated WONDERS OF possibilities as uh disquieting Tile Insurance laws passed by the 'Vtah IN surance continues to invent it money in the f I'tah, the only to shown w lin iiiTarlff ftmT continued United SCIENCE the is States Company reports, tTtniprlig last legislature have already proven ceived $1,269,477 in oremiums; paid bwln advance of all other nations In niirt prcHcetimgs m reforence to tTah concern writing fire insurance, leading ltah concins During the year losses of $316,910.30 and had of benefit to the community, particuthe amount of life insurance-carrieHowever righteous 'The it has loaned large sum throughout the thirgcs new The beginning of life on an will reach - its 25th anniversary business in fence in Ihe state and Utah has done and is doing her in the elimination of irresponsin h may Ik, they always larly a State on first mortgages, and it is be- been It has 1910. ! while w&tehed of Is vear island Isolated by in helping swell the grand total. eagerly affect business adversely. Neverthesible companies and unscrupulous January 1. 1910. These figure are share one of the principal stockhold- sid now the Selborne naturalists and of the life insurance busialt to companies fire one in less the outlook on the whole Is encourSpeaking hise heavy growthT-ewcyear ness for 1510 Mr. X (J Stringham, agents'. to new been has able the they studv in shF ers wave I th folkiW'uig hading I tali of no large, satishaslx-ea prosoirtheT-oaexpect though aging. flora of a building" sitfiesu The center operating The first annual report of Stale and Indicate that the cltlxenr of our secretary of the Beneficial Life- - Jn mo itv merely a gradual improvement Ziooa jrcantile one to tlie Hinc of I tah factory was in trade and a reasonable margin of The durance of lot disclosed re London. cleared Done about Willard ctmpan ays. Commissioner common-wealt4 not shirk the IkWret National bank, iiis.tttun-n- . Klnce-the- n The life insurance the the vear of two 5 ago. companies During speri'W Items profit Vi ail concerned, laborer, mer-- Interfamffcyeam of special' of protecting their the following t'vnsolidated - hittt. x " n i hu i nrra tike Savina sponsibility Deseret bank, Inited Htates report good progress for of flowering plants and ferns have brant hed out in the adjoining states, ' the year, considering tlie general deilies with sound life insurance established themselves on it. . and and now brings considerable foreign "IhSI trade has followed the gen-rd- P estWagon Ac M.ehlne coinmnyT Thatcher market Backed bv repreaentsttyg jnen of pression in all. business lines. It is mosses, liverworts and other simple cloecly than hereto-- '' "Toipr receipts of the Brdhers lanking cumpanvof Logan, besides cireulat'on. into bxal comhardlv seems new In the for 1910. were The whole country the atate, a new life insurance and businessexpected that as much ear as plants have appeared. Besides plants money lA. State Hank of lta.h, Ogden Savings same situation, modified but slightly by' fmmXpril. will be produced this it In process of organhaitfon distributed by the wind, retaining he?e largt: amounts that form16.902 was received pany 11 of which commonly $68,232 In a! conditions Few concerns .there was during 1909, although subbank, Oregon fjutnber company. Amat-g- a Utah lll hai'e tbpey Jiralbv 1911 the bracken a fern difficult to transerly went to outside inuran-- compan- compamaa in full c stantial gains will be made In soma a pronounced profit the past from fees and $'1,330.11 was received "opfTation. malt'd Sugar iniany. a has now up, Home presenting' write insurance sprung plant ies The the oresent year,-- - hwurance favorable localities y v. and main have hal difficulty in from taxes on premiums. The ex own its etc. new problem for botanists. Locally also it omrany, Sugar Idaho. Wyoming. In ttah, Arizona, The legislatures of a number of nt.ikmg enda meet On the other hand, business has been okI and prospects penses of the department for the am Mam btieej jeglty, where the office teilurea In this section have been sur-states have cpme to realize that for the future are verv brihL" An artificial gum which forms a Washington, Montana-- , t'aliforpia. Colo$7,429.10 thus leaving were 'period tho of the business hjcatw, value! eloik to $100.0010 onsldering (singly infrunt, life insumnee busp" legislation respecting amount The of Cniumbia British and of, with water cold rado, parts paste e highlyTldheslve' for the state, neon transacted In thla country la littlff life insurance, enacted since the great Hebtr J. Grant Sc o are the .genstrain; and th general willlngnesa to substantial net r The announcement of the Home com ta New York insurance investigation of I prepared by J. Kantorwirz. accorderal agent of the Home and ius uflU cruit extensions and to shmv every In addition to the, two local life realized by the public ax latice. bv treating to French his patent ing The I'hristmas of and directors are a follow: rf yr Combeen pS leaal haa carried too far. over leniency h.us worked to hold down the companies, the Beneficial and 200 ISO,', reaulaC.or ahow tlesslt ted ftfCfV" or It a rcb mat eria h sse to a point far below the aver-i- g New hotrs that its surplus to oh'y llcher J Grant president. George Koin-neline) llfa.Coinbatiies panies have been too nruchreairFcted or to the alkali increase LifeAHdJnvcstment. both of reserve fold acid with S This Mis'akH volumes for the basic auin the amount of any kind of con Hills, treasurer: gecretarv. and dome a 3e lttmate holder is over fts assets at Such material as potaxcundness of Mr Imsmess mctholH nnd which have done a laige and satisfacJ Gannon, assistant secretary; tracts they were permitted to Issue and adhesiveness. thorized business In th United States, . -of the preent year. aL flfi mdal condition, and Is a further mixed with water, end . Webber, the is 29 or flour toes rhan. S. directors. busiIn which In organization, not allowed of started freedom since business the hne enough many tory riasorr'to predict a moderately proa-twill be clseto ftffsJ.OOu, and it Butlon, David Ecctes. Joseph "F The methods pf investments of funds. The and then heated as bv passage in other regular life companies operated ness comparatively recently. d M R John over rollers thin laver a ousycar to tome. Lyman, Bameg, pendulum commenced swinging the has no liabilities, atde frm tin rapfta! John Henry smith. -- Klias A Snltth, P so as to convert .the starch flakes other way eartyjfrn 1910, so that from and undivided Uck, profits, S surplus wot Hills and T John C Faros th, !. now on we may look for more moder that can he peeled ofT and ground ate legislation Where laws are needed Hydrochloric acid may be added to except the customary amount heU! as Cutler. TOTAL ASSESSMENT OF PROPERTY. FOR THE7 YEAR OF 1910 for the regulation of the life insurance business, PKt )1F.KTY ASSKbSKf) liY I lit STATt The competition between companies ATIOX BY STATE BOARD OF EQUALIZATION. BOARD OF has had a marked tendency toward PERSONAL PROPERTY AS ASSESSED the writing of more liberal contracts for policy holdersr hi the liberal term that have from time to time been ofMoney. COUNTY. fered the people by way of what has Mcrch.ni4i- Machinery, y SohTtit 4 . become known as the disability clause, Bees l tnl ( rmir C r lit ( net! COUNTY Stock TOTAL I.ie etc in oHeie where the company Fixtvrc- lroKTty Jii.lgment'. agrees to grant liberal concession in the. event of the permanent disable-menof ttye policy holder, the way 45.196.46 1$ 2.275,356.46 seems to have been led by the smaller 678.259 iS 280.311 454.450 j$ 3T,5.50 i$ 451.310 fioaver . . 170 $ 101,075 2.f00 T?eaver . 45,320 ;$ 451.310 81.90 and younger companies During the 10.510.440.55 32.75? 130,389.55 4.684732 i 1.780.935 2.025.303 J 1,256.806 lk-present year, quite a number of larger 479 386.535 408.975 . 1.780.935 1777l4 39718 Boxeldcr 767,934 8.671759.00 1.191.190 added more have these j. 2.112,59( companies 3.8CKJ.S85 I 1,566.585 Cach? . . . 442.350 280.440 i 45577.34 27f.,43't Cache .. . 707,9.10 : 2.790 402.59) 2.112.59) to features liberal 4.967,81,3.34 732.774 and their contracts, I. 1,151,301 661.208 307 ,345 XV.558 Carlxdt . . now practically all companies offer 540 ! . 207.571 TO 1.208 54.780 165.618 f 2,934 229765 Carbon . 5.640.686.00 1788.306 943,850 858.010 i 2.55 0.520 policy holders a great deal, more for Davis I 1.070 178.370 384,070 943.850 Davis 84,59) 3)5.750 2732756.00 ihelr obcould have than been money 548.190 752,815, i 275.206 650.545 Emery . . 53. 176 304.132 l 5,939 41.956 88.f,75 54,312 . 54S.190 tained 10. years ago. 85070.00 5:400 Unicry 2.341 481 H)4 120.190 ( iarftclit 241,055 With reference to local Condition41, 3 j 395.920- -30.595 59 16.000 1.497v340.00 26,515 48f).545 . l).J25 (iartielil 450 952714 335,171 it Is pretty generally, conceded that 78.333 131.072 Grant! . . 22.3' 0 100 5730 335.171 2.184.181.00 37,(30 2m.w I ' 28 2 (irand . t'tah ha one of the most complete -- 208557 621.067 82891 -- 465..V6 And 707 liberal insurance 552.793 y.et laws 65.241 of . 30,342 828791 12103 . . Iron 57.(05 any 4,853702.42 475385 613,8442 948700 of the t$it. Some few amendments 758,765 833.5X) Jtta!) 181.050 j 1.020 262.76s 10.000 313.940 180335 j , . . . 566.583.00 . . . 948700 Juab to the present code, however, are 339.463 108.470 Kane . . 117,426 288 25.350 257.418 5,950 1700 48787 Kane . . needed and these amendments will be 2313.539.00 t 972.304 539,356 207.760 19 594.1 MiUar.l 351 I presented to the nixt legislature. None 26.503 59.175 78.992 02,004 1.479.722.00 539,356 3tT73t .iAw 43.(43 hin ffnml aril, .nt ,'..m.nnlw 179.5Q2 359580 4 -- 60877400Morgan 18.4.40 40 .330 89.152 It. 38.500 179.502 . 17,050 40.920to In do bustnem Utah and Morgan 51710permitted I .175.166. 8L323. 254.158 . . Iinte the commisrioner of Insurance i given 119.932 16.316 00 80.030 175.166 20328, j 1.198.812.00 . '. . Iiutc 265 3.321 1 15.4849 50.335 18.N5 Cich pretty wide direttonvry powers in 1 44.632 385.875 21.995 15.258 76710.581.51 Kich . . . . 560,335 1.609.5P9.51 602.143 13,575 7..V-34the 16.971.004 determining solvency of companie 28.836.050 20,825.531 Salt like 3 787.391 6,082.635 Salt like 5,5263(13.00 3,.W20 3.4407.40 3.353:825 16.971.00 2,250 aonlving for admission to the state. 906,513 1,619,495 980.555 1,978.500 Life insurance now , Snnppte . 204.180 185.800 companies. 712.305 138,520 905,865 533.475.00 2,825 , l)49 495 1,945 Sanjieje 1.(30 to trr4(0,300 50.705 this. opcmtliiR 18.905 Sin Juan n 85 23.845 23.445 22.500 5725 384700 460700 ar 4135 semtlnff out 579,917 pretty rilory. 3 938006 snraUy 455,103 Sivier , , 1.0(y)2XS 7 73.110 a 104.010 mi teamen than re--1 of 127.495 better 506.65 122.9.5 3,769 . 910.199.06 . Sevier 938.906 432.167 . 1314.0X.. 920,623 792,06)0 Sii'r.mit t449.365 preaente.t Ite Insuranre several years t d i.875 120.193 204.274 920.628 140.678 388,603 Summit . 4,647.977.21 527321.00 32,423 . a i. The agent ot today la 1.032,657' 2028.043 555.713 compelled. Tooele 7G2j(8 ' 18.560 4(X) 93.077 70.5tO 23hln5 618.925 16713.410.31 Tox-l. . the not insurance t,032,657 1,972.94131 laws.' by but 108,315 only 3,496.415 Utah ... 475,495 3.069,840 200.404 259.920 2.1 25.092. 1( 459.064 864.100 by his CDinnanv. to sell a life inrarai 9.030 7(3.810 53420 122705.10 2.890,404 Ian 437(0 315725 -8- 9(0,515 toil tract on it merits without Uintah . . 671,373 136.915 545.217 2762 r 4,080 lTintah . ' 0,543 2.534369.00 19.720 966,515 9,9)8 in more either 175,565 ' claiming 84.052 393 ,820 Wasatcfr ' 1,061,212 255 . 70.180 i 100,440 102.335 54.620 , for his policy than the policy states, 940.081.00 556322 Wasatch . . . . 884,052 4,155 8,451 372770 237765 or In depreciating the value of a com317,940 Washington 14 .7(X) I 51025 34.990 372770 1,530 j 226,545 . 367,494.00 43,480 -- Washington - 195029 tn thst be may the policy petitors 63,729 108.136 . .. Wayne. 1,50014.954 239 22,955 11725 18.541392.00 195,629 144356 hands of hi prospect, Wayne 3780749 4.921,528 Weber 6,957722 These icood Insurance laws, together 342331 482784 3780749 3.974 601000 853,949 Weber 1 8675293. 1.4711 j 5 5737.96 $ 1 $371533(3 $6.5 with the attitude of the companlsa Ttiunyio iS62.494.713 8.V)3w:332 TsTl ,947,6 4 $32702.434 $3775939437 Total .vs $11,669,476 $40,516 $11,125718 $6,348716 $5,958,853 $6,812,476 $41,955755 the people themselves, are brlnyln l$172,480,658jl : "Total T50l$39314422 1909IS58.290392 , to a s res ter respect - for the business 1909. for Total $10,983,694 $32317 $10,641,523 $6767716 $4.910761 $6,484311 $39816,422 Assessed by Boan- Uof life Insurance and to fuller realise ReprcVcming thc three auM.visiona under Property ma-chi- t " I'ml-rarite- Home Fire Insurance Co. rea-tio- 1 al Nearing the Century . -- -- tnans-rwirtatl- d, . fin-a- Sn-ie- ty Inbli-tutKtr- at U-- -- L ncr have-show- n 'j Vtah-Idah- pt Re-or- Conti-jient- al 1 y. markuJ-values- Th, -- vi Srnith,3-Franci- steam-heate- I 8 i 5 i 9 'K . ! Efrt-Al.f- Z r I vlhn , 1 r rj a ; c . r I i -- . r I ; - -- 777 ' , ' J 1 ' ! - ln San-Jua- -- da, c 614 , -- . for-191- 0. . t? . ' , s . TTt ' UasOOf1 t and laL. -- , d |