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Show Tuesday, July 20, 1954 THE DRAGERTON TRIBUNE ized to a high degree, subjected to REVIVAL new and frightening problems piled on top of all its old problems. But the coal industry, looking at it from the point of view of our strength and'security as a nation, is not expendable. Quoting the Press once more, We are told that . the industry has a secure place in the future. It is indispensable to the drug industry, as it is aslo to the making of steel. Sometime in the future, it will provide synthetic gasoline and On July 18, Rev. and Mrs. Parkerson serv- began nightly ices at the old Greek Orthgdox Church in Prayer Sunnyside. will be offered for the sick. Rev. and Mrs. Parkerson sing and preach the old time gospel, that everyone will enjoy. Come and be with us each eve- oil. g The problem, in ning, starting at 7 :45. to is other maintin coals words, Revival fires are vigor so that it will be equipped burning'. lo meet a vast future need. That Reverend and Mrs. Tate, Pastor or the Penecostal chijrch extend means it must keep existing maryou a cordial welcome. kets and find new ones and earn a reasonable profit in the proce.s. over-ridin- Factory Method NEW LIGHTNING GRIP DESIGN 15,000 MILES GUARANTEE All Work Fully Guaranteed Price Tire and Rubber Co. 17 N. 1 West State No. far-sight- ed The Pittsburgh Press recently devoted a long lead editorial to uie current crisis in the soft coal industry. And it made the point t.idl this crisis is lar from just being the concern of the indus- it. try's owners and operators and It is of concern to employes. everyone. The Press described what has happened. The huge demands of the war brought large numbers of marginal mines into existence, and when that demand slackened many of those mines had to close. More important, competition from ot.ier fuels has cut deep into some of coa 's historic markets. The to quote directly, is that we have a basic industry, saddled with high labor costs and mechan- - mmr teen struct eouxboj oskey, 86 proof ft bum DimiUKS CR. CLERMONT, KENTUCKY re-,u- it, Price 97 Report of Condition of - And that, in turn, demands inaction by the telligent, consume who coal, by the people miners who produce it, by the industrys managers, and by those who are responsible for laws and governmental policies that affect Everybodys Problem RECAPPING Reserve District No. 12 CARBON EMERY BANK of Price, Utah at the close of business June 30, 1954, a State bahking institution organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published in accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District. Cash, balance with other banks, including reserve balance, and cash items in process of collection $2,147,337.60 United States Government obligations, direct and guar- anteed ., of subdivisions States and Obligations political Corporate stocks (including $12,000.00 stock of Federal Reserve bank) Loans and discounts (including $648.46 overdrafts) Bank premises owned $90,274.90, furniture and fixtures 4,143,913.80 33,000.00 12,000.00 2,466,841.41 $20,000.00 110,274.90 6,000.00 Real estate owned other than bank premises TOTAL ASSETS $8,919,367.71 LIABILITIES Demand deposits of individuals, partnerships, and cor$3,729,992.80 porations Time deposits of individuals, partnerships, and corpor- V ations 3,030,004.79 Deposits of United States Government (including postal 98,145.30 savings) 1,580. 403.50 Deposits of States and political subdivisions Other deposits (certified and officers checks, etc.) 46,147.83 TJ TOCO in our TOTAL CAPITAL ACCOUNTS motor-fue- h and lubricants l n Utoco HD-Motor Oil, history. And with its remarkable new additives that fight engine-ruininacids and engine-cloggin- g sludge, can actually add miles to engine life. 45-ye- ar new-actio- M g CAPITAL ACCOUNTS $ top-notc- your car needs, and give you the service, which you appreciate. You just cant, buy a better gasoline than Utoco its the finest TOTAL DEPOSITS $8,484,694.22 TOTAL LIABILITIES (not including subordinated $8,484,694.22 obligations shown below) Capital Surplus Undivided profits dealers have the 200,000.00 200,000.00 34,673.49 Over the years, motorists have learned to expect more from Utoco . . . and they get it. They get conscientious, interested, and $ 434,673.49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS.. .$8, 919, 367.71 This banks capital consist of: Common stock with total par value of $200,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for windshield, and competent service, including cleaning of the i checking of tires, oil, water and battery. Indeed, there is no Loans as shown above are after deduction of reserve of.... 45,558.18 I, Earl F. Hills, Cashier, of the above-nambank, hereby certify that the above statement is true to the 'best of my knowledge and be- charge for elbow grease at the Utoco sign. And especially appreciated are those clean White Torch rest rooms. other purposes $ 204,000.00 ed lief. fV EARL F. HILLS, Correct Attest : For superior products and finer car care Lets Go . . . with UTOCO! J. W. HAMMOND, JR., A. D. KELLER, T. N. JENSEN, Directors. STATE OF UTAH Office of the Bank Commissioner I, Louis S. Leatham, Bank Commissioner of the State of Utah, do L, ..hereby..,certifyN that the foregoing is a true and correct copy of the staterftent'of the above named company, filed in my office on July 12, 1954. rrom (utoco) andget it! W LOUIS S. LEATHAM 4 Bank Commissioner State of Utah, County of Carbon, ss: Sworn to and subscribed before me this 8th day of July, (SEAL) r LARUS H. DAVIS, , ' Notary Public UTAH OIL RKFINING CO. 1954. (0. trod Mart. Mot lupply 45th Ytor Company A Snri |