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Show qden s rinancial Outlook For 1922 Considered Bright " with which they face tb coming sea- on, confident that 1MI will be on of Ogden's beat year from every standpoint. X 4 ' F Utah Flour Mill . ' ; Offers Contrast Study Strength of tho financial situation and of lta eight, banking BY W. K. KUFPAN. ' houses haa been reflected in the genConstructed lit 1151, the first flour eral bunlneae condition of that city mill of Utah stands In marked con- - , Where trading haa been practically tfsst with the tremendous structures normal throughout the year, aa far aa ere now being erected In the stale ! by various milling corporations. The . retail and wholesale buaineaa la con- -' old corned, where every industry haa mon"plant, pioneer among the 'Morindustries City, continued to operate, though eome was constructed of 'Salt LakeYoung reduced their output while other inand Isaac Chase, TheBrigham latter owning the greet property that la now Salt creased. City s largest park. Not far Lata in November, a survey of tha Lake from the center of this park Is the showed mill, carefully preserved, while general banking situation house, that at Its side are the huge stones with eight financial that these of Ogwheat flour was .here been thehadbackbone rourc-efor the a which men, the women nndground aKgregalo business the children t den's who trekked their way .across of 1SMOO.OO, of which 15,0. plains, and . mountains and deserts from Nauvoo, Oil was deposits and profI1L, In the late forties, and thereafter canHal. surplus At the same time, nntn railroads entered Utah. it, ot the banka showed that the Ogden Chase was one of the Bret- - year this review so tha farmers, assisted M banka bad he came to Utah livestock raisers and business InterWhen he camn. there was a ests of tho Ogden district a that the designation of land s tho first . mttler Each famllywaa given loans and discounts showednewdecrease money for for tho fall months with a h for homeslte. and a , rive-ar- e tract moving Into the city - to supplement farther out. deposited-The parcel offarming T.A already ground givenmillion dollars deposited with Chan was that now Included hi Libto Ogdeh banks for tho sugar beet paycoming the enlarged amountsanise i ments livestock had , and grain from up a major section oTStoTta considerable to do with tbo Increase of them totals during tho Into foil andhtafMlIy llvod attheU"foror with a corresponding betterm in what to now Indore Lake's business dittrict, bat theySalt ment for local financial conditions pre seeded The eight banka of Ogden are the farm land. At tb asm time. Chans embarked Ogden State bank. First National that manufacturing indust rise,in Utahs bank, Utah National bank. National ho ' Nn-ut saw mill and. nUllalng for Bank1 of Commerce, Commercial water the bank, Ogden Savings bank, . bring near by, bo secured ' ' Security state bank and tbo Guaranty Trust company, the latter having muipMit to drm iMo Brill.Oroagk a waa boss Organised during the past year. It this first winter, whoa With the exception, bf the tatter, them t taan anddaring MM 'Mormons" were cabanka are associated In the Ogden rnage mi hunger from hand-la- d has which Clearing association, h and bis associates , many of the larger and more diftha Importance of tbo flour ficult problems 'during the pent He quiokty ereoted a rough twelve months Mast for tho grinding of corn. Then ; rs Aid For Idaho Men. Young, leader of tho r and president of tha 3 not as these, bankers led In the latter-da- y Church, beenm a loan campaign and In other Partner withSaints liberty Chars la the building ot war-tim- e activities .they led also in the one that la now tha mill, larger -' - the peace-tim- e Indlreadjustments This was planned for the tbo standing.of white vidually they assisted many offarsnmaking flour, -' business men, stock growers and The large buhrstoneq were mads In era 14 solving their problems and Utah, but the Iron with which they then, .collectively, took on the larger tasks.!. One ot them affected a large ' were bound and all other metal equip ment for the plant was brought by ox dlatrlot In Idaho, when the Twin Falla across the rf from th hast growers found they could not teams river. the supports aro It 1plains bn financed, for their crop girowing by frequently related gnd that show th wear of Marly of this part heavy material was which hardly the banks if that district. Through brought to Tbo timbers aro mortised Utah a years by an the Ogden clearing house arrangegirl, that she feared to fore the oxen into and held together with wooden pine, ment,, was made by which Ogden-bana swollen stream and that, as ah boles bored from and have two-inc-h took pro Fata portions ot loana to she- - beard a lud, neb log end to end, hesitated, provost dry rot- -i la this district extending the aid sound ' and a bellowing of cattle. Chase also built another pioneer Innecessary and now repayments are to Turning around, which made this dustry according being eoatpares strangely with safest are) delivered. story, she sow that a herd of cattle the modern bakeries, for ho constructAnother Instance was when finanhad stampeded and were rushing toed a Dutch oven that had a capacity cial trouble Involved the Hooper beet her. When the other people at or ft loaves of broad at a baking. At with tha ward anger factory. the same emigrant train reached receiver named tor the company opher, tbo time of "the grasshopper war." found adthey that, through soma mirawhen th "Mormons" were living on erating this plant, the bankers cle which they ascribed to tha hand vanced enough money to bring about thistles and sago 11 ty roots, Mr, and of God," the cattle had Mrs. Chase supplied tho capacity of its operation and tha use of the beets side of her, but the ox to tb hungry who th oven every raised in the Hooper district. The carried acroae the strealm safely in the applied. That day waa about four years Amalgamated Sugar company's situ. , was stampede, after the mill, started opeMttann. ation eased also by the provision of money through the Ogden , Th mill building is of large adobes, I'sople stricken la th famine oame to banks, as suggested by the clearing bouse. Livestock men have been aided ms- of tsrlally through tho the Ogden banks with others of Utah $ and Idaho In the forming of a loan company and more recently of Joln- In the War Finance Corporation while wheat raisers have found 1 the same financial heads giving them i i Sd i aM by loans on warehouse receipts. t i la the readjustment of business the aom of of Ogthe larger refinancing den manufacturing establishments . has been a necessity. In every move this kind, the Ogden bankers have ft entered wholeheartedly nnd with results Where there have ,, been fears that some Industry might not successfully pass through this been period, they have his to provide or suggest the proper methods and means , ' 1 Bankers Able Men, A list of the officers and directors Of the Ogden bonks would provide a directory of the best known and most well-know- n Influential - financial and Industrial " leaders of the Ogden district, Some t the men heading the banks and on ft those directorates have reputations that are more than statewide, at least One of them haa aa International rep- 4 t" Station and a numberrar known throughout th nation. Because of their personal inter- n and study of Ogden's many ini dustries, they have understood the , Modems th Ogden district facing and much surrounding territory during th year of readjustment. Not only have they understood th probations but tncy hava found the ways to them. That have solved jslvs them well Is shown they by the Increasing-. Malness In the Ogden district, th InTeased bank deposits of this fall, the nqnldatlon of paper." th continued,. of th Ufaratlon manufacturing the bnllding activity which nWtmarked Ms as on of Ogth year den's best and th pleasing optimism In Ogden ht -- ta f.,J c" JST ". Vt -- ftor-Pionee- Mis-son- tha min bagging far bread, aa utilising tha bran, tha shorts i flour. Chaos would taka th sweepings and giro them to thorn who had not secured flour in tho first This Dutch oven .now ttand doling. In th residence of th park Superintendent. , ka , I These pioneer factories aro seen by tourists visiting Salt many of th Lake City, and are naturally contrast- d with th gigantic mills nnd elevators that have bson built and ore boing constructed by tbs Globe Grain A Sperry Flour Milling company, th Co- - the Albers Brea Milling Co., th Holley Milling company, th HosierMilling company, and other corporations that aro making Utah wall known aq a modern milling state--. " t 1 i 1 Asli Your Dealer For -- , MillMM: Or 5 i V- MMD) r OLYXAMP Mountain Brand Meats Or nil Other r M -- HAMS BACON AND SAUSAGE at-i- " A Ogden Packing & Provision Co.; -- Aah ' r. 1 4 F 1 p |
