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Show ...,.. - l . , . . , , ' 4 . - - .... . , '. - - - 1 .; - I. ., 7, , ., i .. :: - '' . . So , L.: - '' 0 I . . -. ., ' - . , - - t I, . - t . - . . , , - .., , , , , 'o. ' ' - . -- , '' ' , - - , .. - di , -- -- - - - '.- 3 ' '1r , .41,,Alk. , ' , ' - Au badness, men, including farmers, frequently have need of ' credit How We can be secured, when it is safe to borrow, what underlie successful prime-ple-a borrowing. and how credit rating can be establishectle advance of needs ere et vivid concern to both the lender and the borrow- ' ' er. ',. Neither the banker nor the farmer- can delve too deeply into technical features of -the other's business, but a good,general. undersumding on the to be depart of both is greatly sired. Bankers need to be inform., ed on what are pate farm loans,. This takes time. alertness. and ability to see future develop, ments. 1 . ' I ' ' ' ' . , : , ' , , depending on insight into eund Farmers problems. and needs.. need to be informed on what is sound banking Kartm.1111s will help in making better use of It will banking privileges. emphasize the heed of meeting obligations promptly. Both the farmer end the banker call be mutually helpful by freely and inerits frankly discussing the and dangers in the use to be made of the proposed loan. It would seem quite certain that agriculture must continue to rep, oh the agriculturally mantled. commercial banks for A large portion of their short-tercredit needs. Banks lead in helping meet to build credit rating. Credit has been defined as financial trust- - i , deka- - ' - ' , ed. Izens for imresting in, note. profit 'producing enterprises ars isaattancechoiteolasset.hia felwiliaehichnielashouldt, .considared unsafe fitumang. An anellrant for farm- credit nare,,,este,lie" be developed before, it is needed,. .,.,,,..te the, bloom. ..is safe t2.no should be in a position to' show Many fail because they do Awl riii7consumption credit is the avdit statement know its value or know how to second type. which amootimeor is aside banker his briefly outline, his, farming use,, it called destrurtive. Batumi are the for coming year.. prtwram 'Credit does not always Insure not suffkient to pay,. the prin- yaoth the merits and lite risks Success. It ta a Powerful agent. and interest from this type cipal conmeted with the proposed loan but so is alynamite. Plenty of .of credit. One should use care should be frankly. discussed with-reedit it likete to mean Pleat; in borrowing and know definite--Alily banker. that a day of reckoning must otwork and worry. At best. farm.' The applicant for credit' must a has a cane. is businessuf The who hazards. and farmer nig understand that the loan. comunless credit ta used wisely it decreasing acre yield or income mittee of a bank analyzes his a per acre cannot expect the same - maV be a damage. or even farm loan., curse. Farm credit. when grant, ,credit rating as the farmer rate. This is the time of the year acre be the should used or amotml twice $o el accepted. per tog a farmer should give considers. RS 10 help get the farnmer out that he does. or who is on an I tion to closing his farm accoums ' if he has kept them, and if be debt increasing acre yield income. has not kept farm records ha Loans to buy an automobile There are two types of credit; I so or fine i should eertairdy expect or plan production credit. which-Apurely for pleasure I handled that the investment in. t clothes for social standing. are definitely to begin a farm ao. creases in value. If soid..it pays 3 risky and sbouki he discourag I count book with the new year. s the .. ,; . l 1! , ! ; : , , : ;' , a , , .. ,, 1 , y' ' - Jii.'j4d1:-.ant- the ,Interese and , leaves a. profit. investing 2100.00 ittfistry cows. which adds li125.00 worthiness. which entitles one to the confidence and financial- I , : . , or "no" may be unsound.. ' . , 17, ,1933 Private Firms Aid . - ' . . BIE C. . - DECEZEll', SXTURDAY, , C operation ,Between Bankers srorr 'les" . , - . - 1 , " CITY .. - . , - ' 0,-- , - . ' '.., ,,. ,, - moo- - - LAM SALT' THE CMIST1AAS7 NEWS, - , , ,.. ,',.. , , . , ,, TT' N L" . , , ..--- , .. ' ' - . . : . ., . I . ; I i , ,... , . 1 , , ' ' - - . - - ,,, - - - , - - - - i- 40 '' ' . Aare --! - '23zz Rtg, nr7 Av.4-- - " , c 4 e. ' - MaK ''-- , : Nircwrii ' Lroic ASID gag lex lit! 1 6 , I 1 1 I . .ad , ) Frontier 4 OmimilmIP hardships onm.,,aMO and the Pacific Coast. s!,, ' Institutions Turn Efforts To Tills, Field ., - - --- - - -- -- , 41,-- ; - , - - - ,.,, -- years or less. The interest on a basis is 51,i per cent, in- , chiding the mortgage insurance premium. In other words you must pay a minimum of SS. 90 cents per month for each SIA)(ai . borrowed. Since you borrowed S3210 83.000 less the 10 per mot downpayment of $300). you !titbit repay a minimum of $19.38 a month on this loan and intert. "Your S3.000 home should be assessed for taxation purposes at about a1.S00. With the average . property per cent. -- Probably - , never In-you- would- havto pay- another S170 or a about SU a American history has ao much to $b0 year month in taxes. making the total official' end unofficial attention for principal, interest and (axes rbeetettivere tothe great low-ir- e Fire to. t about $413.38 a month. come class and the home-bui- ld; r seree,, vraier ta ms alai pwrvp a year would a dollars few add ing efforts of its members. With the Federal Hoining Ad- - 1 Building permits and ttatiatice ministration pointing the way, kept by the Salt Lake Real Estate Board and the Federal nous. private financial institutions on a wholessie scale have turned their ing Administration show trist hundreds of Utahns with relativespecial efforts to this field. ly low incomes are taking thesebanks-and Supported by - building and loan assoctions.opporttmities. The number .1. of tomes built and sold financiers and builders have been next wear will break all existing and 'still ere:leaking the clidm: record& representatives of these 'you min own your own home as agencies believe. one reality firm has initiated cheaply as you can rent." And a Iowa:oat It appears that these claims men' along Arapahoe Avenue in are true. probably the southwest portion of town Hundreds of lewrost houses and others likely will be limier, -- -- vile ,,., " of ....LA.- .- . istrafion too are making the small home attractive, efficient. livable and durable. Minimum construction latandards are set by the FHA and they must be met if the loan is to be insured. These standards apply to design. In the plan and construction. past many of these factors have been woefully neglected. in fact. as built today under FHA the small home is considered one of the soundest of all Investments, from the viewpoint Banker and the home owner. More than ever before are being made coin- homes small pantile with the family's needs. Now. it can be truthfully said that nearly every wage earner can afford a "house" that will come nearer to being a 'home" L. - than ever before.111 history. The first sharr wavetrana mifter wesrd the Mississippi. being established by the General Electric Company at Belmont. California. will soon broadcast programs of the 1039 Golden Gate International Elposition directly to the Orient. ' .: - , , ,,.. - , a 1879 , , ' susvp- . ' " '':'' '' - TI::2E11 CO. , ! - 18 9 ci ' : I have-bee- mi I 1 teems wader ita own power. , eacceadul. , ----"- - '' - Stocks, Bonds and Commodities l- - ' ' - : ' it will do. 1'. Choose the type of house you want to buy or build and then go tobank, buildimt 'and ' loan association or some ether and put finencisd institution up to them. your will be able tO tporrow 3. 90 per cent of the value of your 7 lot and hollow. when fintshed. pro - - Tided the FHA approves the plan and the loans. 4. You or your lending aeny then asks for an FHA -"commit-Anen- t to insure the losts.--"ft You bey or build the house. 23 Years to Pay under You 'al be rvpilred - this plan to repay the lo:10 in 25 - - - :, . , - - , . .. . , . . - nowt- - , ' tj STOCKS, - LIT 11 6T &T,,11:0:1.7.-2.13,,- l' ''COMMODITIES -- ,',: 1,4 udi,,, , - nat4i., - he mad Italie, creating large sew industry. .. - LkIZ IIALT - r's . . , , , . . - - , ,.,,.,.. - f , 4. 18 9 9 - lama approaches Cempar mama, at Irritant - ; - i 4 33.000.- opwatioas i Binglem l - .. . ' - ..el-,e- - - - , , 4 t,,,i J 1TP It 4 !l( a, 4, -- L r: . M. -- ., .i ., - ti. ' '''. .T,..:,,,,,,,,,, 1 , I 1 1 A otatiesel fiettracial aide cultninating la the creeties, ot the Federal Reserve Sr stem Welker Bank erects its bestallul neer buildies I I : I : 1 The World scars all 4WIle the globe War-leave- ., ; I s i ; i . k t ,i 4 1 ' ,e0' ,, 111' :, :: : r1V . 1 1 k 2i,'y it I i I - t Kt 1 "'W Asoll I 11 l' ,I ligfieeno'i ,,,i., 1 ,:!.. 1929'1 i o..,)., ,, I , 1 , , 4 i DUI I i , ' i 1.939a BONDS- .- .--- ".. --"- -- ;,; , !, : ;., '. , -- , . -- .11 ISTV , 4- ' ,' .r,, ' ,,, CIT-T- essweews camerae ''- - - - ; . hardiest'smi... Racootty is gradual, A period of is..: mon scastialie ritatiorch,;, .i creating new product& Faun, ; ditties,- of new pron. , - ' peeler hoist noes slid faith fattatop;, . . , lhe , . - Itraticlwitio demotion beings DAr,l, I. . .. SALT-LAK- E ; - ' - . - 1 , : ., ,,....,..,,,,,,,,,,... , , . . . - - ' , . - . , .,. ' ,., , , ,11 9 1909 - ,...N. , f , - ""2;t---.44,4-- '; t.") ''''''il' - Restnaves More Than $29,000,000 . ---- STOCIII-.LICEAJOG- ... -- 1 r-.-1 . .. , ;:-- ; - -- portant 1 viLLEIEr . - ' 41 0111MILIS --- --- - . oPerh-l000ki- limns fitehe.-e- er blisised-.-t- , , Lamest m potence and bun,. nom Yett Utah marches am bocansing a nest it 1896. Sak Lahr CA", gets la twat attphsklarrad acreetpopm. the experience of successful management. sold salaam ideas-- - the-- lino, Lindbergh's. - on a commission basis. , , rArZo - - r Oil Rattaparstian ,' . 1929 ; ., 18 8 9 , - t - - - , os ,, - ,....... - , . . 1919 k , . , - 1 ..--- people a complete modern banking service based on the strength, of our resources and , fir, - .. , . . - - , execated in every market - . ' - - ' .- - - - - ..r- aft..... Orders In. - - or....w.ows,- - 11-51!..7.. 4,...,...., - , :-- . s o if worthy enterprises through the application of sound banking principles. Entering our ninth decade we offer to forwardeloolcing N '... ', '.40AN, ;i: ,000:. part. It has been our privilege to cooperate with indi. viduals and businesses in the financing of 1 - ! , , ,Omma v, ... closely interwoven. In the n Bank has I - .?Z .111100, 1.. - Europe prove - , .4.... growth of this region from a frontierland to its present position as a richly productive area. of diversified resources, Walker 19 0 9 The lone ancomelid airplane. Fifa wireless- messages to -- ,0,,,,,,,,Mrnotevt., 4,. if 1 'VW A period ad owzbaokal the harmless welopment and an citstamow. appears. crown the coew Ties and Mining Timber! ro 1 , , Through years the history of Walker Bank and the history of the West - 9- . , four-sco- re ..."Enb ..0.-- t - - ,....' ICI - i st, ,.. - , ......,-1-.6.... t' , x A , C:1EAT 1 ,' nation recovering from the widespread effects of th Civil War,, , 1 -- - .'. I . reand for low.eost homes. other parts of Utah diwtng the During the depmsion' years, LAI1Etwo last years. and yet observers home building in Salt Lake arAl 1' believe that the effective demand elsewhere tbroughout Utah was dote Famaies has been hardly scratched. The, far belownonnaL -- bled up. marriages were ,postpcole-- , ecInhig, year shwIld 'willies! the ed and many young married ein I grealuit building activity. bair' pleat went bark to live with, Creosote Treated In. small ,homes, in their parents. With business and, tictdarlyLodgepole.,Pine litah's history. employment improving, r:Aowfvvr, , No Siam Problem an attual shortage oi dwellings Poles! liti tse i f ta,11:1g a tkmwr H 11 I Neither Salt Lake nor any oth., that probably. will be sustainet : er Beehive State city has a slum Railroad for several' -veers to come. problem.' within the usual meanOther- litibeivisio... as ?', ing of the term. but the new I The current building "boom, will FHA housing program be fUt the answer of their own or a bet, I let" has launched several other I III ww.s ter or more comfortable place in new subdivision programa, ..tt, , lowsequerrsd ' which to live. CUT bummers Pork .. present one is going turward on ligirtrey rod Nebo. , Salt Lakes north bench above If you make SSO to 9150 per Is Month on a job that is stead,' Eleventh Avenue: another jI LAKE TIMBER GREAT souththe momentum in and haa a fair chance of some gaining east. between Redondo Avenue COMPANY permanence. you can have that dream house and without too and Twenty.firat South Street.. PALL can vrAlk sacrifices.. two other major developHere's how. ' mairst figure out how much you and ,iss are ments. making headway can afford to pay per month for a house. keeping in mind it's a ', I I: I good kiea not to pay out more 11 . I I I . than onefOurtly of, your Income I ' MUTATE -. a m & Al e ro v e i & s CO. n L. A., f tr i t r IBM for a home. Let's suppose you, v make 9100 a month and you fit ure you can pay 925 a month for You 0- place in whien to live. l can build or buy a house whion, , costs about $3,600 and here are . take: the steps you L Save or otherwise get hold ' ,;,of 10 per cent of the proposed 1 house's value. L ts. $aoa, This bt ., e the minimum dovrnpayment plowed under PH& Don't borrow it. but if you have s tract of land ' that an appiaise at that figurw and you plan to build on it.. then . - N:, ; - , ' : , - , s. s , i - h , de- - ,s , tritostootinental first , , 0,, 1 'taidlerilligrapatin ! 0YEAR ' .."''' moreoftw in the Wein. Salt Lake Gry's population growing to op pros lomat el y 20,000. The ) - ..."'"". The , ., J'IL:!!;':7' , 1939 -- - ..., , , -- - -- -v , : l' 1869- - 1879 , , ,, , Al , (C:101) , . , 1: i s. . - A period id motioaoLgrowlbs with the population- - of Utah increasing to 210,000. Utait's mineral resource entaillS00111 beginning to be discovered and developed. Fanning. stock-raisiand cosemsece expanding in this legions, ' 1.:In:...,.',.,',,,i.'. :' 3.7.,i- . A . CC) e i a c ) 3 m ark ui 1I'' atilliP 4vc. 1889 - ( - .. . to, t,, lis , Pail- ' were low-co- .. - , r'le Heir. -- .bow.m..,... P. ' '' .. Golf Course. Stetheivitt.iedeseraanid tiroi gusidingstaAnddma e l' - , Nib the east side. one around upper Yale and l'alecrest and the other around the entrance to llonne- ' .' 1''....: - - 11LAII Home Financing dr49 1859 ( ,, ' , vie L ing over the Mormon trail. four ytemg Walker bro. Thelma establishing one of the banks e tweet t Missouri,i .., ,.. ' - the Lake toil. t7..1. , P200x.. in Coveredleulement'wsgtitis u LI. - - , 118591869 ' 1JIS . ' - A Ili nl n 00P , 'r- " 111 , ''' T. XM , , 1 1.A;.......,' . - a .. n 111.. C HALL, '!: I a Ja fl-f-e - ,a t 1111110,!!, r. b - !Pk! 'tf , ., t 4! ,0" , - A i'': - 5. , ) ,)h,, , w ,' ' : A ,V-.- 11 ft) . , . ft 1 - Pelt. of ' d ' ' ' 1111111111111 - , , ., " - ; ' - s , Private financial institutions have turned their attention to small home financing, and as a result many houses such as this one been have built throughout.' the , United States. Thil house contains aliving room, two bedrooms, kitchen, breakfast nook and bath.- - There is a screened porch and built-i- n cabinets in the kitchen. The house has ample closet space and the bedrooms have cross ventilation. The house, which cost $2,000, is built on a $500 lot. Monthly payments, including taxes, service interest, charges and amortization of the principal, amount to $20.88 a month- .- - - . , -- . . . - |