| Show STATE BANKS LOANS DECLINE OVER barks banks of utah continued to decrease crease loans and build up their reserves during the past chuo quarter arter it Is shown shoun in the consolidated statement ot of 81 state banks made public thursday by state rank commissioner W 11 II hadlock Hadl ocl loans were reduced moio moie than as compared with toe same period last year nod and secondary reserves were lac more than cash la iti banks was I 1 ceased more than liau 2 evi deava that the banks are making their con divan much sar salar than ever before total resources tell fell off during tho the period more vital As explained by mr hadlock this was duo to the failure of four our banks and the withdrawal of deposits subject to check this decrease was from in 1930 as compared with this year while deposits subject tu check decreased time certificates and savings deposits increased more than bills payable and reds counts were reduced by more than total resources at the close of bustness business march 25 were as compared with for the same period last year J loans and discounts amounted to in 1931 and in 1930 stocks bonds and securities jumped from in 1930 to in deseret news |
