Show FAITH UNSHAKEN IN BANKS OF UTAH I- I S. 1 Consolidated Statement of Fi Financial Financial Fi- Fi Institutions Shows Unusual Conditions SAVINGS DEPOSITS GROW Increase Since Last September In Spite of Flurry Flury More Than S 1 Utah has l passed S through rOUgh tho financial finan finan- cial cal stringency with wih Hying colors colors Conf Confidence euce In lit the banks s of the tho state is as us solid sol as os It was before that fateful fateful fate fate- ful UI da day last October when Wall Yal street rocked on lib Its Is foundation and financial institutions all al o over cr the time country countr tottered tot tot- toyed in Iu sympathy A consul consolidated atel bank statement was wasI of State C. C C S S. I uell by b Secretary TIIS' TIIS Y yesterday ar This statement shows the cun condition lon of ot 52 62 state anc and three private banks In Utah The rite latest statement shows the tho condition of ot t the ho o banks up to the closing hour February S 8 S. S 1908 The secretary of state has computed that statement with the report on December y J li 07 an and The Republican hAS hns ad added c the statement showing the tho condition ol or orthe the banks at the tho th coso of business September 0 I 1907 rite Tho Three DuC Comparisons These three statements s show v the tho condition of or the banks before the financial flurry furry of last fall fail fal during the Hurry nUrl and after the scare h had pase passed The rue statement Is as follows Feb FeL Loans and amid discounts 2151 Overdrafts C I fonda Donds stocks s. s etc ote 31 Banking house furniture and fixtures fix fix- tures tur's and real st estate to 10 I IDue Due from banks and bankers CG GG G Cash Cash tom on hand aid 31 All Al other resources 1 l Total 35 i Capital stock 5 sC Surplus fund p c Undivided profits 5 5 Due to banki and an bankers bankens 21 H Individual deposits nS HSe Sa Savings Ings deposits ls 1 H HAU All AU other liabilities V. i.- 13 Total 31 Continue in iii Bunks Banks This Title statement does not nol Include e the I national banks anks of or the state a and d n necessarily e- e I removes from lom discussion lon the large largo de deposits and hen heavy volume of ot i business of or the banking Institutions that are arc controlled b by the federal I government At the same saute tune time the consolidated haul bank statement shown here Indicates that the time small smal depositor or the average average aver aver- age ago citizen has unfailing confidence In in th the o 0 the banking 44 ri fn ji ni n The rue statement shows sho's that last September September Sep Sep- there were In l Individual ual In the 55 5 banks anies re- re poite I In ih December thIs had Hall fallen falen 0 oft off t- t two millions and In February an anu u added ded loss Jos of three millions Is shown This does not hot mean that thal individual indi depositors have withdrawn their de- de because b use oC an fin financial but rather rathel In Indicates that the money was ivas drawn out to t meet the he needs of a winter In which thousands thousands thousands thou thou- sands were out of ot work when farmers need money mono and the miners and busi- busi business business ness men must draw upon their supply sup sup- ply pt of cash In the banks to tide them over r o Into Inlo the summer when active again building an and bu buying operations begin Savings j Deposits is Grow As sS a further evidence evidence- that public Is 11 not shaken cn the consolidated consolidated consoli consoli- dated statement shows that last September September September Sep Sep- there were In savings car sav s ings deposits In the banks bunks This has grown rown until at tho the end of or the he winter titer were more than The only loss as shown by the figures figures fig fig- fg- fg i Is In the Individual ures deposits The rue banks have more moie mort money on hand han have caled called In more moie loans an arid and all al seem to tobe tobe I be In shape to meet any emergency that may arise I |