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Show Bank News Letter Shows Economic Status I UUh'i non-agriculture employ. mtenl last month reached an all-time all-time high of 252,000, up 4,000 ver figures a year ago. This Is the report of the First Security News Letter distributed this week according to Francis W. Betenson, manager of First Security Bank at Cedar City. The news letter U edited by Broy Nelson, vice president and economist for the First Security Bank system, assisted by Harvey Frazier. Utah's unemployment In September Sep-tember was the same as last year's 6,400. Department store sales reported report-ed for leading cities In Utah and ' Maho for 195Ts first eight months were the same as last year's, according to First Securl- tr- Utah's new car sales reached 30.122 for the first eight months, lightly above totals for last year. Bank debits through Soptem-her Soptem-her were up 11 In Salt Lake City, nine per cent in Ogden and men per cent in Boise. Prices received by farmers In Otah and Idaho from the sale of cattle are approximately six I per cent higher than a year ago. Lamb prices are up five per cent and milk prices received by farmers are up slightly. "These are offset by somewhat lower prices for eggs and poultry as well as for grains and hay." according ac-cording to the news letter. Total cash farm Income for the first seven months was up from 1956 by $5 million in Utah. Production of nonferrous metals me-tals In the intermountain region Is running noticeably below the 1957 figures. Copper is down lOTe and lead and zinc down 20. Oil deliveries to Utah's refin-eries refin-eries continues approximately four per cent above last year's levels. |
