Show Dun And Bradstreet Lists Business Firms In Sanpete Each January business concerns concerns concerns con con- cerns in all parts of the United States receive from Dun and Bradstreet requests for their annual statements I This year the number of re reI requests requests re- re I quests going out wide nation-wide will approximate three million I with ith over going to Sanpete County businessmen I There are 6 more business concerns in Manti ManU today than there were four years ago says I D. D E. E Smith district manager of oC the fhe Salt Lake City office of Dun and Bradstreet Basing his facts upon the figures in the current January 1956 Reference Book Smith points out that In 1953 45 businesses were listed I in Dun and Bradstreet and to today today to- to day clay there are 51 a 13 per pel percent percent cent This was t the theony h e only ony Sanpete community f for o r which Mr Smith supplied the figures but others are available The Reference B Book Boo o o k incidentally incidentally incidentally inci inci- dentally lists only manufacturers ers wholesalers retailers and ana some service companies such as laundries and gasoline service stations In discussing these figures Smith pointed out that m more o 0 r e ethan ethan than 95 per cent of all commercial commercial commercial commer commer- cial transactions in the U. U S. S are made on credit terms The purpose of credit reports and the huge Reference Book is to assist businessmen in arriving at credit decisions on customers customer's customers customer's I orders A supplier anywhere in the U. U S. S can look up the rating of I Ithe the Sanpete County businessmen business business- men in the Reference Book In Inthis Inthis Inthis this way the local concern is known far afield and orders can be a approved p p pro r o v ve e d and shipped promptly Each Reference Book listing which includes the rating is isa isa isa a condensed summary of the in information information information in- in formation contained in the Dun Dunand Dunand Dunand and Bradstreet credit report The report includes a history of the business who owns it who runs it and how long it has been operating a description tion of what the business does and how it operates a financial s section which usually Includes the latest financial statement and a record of how the concern pays its bills Credit reports are also used by insurance underwriters to review risks rates and coverage coverage coverage cover cover- age for fire and other types of insurance o 0 |