Show UTAH BANKS MAKE NEW LOANS that banks in utah are actively serving berving the credit needs of their communities until es Is evidenced by ti ane le remits rees co of a survey ot of bank lendin lending 9 activity an announced by the american u bankers ijanke rs association Indle indicating atin 9 that the commercial banks of the state made more than new loans totaling to business firms and individuals during the first s six ix months of 1939 and ana renewed outstanding loans totaling during the same period the survey also reveals that business firms I 1 in n the state are using only about one half of the open lines of cf credit maintained for their use on the books of the banks A the average e number of new loans per bank w was as and the average new loan was for the average number of 1 renews renewals s bank was and the average per i renewal was tor for 2522 2 the te average number of new mortgages P per er bank was 36 and the average MO mortgage was for in addition to making loans on individual applications the banks of the larger cities maintain what are known as open lines of credit N on their books available at all times time to regular business borrowers |