Ogden Daily Standard | 1918-01-08 | Page 8 | Interest on State Money Turned In

INTEREST ON STATE j MONEY TURNED IN . SALT LAKE, Jan. 8. In demonstra- I tion of the worlcing policy of tho prcs- J ent state administration that all stato i money on deposit In banks, even i thought only temporarily so, shall -.' earn an income for the commonwealth, Secretary of State Harden Bennion ' yesterday turned in to the state treas- 1 uror ?S57.20 interest on fees collected 1 by him during the year 1917 and which ,', have been covered into the state treas- ! ury in quarterly Installments, While the Interest turned over to the treasurer yesterday does not rep- resent a large amount, It is neverthe- less an Increase In state revenue from ji a source to which sometimes little at- ' tention has been paid, the banks prof- .i L itlng by, such neglect The secretary of m: state has deposited his fees with three r jp: banks as they have been collected, the t 4: interest being figured up at convenient j? times during the year, the aggregate of ife- small amounts making a respectable flSE totai for the twelvemonth period. Tho cur-tod ians of these fees for last year IWPt were the Union State bank, tho Na- tlonal Bank of the Republic and the ft: National City bank.