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Show OGDEN BANKERS HELP SOLVING INTRICATE PROBLEMS COMING Y' IN READJUSTMENT PERIOD Business Conditions Held Near Normalcy With Industries Operating Though Some Re- duce Their Output. Aid Given in Car ryingThrough F inning, Manufac- turing and General Busi-I Busi-I 1 ness of Year El H l Ogd i and of Ka sigh! banking ' houses has been reflected In the gen eral uln" condition of the etly I where trading was practically nurnul throughout l??t. as fnr u ratal! ,in1 I wholesale business Is concerned, v- . ggf! In!, though snnK redut while others Increased. In December. surey of UM Kn-I Kn-I ernl hanking situation bowed thot I J been the "backbone" of Ogden' biihi- IJH na had aggreg.-it. deposits n.i 11,100,474 ni capital. ew showed that the Ogden banks had so assisted the farmers. livestock misers aril business Interests of the j Ogden llstrlct that the loans and dln- , counts showed a decrease for the fill month.'", with new money moving into in-to "he clt to supplement that already deposited. A million dollars deposited With igden barks for the .sugar beet payments, pay-ments, the enlarged amounts coming ' from livestock and grain sales h considerable to do with the Increase of these totals during the late fall moi.thv, with a corr'Hiondlng better- I ment for local financial condition The eight banks ol Og.len are the I Ogden state bank, First National hank. I't.ih National bank. National BSnh of Commerce, Commercial Na tion.!1 nana, Kden Havings hank, inu -' i lirlty Slate bank and the Cuar-mty Cuar-mty Trust company, the latter having hav-ing been organised during the pa' ear With the exception of the latter, lat-ter, these hunks are associated In the Ogden Clearing association, which has handled many of tho larger and more difficult problems during the past twelve months. UD POll IDAHO MC. Just as these bankers led in the liberty loan campaign and in othei war-time, activities, they led also in the peace-time readjustment Individually Indi-vidually they assisted many of the bus! iess men, stockgrowors nnd farm-is farm-is In solving their problems and th n. collectively, took on the larger tasks. One of these affected a Inre 1 1 'rlct in Idaho, when the Twin Calls ;-rt growers found they could noi be financed for their, croji grfiw-!ng grfiw-!ng by the banks of tho tllstrn t. Throuirh the '.. n i tearing bouse in len bSAkS took pro rate portions of loans In this district extending the jj'il necessary svnd repayments were made a- licit s w.rc delered. Another InSt a net was when financial finan-cial trouble Involved the Hooper beet igar factory Co-operating with the r. iciwr ivitM'.l for the company op- j cratln this nlnrt. Thrt- bankers ad- Md enough money to bring about its operation and the use of the beets I cd in th. Hooper district. The Amalgamated Sugar company's situation situ-ation was eased lso by the provision or Money through the Ogden banks, as suggested by the clearing house. Livestock men havy been aide 1 materlall) throUgti the co-operation of tin ridden banks uith others of l iiii and Jdnho in the forming of a I loan company and more recently of 'Joining in the war finance corporation corpora-tion olans, while wheat raiser have found the sainti financial heads glv-Ing glv-Ing them aid by loans on warehouse reci Ipta in the readjustment of business the reflnam tng of some ol tlie largvr ! OKden manufacturing establishments I has been a necessity. In every move ot thia kind the Ogtdcn bankers have I entered wholeheateBly and with ex- |
