Ogden Standard-Examiner | 1922-06-11 | Page 31 | Bank Clearings in May Take Jump

MM BANK CLEARINGS IN MAY TAKE JUMP Bank clearing! totals recorded a j further surg forward In Mu the ag-K ag-K rebate for that month, as reported ' Hradstrer - ' 117 Ml b. Itir !$31 715.904.00O. a gain of 4.1 per cent-over cent-over April of 2 4 p-r cent over March and. In fact, the largest tnonthlv to-ta to-ta recorded since December. 1920. ; With these definite gains over every jone of the preceedlng sixteen month in evidence, the compilation of average aver-age -laih cl( arlnge icturns rather loies In value, but Is subjoined for six months Past to show the growth ln I these measures of banking operation at time when the trend is normallv ton rd smaller totals. Ially average Mon'hs Clearings , May. 122 $1219.000 000 April. 1922 1.217,000.000 March. 1922 1 H6.000 000 Kebruary. 1922 1.158.00" 000 January. 1922 1.1 10.00o!noo December. 1921 1.285 000. 00 N,;,v 1921 1 .07fi.Ooo.OQ0 Compare.! with May a year ago. the gain In all clearings Is 18 per rent bul 'he decrease from Miv 19;o, is I .' per .ent. Xew York City clearings for May $19,21 4,81 3,000. are also the largest since December, i92o. -houinK a gain of 21.2 per cent over May a year ago. while at 1 lfi other cities the combined clearings or $ 1 2. .".01 .09 1 ,000 mark a g iln of 13.1 per cent over May a year ago. and are the largest since January 1921