OCR Text |
Show WILL AFFECT SA-LT LAKE BANKS LITTLE Banking men of Salt Lake City are of the opinion that the order sent out by the comptroller of the currency Thursday, calling for a practically uniform system of bookkeeping in the 7100 national banka of the United States, will affect Salt Lake banking institutions only slightly, if at all. Tbo order for a uTflform bookkeeping bookkeep-ing system was issued i" connection w 1th the disclosures following the i forced liquidation of the Qua nail Rational Ra-tional bank of Quanah, Texas. Lewis S Hills, president of the Deseret National hank, said that th chief complaint of the bank In Texas was the lack of a discount register. Ho says that all the banks of Salt I.Ake not only carry a discount register, regis-ter, but 6ueh other books as are necessary nec-essary to keep intelligent records of the banking business and that at no time has a bank examiner found fault with the system in vogue here. This statement voices tho views on the subject of other bankers of the city, they say. Bankers say further that the Texas bank is an Individual case and that orders frequently are sent out from the comptroller of the curreucy following fol-lowing speclllc cases that come under the observation of bank examiners, i However. It Is admitted bv the ' bankers that they may receive orders or-ders to install certain systems In place of some now approved bv examiners ex-aminers for the sole purpose of obtaining ob-taining a uniform method of keeping accounts. oo |