Uintah Basin Standard | 1960-10-20 | Page 11 | Commercial Bank Loans Ahead of Previous Year

Commercial bank loans ahead of previous year Utah's commercial bank loans m are running some 5 per cent ahead of last year's and department store and new car sales are approximately 2 per cent above That Is the report of First Security Bank's Newsletter being distributed this said Paul First Security The Newsletter Is edited by First Security vice president and account deposits in Utah are just above totals of a year the Newsletter and savings deposits show an Increase in the past few Mortgage fluids are becoming more readily The report shows that total construction volume in Utah continues some 17 per cent below record levels of First Security reports that cement production in Utah continues at mill Electrical energy utilization in Utah through the first eight months of 1960 has established now records at some 4 per cent above last the Newsletter Copper production is at rated capacity on a seven- day and steel and pig Iron continue at per cent of rated In picture Is not so Production of most crops is below the 1959 and ten-year both by total and acreage Income from livestock both for beef and Is The missiles and related industries increasing employment to additional major some slowdown In a number of economic segments in total non-agricultural employment reached an all-time peak of in the Newsletter