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Show ' i ' - m PRATT P. THOMAS, president of the Commercial Bank of Utah and director of First Security Banks, reports consumer buying is increasing. Consumer Buying Increases Shown In Report The remarkable' increase in consumer con-sumer buying in the Intermoun-tain Intermoun-tain area during the past ten years is shown in gains reported Thursday in First Security Banks' Timeway loans. Noting Timeway's tenth anniversary anni-versary this month, Pratt P. Thomas, director of First Security Corporation, said the dollar volume vol-ume of these consumer loans had increased more than 12 times in annual dollar volume. Mr. Thomas is also president of The Commercial Bank of Utah which, with its eight branches, was acquired last month by First Security. First Security's Timeway loans include personal loans and loans for the purchase of automobiles, farm equipment, household appliances, appli-ances, house trailers, heavy machinery, ma-chinery, and for home' repairs and modernization. During Timeway department's first year of operation, 1946, there were 12,673 loans made, amounting amount-ing to $7,619,158. Last year the bank system made 66,267 Timeway loans for $94,659,128. |