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Preston Citizen in Preston, Idaho

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Preston Citizen

Location

Preston, Idaho, United States of America

Date

Feb 09, 1956

Page

3

First Security Banks Report 1955 Gains Across All Fronts

First Security corporation reported 1955 earnings of 3 246 994 92 dollars or 3 07 a share up from 1954 and 1953. Deposits rose to 411 166 468 86 with loans totaling 368 123 357 86. Resources reached 442 804 236 02 as deposits and customers increased.

First Security Corporation Lloyd J. Hogge First Security Bank of Preston First Security Hogge Hirst Security

Spanish Fork Man Named New Director Of First Security

Pratt P. Thomas of Spanish Fork Utah was elected a director of First Security corporation at the annual meeting. All other directors were reelected and officers were retained. Thomas is president of The Commercial Bank of Utah which with eight other banks was recently acquired by First Security. Re-elected directors and advisory members include Louis Buchman George S Eccles Marriner S Eccles S P Harter D D Moffat W T Nightingale and Fred B Smith.

Salt Lake City Pratt P. Thomas Spanish Fork First Security Corporation Thomas Marriner S. Eccles Commercial Bank of Utah Prench Banks First Security Louis Buchman George S. Eccles D. D. Moffat W. T. Nightingale Fred &. Smith

Babson Reflects on Gold Standard vs Political Weather

In a long personal column Babson traces the shift from the gold standard to a political standard since 1932, arguing politics influence business and the stock market. He notes forecasts about Eisenhower, predicts market moves upon his decision, and pledges to limit politics in future columns.

Eisenhower Financial Ft Saturday Evening Post George Horace Lorimer David Lawrence Robert Ruark Drew Pearson Florida Ing Babson Park Mass Republican Party Democratic Party Weaders

Idaho Wheat Stocks Rise 2 Percent From Last Year

USDA reports Idaho farm and commercial wheat storage on January 1 totaled 25.245 million bushels, 2 percent above a year earlier but 20 percent below the record two years ago. North Idaho held 9.467 million in off farm storage, south Idaho 15.778 million on farms or off.

Idaho USDA North South Idaho North Idaho Pacific Northwest Oregon Washington

Utah bankers and officials named in corporate renaming

The document lists Ogden and Idaho figures including W. W. Anderson H. A. Benning and Marriner S Eccles plus J. L. Driscoll J. R. Simplot and Ralph J. Comstock among others. It names corporation officers renamed with Marriner S Eccles as chairman and George S Eccles as president and general Warrager. Pratt P. Thomas is noted as a descendant of Utah pioneers and outlines his early career at Spanish Fork banks, including his rise to bank president in 1925 and merger to form The Commercial Bank of Utah.

Ogden W. W. Anderson H.A. Benning Marriner A. Browning Val A. Browning L. T. Dee S. S. Eccles Willard Tu. Eccles W. H. Harris J. Fletcher Scowcroft Idaho J. L. Driscoll J. R. Simplot Boise Ralph J. Comstock Pocatello H. M. Emerson Lewiston Allen D. Christensen San Francisco Robert H C. Veil Beazley William ¥. Homer Grace F.madson P. J. Hermansen Pratt P. Thomas Utah Plains Spanish Fork Utah State Agricultural” Colllege Comimercial “Bank “ of Thomas Commercial Bank of Pirsy Security Temasthas Ranters Association Ghat i Hé Tisg Meade Fis Uisties

Jute Planting Practices in East Pakistan Described

Jute, East Pakistan's chief export crop, grows eight to ten feet tall and is grown in water in small jungle patches. Harvesting uses long knives and stalks are tied in bundles for processing.

East Pakistan

Process of Making Fiber from Plant Stalks Described

Bundles are gathered and left for three days until leaves drop. They are then submerged for two weeks. The plant’s soft pith ferments and the long tough fibers are stripped away from the stalks.

Also Mentioned on This Page

Prompt, Friendly Claim Service U.S.A Canada Mexico United States Farmers Mutual Euuaclew Tage Phare Thiurance Gibbons Tnsurance Agency Eal -Estate Edward Gibbons Gt South Btate Babson Publishers Financial Bureau, Incorporated West Oneida Preston, Idaho Ren’s Electric Company America Palmer Motor Nocti State Phane
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