Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1897-08-24
MINNESOTA STATE NEWS


Good Bonds Scarce,
State Treasurer Koerner and State
Auditor Dunn have returned from New
York, where they have made advap-
tageous investments of Minnesota's
Their mission in the east was
to invest $3.50, 600 of the permanent
school fund and $50. 900 of the perma'
nent university fund. They found,
however, that good bonds were in such
that they could with difficulty
obtain securities assuring minimum
return of per cent a year. Yet the
state law requires that the school and
fund shall be invested either
in state or government bonds paying 8
per cent income or in municipal bonds
of Minnesota cities giving q mini
mum return of per cent. Messrs.
Koerner and Dunn were able to pur-
chase $3.50, 600 worth of Massachusetts
bonds netting little more than per
cent, and they were able to arrange
for the subsequent purchase of $50, 600
worth of Virginia bonds netting about
4 per cent.
Cut Down,
In the expense bills of the state in
which were passed by the
state auditor recently, was one Of
S13, 611.60 for the building of a new cell
room at St. Cloud. 1t was cut mate
rally, however, when it came to the
cash payment, as one bill in the item
was $l2, a76. rs for something over 16, 600
days employment of convicts, charged
at IS cents day, which left the actual
cash. outlay, SO far as the current
month is concerned. of but 81, 1884. IS.
The amount charged for the convicts'
labor, will, of course, be credited to
the institution in some other fund, as
otherwise the cost of the building ak
charged would be only the cost of ma.
terial, and the incidental free labo,
employed.
Tho Foley Gold Mine.
The Foley Gold Mines Company, op
Grating in the eastern part of the Rainy
Lake district, make additional ship
ments of gold last week, making its
total production so far this summer
$4,000, done with 10 stamps since
April. The company has 20 stamps in
its mill, but has been unable to supply
them with ore. 1t is now putting in
additional machinery and will run II
air drills next month. The mine cost,
before the mill was put at work, about
1925, 900.
Want q Lake.
The citizens of Rochester have, this
summer, been considering the feast
bility of constructing an artificial lake.
At meeting Of the common council
with the citizens committee previously
appointed, Civil Engineer George w.
Cooley, of Minneapolis, made report
of the surveys and an estimate of the
cost of three different lakes which
might be constructed. Rochester has
several streams, in any one of which q
lake could be made for $50, 900.
Lightning's Work.
Henry Frideen, a farmer living in
the vicinity of Rush Point, was in the
act of whiting kindling wood for the
morning fire. A thunder storm was
raging at the time, and in the twink.
ling Of an eye the knife was wrenched
from his hand and hurled point first
into the wall of the kitchen where il
was imbedded up to the handle. Light
ming had entered through the chimney
into the stove and played this prank.
Mad Dog:
The village of Dayton was the scene
of an exciting mad dog scare. A dog,
that was undoubtedly rabid, made a
run through the streets, and people
sought refuge anywhere, in houses,
stores, upon trees, and all managed tc
keep out Of harms way. It is reported
that many dogs were bitten, besides
horses and cows The dog was finally
shot.
Labor Day
Gov. Clough has issued his Labor Day
proclamation, requesting that every
place of business where labor is EN-
ployed be closed on Monday, Sept 6
that being the first Monday in Septem
Der, the day set apart by law as Labo,
Day.
News IN Brief.
Charles Benjamin, the 7-year-old son
of Nathan Benjamin, died from inhal
ing smoke during the burning of {
summer kitchen at the BENJAMIN resi-
dence in Minneapolis.
The Interstate Milling company Of
Little Falls has assigned.
A thief entered the barn of Johr
Gunnufson, of Salem and stole a horse
buggy and harness.
Fifteen wolves haye been killed il
Hennepin county since March 9, anc
451 in the state, the amount of SS07. 90
having been paid for bounties by thu
state auditor.
Mrs. c. j. Alloway, formerly a resi-
dent of Minneapolis, was awarded the
silver medal at the Manitoba Industrial
Fair at Winnipeg for the best collec
ton of hand painted china. She alst
won 10 other first prizes in the sam.
department.
The freight rate on potatoes has ad
vanced about 8 cents. This action BY
the western roads springs from a de
sire to- participate in the benefits &C
cruing from the splendid root crop!
promised in Minnesota this season