Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1898-02-04
T|REASURRR'S REPORT
semi-Annual Report of State Treas
urer is Filed With the Governor
Today.
Receipts and Exenditures of the State
for the Past Six Months and
Other Figures.
Tax Collections in the County for
November and December Ag-
gregate Over $4,000.

The %semi.annual report Of State
Treasurer Nichols has just been filed
with the governor, covering the trans
actions of the state t%reasurer's Office for
the period from June 30, 1896 to De-
cember 81, 1897. The report shows a
balance of a little over $4,000 in the
several funds in the state treasury, as
against q little over $685. 900 six months
ago. The general fund of the state lie in
q little better shape than it was six
months ago, when there was q cash bal
ance of only s42. The cash in the gen.
eral fund at the first of the year was a
little over $1,000.
The report of the state treasurer is an
itemized one. covering all of the receipts
and disbursements Of the. office, which
the law requires shall be made to the
governor twice a year. It shows that
the receipts of the state for the six
months from fees of various state Off
GERS, insurance taxes, interest on public
funds, and from sunday minor sources,
have been 2 $1,000. The receipts from
taxes during the semi-annual period
were $4,000 for the general fund, $780,
600 for the bond-interest fund, s145, 900
for the state tuition fund and $4,000
from the interest and income fund.
1.-The total receipts from all sources for
tker six months were a little over half a
million.
The magnificence of the school en-
! dowment Of the state is shown in the re-
portfor the six months. Aside from the
el45,00O in taxes collected for the state
tuition fund, the reports shows receipts
;, of s74, 600 from the sale of lands belong
ing to the permanent school fund. In
Trail county alone $4,000 worth Of
school lands We're sold and the money
turned into thA permanent school fund.
Walsh county rs credited with $4,000
az the proceeds of lands belonging to
4 the school fund. Other counties report
smaller amounts. Bonds held by the
. permanent school fund we're also re-
deemed during the six months to the
total of $7,7OO, and this amount has re.
verted back to that fund. The perman-
ent school fund at the close of the last
report was $2l3,0OO, in round numbers,
and although many school bonds have
been purchased during the period, the
present report shows the cash in the
fund to be q little over 3251,000. Under
the provisions of the law this fund can
never be decreased, and can only be
invested in state and school bonds, thus
creating a perpetual fund for the furth-
! ering Of the educational interests of the
state. The interest on the amount of
the fund invested is quarterly appor-
toned to the schools of the state, at SO
-much per capita for the school children
reported. >lhe fund is increasing each
year and the state board of university
and school lands are unable to invest
it in the kind of securities they desire,
and which are provided by law, to as
great an extent as they would like. I'm
der the last law passed with reference
to this fund it may be now invested in
farm loans and several thousand dollars
! of it have been so invested. And to Sc
cure more school bonds the board has