The state herald., 1899-06-23

l
cred in different portions of Luzon un-
developed regions where there are
strong indications of gold and silver de
posits as well as placer grounds. Re-
ports of similar opportunities in 9TH
er Islands of the group have been re-
ceived at Manila. The chances are
looked upon as so favorable that
many Of the mountain men will try
them before returning to their homes.
The quarterly report of the state
treasurer gives some interesting facts
about state finances at Il time when
that subject is one of the leading top
les. The total amount of money that
Treasurer Fesler has charge of is ST.
167, ,5SS.14. 1t appears that Mr.. Mofrat
is the largest surety on Mr.. Fesler's
bond also, as the report shows that the
First National Bank has on deposit
state funds In the sum of S256, ,S51 "A
or nearly one-half of the combined de-
posits of all the other banks. The
amount of money on deposit in banks
is S524. .293.71. The balance of the
funds are invested in the following
state securities: Agricultural College,
SGi, ,60339: internal Improvement, Si7,-
1902: internal Improvement. income,
S23, S21 10; public school, 81 ,062, ,244. 10;
1
university, S33,11S.G5.
Dean Hart bought his famous Stain
ed glass window last Friday. 1t was
a profitable deal, too, and the dean
beat the government on ii after all.
The duty on the window amounted to
S32S.5O, and the dean bought it for
$50. The window was shipped from
England about year ago as n gift to
st. Johns cathedral while the Wilson
| bill was in force and while there was
no duty on such goods. but reached
American shores Immediately after the
Dingley bill went into effect As n re-
suit, the duty was entirely too high
for the deans pocket book. He re-
fused TO pay the tax and the window
was transferred from the freight office
TO the United States customs ware
house. 1i1J WynkOop street 1t was
ut this warehouse that the auction sale
occurred at which the dean finally
bought his window.
The Denver & Rio Grande is quietly
constructing n railroad from the re-
cently-opened Ute reservation TO Del
Norte. The route has been practically
surveyed and construction begins ut
once on the first division. The papers
Were filed with the county clerk and
recorder this afternoon. The road will
start from Cato water tank. the new
name of which will he Pagosa Juno
ton. and Will run in n direction almost
undevlatingly northeast to Pagosa
Springs. The papers then state that
the road will run thence northerly and
northeasterly TO the valley OF the San
Luis 10 and over the most favorable
pass on the continental divide: thence
easterly by the most favorable route to
the town Of Alamosa; also branch
from the most favorable point on said
line 10 Del Nortc. In the country of Rio
Grnnde. The distance from Pagosa
Junction TO Pagosa Springs Is thirty
miles. These springs. at present. are
! reached from New Mexico by stage
ride OF twenty-five miles. When con-
nected by rail they will give the Rio
Grande another Glenwood. ns the cur
alive properties Of the waters are well
known and have been the basis of an
Indian tradition for hundreds OF years.
Three milllons-not $4,000, ,Ooo-is
the amount of Increase probable In the
entire valuation of state property this
year after the State Board OF EuualIzn-
lion finishes its work of equalization
OF Increase needed In valuations TO
avoid deficit. The almost daily secret
sessions OF the state board mr.. bearing
fruit, but the board considers itself
handicapped. II has been practically
decided by the board 10 equnlize all the
valuations OF the state this fall. to 20
Into every county 50 TO do. hut the law
provides that not more than Z per
a. nj lao.
made. and, although Arapahoe yalua-
tions VIII 20 up, valuations In some of
the other counties must necessarily
come down In order TO balance the ag-
grcgate. The state board realizes that
It's efforts to make the aggregate vniu-
allons larger win he handicapped by
the reduction of $1,000, 600 announced
10 take place In Arapahoc county.
Railroad valuations win 60 up. They
are being forced up on rising scale
and II looks like an Increase of Just
about sio,No,uOD on railroad ynlua-
tlons In the state, So far ns the totals
ARE concerned Ia making comparison
with last year. the increased railroad
valuations VIII balance the Arnpahoc
reduction and the SiOpo.OOo increase
In the total state valuations. II Is
calculated, VIII come from voluntary
ipcreases In valuations Of other coun-
ties and mn equalization process In
September by the state board.
The purpose OF the Colorado Paris
commission TO make the main feature
of the exhibit from this state Ia the
department Of mines and mciailurgy
Of the Paris exposition represent one
million dollars In gold. wrought into
some attractive nnd appealing form,
hns met with enthusiastic approval by
all clnsscs of people. Especially il this
expected to be the ease with bankers,
capitalists, railroad mnsnni.s. mines
and smoli.r owners nnd other public
spirited nnd wealthy citizens of Colo.
rndo. senator Henry NJ. Teller says
the plan II feasible. that there il no
doubt Of It's complete success aud that
II must be done. II. has personally In.
'"rcstcd himself Ia the proposition, II
VIII he III" biggest possible ndysrtlsc.
mcnt for Colorado. III. senator declares.
on" enthusiastic mine owner OF Grip.
pie Greek has assured the commission
that b" could obtain guarantees for tho
million dollars In gold from il,e big
mining companies of his district IN two
days tim. lf he wer" allowed the priv.
ll"sr, II u III" Intention nf the commit.
tee 10 take The golden monument nnd
exhibit u east In n special train runr,l.
cd by troops. This win h. n necessary
prrcnntlon, fot otherwise ~ million dol.
lars Ia n lump NJ TINT kini would h-
nn rnsy capture nf drHirninF nni noy.t.
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