Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1901-06-07
NOTES FROM THE CAPITAL
Des Moines. June 7. /


piled from free reports furnished i'm
response to the recent call for that
date. has been issued by Auditor Mer-
riam. 1t shows tremendous growth
in the amount of money on deposit
in the state and savings banks since
the last statement was issued, based
on reports at the close of business
December 13. The increase in depos-
it's in the period from December 13
to April "a was 4,493, 931.69. Since
June 80, 1000, the increase in the
amount due depositors has exceeded
sci 100000. In the same period the
number of state and savings banks
transacting business in the state has
increased from 44S to 472. The state
ment of the condition of the savings
banks shows that at the close OF bust
ness April "a they had assets of SS3,-
642, Os5.25, and liabilities of the same
amount. The sum due depositors in
savings banks was ST. ,755. S04.75. The
total number of savings banks shown
by the tatement is 255. There were
217 state banks at the close of bust
ness April "a, with total assets of
$685., O13.sO The amount due de-
positors in the state banks was $40,-
1O9, 459.55.
Secretary of State Martin has IN
dicated his intention to follow the
law pertaining to the compensation
of the state binder strictly. If this
policy is followed out it will mean a
saving to the state of several thou
sand dollars yearly. The secretary
was recently called upon to pass q
bill for binding the fire insurance re-
port of the auditor. The bill sub
faI ha 10 Of f,v. -,
4,5cO paper bound copies called for
by statute. The proper compensa-
ton for the binder as Mr.. Martin
figured it according to law would
he S297.10. Mr.. Martin has refused
to allow the bill presented at the
higher rate and will insist on the low
er rate, making difference of $4,000
on this single job Of work to the
state. AS the life insurance report is
to follow shortly and number of
others, there is no question the new
policy will effect a saving of several
thousand dollars year to the state.
The state board of control has
modified it's order prohibiting the use
OF tobacco by convicts and hereafter
the weed will be allowed in limited
amounts to all first and second class
q
by the behavior Of the convicts.
At 4 meeting of the executive coun-
Gil it was decided to ask all county
auditors for statistics that will aid
the council in equalizine real estate
taxation at the meeting to be held
for that purpose the second Monday
in July. The plan is to have fur
hr.I 1fS.1
on March l, 1901, and the same dates
ten, twenty and thirty years ago with
the consideration of the transfer and
the taxable valuation. Considerable
criticism of the action of the council II
in assessing railroads has been made
ana the council is endeavoring to ar
rive at some arrangement whereby
the assessments can be fairly and
eQuitably considered.
The board of control has prepared
statement showing the sums of
money expended at the different state
institutions for music, musical sup
plies and instruction in the year
1900. and other facts of interest per-
tanning to music in the institutions.
The total outlay on music in the year
1900 is shown by the report to have
been $S,64394. The board is thor
oughly converted to the belief that
music is of formidable value in car
ing for the wards of the state, and
that the expenditures for music are
productive Of good results. ''Some Of
the patients in the hospitals,'' said
Judge kinne, ''sit for hours listening
to music and appear to be completely
wrapped up and entrarced by it,
Strangely enough. the music must be
Of the best and the better it is the
more they enjoy it. One might think
that something like Yankee Doodle
would be as serviceable as anything,
but that is not the case. For the
most part, the orchestra at the insti-
tutions render nothing but classical
selections and they are thoroughly
appreciated"
Articles of incorporation of the Des
Moines, Nevada & Eldora Railway
company have been filed for record
with the county auditor. The au-
thorized capital stock is $4,000, with
the right reserved to increase this
later on, while provision is made for
a bonded debt of $4,000 mile
against the property. The incorpo-
rators are J. S. Polk. president of the
Des Moines City Railway company:
n. I'll. Polk, president of the Des
Moines Interurban Railway company;
Simon Casady, of the Des Moines Saw
ings bank; G. Is. Hippee and A. G.
Maish, of the Des Moines City Rail-
way company; w. F. Swayze, banker
at Nevada; F. G. Mccall and Park S.
Davis, of Nevada, and Judge John
Porter and Mark J. Furry of Eldora.
b. H. Polk is president, Mr.. Casady,
treasurer. Mr.. Swayze. vice president,
and Mr.. Hippee, superintendent.
Inc purpose is to build an electric
road from a connection with the Des
Moines Interurban road northeast
through Nevada to Eldora, in Hardin
county. and eventually to extend it
north and east.