Valentine Democrat. (Valentine, Neb.) 1900-1930, 1905-10-12
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l11 7ls,se2sIE5 VlfEar.

The report of State Treasurer Morten
| sen, issued Saturday, shows that the to-
tai cash balance of the state at the close
Of business is $3.50, S3614 for all fund.-
as compared with total balance OK
! $3.50 109.S7 at the close of August and
$3.50, 1904 at the close of business the
| month previous. One OF the big items of
| decrease has been in the cash Of the per-
I manent school fund, which stands at
| SiI, 401 % for the close of the current
| month, as compared with Sl57 ,3G9.59
| shown by the last monthly report and
, G24S, 213.43 for the end Of July. This de-
I crease bears witness to the decrease in
! receipts since July, due to the fact that
| real estate obligations were liQuidated
| with considerable promptitude. In lieu
/ Of general fund receipts the cash of the
| permanent fund has been invested in
! the general fund warrants issued i'll pay
ment OF current expenses during the past
two months The general fund has re-
manned fairly constant ut n low ebb. At
the end Of July there was S4,209.SO, n
month later il was $4.311.09. at the close
of business Saturday it had risen 10 $1S,-
36l.S1. The temporary school fund is
beginning to grow again. At the end OF
July it contained Il total of $13J, 500 81,
winch reached SiO3.3 tool.
Deputy Auditor Cook has rejected the
claim of the Van Dorm Iron Works. OF
Cleveland, o.. for $500 balance due
On the $4,000 contract for the iustalla-
ton o. steel cells at the state peniten-
tlary. The board OF public lands and
buildings has recommended the allowance
Of the claim. The auditor takes the posi-
ton that the terms of the contract call
ing FOR tie installation of 30 cells has
hot been complied with because six OF the
cages have hot been fitted up and con-
nr-tCd 10 the sewerage system. The man
ufdCtuTer - willing 10 DO the work, but
the state board was unable to provide
any place for TIE erection of the cages,
the Wes5 cell house having been filed to
the ceiling. The official says that justice
may demand the payment of the claim,
especially in view of the attitude Of the
members Of the a ard, but that he has no
right to vary from the terms OF the con.
tract.
The report showing the condition Of the
state banks OF Nebraska at the close OF
business Aug. 25, issued Saturday by Sec
rotary Royse, of the state banking board,
indicates that the total deposits have in
creased $G,OO0,000 since the date OF tho
asst report, making the total $50. 5S3,-
341.22, and the total for the consolidated
banks, state and national, over 1886. COO.
600, an increase of nearly One-third in lit
tie more than u year. y significant fea-
ture of he report is the fact that the sotai
Of loans and discounts remains about con.
slant at $3I,4fG, 25S.jS, which is pretty
close to the total shown by the report for
May %. This is taken to indicate great
surplus Of loanable funds. Another sig:
nifcant feature is the fact that the re-
serve is ~ 10 per cent, nearly three
times the legal requirement.
Wcolworth & McHugh, attorneys for
the Mutual Reserve Life Insurance Com
pany Of New IOrw, were at the Office Of
the secretary of state Saturday looking
up the official bond of Auditor Searlp.
who some time ago revoked the certificate
of Van =. Lady, the state agent for the
company. The attorneys did not dis
close their object in looking up the bond.
but state officials believe that it may be
the intention of the company to bring suit
In the federal court OH the official bond,
because of alleged damages accruing
tifcate. The company has an injunction
suit against the auditor pending in the
federal court.
Saturday Gov. Mickey issued the proc
lamation announcing that a general state
election will be held Nov. for the Dur-
pose Of electing one judge Of the supreme
court, two regents Of the state university,
one representative from the Twenty first
district and a senator from the First dis
trict. In the two latter offices there are
due to designations. Repre-
sentative y. u. Jackson resigned to 20 on
the supreme court commission and Scna-
tor e. y. Tucker is now a member Of the
territorial court
Chief ClGrl Davis, of the state board
IF charities, who has the prelinnaries TO.
he prison congress III charge, said Sat
lrday that the citizens Of Lincoln have
promised the general committee q large
sum towards the guarantee required by
he officers OF the association in return
or the location Of the meeting in Lincoln.i
He says that the Lincoln business men
lave shown a laudable desire to make
he convention success. Requests for
reservations of space are coming In daily
rom eastern delegates.
Since July 1 between $4,000 and S4O,-
100 has been collected under the scav-'
niger tax law and it is expected that
much more money will be paid into the
ounty treasury between now and the
rst Wednesday in November. when the
rst public sale under the law will be
ED. The county commissioners are seri[
usly considering having Il barbecue TO 20
long with the sale and by first satisfying
he inner man secure better prices for
he land.
The corn BANQUET to be rendered tho