Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-04-25
DOING RUSHING
LAND BUSINESS.
Idaho Received Nearly Half a
Million During First Three
Months Of Present Year
LOANS OAFARM LANDS STOPPED
Soliciting Bids for State Bonds Dis.
bursement Of University
Funds.
Special Correspondence.

Special Correspondence.
Boise, Idaho, April 23.-The state land
months OF the year 1905. was in re-
celpt Of Si65,35i32, This Is the largest
amount for any similar period In the
history Of the department, During the
three months mentioned, the departs
ment has been kept busy. There were
Is deeds issued calling for 1,13lO8 acres,
the consideration being $25,418.56 There
were 40 agricultural leases, covering,
4205.V acres. the cash receipts on this
account being 81, 1865. There were
20 grazing land leases, covering 1914 20
acres, the consideration being 236717.
The total receipts from rentals was So
5OL22. During this time there were
go entries under the Carey act, aggre-
eating 6S,450B acres. The states
proportion of the money received there
from was Sl3,989,4li and the amount Of
money received and held IN escrow was
%2053523i. This makes a total of cash
received by the land department during
the first three months Of this year OF
t6000l9S. The two latter sums indi.
quarter Of SiG5,35
OF the cash receipts thus indicated
a part were on account Of repaid in
vestment The total on this account
was SlS2,3l353, These receipts We're on
the following accounts; Bonds repaid
$3.50, farm loans repaid, $G,9S0; state
warrants paid, Sl74953.53 During the
same three months the state land board
invested Of the funds in its hands
N3S, 69363, as follows: Bonds pur-
chased, S72,28Q; state warrants bought
S5SSl863 farm loans made, $1,000
These investments were from the fol-
lowing funds: General school fund,
s56SS0i normal school endowment
funds, s35, j9i insane asylum en-
dowment funds, S423l.SO.
During the month Of March, exclusive
Of Carey act fees, the fees Of the land
department We're sl59So During the
quarter, including the Carey act fees,
the total earnings on account Of fees
were S4,504.S5
At the beginning Of this month tho
amount OF money in the various cndow-
ment funds was as follows: General
school fund, sIS3I97; university enc
dowment fund, $lIl22.99 normal
school endowment funds, S37-
S22,75; school Of science endow-
ment fund S5,565.g2; agricultural coll
lege endowment fund. Si03; academy Of
Idaho endowment fund, Sl22 i3 In
dustrial school endowment fund, seas;
Insane asylum endowment fund,
S4SL0l; penitentiary endowment fund,
2,26199i soldiers home endowment
fund S26.52; public buildings endow-
nlent fund, 500 1886; charitable insti-
tutlons endowment fund S5l&7i toal
of Sl459ls20.
LOANS ON FARM LANDS.
The registrar Of the land department,
c. s. Mcconnell, reports that the de-
mands from the various school dis
tricts In all parts of the state, which
have decided to issue bonds for the con-
struction Of new schoolhouses, or for
the improvement OF existing houses,
have been so numerous during the
past two months, that the board has
been compelled to refuse to make fur
ther loans on farm lands, Both the re-
ceipts and investments during the
present month have been very large,
but In the rush Of work IN the office
the totals could not be obtained, 1t is
expected that the receipts for the
months af April and May will be even
greater In proportion than those Of
the first quarter Of the year We're
CAPITOL BUILDING SITE.
Another meeting Of the capitol build
ing commission will be held some time
during the present week. W. ". Pierce,
a member of the commission who has
been absent for several weeks, Is eX-
pecte1 20 return within q few days. IL
is now thought likely that the commits
sion will then decide on the permanent
site for the capitol building, The COM
mission ~ now considering three sites,
These are, the present grounds, to-
gether with the block Of ground imme-
diately 10 the west, and which can be
obtained for $4,000 the Timer tract at
the north end Of Eighth street, which
Is offered to tho commission for $4,000,
and the Mccarthy tract at the west
oEd Of Jefferson street, which II offered
free, Tho present site including two
blocks and Seventh street through
those blocks, contains about five acres.
The Timer tract Is slightly larger, prob
ably aggregating six and a half acres.
The Mccarthy tract, which includes
the four blocks bounded by BunnoCk,
state, Sixteenth and Seventeenth
streets, contains something over
eleven acres, 1t is clearly
Understood that the majority Of the
commission IS favorable to the present
Sllc provided that the additional ground
ON the north could be obtained at
reasonable price, This, however, It
seems impossible to DO, the owners OF
property that the state would be COM
PEELED to buy The commission thinks
otherwise, however, The three sites
mentioned are all close 10 tho present
business center of the town.
BIDS FOR STATE BONDS,
state Treasurer Coffin Is advertising
tor bids for state bonds for the follow.
Ing amounts and purposes; State I'M
lroyement bonds. 1905 q Of 81 900 each
reform school improvement, 20 OF $1,000
each, Academy Of Idaho improvement
1905 81 of $500 each University of Ida
10 Improvement, 1906 40 of 81, 600 each
North Idaho insane asylum building, 30
or $1,000 each. Idaho Lewiston state
Normal school, 60 Of $500 each, State
wagon road 50 to 81 goo each. albion
state normal school, l905 60 of sj0Oeach
iuaho state pcnitentIary improvements
Ivoo, 90 OF 81 900 each These bonds are
MI to bear I per cent interest, payable
te'nl-annuallyand due In 20 years with
we privilege Of payment az end Of 10
year period. A call for bids for land
surveys 1905, bonds, 30 Of $1,000 EACH
are also asked for, These bonds are