The Columbus journal. (Columbus, Neb.) 1874-1911, 1908-12-23
THE STATE CAPITAL
MATTERS OF INTEREST TO ALL
CITIZENS.
STATE MORTGAGE STATISTICS
What is Set Forth in Bulletin No. IL
by Deputy Labor Commits
sioner Ryder.
Statistics on Mortgages.

Statistics on Mortgages.
In bulletin No. IA, which he has just
| received from the printers, Deputy
Labor Commissioner Ryder has a ia
BILE showing the amount of farm anG
city mortgages filed and released dur
| ing 1907 and 1908 and the amount CT
money involved and the rate of inter.
est paid In 1907 there were 1858
| mortgages filed, involving capital to
the amount of $36.432.O7s &c: there
were released 1890, involving $685.
357, 1885, In the same year there
were filed city mortgages to the num-
Der of 12.436, Involving a capital of
$13.25S, 93O57: there were released H.
Ola, involving capital of $9.SS7 ,9O2.36.
| The rate on the city mortgages was
| from 6 to - per cent and on farm
mortgages from 5 to 10 per cent.
! In 1906 there were filed farm mort
CAGES to the number of 7,451, inyolv-
ing $3i.9O3,S4 There were re cas-
ed 1862, involving $26,S11,5l2.31.
! There were filed city mortgages TO
the number of 11.7S5. involving SILL
664.S7O.3O. and there were released
1O,5O7. involving s9,4S2, O22.36.
In his introductory remarks Mr.. Ry-
der said:
| In round numbers, 100000 acres of
the 100000 acres in Nebraska COM
prise the decided land. exclusive OF
town lots. Thus We have a $4,000. O0C-
acre farm, to all practical purposes.
Since the total cultivated area for
1905 is reported by the deputy assess
| Crs at 2.17S.773 acres, the frequent as
sertions of this bureau-that we have
only touched the edges of our posi-
bilit:es as a producing state-are fully
borne out. Granting that very large
part OF our total area will always be
devoted to stock range and another
large part to pasturage aside from
range, still the fact remains that sew
eral millions more Of our arabic area
can very readily be brought under cu!-
tivation. This land of promise simply
awaits settlers. and its cultivable I'M
used land can be bought today cheaper
than it ever will be again.
For 1908 Nebraska stands third in
the list of corn producing states, &C
cord;ng to the government crop esti-
mate. The final outcome on this crop
for our state was really surprising. all
things considered, and the total pro-
ductiCn realized must stand as a fur
tier convincing proof, if such were
needed. of the immense possibilities
of Nebraska farm land. Through trib-
ulation our producers have come to
most consoling realization. They have
emerged entirely from the staggering
wave OF discourage that hit them
in 1894 And that is saying much
when the far-spread advertisement of
that disastrous year is kept in mind
Report Of State Auditor.
The biennial report of State Auditor
Searle will show that from December
30. 1906. to December 80. 1908, there
were registered in the auditors Office
bonds Of all kinds amounting to S.
301. 6S6.65. OF this amount SI5,Ooo
was issued by counties. $4,000 by nfe-
cInc,s. sSS6.5O0 by cities and Villages
and 1881. 1866 by school districts
While this large amount represents an
indebtedness against the municipali-
| res and school districts, it does not
necessarily follow that it has all been
| contracted within the time stated. as
n soOdly amount of it is refundlng
bonds. issued to take the place OF
other bonds voted years ago, which
have matured and have not been pa'd
From the school districts of many OF
the western and northern counties Of
the state many issues of bonds have
been registered in order to provide
school buildings in districts where
none have ever before been erected
"Unoraanized Territory" Dropped.
In preparing the annual tabulation
of the membership of the legislature
Secretary of State Junkin has decided
to remove from the counties OF the
far west the standing joke about the
unorganized territory. The apportion-
ment of representation was made back
in 1887, when there was considerable
unorganized territory, and all subse-
uuent descriptions of districts have
followed the wording of the apportion-
ment. The statutes have never been
| corrected to give official reco ynition
of counties organized since that date.
II was also discovered that no pro-
vision has ever been made for repre-
sentation from Boyd county. as that
was not, even described as morgan
lied territory in the apportionment Of
1887. It has been found. however.
that a decision of the supreme court
several years ago attached that
county to Knox in the Twentieth dis
trict.
Kansas Bank Guaranty Bill.
Copies of bill which will be intro
duced in the Kansas legislature at the
coming session, providing for the
guaranty of bank deposits, have been
received at the state house. This
Kansas bill provides that all state
banks which desire to avail themselves
of the guaranty law shall deposit with
the state treasurer 800 for its first
$780, 900 on deposit in the bank and
$50 for each additional 100000 de-
posted. This sum shall be levied an
nuaIy until the fund reaches more
than 100000.
Confer on Unicn Pacific.