American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1908-03-07
GOOD REPORT OF
STATE LAND BOARD
Business Transactions Foot Up
Into Millions.
Reeeips Of Past Three Years More Than
Those Of Preceding Fourteen
Where the Receipts
Come From.

kats DlANt
board has made ilastering report of
that department Of the states affairs.
The repor, is gratifying. showing, as it
does, how the state has progressed. A
large part of these funds belong 10 the
public schools of the state and insure
All endo.men, that will make them AS
good as amy in the land If they ale not
so nov. The report follows:
The total cash receipts OF the land de-
par,ment of the thirteen months ending
January !. 1893, WAS 81. i7a. l2o.52 OF
this amount s5e7. oe5 81 WAS by reason
of payment Of investments. and &6o6.-
o.ts.o on account of lard and timber.
interests on deferred payment. rentals.
interests or investments. Carey Act and
land office fees. etc. The costs Of CON
Quoting the department during the year
of 1907, was 81. .dSi.s5.
oa January /. is.os. the investment
account showed iha, the department, In
Possession of state warrants, bonds. ard
farm loans. aggregated s2.u75. ess. S,5.
In addition there Was an unpaid balance
on account Of lard sales Of 81. asi. 0a.s. IS.
These deferred payments drew in,er.s,
al the rate Of 8 per cent per annum.
The actual investments of the funds
drawing interest on January /. ises.
@ss consequently s.. l.eps. 7l6.si.
During 1907 there were sold of special
grant lanes, s.s77.al acres for siol. 5sss. !.
OF ard Of common school iarssis. II. -. :.
60 acres. for se5i. sai. e5. During the
year IT,, bs.5. - aeFss were leased five
years. rentals collected amounting TO
ss.s7a. ~. mn<, r. "a. - acres for ore
year. 81. 25i. 10 rental collected. Tim
ber on %. CT. - Heres II state lard Vas
sold for SO. 49,, %. The policy Of the
department In the sale of timber has
been 10 dispose Of only scattered tracts.
likely to Io@s by fire. The large bodies
Of timber iaisda have been held intact
During 1907 the state selected in sat.
isfaetion Of It's special grants and com
mon school lard losses 81. $50 arrcs. all
but 2faa acres being indemnity selec-
tions
For the purpose Of showing some Of the
advantages that have resulted from the
reorganization of the department under
the Ia~ Of iao5. the following compari-
son of the work of the state land
dspartmssi from January /. 1905 three
years, are submitted.
Daring the fourteen years prior To
January |. 1906. there we're selected of
the special grants 639.ai4sa acres.
Common school land indemnity select.
ions aggregated 6. t75. 50 acres-a total
of GA. ESQ. GO acres, or on an average
selecsion per year of 5000 acres. In
the three years prior to J anuary |, 1905.
of the spcdial grants there was selected
10. $3.50 acres year. On that date
there remained to be selected 60 acres
Of the special grants and ssT, 52a. 3s acre
of common school land losses.
During the fourteen years period end
ing January |, 1906. there was sold by
the state 81. 400 acres for 81, BOG, Sos. "a.
In the past three years sales of state
land have aggregated 72,695.s7 acres
for 81. i2s, ,32T.65. Timber on i3s, s3l. S.
acres of state land was sold during the
frat fourteen years for s69e. S20.2l an
average of s5.1i an acre. During the
last few years timber sales have been
s5. I37. 81 acres for si73. 1874. q an av-
.crage of sl3.o9 an acre
The earnings of the land department
from Januaryl, 1891, to January |. 1906
were SAT-, ,63s.s5, from the following
sources.
Rentals Si0S, 449. %
Interests on Land sales BOG, 2Ts. Is
Earnings from investments IS, 255. AZ
and Carey Act receipts 1854. 90
The earning account from these
sources during the past three years prior
to January !, 1906, as follows:
Rentals 4,714. as
Interest on land sales 1876, 597. .65
Earnings from investments 2ll, ,55l. 20
Carey Act receipts 100, ls2. 7e
Land Office fees ASIA. O5
This makes total Of $6l0, $780, an
average Of 5000, 6l0. 20 a year, and excess
earning during the past three years over
the previous fourteen years of $133, 1872.
49,
The total receipts from all scources
by the department for the fourteen
...a,. s,y,dinsy January 1tO5 wpa Il