The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-08

St.ssPaul, Oct p Yesterday saw the
first day of the anun deficit in the
revenue fund of the state treasury,
which is much earlier than usual.
From now until the railroad gross
earnings taxes come in next February
this fund will be short. Drafts on
that fund will be met by borrowing
from other funds to certain limit
and by borrowing on short time loans
from banks. This has been done an
nually for a number of years.
At the close of business the last
day of September, Thursday, there was
S64,524 in the revenue fund, but yes
terday drafts for $4,000 for state eX-
penses were honored by the treasurer
and this left shortage.
The deficit will be much larger in a
few days, as drafts aggregating 100000
are being sent out for special state
aid to schools, all of which is paid
out of the revenue fund. Yesterday
State Superintendent C. G. Schulz ap-
portioned the special aid to high schools
and graded schools, total of s49S, 4S2.
The monthly statement issued yes
terday morning by State Treasurer C.
C. Dinehart showed a total of $ll,y29,-
OIL in cash in all the funds, but of
this $l,l73,42l is credited to the per-
manent school fund and this will be
distributed next week among the
schools of the state in proportion to
the number of pupils attending forty
days or more last year.
A year ago there was total of
$2,l4l 1904 in all funds in the treasury
of which $36S,O92 was in the revenue
fund. The school fund then had 81 $780,
600. The decrease in the revenue fund
is credited to the expenses of the legis-
latre and the heavy appropriations
it made, available this summer. The
increase in the school fund is due to
the constant growth of the invested
funds of the state.
These are the changes made in per-
sonal property of Blue. Earth county
by the Minnesota tax commissions:
Horses, one year old, increased IL
per cent; horses, three years old and
over, increased 5 per cent; cows, in.
creased per cent; automobiles and
other power vehicles, increased 33 IL
per cent; watches and clocks, increased
80 per cent; threshing machines and
engines, increased 20 per cent; golG
and silver plate and plated ware
increased 10 per cent; diamonds
and jewelry, increased 10 pei
cent; all other manufacturer
materials and manufactured articles
increased 10 per cent; manufacturers
tools, ETC., increased 10 per cent
moneys, other than banks, bankers
brokers or stock jobbers, increased IL
per cent; credits other than banks
bankers, brokers or stock jobbers, in
creased 10 per cent; stock and furni
ture of saloons, increased 100 per cent
the value of all elevators, warehouses
and improvements on right of way oil
any other railroad lands, increased 2(
per cent; melodians and organs, de-
crease 10 per cent; shares of bank
stock, Vernon Center bank, increase
per cents Minnesota State bank, Am
boy, increase $l,6l7; German State
bank, Amboy, increase $2,977; Stat'
bank, Good Thunder, increase, 1888
First National bank, Lake Crystal, in
crease, $l,363; German American Stat'
bank, Mankato, increase, $l,2l3; Ma
tional Bank of Commerce, Mankato
increase, 1891; Pemberton State bank
increase, $l,56O; st. Clair State bank
st. Clair, decrease, $l,074.
million schildren of the New York city
schools took part in the great parade
here today held in honor of the Hud
SON Fulton celebration. Children's
festivals were neld simultaneously
in fifty centers of Greater New York
The parade was six miles long and il
required 100 bands to furnish the mu
sic. Tonight will bring a climax to
the whole celebration as far as New
York city is concerned, upstate cities
continuing the program next week
For this evening the commission has
arranged one great carnival parade
with moving allegorical tableaux
participated in by the German socie-
ties, and this parade and its attend,
ant features of individual celebra-
ton are expected to make the annual
New Years eve celebration look like
May party in a country village.
At nine o'clock the signal fires are
to be lighted all along the Hudson
The points selected are Governors Is
land, Fort Lee, Fort Washington, Spuy.
ten Duyvil, Alpha, Hastings Point
Hook Mountain, Tigh Tor, Stony
Point, Dunderburgh, Anthony's Nose
Sugar Loaf Hill, West Point, Consti-
tuition Island, Storm King, Bull Hill
and Crows Nest.
1t has been arranged that President
Taft shall give the signal for lighting