The Columbus journal., 1909-06-30
CAPITAL CITY news
ITEMS OF INTEREST AROUND THE
STATE HOUSE.
NEWS OF THE STATE CAPITAL
Beings o. the state 0Hieials and
Other Happenings That Are
Of stats-Wids In.
portanee.
State Deposits Reduced.

state deposits He0uceo.
Because state bank deposits de.
creased SSH .406.S6 for the past quar-.
ter. from February %. the date OF
the previous report, to May %. the
date of the report just compiled by
Secretary Royse of the state banking
board, some may want to lay the
blame on the new guaranty of deposit
law which is to go into effect July 2.
! 1t is admitted by bankers that deposits
usually increase for this quarter. but
the quarterly report last year did not
show an increase. While the low per.
iod of deposits is usually in the fall
the spring report last year showed a
decrease Of 100000. Yet it will be
claimed that the decrease this spring
is caused indirectly by the guaranty
law because it caused two big state
banks to drop out of the list of state
banks and become national banks
since the previous report of February.
The two banks that did this had
combined deposits amounting to $780,
4S3.1O. The banks were converted
into national banks SO it is alleged
rather than submit to a tax under
the new guaranty deposit law. The
banks in question are the Grand Is
land Banking company with deposits
of 1854. 5O2.OS, and the Minden Ex-
change bank with deposits of $685.
S91.O2.
Although there is a decrease in de-
posits of over SSH, 900 since the pre-
viOus report, there is an increase of
$9,647,7 42 since the report of one
year ago.
One year ago the number of banks
reporting was 623; in February of this
year there were 635 banks reporting
and for May CAT. The average re-
serve is now 80 Is per cent. The
depositOrs number 231 1856.
Normal Training in High Schools.
Superintendent Bishop has certified
to the auditor of public accounts the
amount of money due fifty-seven of
the high school districts of Nebras-
ka that are organized for normal train
ing work and have met the require
ments of the law for the year 19OS-9.
The statutes require the secretary of
the board of education of each school
district meeting requirements for nor.
NAL training to report under oath to
the state superintendent on or be-
fore the last Monday in June of each
year. Reports from number of high
schools have not yet been received
at the Office of the state superintend-
ent. but under the law the secretaries
of boards of education have until Mon
day, June %, in which to file such a
report. The auditor has been author
lied to draw a warrant for $3.50 in
favor of the following high school dis
tricts: Albion. Alliance, Alma, Ash
land. Auburn, Aurora, Beaver City.
Beaver Crossing, Blair, Blue Hill, Blue
Springs, Cambridge, Central City,
Chadron. Columbus, Creighton, Crete.
David City, Fairbury. Fairfield. Fair
mont, Falls City, Franklin, Friend.
Geneva. Genoa. Gothenburg, Harvard,
Lexington. Madison. Neigh. Nelson,
Norfolk, North Bend, North Platte.
O'Neill, Ord, Osceola, Pawnee City,
Plainview, Randolph, Ravenna, st.
T duI, schuyler, 0SOttSuiuA, ohO'tOu,
Sidney, South Omaha. Stanton,
Stromsburg. Superior. Syracuse. Table
Table Rock, Weeping Water, Wisner.
Mcccok Guard Assigned.
Adjutant General Hartigan has re-
voked an order giving II. F. Kennedy
permission to recrganize company NJ.
First regiment. Nebraska national
guard at Broken Bow, and has as
signed First separate company at Nc
Cook Captain Alvin r. Scott. COM
manding. to fill the vacancy in the
First regiment caused By the muster
ing out of company NJ, April Is. This
company at Broken Bow was mustered
out because it did not come up to
the standard. HI. F. Kennedy mus
foro6 a fow mon and nrODOSod IN rp-