The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-11-02
ACTIVITY
IN BUSINESS
CIRCLES
3 A N X COMMISSIONERS
cocKRILL MAKES
STATEMENT
ATTORNEY MOORE AP-
PROVES LOTS OF BONDS
Many Buildings Being Erected
Wealth Of The
Counties

September /, was the low ebb in
Oklahoma financial circles, according
to State Bank Commissioner e. b.
Cockrell. The state and national
bank deposits at that time were $685..
100000, or $4000.0O0 less than July
/. and s9,0000Oo less than February
l. The November statement, he says,
will show an increase in state banks
alone of S6,0O0,O0O to $lO,0O0.O00
over September /. The excellent
price being received for cotton, to-
gether with late frosts leaving the
youngest bolls time to rpen, the good
quality of the staple. will make the
receipts from the Oklahoma cotton
crops, he estimates, considerably
larger than ever before, possibly as
much as $GO,0O0,OOO
! Some indication Of the trend is
shown by the Gearing house state
ment of Oklahoma City for the past
week, s2,7290OO, against s2,355,O55 n
year ago
The postofilce receipts for Oklaho-
ma City for the current month will
total $4,000, which is $12,500 more
than for October last year. and when
Is good index OF the greet business
growth now going on in that city
Bonds
Assistant Attorney General Charles
l.. Moore has approved the following
bond issues during the past week.
$4,000, Muskogee funding bonds
$4,000 school district No. 2, Mayes
county; $500 district No. 46, Blaine;
$50 district No. SO, Delaware $1,000
district No. 2S. Johnston: $3.50 dis
lrict No. 20, Delaware; $3.50 district
No IS, lie Flore: sl,5OO district No
20 Seminole: s1720 districi No Gi
Usage All the last issues beng for
school and school building purposes
Az opinion by Attorney General
West ruling our street paving bonds
rs legal security for insurance and
urety companies, and the refusal OF
Insurance Commissioner Mllas Lasa
Ter to further accept such as deposits
Or secuct. Ia is department, will BE-
Of interest TO several St Louis and
Chicago bond houses, also to Okla
homa towns generally
Paving bonds says the attorney
general, belong to the general class
usually denominated special assess
ment securities They are issued for
public improvements, the cost of
which is apportioned to assessed inn
lproyements. Shch assessment, If leg
ally made, is lien enforceable as
any other tax lien. but such property
alone is behind such security. The
issuing municipality is not liable for
the payment II can not levy tax
generally to meet any deficiency that
might arise should a given lot, tract
or parcel Of ground, especially such
as suburban property. prove not in
fact worth the cost of the improve
ment assessed against it.
r. ]. Edwards of Oklahoma City
purchased the $4,000 issue OF Okfus-
kee county refunding bonds, paying
s1.0l for them.
! Indus rial I
I Work on the excavations for the
100000 federal building at Enid be-
gins Tuesday The state contractor
began work this week on the 100000
state home for the feeble-minded at
Enid The Bartheldes Seed company
of Oklahoma City took out a permit
to build $4,000 brick warehouse
there. The Tulsa Automobile and
Manufacturing company has let the
contract for its $4,000 factory at Tul-
sa. Construction work on a ten story
hotel building by A. w. Duncan be-
gins at Muskogee Monday.
The Tulsa Roller Manufacturing
company, capital $4,000, has taken
out It's state charter and II cars OF
material are now on hand in Tulsa.
J. l.. Carnahan, of Canton, o., is the
chief stockholder.
Miller Brothers will open their new
skyscraper department store in okla
i h0ma City, December 2. More than
/ 900 carloads of material have al
/ ready been received at tl1e Sulsburgar
Il Schwartzsehilds packing plant
building at. Oklahoma City. and the
slaughter house, which is the main
/ building is now up 70 its fifth story.
1t viii be eight stories high. At the
end of its third week the new Morris
packing plant at Oklahoma City had
| shipped $50 cars OF lard.
Wealth OF Counties
The state auditor has completed
his distribution Of public service
property to the II counties. Tulsa
county leads in such assessments,
lhaying s11.266,3S0; Oklahoma, 80,
1S7,12S; Washington s9,174.9lS; Creek
I s6,650,SS9; Pittsburg, S6,4e2,4s3; lie
Flore. $6,32G.7sG; Garfield, sG,19s,71f;
Lincoln, s5s06,06l Muskogee, $3.50
915; Pottawatomle, s5.706,n0 Usage
s5.152,242 Tulsa, Creek and Wash.
ington counties get the bulk Of their
totals from oil ard gas corporations:
Pittsburg, lie Flore and Garfield have
+ each more than s5.00e,01o Of rail
road property Roger Mills, Clmar.
ron, Beaver harper anu harmon