Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1915-09-30
SAYS BANK REPORT
IS BEST IN HISTORY
STATE SUPERINTENDENT SHOWS
NET INCREASE IN DEPOSITS
OF $1a,637.133.
STATE CAPITOL HAPPENINGS
Events OF General interest In Mime
sofa CONDENSED and Revised for
The Greater Convenience
OF Busy Readers.

/ 81. Paul
During the past year the net In
crease In deposits In the state banks
OF Minnesota totaled 1862, 1873. IS, ae
eording to report just issued by A.
ii. Tnrrittin, superintendent Of banks
as u result OF the call OF September g.
One OF the best features of the re.
port, which Mr.. Turrittin said IL the
best report In the history OF the do.
/ partment, was the fact that decrease
Of 3226,518.27 10 shown In the over.
drafts. The oysrdrafts year ago
were t537.61e.92.
During the year the number of banks
has Increased by 90 and the total now
liz $40.
i The total resources now are S197..
i65.013.90. as compared to $lS3,5 26,s $50
on September Ia. 1914. showing an In,
crease Of $14.210,29s
i 4 4 4
Has Largest Trust Fund.
OF the several sources from which
the trust funds OF Minnesota, now the
largest Of any state In the Union. do
rive their revenue, that from the sale
OF lands is the most profitable. The
sale OF state timber comes next and
In order follows royalties from state
owned iron ore and profits from bono
sales
The trust funds of the state OF Min.
nesota have reached a grand total OF
$34,t7a,90b.22 and they are still climb
| Ing, or this grand total the sale OF
| agricultural lands furnished $21,375..
| 1877, sale of state timber, $3.50.
1885, iron ore royalties. $3,9S4, sos. so
and profits from the sale of bonds
| $3.50, 1874.
When State Auditor Preus closed his
books July 81, last, this money was
| credited to four funds: permanent
school, $25.l62, 1895: university. 81,
627. s0662; internal land Improvement
1880. 1852 and swamp lands. s4,792.
| 00s.23. AT one time the internal i'm
provement land fund had credit O,
| $2.Ss3, 16642, but this was considerabl,
reduced by the taking up of nearly q
| like amount In railroad adjustment,
bonds.
Showing the rate ut which this biz
accumulation Ia climbing last year saw
an addition OF over 100000 to the
university fund; over $500 to the In
ternal land Improvement fund, and
over 100000 to the permanent schoo
fund, $2l,1T0,35 to the swamp LAND
fund. The total trust fund earnings fol
the year were 1909. 904. rs.
4 4 4
Salmon for Stx.s's Lakes.
Minnesota lakes will shortly be sup
piled with a new variety OF fish-~chin
ook-salmon, product Of the Pacific
coast. While In the West. Carlos Av
cry, state game and fish commission
| er, made arrangements for supply OF
the fish which will be secured from the
Columbia river. The fish attain
weight OF from Ave to ten pounds ane
are excellent for the table, Salmon re-
| quire water that 10 cold and deep and
because of this they will be planted In
the northern lakes only. Mr., Aver,
| secured the supply OF fish while attend
Ing the annual meeting of the Ameri
can Fisheries society and the National
Association Of Game and Fish commits
sioners held at San Francisco, These
two organizations will likely hold their
next annual meeting In the Twin
Cities.
To Discuss Highway Work.
George w. Cooley. secretary and on
gineer Of the Minnesota Highway com
mission, has returned from California
where he attended the Pan.AmArican
Road congress and assisted Ia the
campaign for bond issue for good
roads In Sacramento county. Mr.
Cooley will attend and preside at the
sessions Of the Northwestern Roads
congress which win be held at Cedar
Rapids, Iowa. October 4 to Z. Prob
lens OF road building which win affect
highway work In Minnesota will be dis
cussed, Mr.. Cooley In president of the
congress, which Is composed OF Min.
nesota, Wisconsin. Missouri. Illinois,
Michigan, Iowa North and South Dako
tn road engineers end enthusiasts
4 4 4
says Fire Threatens Timber.
All the more than 10000, 900 feet OF
timber to be placed on sale October
10. by the State Timber BOARD IL In
danger of iire or decay. said J. A. O.
Preus. state auditor. Mr.. Preus gave
this answer when told that there Is op.
position to placing some OF the tim.
Der on sale at this time, No one ID
objeeting. anyway" he declared.
4 4 -
| Warehouses Under Commission.
The state RAILROAD and warehouse
commission notified the proprietors OF
all general warehouses that ueless
they file their bonds OF $4,000 and
take out state liceuses by Oct. |. they
will be subject to fines OF not less than
i Sloo nor greater than $500. The new
law that puts all warehouses under the
control OF the commission goes into
effect Oct. 1. Formerly only the grain
and produce warehouses were under
their control Only few of the com.
panies have so far filed their bends
land obtained licenses.