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
or $13,s37,1s3.
STATE CAPITOL HAPPENINGS
Events OF General Interest In Mime
sofa CONDENSED and Revised for
The Greater convenience
Of Busy Readers.

st. Paul
| During the past year the net In
crease IN deposits In the state banks
OF Minnesota totaled $13,637, 1913. 78, NO
cording to report just issued by A.
h. Turrittin, superintendent OF banks,
az a result OF the call OF September 2.
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 S226,5l827 In shown In the over.
drafts. Tho ovsrdrafts year ago
were &537.61s.s2.
During the year the number of banks
has Increased by SO and the total now
Ia $40.
the total resources now are S197..
i66,0l3.90, AZ compared to $l83,526, $50
on September H. 1914. showing an In,
crease Of $i4.219,29a
4 4 4
HISS Largest Trust Fund.
Vi 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 grand total oil
$34,474 ,s05.22 and they are still climb
Ing. OF this grand total the sale OF
agricultural lands furnished s21,375.
1887. sale of state timber, $3.50.
1895, iron ore royalties. $3,9s4, 955. SO
and profits from the sale of bonds
| $3.50, 617g4.
When State Auditor Preus closed his
books July 81. last. this money was
credited to four funds: permanent
school, $25.162, 1895; university, 81.
627. s06.62; internal land Improvement
sa6o,l56.42 and swamp lands. s4,7s2,
0oS.2a. At one time the internal i'm
proyement land fund had a credit O!
$2.s93.l66.42. but this was considerably
reduced by the taking up of nearly
like amount In railroad adjustment,
bonds.
Showing the rate ut which this bis
accumulation is climbing last year saw
an addition Of over 100000 to the
university fund; over $500 to the In,
ternal land Improvement fund, anG
over 100000 to tho permanent schoo
fund, $2l.iTo,35 to the swamp land
fund. The total trust fund earnings 70,
the year were $l,03a. 800. rs.
4 4 x
Salmon for StS.s's Lakes.
Minnesota lakes will shortly be sun
piled with a new variety OF tlsh~-chin
ook-salmon, product of the Pacific
coast. While In the West. Carlos Av
cry, state game and Ash commission
er, made arrangements for supply oil
the fish which will be secured from the
Columbia river. The Ash attain q
weight Of from five to ten pounds ane
are excellent for the table Salmon re
quire water that Ia cold and deep AND
because OF this they will be planted In
the northern lakes only. MIR. 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 aud en-
gineer OF the Minnesota Highway com
mission. has returned from California
where he attended the Pan.Amsrican
Road congress and assisted In the
campaign for bond issue for good
roads in Sacramento county. Mr.;
Cooley viii attend and preside at the
sessions Of the Northwestern Roads
congress which viii be held at Cedar
Rapids, Iowa. October 4 to Z. Prob.
lens OF road building which will affect
highway work In Minnesota will be dis,
cussed. Mr.. Cooley Ia president OF the
congress. which Is composed of Min.
nesota, Wisconsin. Missouri. Illinois,
Michigan. Iowa North and South nako-
tn road engineers end enthusiasts.
4 4 4
says Fire Threatens Timber.
All the more than 100000. 900 feet OF
timber TO be placed on sale October
i6. by the State Timber Board la i'm
danger of Are or decay, said ]. A. O.
Preus. state auditor, Mr.. Preus gave
this answer when told that there il OPP.
position to placing some Of the tim.
Der on sale at this time, mo one 10
objecting. anyway" he declared.
4 4 -
Warehouses Under Commission.
The state RAILROAD and warehouse
commission notified the proprietors OF
all general warehouses that unless
they file their bonds OF $4,000 and
take out state licenses by Oct. !. they
will be subject to fines Of not less than
| 500 nor greater than $500. The new
| law that puts all warehouses under the
control OF the commission goes into
effect Oct. /. Formerly only the grain
and produce warehouses were under
their control. Only few OF the com
ranies have so far filed their bonds
Loud obtained licenses,