The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1916-08-10
MONEY FAILS TO
ELECT IN DAKOTA
DEFEATED CANDIDATES SPENT
MORE THAN WINNERS, STATE.
MENTs OF EXPENSES SHOW.
ASSETS IN BANKS INCREASE
Gain Of Twc,ty-one Million Dollars in
Year Shown by Ststemcnt-Thirty-
ona New State Banks Char.
tered During Year.

Bismarck.
Defeated candidates in almost every
instance s.r@&t more in vain efforts to
obtain party nominations at the recent
primary election t!:..n did the SNcceGs.
ful candidates, according to statements
Of expenses filed with the secretary Of
state.
Z. B. Goss, defeated for a supreme
court nomination. spent $14S.02, while
J. E. Robinson, who was the top man
in the list OF eight candidates, spent
only s14.4O.
Il. H. Macarthur, winning candidate
for the Democratic nomination for gov.
ernor, spent less than either Of his de.
feated rivals, it costing $296 to win,
! while L.. A. Platou spent S706.03 and
Halvor Halvorson spent $454.94 to
lose.
Lynn J.. Frazier, successful as the
Republican candidate for governor, had
a still more economic campaign, his ex.
penses totaling $3.50. John H. Frame.
third in the list OF candidates, spent
$S70.50.
For commissioner Of agriculture and
labor. Robert F. Flint spent $430.32
and was defeated. John N. Hagen, his
rival, spent $l2.37 and won.
Sank Deposits Increase.
With an increase of 81 state banks.
deposits have increased $50, 000, 900, and
discounts $13, 900 900, and cash on hand
and with reserve agents $1,000, 900 for
the year ending June 80 over the pre-.
vious year.
This is an exceptionally fine state.
ment for North Dakota banks. The
total loans and discounts outstanding
June 80 were SG5. S1S, S20.44. North Da.
kota state banks had 3,092, 653.33 in.
vested in banking houses. sites and
furniture and owned $2,045,5 66 worth
Of other real estate.
The amour due from reserve agents
was $l4, 036, $500 and the cash on hand
$2,33G,432 as against less than $2,OOO,.
900 in 1915.
The total assets OF the banks in 1916
were $90,935,416.30 as against $685..
O70.29 June %, 1915. This is an in.
crease of $21, OO0, 600.
During the same period the capital
stock i'll the banks had increased from
1916 less than $4,000. The total cap.
ital stock Of all banks in the state was
50, 1@,O00.0O. June 80, 1916. Surplus
and undivided profits show an increase
of half a million dollars in one year.
June %. 1915, there was on deposit
in North Dakota banks $54 ,524,276 end
on June 80, 1916, $75,137, 2GO, an in.
crease in deposits of over S2l. 600, 900.
X X
; Charge Discrimination
Charging unjust discrimination in
freight rates against the shippers OF
North Dakota, as compared With north.
western states similarly situated, a
committee OF Fargo jobbers and manu-.
5 facturers. representing the Fargo Man.
utacturers' association, has filed com.
plant with the state railroad com.
y mission. asking a fiat reduction OF 1C
1 per cent on all freight rates between
V 80 and 100 miles from point Of origin
n and a ID per cent reduction on all
freight rates for greater distances.
= The state railroad commission will
take up the complaint at a hearing "a
be held in Fargo October ), the manu-
g f%acturers, or plaintiffs, being allowed
until September ! to file briefs and ar
d guments in substantiation of thci,
o claim and the railroads being granted
~ days after that time il which tc
+ file their answer.
X X 4
For State Park At Pembina,
Plans to establish a state park a,
Pembina. at the Red river, will be ros
tered by the North Dakota Historical
society. 1t was on this ground that the
famous Selkirk settlers of the seven
" teenth century located. This land is
'e owned by the city of Pembinu. which
Will deed It to the State Historical so
II ciety.
X X
Crack Squad Stranded.
That the North Dakota Crack SouaG
was stranded for two weeks in joplin