Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1918-01-30
Despite War Money Demands In.
crease Last Year Amounts
To $34, 100000.
SE|BERl|CA TO REMA|N.
Governor Recommends No Further
Action in Case and Draft Board
Member Retains His
Position.

Wartime thrift and economy among
Nlnnesotans is reflected in increases
In their bank deposits. 4 These have
gained in spite of liberal subscriptions
to the Liberty Loans, Red Croos and
other patriotic causes, according to
summaries on the latest state bank
call made public by F. E. Pearson
state superintendent of banks.
Deposits in Minnesota state banks
Increased more than $34,35O,O0O in
1917, and $3,150,00O of the increase
was after Oct. IS. when Liberty Loan
and other campaigns were taking
large sums.
In the state banks the usual per
cehtage of gains were maintained in
the face of wartime demands" said
Superintendent Pearson. "This show
ing is remarkable, because of the un.
usual financial demands, and indi-
Gates that people are learning thrift,
and are prosperous. The general f.
nanclal situation is extremely salts
factory" :
Deposits totaling $24S,31i ,O67 were
listed on Dec. 81, against those Of
$2l3,960,615 Dec. q, 1916. Cash re-
serves were maintained at high
level. in the last call amounting to
S42,911,l59 or $2S,692,749 in excess of
legal requirements, and compared
with a total of $38,7S0,2S2 Dec. q,
1915. Total assets of LIB banks az
sregated nearly 1881, 100000, having
advanced $SS, 900 in the year.
Loans were listed at $231,5OO,0O0 in
the last report, indicating a gain of
$31,46S,O0O during 1917 business.
i. + i.
seiberIich to Retain Place.
Governor Burnquist has recon.
mended that no further action re
taken in proceedings for the re-
moval of Robert seiberlich,: member
OF the state boxing commission, from
the Eighth ward draft board in Min
neapolis, his secretary, Gustaf Lind
dulst' said, following the demand by
Provost Marshal General e. H. Crow
der for the Governors recommends
ton in the case. .
Charges were made that Mr.. Sci
berlich was strongly pro-German in
his sympathies before the United
States entered the war and in vari-
Gus ways had proved himself to be
unht to serve on the draft board.
Provost Marshal General Crowder re-
fused to act without recommends.
ton from Governor Burnquist. .-
!. + 4.
New Hours at State House.
capitol offices have begun a aew
schedule of hours from $3.50 a. m. 10
$50 p m. to make up time under the
new order for all-day closing on SAT.
urdays. The Saturday closing order
was issued by Gustaf Lindquist, sec
rotary to Governor Burnquist, altar
consultations with department heads.
Fuel saving, measures adopted re-
Gently are expected to reduce the dali
ly coal consumption at the building
from an average of IA tons to con-
siderably less than 10 tons. Further
savings are being attempted at the
old capitol building
I. X i.
Hotels Face Action.
w. A. Wittbacker, state hotel in
spector, announces that 100 Min
neapolis and st. Paul hotel and
restaurant keepers who failed to paJ
the 1917 state license fee are facing
prosecution. Lists of these places
were turned over to the county at
torneys, with requests that actions be
brought against them at once. The
Minneapolis list of IS hotels ard
restaurants includes several large
ones.
i. !. i. <
$225,ooo Ore Royalties Paid State.
Payments of $225,OOO in royalties
ON iron ore taken from state-owned
mineral lands have been virtually
completed at the office Of State Treas.
urer Henry Rines. The remittances
covered amounts due for the last
quarter of 1917 J. P. Funk, mineral
lands clerk, said that the showing is
a favorable one.
i. + 4
Minnesota Ranks Ninth.
Washington, Jan. 23-Farm prod
ucts of the United States reached the
unprecedented value of $19,443,849,.
38l last year, an increase of more
than $6,000,000,000 over 1916 and al
most $9,000,00O,0O0 more than in 1915.
Minnesota ranks ninth, with crops
valued at $4SO,23O.OO
!. !.
No Legal Barrier.
Reported plans of the Consumers
United States company, an offshoot
of the Nonpartisan league to invade
Minnesota and organize chain storns
probably will not be affected by the
state blue sky law Members OF
the Minnesota Securities commission.
charged with administration of the
new statute to protect Minnesota in
vestors against wild cat investment,
schemes, expressed informal opinions
to that effect, explaining that the plan
involves simply an employment CON.