The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-04
THE BISMARCK TRIBUNE WEDNESDAY, JANUARY A. 1893


erg the operations Of the State Mill Elevator compiled
sy report Covering the first months Of 1882 to which
reports you respectfully referred for further
finances will be filed as soon as the regular auts for the
years business are furnished.
The 1891 disaster for this business from
half Of the state in the territory tributary to the State Mil
and Elevator largely its of supply of
elevator considerable storage
Kansas and Nebraska mills where prices yere
sales in North Dakota and Surrounding territory which ter
ory has heretofore been our most profitable market The
greatly reduced sales in the eastern states that taking
everything into Consideration it was exceedingly difficult
fall of 1881 and in the spring and early of 1882
The fixed charges against the Mill and Elevator amount
to annually consisting Of s2294sseo for bond
se the tor 1851 any
leaving net loss to the state of $2725379 for that
The adverse conditions above referred continued through
out most Of the year Of 1892 While the new solved
Continued The sales in North Dakota for 1882
ported the South and the large distribution
ee ast sa 2s s
State Mill, as we'll as those Of large private mills
The financial results for the first eleven months opera
ton Of 1882 slightly better than 1884, the operating
M h met
to the state Of $2o4,924os for that period. $3.50 - ~
The elevator department know is federal licensed
MouG s h e bsHs Of the evsts t
operated under state rather than under federal
pervision Of terminal warehouses An appropriate amend
ment to our state law granting the railroad commission such
HOME BUILDING ASSOCIATION AND DRAKE MILL
Pursuant the provisions Of the law the industrial
enee properties Of the Home Building and
Bank Of North Dakota commission all funds
se balance sa hsren e in the
mission has transferred all such mortgages the Bank of
y e rs''as
anty given BECAUSE in most the mortgages taken
safe margin e The Of
mortgages and contracts assigned to it by the commission
order to protect the guaranty held by the the balance
main intact until the due on these mortgages and
tracts are paid down figure that will make the bank abb
solutely safe from possible losses.
The remnants Of the Drake Mill were sold for co.
and the receipts turned into bond fund for the
Mill and Elevator bonds as provided by law.
NEW CAPITOL BUILDING
to building project Our old Capitol building was destroyed
By fire December 2s, 1850, Slightly ago.
act providing for the building Of Capitol and authorize
ing the appointment Of board of capitol commissioners to
authority granted appointed the Hon. Geo A. Bangs
Hon. G. Angus Fraser, and Hon Fred L. Conkin MEM
bers Of the Board of capitol commissioners March a. 1884,
which board Immediately organized and proceeded with its
careful and pansakng investigation the board selected
ss IT s sn eaep @ as
T. Deemer of Grand Forks and associate architects the
firm Of Hoabrd and Root of Chicago nationally known firm
lately began the important work of preparing design for
board officials. December 1881
design, with which familiar accepted by the
board and the detailed work preparing plans and specca
tons therefor began This task consumed nearly five months
Notices for bids from published in June
1882 the contracts let in july the ground broken
for the construction August 49,
Sh the cornerstone laid with elaborate and appropriate
ceremonies in the of the Honorable Chas Curtis
Gals from neghborng states and of Canada and
audience Of thousands of North Dakota citizens.
As you doubt have noticed the steel structural work is
nearly erected the administrative unit of the building
cenons are as
to enable this work steadily forward this coming
there Interruptions the administrative unit of the
new building will be ready for occupancy within from
now.
The board of capitol commissioners has prepared
have available for comprehensive, clear and de-
tailed report the work of the commissioners and wish
recommend that every member Of the legislative assembly
in detail further phase of this subject except the
problem of finances.
CAPITOL BUILDING FINANCES
100000 for Capitol building to be derived from three
follows First appropriation of 10000
from the fund.- being the the fire
collected the old building which turned to the
general