Condensed Balance Sheets (USD $)	Apr. 30, 2014	Jan. 31, 2014
Assets
Cash and cash equivalents	$ 518,622	$ 7,719,963
U.S. Government securities, at amortized cost (which approximates market)	82,320	205,055
Accrued income receivable	45,523	63,253
Prepaid expenses	53,972	54,950
Current assets	700,437	8,043,221
U.S. Government securities, at amortized cost (which approximates market)	528,592	510,573
Fixed property, including intangibles, at nominal values
Amended Assignment of Peters Lease	1	1
Assignment of Cloquet Lease	1	1
Certificate of beneficial interest for 13,120,010 units of land trust	1	1
Total fixed property, including intangibles, at nominal values	3	3
Total assets	1,229,032	8,553,797
Liabilities
Distribution payable		7,478,406
Accrued expenses	107,717	91,294
Total liabilities	107,717	7,569,700
Unallocated Reserve (Note 4)	1,121,312	984,094
Trust Corpus	3	3
Total Liabilities, unallocated reserve and trust corpus	$ 1,229,032	$ 8,553,797