Condensed Balance Sheets - USD ($)	Oct. 31, 2015	Jan. 31, 2015
Assets
Cash and cash equivalents	$ 5,784,902	$ 8,717,943
U.S. Government securities, at amortized cost (which approximates market)	633,700	510,573
Accrued income receivable	355,567	558,385
Prepaid expenses	92,712	54,957
Current assets	6,866,881	9,841,858
U.S. Government securities, at amortized cost (which approximates market)	132,940	255,759
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 other assets	3	3
Total assets	6,999,824	10,097,620
Liabilities
Distribution payable		8,396,806
Accrued expenses	87,520	89,687
Total liabilities	87,520	8,486,493
Unallocated Reserve (Note 4)	6,912,301	1,611,124
Trust Corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 6,999,824	$ 10,097,620