Condensed Balance Sheets - USD ($)	Jul. 31, 2016	Jan. 31, 2016
Assets
Cash and cash equivalents	$ 6,311,545	$ 2,587,165
U.S. Government securities, at amortized cost (which approximates market)	132,940	5,740,659
Accrued income receivable	1,494,257	978,146
Prepaid expenses	134,537	54,930
Current assets	8,073,279	9,360,900
U.S. Government securities, at amortized cost (which approximates market)	373,430	456,058
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	8,446,712	9,816,961
Liabilities
Distribution payable	2,624,002	656,001
Accrued expenses	91,552	171,793
Total liabilities	2,715,554	827,794
Unallocated Reserve (Note 4)	5,731,155	8,989,164
Trust Corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 8,446,712	$ 9,816,961