Condensed Balance Sheets (USD $)	Apr. 30, 2015	Jan. 31, 2015
Assets
Cash and cash equivalents	$ 802,802	$ 8,717,943
U.S. Government securities, at amortized cost (which approximates market)	528,593	510,573
Accrued income receivable	1,023,223	558,385
Prepaid expenses	55,874	54,957
Current assets	2,410,492	9,841,858
U.S. Government securities, at amortized cost (which approximates market)	238,047	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	2,648,542	10,097,620
Liabilities
Distribution payable		8,396,806
Accrued expenses	97,149	89,687
Total liabilities	97,149	8,486,493
Unallocated Reserve (Note 4)	2,551,390	1,611,124
Trust Corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 2,648,542	$ 10,097,620