Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-07-15
PERSONAL PROPERTY.
THE WORK ON THE BOOKS FOR TIE CITY
DISTRICT COMPLETED.
FAs Total Found To Be Over Half a Million Less
Than Last Ym-Ths Csus Of he
Falling Oh.

Last evening Robert Philips Assessor
for the city district Of tho county, com
pleted the work upon his books for the
current year. AREGIsrER reporter looked
over the totals for the several districts and
found the aggregate of personal property
returned to be S4,9SS,5 $50, As against
S55l34 $50 in the same districts last year,
Mr.. Phillips territory embraces the SIX
districts of Washington, Madison, Clay,
| Union, Center, and Webster, Ritehie dis
trict, in the south end Of the city, forming
a part of the country district, assessed by
Mr.. Zane. The falling off in the property
returned, as q matter Of course, IS mainly,
dine TO the new OF
things obtaining under the recent de-
cisio1 of the powers that be at the seat OF
state Government, and is confined almost
entirely to the manufactures VI the W
For instance, in Washington district where
the Top mill, Bells foundry, N other
manufacturing establishments are located,
| the reduction in corporation eapItal, Is
s7S $40, or from $50, 600 to So, 800, while
.smoney. credits and investments Is redue-
"a from S74,S2O to $50, 100. In Madi-
ison. where there is little manu-
featuring, the corporation capital re-
mains unchanged at $1,000, while money,
credits and Investments increases nom
sag 100 TO 353, $50. In this district, how
ever merchants capital'' shrinks from
| SoI1 7B0 TO S1SS 100, and Individual
canital,, from $40, 10 to $500. In Clay,
s.rorporation capital" falls of from S74f,-
67O to 1858, $50, and money, credits and
investments" from $685., $50 to $685.
merchants c~apitaln also falls away from
| SS61 $50 to S7gS, 100. The total loss here
Is Sl47. 800. In Union, corporation
eapitaV' is cut down from
SIR $50 to Sl42, 900, money, credits n
Investments from $l73, 100 to $l52, $50,
merchants capital from $29S ITO 10
S27O. 72O, and individual capital rom
SOL $50 to 81, $40. The total shrinkage
i'm this district is $107, 159. In Centre dis
trict there is very little change, the chief
losses being $40, 900 in corporation cap
italn and IS, 900 in individual capital. y
Merchants clpital' is slightly increased.
Webster shows q total loss of $l5i,l6o
Corporation capital" is cut down from
S2ll, 10 to 500, $50.
In explaining the loss in value OF per
sonal property, Assessor Phillips said: "Of
the total loss shown in the six districts as
sessed by me, fully half a million dollars
is due 10 the change made necessary oy the
recent order. The heaviest exemption IS
500 600. for the Belmont mill, and from
that figure the loss ranges down among the
other mills, glass factories, n other con
Germs until the lowest exemption, ABOUT
800, is reached"
In Webster district, not included IN Mr..
Phillips report, thereis areductlon OF s4o,-
600 at Hobbs, BrOekunier < Co.'S glass
works. and 500 900 at the Schmulbach
brewery. A careful estimate shows a re-
duction for the entire county of SOS, 600.
A recapitulation of the return made by
Mr.. Phillips from the six districts OF Wash,
ington, Madison, Clay, Union, Centre and
Webster, gives the following result: