New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-10
HEAVY TAXATION FIGURES.
THE ASSESSED VALUE OF MANY OF TIE
CITY,S IMPORTANT BUILDINGS.
AMOUNTS OF PERSONAL PROPERTY CREDITED TO
EEsIDENT AND NONRESIDENT CORPokN
TIONs-eoME VALUABLE TABLES.


Not for many wears has the assessment OF TAX
valuations Of real and personal property attracted
such widespread attention as hay" tre 'aN r"'i'
of / 1913, submitted by President Edward r. BarFer
and his associates of the Tax Department to the
Poard OF Aldermen on Monday last. lhis Is parity
owing TO the uncNamplcd increase IN the real ana
personal Valuations bat il i a'so largely 'thio"'-
able to the exclusive and exhaustive presentation
which The Tribune has made of tax affairs
notably its tables and schedules printed on
Wednesday showing the gigantic Strldes
which the city has made during the
last half century eliminating in the wonderful
work Of the Tax Department for the current year.
Since this publication taxpayers, their lawyers
and agents, and others interested in such affairs,
as we'll as many students of statistics which re-
late to the question OF taxation, have been flock
ing TO the public Offices where these records are
on view, TO examine them and to draw from them
data for Investigation and research. The rolls show
nearly 80 600, 600 600 Of taxable property and an
increase of S57,677. 80 in landed values in one
year This is itself great object lesson presenting
a gain of over 40 per cent on last years increase
of about $40, 100000.
But it is in the growth Of valuations Of personal
propcrtv that the most striking evidence Of the
activity and zeal of the Tax Board and especially
of its president, Mr. Barker, has been demonstrated.
The net increase OF 1892 over SCI was S9l0l,-
146 The personal valuation Of 1913, as laid be-
fore the Common Council over and above the
aggregate of 1892. was S4;,5,6.464, or total
of personal taxable wealth Of S37O,936,l 80, as
compared with $323,3J9 612 in last years returns.
1t exhibits the unparalleled increase over las.
years advance of over 800 per cent. No such
advance was ever dreamed of by Mr.. Barker s
colleagues in the Board of Estimatc-May or Gil
roy Controller Mycio and Corporation Counsel
Clark.
When il is remembered that of the five asso-
catc Commissioners whom President Barker has
had in the last ye}r. three We're new men, with
out experience, and that only one Commissioners
Mr. Paris remained in office during the Ia
boIiouS rcrOl when the heaviest work OF the
department must be DONE il is not TO be won
dcred at that Mayor Gilroy, Controller Myers
and a the head, of municipal departments who are
convcrsant with the great difficulties which he en-
countered and the unusual obstacles which he over
came are disposnd 10 accord to President Barker
uns;intcl praise for hi. persistent. unt'rne. IN
detachable energy in the citys interest mat
his activity is of the quality which brings tangi-
bic results is found in the figures of his report
showing an Increase of assessments against resi-
dent corporations of Sl2.jJ9.sl5: against non
resident corporations OF S3,ell,sl1 against resi-
dent holders of personal securities Of Slo,oSl'-
4O6 against nonresident of 81 ,223,6 03' ana
AGAINST shareholders Of banks of SlO299,IO J
grand total S47.576,lil.
This. Il must not be forgotten. is the aggrc-
gate after the assessments have run the gantlet
of the ingenious and alert corporation lawyers
and of that peculiar class of legal practitioners
who advertise their ability TO have tax values
cut down. not to speak Of not too scrupuous tan
payers themselves during the periods which th'
statute gives for rcvsions and corrections
Not only city officials, but such stanch and
unwavering Republicans as General WAGER owaAhe'
Elihu Root and Chauncey NJ. Dcpew, whose business
calls them often to the Tax Department, have not
hesitatcd TO speak in the highest terms of Mr..
Bankers devotion TO bis duties ana slh2l"hcss
Of purpose in the cty's interests and TO his re-
markabe success in uncOvcring s'urc"s OF rcvenu"
heretofore uninvcstigated and perhaps unthousht
of.
In tie article on the valuation Of property III
tho civ. pubhshed in last Wednesdays Tribune,
q list of all the principal buildings with their
asscssed valuation was given. An additional list
Of minor buildings and their assessed valuations
has been obtained by The Tribune AMI L. pub
Iishod herewith. The valuations Of property III
Broadway. Fifth and Madison ayes. and IN several
of tho moro important smaller streets has been
carefully arranged in the following table. which
will prove Of inestmablc value 10 rcalesta'"
men The remarkable increase in the value OF
propertv above the Harlem River has been "A
subject of much talk among those Interested IN
real estate In tie Twenty fourth War; the
assessed valuation OF the real estate Tor ls"' II
S21Ol6.1G2. an increase of - .Gjo,J'0 over 1871.
in the Twcnty-thnd Ward the value OF the real
estate for 1893 j. S37, 59j,j06. an lncreas" oil
S3.O1217j over 1891. In the following LIST The
names of the owners of the buildings ana the
street numbers are given