The evening world., 1893-07-03
over SI05,OOO,0O0.
Increased Valuations Of Real and
Personal Property.
Tax Assessment Rolls Presented
to the Aldermen To-Day.
Tho Jay Gould Personal Estate
Fixed at @lO,OOO,OOO.

The Board Of Aldermen held two meet
ings to-day.
The FIRST meeting at 10 o'clock was for
the purpose Of clearing the table OF busi-
ness prior to adjournment for the Sum-
mer vacation, which will last till Aug.
e. The second meeting was held under
the law which provides that the Alder
men shall meet on the first Monday in
July at noon for the purpose Of receiv-
ing the tax assessment rolls Of real
estate and personal property from the
Tax Commissioners.
Promptly at noon the Board received
the tax rolls. The total valuations Of
real and personal property for 1893 were
81, ,9S3, ,51S $780, the valuation of real es-
tate being $l,562, $50. .293. and OF personal
property $50, 1856, 1885, a total increase Of
los 254, ,254. divided as follows: Real es-
tate. s57.677.79O: personal property. in
cluding corporations, resident and nom
resident. and banks, S47.576, 464.
The valuations on personal estate is
based on $257, .766 of property owned
by residents, $24. .472,6 GAG of property owned
by non-residents, and $S8. 479724 Of bank
shares.
According to this valuation there was
an increase Of only a2.241.221 in the
personal property fNew Workers. ard
only 1925, ,7O4 in taxable bank shares.
The increase in real estate valuations
is accounted for in the value Of new
buildings and improvements in old build
ings. The greatest gain in real estate
valuations Is recorded In Harlem.
The increase in the Twelfth Ward
this year over last year is S16.34O. .09O. and
In the Twenty-second Ward, just below
the Twelfth. in the territory bounded
by Fihieth and Eighty-sixth street,
west Of Eighth avenue. $45,5SO. 800.
In the annexed district, the Twenty
third Ward shows enhanced valuation
Of $S,072, 175 and the Twenty fourth Ward
s1,650.976.
There is an addition Of 81, ,76s, $50 in the
Nineteenth Ward, $2,26OS2O in the FIJI
teenth and over N,0O0 900 each in the
First, Second. Third. Eighteenth and
Twenty-first wards.
The showing in personal valuations
would probably not have been made
had it not been for the 100000 900 rating
Of the personal estate Of the late Jay
Gould.
His heirs made strenuous efforts to
have the assessment reduced. The deci-
sion of the Commissioners. which was
not made public until to-day, was that
the assessment of s1O.00O,O0O shall stand
Among other estates that are assessed
for six or seven figures Is that OF the
late Sidney Dillon at $l,50o.00O.
According to unofficial figures, allow
Ing 100000 for rebates and taxes that
will not be paid, the tax rate will be 1.83.
President Barker. of the Tax Depart-
ment. would not venture an opinion on
the subject.
The Tax Commissioners wers greatly
embarrassed by the many changes In the
Board. Three new Commissioners were
anno,nted during the wear which with
appo'"'eu u"'"s '"e year. Which, VII"
total of s,x Commissioners Including the
,o'A1 oi siA So"',''siohe' "e,uu'ns tne
=, ths ocs VINO ,e e'on Dror.,or. 81 q, ,I The nsve
bill. designed to prevent the evasion OF
.,., -. -. a,,o.,.a ,,,h,o,
personal taxes. were eniorceu' "hich
personal estate values.
psoa'
Inc lax oooks "'i DC open ior puo'ic
inspection in the office OF the clerk Of
'no ~. ua.s' -,
amount each taxpayer ls assesseo VIII
be inquired our ana SET aowh oPpositu1s, s,it1,
each name That done. tne BOOKS VIII
be sent 70 tne bureau OF Arrears OF
Taxes In the Comptroller Depaftmeh,it,
ana me arrears ior water rents Will
be there added. 10, -
The Bureau OF arrears WI turn Inc me
DOCKS over 70 the Heceiper oI AaNes VINO
will begin the collection or taxes as
be about sept. |.
Last years, tax rate was i;s5; based on
the budget or lS92, which called for apout
$33,OVO,NV to be raised by taxation. me
amount required 70 be raised by tax this
year is s&.l7! 1855. to which the Alder
men may add about Sl,UV,OoO FOR deh-
c.encies.
The tax rate will be announced by
the Board OF Aldermen at meeting on