The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1897-08-03
OVER A QUARTER MILLION.
INCREASE IN RAILROAD VAL
UATIONS FOR 1897.
This Branch of the Work Of the
State Board Of Equalization
Completed.

The State Board Of Equalization was
in executive session a long time yester-
day, and when the doors We're finally
thrown open it was announced that
the assessable valuation of the several
railroads in the State had been fixed
for the year 1897.
1t was seen at a glance that but few
changes had been made in the valuation
of any of the roads, from that agreed
on in 1896. In that year the South
Pacific Coast Railroad was assessed
for 81, 153,920, and these figures We're
cut SIS, $50, making the assessed valu-
alton of the road for this year ST.,
100, $40
In 1896 the value placed by the board
on the property of the Southern Pa
cific Company was SIG, 573, 3334 while
yesterday the valuation was fixed at
$14 ,664, $50. In 1896, however, the
242.51 miles of track between Mojave
and The Needles was assessed to the
Southern Pacific Company, though
leased to the Atlantic and Pacific sys-
TEN. On those 242.51 miles last year
the Atlantic and Pacific was assessed
$4,000 for rolling stock, while this
year, for roadbed, rails, right Of way,
franchise and rolling stock, the valu-
alton is fixed at 81, 100000.
In 1896 the Southern Pacific Com
pany paid taxes on 1,770.95 miles Of
road in the State, at a valuation of
S9,35o Al per n:ile. This year 1T will
pay taxes on l ,543.64 miles of road at
valuation of 50, 800 per mile, or an
increase per mile of SAB go.
The Pacific Coast Railroad Company,
which operates 16.10 miles of road in
San Luis Obispo and Santa Babara
Counties, was in 1896 assessed at 81 800
per mile, or "a sum total of S342, 400.
Owing to the showing made by the
agents of the corporation, the valua-
ton was cut to 1904, 400, or an even
u, 900 per mile.
The San Francisco and San Mateo
Electric Railway was in 1896 assessed
at $4,000, but this year it will pay
taxes on only 10000
The Sierra Valley Railway in 1896
paid taxes on $4,000 worth of prop
erty, While this year the valuation is
fixed at SOB, 125. In 1896, however. a
double tax was laid, the company hay-
ing failed to pay it's quota in 1895.
Last year the Pullman Car Company
was assessed at S110. 800, but since that
time forty of the cars have been made
over into day coaches, which accounts
for the difference in the valuation this
year, which is fixed at 100000.
The assessable value of two entirely
new roads was also fixed by the board.
The Alameda and San Joaquin Corral
Hollow Company, has 1888 miles of
road in Alameda and San Joaquin
Counties, and the valuation fixed by
the board was $4,000 per mile, or S143,
$40 for the entire length.
Considerable time was spent fixing
the assessable value of the San Fran
cisco and San Joaquin Valley road,
commonly called the valley Road -
but in the end the board decided that
$1,000 per mile was the proper thing,
or SS76, $40 for the line
Thus it will be seen that the decreased
valuation Of old roads since 1896
amounts to $3.50, $40, while the value of
the two new roads. S1,019,54 makes
an increase in railroad property valua-
ton over 1896 of $500 961
| The valuations fixed in 1896 on the
remainder of the roads in the State re-
main unchanged, and the taxable valu-
| alton of all the roads is as follows