The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1898-07-30


Beer and a barrel
IoDacco. ........ ...,.....12c a pound
Cigars. per 1000
Cigarettes. ........... $500 per 1000
Bank checks. stamp
Manifests of express package. ..1c stamp
Long distance telephone call. ....... 1c
Telegraph Message. 1c
I~ndemnifying bond. ............. soc
Life-insurance policy, for each BOO. 1Oc
Benefit Society Insurance-4O per cent.
of first weeks premium.
Fire Insurance-One-half of 1 per cent.
on each dollar insured.
Lease year, 25c; 5 years, 5Oc; over
/ 3 years, 81.
Mortgage-Under $1,000, e5c; for each
$500 over $1,000, 25c.
Passage to Foreign Countries-Not ex-
ceeding $780,, 81; not exceeding $50,
S3, over $50, IS.
Patent Medicine-For ca oh &c value. one
eighth of 1 per cent.
Perfumery-For each Sc value, one-eighth
of 1 per cent.
wine. a pint
OIL and Sugar-Refiners are taxed one
fourth of 1 per cent. on gross receipts
exceeding $~25O,OOO.
u aiISl
a pound
The additional tax on all fermented liq-
uors stored in warehouses and already
stamped is to be assessed and collected.
Brewers are allowed TX per cent discount
on stamps purchased. Other taxes that
went into effect with the signing of the
Dill are an additional tax of 6 cents a
pound on tobacco and snuff, an addition
al 60 cents a thousand on cigars and
olga rpffpG wniphinU ronro than f1ran
pounds to the thousand and an addition
al SO cents a thousand on cigarettes
Weighing not more than three pounds to
the thousand. A one ounce package of
smoking tobacco, n one and two-thirds
ounce, two and one-half ounce and
three and one-third ounce packages
of tobacco and snuff are author
lied in lieu of two, three and four
ounce packages. Dealers having a stock
on hand in excess of 1000 pounds of tobac-
co, or 10000 cigars or cigarettes, stamps
affixed subsequent to April IA at the old
rate, must make returns to collectors
within thirty lays for assessment of a
tax equal to one-half the difference be-
tween the tax already paid at the time
of removal from the factory and the new
rate. The excess on HAND only Is to be
returned, and the tax will be assessed on
the excess, which will be paid to collect
ors after notice. No additional stamps
are to be affixed to such stock on hand.
Upon gross receipts of persons, firms,
companies and corporations engaged in
refining petroleum and sugar, or owning
or controlling any pipe line for trans
porting oil or other products in excess of
$3.50, 900, a tax of one-quarter of l cent an
nually is imposed, which is now in effect.
Returns are 10 be made monthly. An i'm
port tax of 10 cents a pound is imposed
upon tea, which takes effect immediately,
The following special taxes take effect
on and after July 1: Bankers, gradual
ed, $50; brokers, $50; pawnbrokers. $40.
commercial brokers, $40; custom-houso
brokers, $40; proprietors of theaters, 500;
proprletors or circuses, 800; proprietors of
shows for money, $40; proprietors of bowl
ing alleys and billiard rooms, for each all
ley or table. IS; dealers in leaf tobacco,
graduated, minimum, Sc; dealers in tobac-
co whose sales exceed so, 900 pounds, s12:
manufacturers of tobacco, graduated.
minimum, Sc; manufacturers of cigars,
graduated, minimum, SO; manufacturers
and packers of mixed flour, SIP. The last
tax is not imposed until sixty lays after
the passage of the act, which would make
IT effective Aug. II. 1898. All persons en-
gagged in the business on that date are re-
CURED to make returns before the end of
August and pay the special tax, reckoned
from Aug. l, 1898, to the first day of July
following.
Wall Street Hit Hard.
1t will delight the hearts of many per-
sons to know that the Cigarette fends'
must contribute very largely to the tax.
On the 5000, 600, 600 cigarettes which thew
annually consume the tax will amount
to about $4,000, 900 more than now. AL
ready the dealers are announcing their
new price lists. Packages of six cigar
cites of the standard cheap brands will
be sold for the same price as packages of
ten are now being sold for. Men of money
who hold CnntC IN tho ~
have to pay their share toward helping
Uncle Sam win his fight against Spain
also. The tax on the transactions of tho
New York stock exchange alone will
amount to s.. 600, 900 a year and the other
exchanges will pay In proportion. Prob.
ably $5,O 900 will be raised in that way in
that city alone. The government will get
about 100000 more from the people on
Manhattan island alone through the doub-
ling of the inheritance tax, which ranges
from l per cent on you inherit
from your lineal ancestors or descendants
to 5 per cent on the fortune left you by
your wife's uncle's brothers aunt or other
distant relative.
Then there rs the tax on the big corpora.
lions and trusts to be collected, but thew
say they will not pay 1t, and will fight
the matter in the courts. An attempt tn
embarrass Uncle Sam in wa time Is a
serious matter. The trusts had better go
u olu pay lhelI way. Inc people gen.
orally, however, seem quite willing to helm
Uncle Sam to raise money.
The tax stamp of eighty cents on eyery
1000 of life insurance is expected to draw
$40, 600, 900 a year from the life insurance
companies, but the fire and marine insur-
ance companies will not contribute more
than SIS. 600, 900 a year.
Every vessel of over GOO tons entering
or clearing from any port will have To
pay a tax of S.. and this with graduated
charges on the merchandise carried will
yield about s175.o 0 a year.
Landlords will have to give I'D some.
thing. too, unless they add to the rents
of their flats and houses the fifty cents
a year which must be put on each lease
in the form of a stamp to make it valid.
On a 1000 mortgage a twenty-five cent
must be placed, and another stamp
of the same amount must be affixed for
each additional $500. On the basis of last
years mortgages on Manhattan island
the average tax on a mortgage will be
rs, and the total amount raised will be
$40, 654.75 in New York city alone.
The telegraph and telephone companies
will pay about $50, 600. 600 a year through
having to pay a one-cent stamp on every
message. the number of telegraph mes
sages sent last year being about 600, 900, 900
and the number of paid telephone mes