The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-26
ITS TAXABLE VALUES
MINNESOTA ASSESSMENTS NEXT
YEAR WILL BE ON ABOUT
S6oO,Oo0,OOo
REVISED FIGURES SENT OUT
Board Of Equalization Raised the
Realty Assessment to > fS9, 00O,-
600, while the Personal Prop
erty is SIO9,OOO,OOO More
Since Two Years Ago 100000
Acres Have Been Added.


The total valuation of real property
for the state of Minnesota this year
s4Ss, 500, 7S9, and personal property, $780,
792, 757. making total valuation of real
and personal property for 1898 of $685.
1858. $40
These figures were given out by State
Auditor Dunn yesterday, based on the
changes made by the state board of
equalization at its session early in the
fall The total valuation is the lowest
Of any year since 1883, with the eXcep-
ton of 1896, when the valuation for real
and personal property was placed at
about sixteen million less. The valua-
ton of realty has been increased $32,-
100000 this year over and above the
returns made by the assessors. The
county boards raised the assessors fig
ures $18, COO, 000 and the state board in
creased the valuation $14,000,0 900 over
the returns made by county boards.
With the exception of the valuation
placed on real property in 1885, the fig
ures for 1898 are $50, 900 short of any
year since 1889. However, values seem
to be going up, as this years figures
are materially higher than 1896, when
the board made some sweeping reduc-
tons on account of the depression in
realty values which followed the nu-
state.
The board of equalization assessed
QYeF-2. 900 more acres Of land this
year than two years ago. The law
passed at the 1895 session of the leg
1Slature taxing unused railroad lands
is largely responsible for this increase
and next year will see a still greater in
crease in the taxable acreage, as the
law has not been in effect sufficiently
long TO determine just how much of
this property is held by the railroad
companies. In 1896, 81 ,422, 800 acres Of
land were subject to taxation, and this
year the state auditors books show a
total taxable acreage of 80, 422, 300.
The personal property assessments
since 1890 have varied but little from
year TO year.
The figures as compiled by State
Auditor Dunn are as follows:
Personal Property
1890 ....... $103, SOB 390l1896 .... $l04 629 800
1892 ....... ia, 1856 S76l1S98 ..... 109 792, 757
1894 los. Sol 1881
1t will be seen from the above that
the personal property valuation is high
er this year than any year since 1888.
with the exception of 1892, when it was
nearly five millions above the figures
for this year.
Real Estate
1890 49,. .$497, 12S 295I1Sss ... $47S Ia, 654
1892 al l1657 1898 49S, $50. 7S9
Some interesting facts can be culled
from the auditors figures. For In
stance, the valuation placed on horses
in 1892 was at the rate Of $5370 per
head. and this year 1t is S26. SO per head.
just one-half the valuation Of six years
ago. The figures tell very accurately of
the condition of values, as 1t is well
known that values placed on horseflesh
ROW are just about half what they
We're few years ago
In 1894, SAB oxen were assessed In
the various counties Of the state; two
years later there We're but 1925, and
this year returns have been made for
but ]. 545. While oxen have decreased,
horses have increased 10 per cent per
year. but the values have been stead
fly on the decrease. The decrease in
the price Of horses is attributed to,
firsf. the application of steam and cleo
tricity. and. second, the large importa-
ton and breeding. which has been more
than ample to supply the market de-
ma1dS
The valuation of the city of Duluth
was decreased 81, 900, 900. and 81. zoo. 900
was added to the valuation of the iron
mines in Northern st. Louis county
which substantially left the county's
assessment where 1t was two years ago.