The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-07-26

The compilation being made by County
Assessor Bailey, OF the value OF real ana
personal property in King county Is iase
nearing completion. With the exception
Of one or two items the report is prac-
tically finished. The valuation OF the
county as shown by the report, mas IN
creased wonderfully. the gain over last
year being fully s7,ooooo0 The principal
item OF increase is in the value OF tide
lands which have not been assessed since
1897. when the prices were not nearly as
high as now The whole county mas
shown a healthy gain arising OUT OF the
great acreage OF new land which mas
been broken and improved. the Increased
number OF homesteads and the great I'M
petus given to building operations. The
number of new mills and logging camps
in the county also assist materially In the
increase
The greater proportion OF the increase.
however, is in the city OF Seattle. since
the last assessment of real property Sc
attic real estate has taken "a decided
Jump. Many new and valuable business
blocks have been erected and the general
air of prosperity has manifested itself
In the building of many new homes ana
the great Improvement of others. With
In the city is also included. in the new
limits. a much larger tract of tide lands,
extending from Smiths cove down to the
southern end OF the bay. The active
competition between the different lines
OF railway and the mighty strides made by
manufacturing concerns has tended to
increase the value OF these lands Be-
sides. in the last year many new enter
prises have started, demanding locations
on the water front. The building OF new
docks and wharves OF great value has
helped swell the enormous increase.
Outside the city these tide lands have
MI 4x,nr gaA tn, af4tA Ia lu nf l.
lard and West Seattle. The total valua-
ton OF the tide lands has not yet been
recapitulated, but conservative estf-
mate places the figure at over S3.0000Qc.
The increase In transportation and ship
ping facilities, with the larger number of
steamers and sailing vessels at this port
since last year has increased the general
valuation.
The value OF the real and personal
property this year liz placed approximate
ly at over s5l ,000.000 while last year IL
ran only to Sat,st4Ia2. This years total
Personal property, county, incWding
Ballard, u,4i7.So: personal, old city linz
IFS. S.Asi,ssi: personal new limits. $685.
Real property. county, yo655 30: old
city limits s26.s9i,5so; new limits, 50. 0s7. 500.
Tide lands. estimated, S30oo.oo0.
Railroad property, actual value. 1857,
Last year the total real property OF the
county amounted TO SIS, 0is.7s9, and the
personal property TO s6.926013. The real
property OF the old city limits was valued
at s246is.405 and the personal property
at sS.5ls.T7s. In the new limits real prop
erty aggregated sl.9ts.o7+ and the personal
property tloS.0l2 comparison of the
figures readily shows the gains this year
Another item to be noted In this years
valuation Is the larger amount OF prop
erty exempt from taxation. Last year II
amounted TO slightly over SslS.000 while
this year Assessor Bailey states that II
win 20 above 81. 00O.Wo
This valuation made by the assessor Is
not. however. that which will appear on
the Official record In the auditors re-
port. The board OF equalization will be-
gin three weeks session next Monday
to consider all disputes as to the assesses
or's valuation and 1t Is possible that the
figures In some Instances may he changed
The assessors once has been very busy
since tho outside men finished their work
In June. In that time they have exam
ined and entered over 10000 descriptions
of real estate and 1900 personal assess
ments. Only a little recapitulation work
remains and II will be done In ample time
for the board of equalization 10 20 to
work