Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-08-01

Assessment, 1901. >. ). -. $4i,011 .25S
Assessment, 1902. ;. -. 5l.1l2,Sl4
No changes were made i'm the assess
ments of the Iowa Central and the Wa
bash systems. OF the total assessment
but $4,000 is made on new track.
Little Relative Increase.
While actually there has been a large
increase in the assessment. as COM
pared with the gross earnings. there
has been but a small relative raise. Tie
total assessment a year ago was $40
01l,25S. The gross earnings the pre-
ceding year We're $52.341,S17 The per-
centage of assessment to gross earn
ings WAS 500. The gross earnings re-
ported this year for 1901 We're s56.079.-
9i5. The percentage of this years as
sessment to the gross earnings of the
road is little over 81 per cent. In 9TH
er words. on the basis of gross earn
ings. the assessment of this year is l
per cent greater than it was a year ago.
The assessment was completed at a
late hour last night. Ii was after 10
O'Clock when the council finished its la
-.
noon ard evening. In addition TO com
pleting the railroad assessment the
levy for 1902 was fixed, the assessments
on telephone, telegraph and express
companies We're finished. and also those
OH sleeping cars, and the equalization
was concluded. The work of certifying
out the railroad assessment Will be at
once begun by Secretary Dawson of the
executive council. The law requires the
to be certified out by the
first Monday in August, which will be
next Monday.
State Levy 3.5 Mills.
The executive council fixed the
of the general stTe levy for
1902 at 3.5 mills. This will raise ac-
cording to the estimates of the Treasure
Ct, the sum of s1?25. 900 The Twenty
ninth general assembly fixed on S.
800. 600 as the sum to be raised this year.
by the levy for general state purposes.
This amount, however, was based OH
estimates of the ways and means COM
lnittee that did not include the St56,000
lately received from Washington in
payment of interest on war bonds and
war warrants. The council, after add
vising With the attorney general, con-
sidered it had the right to take this I'M
expected income into account and il
was to the extent of S305,O00.
The levy named here, 3.5 mills. does
rot include the special levies for the ed
ccational institutions amounting to a
salf mill. The actual levy this year for
all state purposes will therefore be 4
mills.
The Express Assessment.
The railroad assessment is given else
where. The council last night an
,ounced the express. telephone, tele-
graph and sleeping car assessments.
The aggregate taxable valuation of
he express companies in Iowa for 1902
S S366,273, distributed as follows:
Rate Per Taxable
Miles. Mile. Naluat'n.
american Exp Co. .2.43O $40 97.236.52
5nited States Ass 40 167.549.6S
adams 1851 40 74.315.a2
sreat Northern. -. Il 80 2.s39.4o
pacific .... 200 80 6.270.3o
Nells-Fargo 61S so 1s.564.7S
The aggregate taxable value of ex-
press lines last year was S26l.5S7. so
hat the increase is S104.696. The in
.rease in the actual valuation would be
our times the increase in the taxable !
-aluation. or s41S,7S4.
Telegraph and Telephone Assessments.
The actual valuation of the telegraph
nd telephone property of the state is
,,aced at S6.515.496. The taxable valu- !
toin is s1.62S,124. or one-fourth the
.ctual valuation.
Last year the telephone and tele-
.raph companies We're given an actual
.aluation of $5.2oO.996. And the taxa
Ne valuation was $1,300.24S. The in
rease in the actual valuation over last /
ear is, therefore. s1,3l1.504. and the /
aNable valuation is increased S327,976
t should be noticed however. there ara
early double the number of telephone
or total of over 700.
The council as q board of equaiza-
ion made no changes in the assess
merits as reported by the county audi
ors.
Harvest in Osceola County.
Sibley, Aug. 1.-The harvest is pro-
ressing satisfactorily. Much of the |
-,;n &c a., shock and soma In .taclS