Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-01-01
NAMES WEALTH.
vauat on Increased NearI,
s;x:e N Millions Of Dollars.
N SIS he Passing Record Of the
Past Two Years.
Re ,Ort ! + Star Assessors Shows BIZ.
GAN in Values.

p. ,ort + Star Assessors Shows Big
GAN in Values.
10 a, nual r., ort of the State Board
90 ~ ssors M the year 1902 has been
.a7 tod To Az Governor and Council
IN soona printed for public dis
r., nnt ion EIay two years the asses
mako q wv valuation of the
C,ate r, 1@ the total value of all
~ .ronartvil the State was $685.
eoqee IF as expected that the vail
uatie n fo,. tn resent year would show
~, Il crease several millions of dol
lsrs but If u as not anticipated that
ubo all II figures were tabulated
that such splendid increase would
he s,own a, IS evident from peru
sal of the assessors report. Yet
sucl is thu TACT A gam VI nearly
s1s 70. 900 in tie valuation of the
whcl, Stan is )wn by the figures
incc poratd in TIE complete report.
IT'S is sple d showing and one;
,vbi he people # the State will be
ptaf welcome Through it's means
SIX. Is 25wiil be ilded to the mill tax
for tn benefit { the public schools
for each of the wo years to come.
The military fur for the support of
he National Guard will be increased
from s3s,669.96 to $35,222.SS, gain of
| s1552e2 In fact, the increased val
uatiDn will add greatly to the univer-
sal tluation everywhere apparent.
iii total valuation of the State for
tn vear 1902 is $352,22S,S97. The to-
| tai lcrcase over the valuation of two
yes lgo IS $15,529,24S. This increase
is made up as follows:
Total increase of real and
personal estates, $S,SS0,227
Total increase of wild
lands and public lands, 6,649,021
Total amount, $15,529, 24S
In compliance with an order passed
by the last Legislature requiring the
board to carefully investigate the value
of the wild lands in this State with a
view of bringing the State valuation of
lUt SdIlle u IL JuSl dllu 1ull VALUE, tut
assessors have devoted a large por-
ton of the present year to that work
and as a result of their labors the
value of wild lands, including public
lots, has been increased to the extent
Of $6,649,O21, viz.
The valuation of the same
in 1902 is $26,2S0, T76
The valuation of the same
in 1900 was 1851, 755
s6,649,021
Beside this amount of increase, the
wild lands have been reduced in Pen
obscot county by organization of the
town of Milinocket 100000, and in
Aroostook county by Sheridan plant :
ton, now Ashland, $56,S07.
This class of property has advanced
in value rapidly during the past two
or three yedfss and the assessors be-
lieve these binds are today worth the
valuation thev*11stve placed upon them.
by comparing the returns of valu-
atoms as made by assessors of cities
and towns for the years 1900 and 1902
HNWill be seen that nearly every item
or class of property shows an increase
The returns of local assessors for the
present year show an increase in the
value of real estate for the two years
of s11,974,56S. of personal estate $780,
So, total of $13,SS5,135. Tie returns
of real estate no doubt shov approx
mately the actual increase in value
but the returns of personal estate dc
not. Maine is not exempt rom the
general condition prevailing in nearly
every state, which is the apparent in
ability of assessors to reach all form,
Of property.
The value of live stock for the two
years shows an increase OF s737 SG,
money at interest $1,67S,43 stock in
trade s637,e97, trust companies stock
$6e,59S. shipping $114,S7S, logs and lum-
der S364,S 81, wood and bari $7O.456
musical instruments $194, O21, carriages
$4O26 furniture $143,04O, real estate OF
railroads $222,S15, of street railroads
S6l 600, property exempted from taxa.
ton decrease of $137, 4S1. Bank STOCK
shows decrease of $472,774, corpora.
'iSii StoSho iOl CluSSlIleU, q decrease OF
So. 475.
Great credit is due the assessors OF
cities and towns for the abe ant
efficient aid and work they haze giver
IN the past and especially is this the
case during the last two years.
Thelr returns for the present veal
snow an aggregate valuation O. more
than S5,0Oo,Oo0 nearer the State valua.
lion than before, thus bringing theil
returns to within less than 81 pei
cent. of the State Observation-Disclosures
O. lew years ago it was over Is PEI cent
below.
Aroostook county shows the hrges,
increase in property of any County in
the State. viz, $2,527,75S, and it. in
crease IN live stock is also the largest
pelng S234,53l as per assessors returns.
me amounts of taxes assessed or
corporations. etc, for the years 1906
ma 1902, are as follows:
1900. DJ2.