The Montgomery advertiser., 1909-09-05
New York's Advance Was $40O. .000, ,000.
City Is Richer Than Many Foreign
 Nations.
elfth Avenue is Planning to Eclipse rhs Great white way-Most Prsfitabse Fence in The
 world l. ID Be Erected
nY LoNGAcRE.

New York. Sept, 4-The value of New York property has increased al- mott half billion dollars during the pat year. At least that is the con- cInston to be drawn from the figures of the new assessment rolls which show an increase of more than $400,- o00, ,ooo over last year. This increase ls attributed entirely to real estate and just about equals the total of the personal property of the citys in- habftants so far as the assessors have been able to determine 1t for taxing purposes. This inequality of course is due to the fact that no method has yet been discovered of making wealthy citizens dtvulge the extent of their personal holdings. Many of the most famous New York fortunes do not ap- pear at all on the tax lists, their own CTS claiming residence in Rhode Is- land. New Jersey or in the suburban districts about the city in New York state. In the case of realty. however, across the North River, the total price set upon New York's area, now amounting to six and one-half billions of dollars, invites some striking com parfsons. For instance 1t is larger than the combined valuation of the ten cities coming next in population after New York. It is greater than the total wealth of Spain. Belgium. Holland or any except the six leading foreign nations. It Is greater than the debt of any nation in the world and constitutes roughly one-fifteenth of the total wealth of the United States. In the light of these statistics 1t seems even more remarkable that Father Knickerbocker with this enor- mous sum to draw upon finds 1t so difficult to pay his heavy running ex- md n ma kA m e nj that are demanded of him.
 Fifth Avenues Way.
 For at least few nights fin the near future Broadway's fame as the Great White Way will be comparative ly dimmed by the brilliance of Fifth Avenue. This will be during the Hud- son- Fulton celebration at the end of the present month. A feature of the celebration will be a series of night parades and for these night will literally be turned into day along the street of the Four Hundred. From Washington Arch to Central Park the avenue will be festooned on both sides with strings of Electric lights. in ad- dition to it's ordinary tliuminat tion. More than twenty-five thousand elec- trio lamps will be employed with total power of nearly 6 quarter-mil- lion. The lights, which are to be strung from poles twenty-five feet high set one hundred feet apart. will form only one feature of the decora- sAons Prom each pole will float the orange. white and blue flag. which is efle official emblem of the celebration. Festoons and gariands of flowers will form an almost continuous bower along the line of march. the whole be- Ing thrown into strong relief by the brilliant illumination. In a test of the lighting arrangements two blocks were illuminated a few nights ago with the reeult that 1t was possible. to read a newspaper in any part of the street. Electrical illumination Is to be made . Heading element of the Hudson-Ful- ton celebration in all its parts, but probably no other feature will equal the beauty of the city's most fashion able thoroughfare when decked out for its part in the pageant
 A fence is usually 8 source of ex- pense rather than an income-producer but New York is about to have one which not only will be unique in this respect. but will yield its owner the handsome revenue of $1,800 @ year. There have been many instances of spite fences, erected to exclude unde- sirabie neighbors or to force the sale of property, and some of these have II