The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-01-22
GOTHAM WORTH
s9,500,000,000.
Market Valuation" Fixed by
Assessors on Orders of
Mayor Gaynor.
GROWTH OF BILLION
SINCE LAST YEAR
Must Extend Pier Line to Ac-
cOmmOdate New LeyiatIans
on the Atlantic.
BY RALPH JOHNSON.

By Leased Wire to The Tribune
NEW YORK, Jan, 21.-It is not
only in population that New York is
setting lively pacc of growth for the
big cities of the country. In wealth she
is making even more rapid strides. The
tax assessors, who have recently fin
ished making the assessment upon
which the taxes for the year will be
levied. have Jumped real estate values
pretty nearly $900,000,000 for the year.
The total assessed valuation of all
property in only one city in the Union
was anywhere near the amount of the
increase in New York s realty. The
assessed vame of only fourteen states
OF the Union surpassed this increase.
As matter of fact, there has been
no such increase in values. but Mayor
Gaynor instructed the assessors to list
all real property at n fair market value
and the s900,OO0,00o is the result. The
total taxable value OF the city for 1911
is placed at $4,000 000.0 900. an almost
inconceivable sum, and more than
twice the assessed value of any state
i'll The Union except Pennsylvania.
Want Piers Extended.
The question Of extending the pier
line on the North river is a serious
problem Just now. The largest piers
along the water front arc now about
500 feet long. These lack nearly 100
feet OF being able TO accommodate the
great ocean steamers now being built
and NAV be 250 feet too short before
many wears have passed
The pier line is fixed by the ma
tlonal government, and a strong effort
is being made to secure permission to
build further out into the river
The shipping at The port will suffer
seriously unless the IeDgthening of
existing piers is permitted, according
10 Isalor Straus. The same authority
predicts injury 10 United States com
merce.
lit strikes ME that where every
possible effort is being made by our
diplomatic and consular representatives
abroad 10 cultivate trade. it would not
he wise 10 neglect right here at home
measures which facilitate the COM
Inerce when il reaches our shores,
snid Mr. Straus ~ am Informed that
W, have not dock facilities i'll New
York city which will enable new levia-
thans of the deep to find home for
their loading and discharge.
Zone of the most energetic fights
that is at present engaging the atten
tion of our commercial bodies is 10
have removed TIC railway discrmiDa-
fins against the port of New York,
which are divcrting transatlantic
freights from this 10 other ports. And
here we have one of the most potent
factors to copnteract such discrimina
tions. by providing facilities for these
tremendous ships. which under present
conditions would be compelled TO find
other shores than those OF Manhat.
tan
Visitors From Pacific.
There have been an unusual number
of people from Seattle and other
points in Washington in New York re-
Gently. Among others | have seen are
cx-Iudge Thomas Burke, who was
candidate for the United States SEN
ate; John Eddy, wife and daughter;
w. G. Butler. president of the First
National bank Of Everett; Horace C.
Henry. well-known railroad builder;
Charles Clark, Dr. w. C.. Shurpless,
G. D. Stevenson and Daniel Kelleher.
They are all optimists of the most
buoyant brand and are perfectly GER
tain the Pacific coast, and Washington
particularly, IS the greatest country in
the world.
Financial conditions in Washing
ton are Splendid said Mr.. Butler.
Business is not booming, but condi.
tions are sound. You might say the
people arc optimistic but conservative
The price of lumber is not what We