The Bemidji daily pioneer., 1914-07-18
Less Than in 1912.

to be $1,664,229.
Less Than in 1912.
This amount covers both real
estate and personal property and
shows the assessed value of the city,
under the new rules of taxation, to
be less than in 1912, when it was
$1,S76,S54.
Real Estate Value Greater.
According to the figures Of Asses
SET Lloyd, the assessed value of the
real estate, within the city limits,
amounts to $1,1SO,156, it's full value
amounting to $2,S77, 600 The
assessed value of real estate in 1912
was $1,165,158, a difference of
$l4 1898, in the assessed value.
+ Difference in Personal Property.
The big difference in the assessed
value of the city this year and in
1912 is caused in figuring the per
sonal property. The full value of
tie personal property this year is
r. raced at $1,467,926, which is given
al assessed value of $484,073. In
1912 the assessed value of personal
property was $757,8l6.
Moneys and Credits. ~
Mr.. , Lloyd's figures concerning
moneys and credits amount to
$}86,233. This is taken from the
amount of money subject to check
in the banks; money which is rep
resented by certificate of deposit
Or cashiers check; promissory notes;
bonds; real estate mortgages; chattle
mortgages; judgments; book ac-.
counts; contracts for sale of real
estate, in this other states and an
n:1ities, royalties and sums of money
receivable at stated periods.
Personal Property. ~
While under the new law personal
property is divided into four classes,
only three are considered in Bemidji,
the first being assessments on ore
and mine land, of which there is
none here. In cases whehe there is
iron ore land the property is assess
ed at SO per cent of its full value.
The second class, assessed at rs per
cent of it's true and full value, in
cludes household furniture, books,
sewing machines, diamonds, silver
plate and plated wear, pianos and all
other personal property. This class
has an assessed value of $32,373, and
and true and full value of $129,-
442. -.
Assessed at One Third.
Property placed in the third class
is assessed at one-third per cent of
| its value and includes horses, mules,
CATTLE, animals of all kinds, farm
tools, implements and machinery,
wagons and harnesses, automobiles,
lumber, merchandise stocks, office
and store furniture, printing office
equipments; machinery in various
enterprises. True and full value,
|$1,214, 172, which is given an as
sessed valuation of $401,675.
| Pianos and Autos.
One hundred and thirty-eight pia-
nos are listed with the assessor, be-
ing assessed at $4,36O. The record
does not give the number of diamonds,
but places the assessments on jewel
ry at $2,264. 1t also shows that at
| the close of last April, machines COM
ing into the city after the first of
May not being included, there were
10S automobiles in Bemidji, the as
sessed value being placed at
$22,47O. There are 208 horses and
mules over three years of age, as
sessed at $6,763. There are SO
cows, 1876 wagons and the lumber,
lath and shingles is assessed at $1O7,-
loss, and the logs and poles at $121,-
436.
Bank Stock Included.
The fourth class, the property of
which is assessed at 40 per cent, in
cludes elevators and warehouses
along railroad lines, bank stock,
shares of stock in companies not in
! the state, and property assessed and
valued as bonds and stocks. This
class is placed at an assessed value Of
s49,740, its true and full value be-
ing $124,34S.
| The addition of few drops Of
paraffin to the powder used in clean
sing silver improves the polish and
makes it last longer.