The Holbrook news., 1914-11-14

Bonds, Stocks, Policies, Etc.
 "AHE main provisions of the new
 war tax bill just passed by
 congress to raise approximate
 ly $1OO.OOO.OOO annual revenue. place special taxes on beer and vari- ous wines. tobacco sales. brokers. the ater managers. commission merchants, perfumery and cosmetics. bonds. stocks. promissory notes, express and freight bills of lading, telegraph and telephone messages, marine. fire and causualty insurance policies, pawn brokers and many other minor things
 The chief levies on beer. wines and liquors are: In lieu of the S1 tax now imposed by law. a tax of $1.50 per barrel on all beers will be made On all still wines. domestic and imported. the war tax will be: On each bottle containing one-fourth pint or less. H cent; over one-fourth pint and not more than one-half pint. E cent; over One-half pint and not more than one pint. cent; over one pint and not more than one quart, 2 cents; in all other containers cents per gallon.
 On all domestic and imported cham pagne and other sparkling wines and on all artiicially carbonated wines the tax will be: One-half pint or less. 5 cents. over one-half pint and not more than one pint. 10 cents; over one pint and not more than one quart. 20 cents; all other containers. 20 cents per quart On all liqueurs. cordials or sim liar compounds. domestic and import ed. the tax will be: Not more than One-half pint. 115 cents; over one-half pint and not more than one pint, 8 cents; over one pint and not more than one quart. cents; on larger contain CTS. 24 cents per gallon.
 Tax on Fertilization of Wines.
 There will also be tax of 55 cents on each taxable gallon of grape brandy or wine spirits used in the fortification of pure sweet wines
 Regarding the fortification of wines. sections 42. 43. 45. 40 and 49 of the act of Oct 1. 1890. as amended by section 6S of an act approved Aug 2S, 1894. and by an act approved June 2. 1906. are further amended in certain tech nical details Section 8 and section 6 of the act of June 2, 1906. amending the laws relating to the fortification of pure sweet wines. are amended to pro- vide for the assignment of govern ment gaugers at wineries and to pro vide a penalty of from S2OO to $1.OO0 fine for each violation.
 Special Annual Taxes.
 On and after Nov. 1. 1914 special taxes will be imposed annually as fol- lows
 Bankers shall pay $1 for each S1.OOO of capital surplus and undivided prof its Postal savings banks and savings banks having no capital stock shall not be subject to this tax.
 Brokers shall pay S30 Every per son. firm or company the law says, whose business 1t is to negotiate pur- chases or sales of stocks. bonds. ex- change. bullion. coined money. bank note promissory notes or other securi- ties. for themselves or others. shall be regarded as a broker: Provided. that any person having paid the special tax as q banker shall not be required to pay the special tax as broker
 PawnbrOkers shall pay $50 Com mercial brokers shall pay $20 Custom house brokers shall pay S1O
 Proprietors of theaters. museums and concert halls seating not exceeding 25O shall pay S25: not exceeding 800 $50: not exceeding 800. $75: over 800. $1OO
 Every edifice." the law says. used for the purpose of dramatic or operatic or other representations. plays. or per fOrmances for admission to which en- trance money is received. not including halls or armories rented or used oc- caSionally for concerts or theatrical representations. shall be regarded as a theater: Provided that whenevef any such edifce Is under ease at the pas sage of this act the tax shall be paid by the lessee. unless otherwise stipu. lated between the parties to said lease"
 Circuses shall pay S1OO in each state they exhibit PrOprietors or agents of all other public exhibitions or shows for money shall pay $lO This does not apply to Chautauquas. lecture lyceums. agricultural or industrial fairs. or exhibitions held under the auspices of religious or charita ble as- sOciationS
 Proprietors of bowling alleys and bil- Hard rooms shall pay S5 for each alley or table
 Commission merchants shall pay $20. but this does not apply to commission houses run upon cooperative plan. Any person having paid the special tax as a commercial broker shall not be re- quired to pay the special tax as com mission merchant.
 Annual Tobacco Taxes.
 On and after Nov 1. 1914. special taxes on tobacco dealers and manu- facturers will be imposed annually as follows: