The Washington times., 1919-05-22
OCCUPATIONAL TAX
LIMIT TO Be MAY 81

Washingtonians who are subject TO
the annual occupational tax today
were notified by the Bureau of In
ternal Revenue that May 81 will be
the last day allowed by law for the
fling OF return and payment of the
tax
Failure to do so renders the delin-
Quent liable to a fine of 81 900 and an
additional assessment of 25 per cent
of the amount due The penalty for
false or fraudulent return is hne
OF not more than $4,000, one years
Imprisonment. and an additional az
sessment of so per cent.
The list includes brokers, $50 ana
up; pawnbrokers, 800; ship brokers
$50; custom house brokers, $50; own
ers of theaters. museums and concert
halls. $50 to 5000: circuses. 500 in
each State or Territory; bowling al
legs, $40 and alley; pool tables. $40
each; shooting galleries. $40; riding
academies. 800; and hacking automo-
biles. SO and $50.
This occupational tax became eneC-
tive January /.
The revenue act OF 1918 also i'm
poses on pleasure boats, power boats
and sail boats of more than I'VE net
tons. and on motor boats with fixed
engines and used for pleasure. a tax
according to length and tonnage. This
tax became effective April 26, and re-
turn and payment must be made on
or before May 81.
Eugene E Allies. vice president Of
the National City Company and
-
Germ. will be transferred to New
York city on July 1 to take charge
OF the Metropolitan sales depart
ment OF the company. Mr.. Allies is
well known in financial circles here.
He is a brother OF Milton +. Allies,
prominent financier and chairman OF
the board of directors Of the Wash
ington Railway and Electric Com
pany.
He was a member OF the Central
Liberty Loan Committee. and is a
director of the American Security
and Trust Company and OF the
Young Mems Christian Association.
He first came to Washington in 1908
as an employe of the Treasury De-
partment. was in the United states
Assay Office at Seattle. later with
the Alaska Banking and Safe De-
returned to Washington in 1912 with
the brokerage firm OF James IS. Col
gate & Co.
He later became associated with
the bond house OF N w. Halsey q
Co.. and when that organization was
absorbed by the National City Com
pany became manager OF its Wash
ington office. He is a son-in-law Of
Governor Cornwell. Of West Virginia.
Richard w. Hynson. district sales
manager Of the Washington office,
will succeed Mr.. Allies in this city.
The board OF directors of the Citi
zens' Savings Bank yesterday elected
Fernand Petit, cashier of the bank,
secretary, and Arthur c. MCElroy.
president Of the National Laundry
Company, TO the board.
The annual report of the Atlantic
Coast Line for 1918 shows a surplus
of ST.1T1,954. This is equal 10 a divi-
dend OF SlO.17 on the common stock
, after all fixed charges have bern de-
Quoted. as compared with S15.TS earn
ed on the common stock in 1917.
Operating statistics for March just
| made public by the statistics section
! OF the railroad Administration SuON
decrease in net Federal II come
over the month previous OF $40
ga OS2. but gives the operating ratio
as increased to 90 per cent.
The Riggs National Bank Of Wash
inEton il listed by the Comptroller Of
the Treasury as one OF the 100 largest
national banks in the country in a
statement issued today. or these
banks New York city has 20; Phila-
delphia. S: Chicago, Z: Pittsburgh. s.
and Boston and San Francisco. each.
OF these 100 banks. 46 have re-
sources of over $50. 900. 900 and II
have assets Of over $1oO,OOo.OOO each.
| The smallest has resources OF over
! S25 100000.
Announcement was made today
/ that the directors OF the American
| Telephone and Telegraph Company
have declared dividend ~ 81
share, payable July Is TO stockhold-
ers OF record June 20.
Trading fell of today on the
Washington Stock Exchange COM
pared with the two busy days just
passed.
Columbia GraphophOne featured.
with other sales in Washington Rail
way preferred Washington Gas. and
Arlington Fire Insurance.