Arizona republican., 1919-08-13
S21,000,000
 |SINGREASE IF
 ARIZONA VALUE
Figures of Equalization
 Board just Returned Show
 Big Gain in All Property For Past Twelve Months

The assessed valuation of the state of Arizona has increased s21,000 900 during the past year, according to figures arrived at yesterday by the state tax. commission sitting as state board of equalization
 This is an increase of 2.5 per cent over 1918 and an increase of ef2 per rent over the assessed valuation of 1911. the last year as territory. The increase, according to c. M. Zander, chairman of the board is the best evi- dence yet produced that the state IS growing, and is only forerunner oi how valuations are going to increase in the next eight years
 The state tax rate was raised 9So per cent, going from 39 cents to oV cents.
 The assessed valuation of the state as arrived at by the county assessors and the state tax commission was $852, 6O5OI0 Taking this figure as basis to work upon. the state board of equalization increased and de- creased various valuations in the diff ferent counties until they had ar rived at a net increase for the state of ss55. .00o, 900 as against $S34,000, GOO for the year of 1918.
 Raise Standard Oil Everywhere
 In every county the valuation of property owned and income made by the Standard Oil company of Caiifor- nia was raised by the board, resulting in a total valuation of s1.155,0SO- The figures which the Standard Oil com pany claimed it should pay taxes on were given by the company as sS4o,- n00 The principal argument between the board and the company was as to T a Of fuel oil in this state. The company contends that as all fuel oil is sold from California and does not come through the Arizona agency, they should not pay taxes on Il in this state The board of equalization is of the opinion that this income should be faxed in this state and has added it to the net valuation.
 In 1918 when the board arrived at the valuationso of the Standard Oil com pany the same question was raised, and the company took the case into the courts, where it is still pending.
 The board has been working with the oil company for months to arrive at the figures as given above. An ln- come statement for the entire Stand ard Oil company of California was called for and showed total invest mG0l or 9lOf ,@0 JUL. VI 1AiS diilOuht 2,994,0 900 was assigned to the pipe line department, manufacturing de- partment, marine department and sales department. The Federal Trade Com mission apportioned the investment be- tween the several departments so that the investment in the sales department equaIled 27 .65 per cent of the four de- partments.
 Largest Gain in Gila
 The Standard Oil company then all located their net income in the same proportion and divided the net income of Arizona in the same proportion that the gross sales of Arizona bore to the total gross sales of the entire company.
 In so doing they did not include the income from sales of crude oil. By adding that income the board more than doubled the valuation of the com pany.
 0ila county shows the largest in- crease over 1918 of any county of the state. The net increase in that county is s4,20S, ,S0665. Maricepa county is second. with an increase of S95S, 15961 and Yavapai county shows the third highest increase with S309.006.
 Cochise county shows the greatest loss over last year of any county in the state, her net decrease being sl,-