The Carbon County news., 1930-01-02

507.7 miles. The cost of the federal
aid highways under construction in
the Treasure state is listed at &c.
715,5O0 of which $3,960,226 is fed
ederal aid money. In addition the
state has 1921 miles approved for
construction to cost $1,226.343, of
which amount $695,227 is federal ap-
preparations.
Value of Products
Statistics compiled by Jay G. Dia-
mond of Helena, federal agricultural
statistician, in cooperation with
Warren w. Moses, chief of the pub
licity division of the state depart
ment of agriculture show the fol-
lowing production values for 1929:
Total crops, s93.479, 900; logs and
timber cut, s4,500,000, metals mined,
$62, 100000; coal mined, $9,348,OO0;
oil and gas producted, $685. 900;
manufactures-valu Of production
less value of materials, s72,OO0,000;
livestock marketed less value of
crops fed to livestock sold, $56,004,-
600; miscellaneous-gypsum, lime
rock, etc., 100000.
Increases over 1928 are; Livestock,
$836,000; metals, s14,oo9 900; coal,
$2,3o3,oO0; oil and gas, $s25,0OO, and
manufactures, $2,000,000.
Judge J. j. Greene OF the state
board of equalization has made an
analysis of 1929 assessment reports
that is significant:
The assessed valuation Of the prop
erty in Montana has increased $780,
517,847,847, or 1896 percent. This
represents additions made since
March, 1927, but does not include the
states construction program Of the
spring, summer and fall of 1929,
which will be assessed in March, 1880.
The assessment rolls show an adj
dition of 710,570 acres of agricultural
land.
City and town lots show an in
crease of 100000 and Improvements
on these lots an increase of $3,242,-
7G9.
Industrial improvements have in
creased $2,200,000. All improvements
show an increase of $6,000,000, or
about two and one-third percent.
Livestock Increases
Cattle have increased $4,000 in
number and S2,930000 in value.
Sheep have increased 100000 in
number and $4,100,000 in value.
All livestock has increased $6,780,-
900 in value-nearly 10 percent.
Household furniture is assessed at
$1,000,000 more than in 1928, a gain
of about 71A percent.
Farm machinery, including trac-
tors, has increased $4,150,0 ,000- about
80 percent.
Goods, wares and merchandise show
a gain of S2,O00,000 or about per
cent.
National bank stock increased ST.
100000, about 371a percent, and
moneyed capital of other banks has
increased $400,0O0, about percent.
Perhaps no better index to general
business conditions can be found
than study of the corporation Ii
cense taxes paid to the state. Wher
the amount of these taxes increases
it means the profits of business have
grown.
The largest increase ever shown II
the collection of the Montana cor
poration license tax was made fol
the fiscal year ending June 80, 1929
according to James H. Stewart, chair
man Of the state board of equaliza
ton. The report of the department
shows a gain of $95,509.42, or ap
proximately 38 percent increase ovel
the previous year.
Record is made
The grand total of tax collected
last year amounted to $245,014.27. Al
the close of business this year the
total determination of the ia,
amounted to $344,51769. The report
of the state treasurer shows that
there was collected $340,302.13. O1
this amount the state board of equal
ization collected $11, ,816.21 as the re
suit of audits.
This is the largest increase in the
payment of corporation license ia,
ever shown since the law was enact
ed. Mr.. Stewart stated that not only
was there an increase of tax pait
but the number of corporations pay
ing the tax increased by 207. He al
so stated that 1876 corporations pait
the tax this year for the first time
These figures would tend to show
that the general economic condition
of all classes of business is better to-
day than it has been any time since
the war.
This tax is procured by levying ar
assessment of l per cent on the mel
income of all corporations transact
ing business in Montana, whether do
mestic or foreign, with the exception
that each corporation is allowed ar
initial deduction of $4,000.
An examination of part OF these
returns for the last year shows a
large increase in the amount OF bust