INFORMATION FOR TAXPAYERS-Continued. such capital is used here as a continuous busi- Real estate was assessed upon its estimated market value for the first time in 1903, resulting in increasing the borrowing capacity of the city from about $7,000,000 to over $142,000,000. TAXABLE REAL ESTATE. The total assessed value of real estate for 1907 in entire city was $6.240,480,602; for 1906 it was $5,738,487,245. Increase for 1907 is $501,993.357. The following tabulated statement shows the assessed valuation of real estate by sections and wards in the several boroughs constituting The City of New York for the year 1907, as compared with the assessed valuation for the year 1906: Real estate of Assessment Assessment Roll, 1906. Rell, 1907. Increase. 10,442,225 13,884,225 3,442,000 $1,003,219,422 $1,085,910,610 $82,691,188 68,787,750 95,311,300 26,523,550 Total......... $1,072,007,172 $1,181,221,910 $109,214,738 Total... This includes the balance of Brooklyn in which the Section and Ward lines were changed in 1906. Ward 1... Total..... Total.... Special fran- Total......... QUEENS. Assessment Assessment Roll, 1906. Roll, 1907. Increase. $40,972,235 $55,059,065 $14,086,830 34,272,535 47,276,370 12,997,835 21,540,440 29,575,075 8,034,635 35,098,175 48,816,370 13,718.195 14,525,910 17,212,970 2,687,060 Ward 1...... $15,052,226 $16,060,612 $1,008,386 1,078, 125 Ward 3...... Ward 4..... Increase. *$6,238,730 INFORMATION FOR TAXPAYERS—Continued. ASSESSED VALUATION PERSONAL PROP THE BRONX. 1,060,330 Val. 1906. $16,001,527 Increase. *$4,265,303 1,319,145 1,083.605 $14,115,699 $18,028,857 *$3,913,158 BROOKLYN. *Decrease, 1907. The Bronx.. 14,115,699 18,028,857 5,143,737 Personal 1,496,834 ...... $71,203,875 Estates 14,976,410 Res. Corp...... 5,945,932 Non-res. cor... 740,330 Total Total Val. 1907. Val. 1906. Increase. RICHMOND. Personal 188,478,083 203,835,575 *15,357,492 Non-res. per... 65,711,510 65,928,845 Estates *217,333 Estates 88,211,015 88,211,015 10,103,995 The assessed value of real estate in January, 1907; amounts deducted on applications for correction of assessments, balance, after making corrections; amounts of assessed corporations, grand total of assessed value: In the City of New York the statement of bank assessment and the tax thereon is made by the Board of Tax Commissioners of said city on or before the 15th day of Dec. in each year, and is due and payable in the hands of the Receiver of Taxes Dec. 31. SPECIAL FRANCHISE TAXATION. Special Franchise from 1900 to 1907 (assessed) valuations fixed by the State Board of Tax Commissioners, under Chapter 712, Laws of 1899). Total Exemptions of Real Estate by Boroughs in The City of New York, from 1898 to 1907. INFORMATION FOR TAXPAYERS-Continued. Tax Rates, Manhattan. The yearly rate in New York (Manhattan) for the period since 1876 is as follows: 1876.. 2.80 [1885.. 2.40/1894..... MARKETS. Brooklyn. 1877.. 2.651886.. 1878.. 2.5511887.. 1879.. 2.581888.. 1880.. 2.5311889.. 1.9511898.. 2.29 1895.. 2.16 11896.. 2.22111897. 1.79/1901.. 2.317 1.911902.. 2.273 2.1411903.. 1.413 2.10/1904.. 1.513 2.011905.. 1.490 son 1881.. 2.621890.. 1.97|| Man. and 1882.. 2.251891.. 1.90||The 11906.. 1.478 Bronx.11907.. 1.484 1883.. 2.25/1892.. 1.85-1899.. 2.48 1884.. 2.29/1893.. 1.82||1900.. 2.24 Brooklyn Tax Rates. The following table shows rate of taxation since 1880: 1880... 2.691887... 2.76 1894... 2.62511901... 2.388 1881... 2.381888... 2.74 1895... 2.74 1902... 2.353 1882... 2.33||1889... 2.94 1896... 1897... 2.90 1903... 1.489 2.83 1904... 1.572 1883... 2.60|1890... 2.58 Nonel 1905... 1.562 1884... 2.631891... 2.5651898.. 2.36 1906... 1.537 1885... 2.9011892... 2.77 ||1899... 1886... 2.65 1893... 2.85 ||1900... 2.32 ||1907... 1.554 The varying rates in different boroughs are due to the expenses of County Government. Tax Rates, Queens and Richmond. 1901. 1907. 1906. 1905. 1904. 1903. 1902. Queens. 1,533 1,554 1,555 1,572 1,475 2,318 2.357 Rich.... 1,568 1,554 1,558 1,592 1,496 2,336 2,351 ASSESSED VALUATION-BROOKLYN. The assessed valuation in Erooklyn has risen year by year as follows: Fort Greene Pl.-Bet. Atlantic av. and HanWestern pl. Distributing branches of packing houses; also poultry wholesalers. Hudson Av. Shambles-Hudson av.. bet. Tillary and Concord, slaughtering houses. Johnson Av. Shambles-Johnson Cattle and hog slaughWhite and Bogart. tering and meat selling establishments. N. 6th-Bet. Wythe av. and Berry, meat and ice houses of Western slaughtering places. Wallabout-For history of this market, Brooklyn Daily Eagle Almanac for 1896. Revenue to the city from ground rents and farmers' fees in 1906: Rent. $54,521; fees, $8,113. Manhattan. Central-Private. Est. 1867. Fulton-City property. Beekman, Front and South. from rents and fees in 1906: Rents, $39,554; fees, $30.75. Fulton Fish (wholesale)-East side of South Ground rental st., bet. Fulton and Beekman. to city fixed at $12,000 annually. Gansevoort-City property. Washington, Gansevoort, West and Little W. 12th. Used by farmers in sale of vegetables. Revenue to city from farmers' fees in 1906 was $11,358. Harlem-Private. Opened 1891. 1st av., E. An open square in 102d and 103d and Av. A. which gardeners sell from wagons. Jefferson-City property. Est. 1832-3. 6th av., Greenwich av. and W. 10th. Revenue to the city in 1906, $9,734. Manhattan-Property of N. Y. C. and H. R. R. R. Co. 11th av., W. 34th, 35 and 12th av. Wholesaling meats and vegetables. 3d av.. Tompkins-City property. Est. 1828. E. 6th and 7th and Hall pl. Revenue to the city in 1906, $5,088. Testing Gas Meters. The law creating the Public Service Commission of New York State requires that every gas corporation shall inmeter furnished by a be inspected, proved and sealed by an If the result commission. spector of the of the test shows the meter to be 2 per cent. or more fast the customer gets his fee back from the company and is also entitled to a rebate on the bill rendered him. These fees for ordinary tin meters used in gas vary according measuring manufactured to the light size of the meters as follows, the ordinary house meter being a five light size: Year. Real Estate. 1902. $2,358,939,618 Personal. $412,388,258 1903. 3,483,79,382 1904. 3,676,857,411 1905. 3,820,754,181 549,843,253 508,478,655 568,390,790 1906. 4.105,352,281 447.184.550 1907 4,391,970,951 447,184,550 THE BRONX. 1362. $153,500,568 1903. 247,090,767 1904. 261.026.477 1305. 274,859,593 16.673.625 lights. 1906. 355,779,602 18,028,857 2 1307. 396,687,730 14,115,699 3 5 1902. $670,533.508 $85,577,102 20 1903. 853,742.357 100,052,348 30 1904 901,994,957 88,573,775 45 1905. 940,982,302 80,911.963 50 1906. 1,072,007,172 87,722,810 60 1906. 1,181,221,910 92.866.547 1907 1,181,221,910 92,866,547 For testing iron meters used in measuring natural gas the charges are based upon the capacity of the meters and range from 75c. to $10. Naval Militia Organizations. Congress at its last session. 1907, appropriated $60,000 to the various naval militia orfund United States, the ganizations of the being apportioned pro rata, in equipments, according to the strength of the organization in each state. Out of a total strength of 5,731, July 1, 1907. Cal. had 424; Conn., 200; D. of C., 320; Ga., 154; Ill., 691; La., 571; Me., 68; Md., 222; Mass., 516; Mich., 276; Minn., 134; Mo., 117; N. J., 332; N. Y., 661; N. C., 342; O., 210; Pa., 95; R. I., 196; S. C., 200. |