Rensselaer Republican, Volume 24, Number 3, Rensselaer, Jasper County, 17 September 1891 — RAILROAD TAXES GREATLY INCREASED. [ARTICLE]

RAILROAD TAXES GREATLY INCREASED.

Table* Showing the Former and Present Valuations Placed Ppon the Property rs Railway Corporations—Large Increases In Many Cases. The State Board of Tax Commissioners has completed its labors. The total inereasi in valuation of railroads over 1890 is $90,5,37,951; an increase of 129 3-5 per cent. Tip estimated increase in the valuation of telephone and telegraph properties is $1,230,000 The total increase in corporation assessments is $1,908,251, making an aggregate increase of valuations of these three . classes of $94,205,150. The grand total o) all taxable property in the State is $1.359,558.799, as agamst r sß43,4B3»466\jact year The increase will thus reach close to $500,060,000, and the State's revenue be increased from about $1,400,000 to $2,417,103.83. The following table will show the assessment* of the various railroads in the State, as compared to those of last year: ' u - railroads. , Increase Ste. „ , I Over 1890 Total Av. Total Av. As’ess'm’t per m As’ess’m't. P'r m. Attica, Covington & Southern 78,051 5,395 $ 140,837 10,215 $ 62 771 Baltimore & Ohio and Chicago 2,011,750 13,746 4,609,895 38,332 2 598*272 Bedford & Bloomfield 78,519 1,898 291,914 7,057 ’ais’acs Belt Railroad (Indianapolis) 530,880 43.947 2,910,000 304,712 2 379*12(1 Cairo, Vincennes & Chicago....: 35,710 5,213 82,440 12,035 ’46 730 Chicago & Erie 2,018,465 12,634 5.611.131 35.05 ft s sibmi Chicago & Calamut Terminal. 60,3581 9,759 74,880 10,401 gUiM Chicago & Indiana Coal. 1,418,770 8,620 4.451,355 27.063 3 032*585 Chicago & Grand Trunk 1,468,325 18,244 3,044,988 37.834 1 576 653 Chicago & West Michigan 241,277 7,001 410,680 11,918 169 403 Cincinnati, Hamilton & Indianapolis.. 884.140 11,297 2,740,382 35,017 1 856*°92 Cincinnati, Lafayette St Chicago 273,155 11,500; 883,085 37,140 ’eoß*93C Cincinnati, Richmond & Fort Wayne.. Cincinnati <fc Southern Ohio River 29,235 ] 7,741 36,852 11,20! ’ 7 617 Cincinnati, Wabash & Michigan 250,880, 7,300 1,823,349 10,816 Clevel'd, Cinc’ti, Chicago & St. Louis • : ’ Indianapolis division ;.... . 1,437,340 17,143 2,998,856 35,757 1 560 71C St. Louis division.... 1,205,780 14,983 2,814,679 34,978 1*608*899 Chicago Whitewater division 276,075 4,434 j 558,550 - 8,971 382*475 Lawrenceburg branch 26,950 9,226 37,575 12.56? 8*625 Harrison ; Branch........... 7,200 5,832 10.160 12,555 2’ r 6n Columbus, Hope <fc Greensburg.. .... 187.580 7,725 384.487 16,285 207*907 Eel River. 846,176 8,544 1,667,785 16,860 82L609 Elgin, Joliet & Eastern - 146,699 6,882 476,930 22,520 330 330 Evansville Belt 25,820 5,802 79,450 17,854 , 53 670 Evansville & Indianapolis 563,965 4.125 1,713,254 12 645 1 149 °B<i Evansville <fe Richmond 293,020 3,.551 1,042,365 10.262 *749*345 Evansville, Suburban & Newburg 48,12 ) 4,424 154,185 14,145 105 865 Evansville <fe Terre Evansville. Terre Haute & Chicago.... 443,900 10,282 1,119,310 25,927 *675*410 Fairland, Franklin & Martinsville... . 272,290] 7,122 428,417 11.206 156’127 FortWayne, Cincinnati <L Louisville.. 773,580 6,027 2,246,747 17.481 1 473*167 Fort Wayne & Grand Rapids & Indiana... 631.790 11,890 1,016,326 19,136 384 536 Henderson Bridge Company 282,662 29,474 627,660 66,380 '344 998 Indiana Block Coal. * 68,320 5 371 155,724 12,242 87 404 Indiana, Illinois & lowa 189,493 3,848 405.505 8,235 216*012 indiana <fc Illinois 50uthern........... 110,000 3,437 338,050 10,581 ndianapolis, Decatur & Western...... 514,550 6,747 1,498,162 19,645 983*612 Indiana & Lake Michigan 116.605 8 188 ’ Indianapolis Union 579,0003,064,000 ’*"‘> 485 000 Indianapolis & Vincennes 736,550 6,299 2,456,654 21,011 1*720* IC4 Island Coal Branch, I. <fc V 57,960 4,047 174,930 14 741 116 970 Gosport Branch, I. &V• ■• • 16,720 4,000 52]907 12 275 36 187 Joliet & Northern Indiana 231.075 14,290 259,603 16,781 28*534 Kentucky & Indiana Bridge Company.. 59,800 ......! 206,230 .. 146*430 Lake Erie & Western.... 2,880,910 9,084 5.558,943 17,531 2,678.033 Lake Shore <fc Michigan Southern 4,356.530 28,485 8.141,325 52 516 3 784 795 i Louisville, Evansville & St. Louis 1,610,098 7,681 3,814,918 18*203 2*‘ > o4’B2o Louisville & Nashville. 431,334 15,225 795,831 27,668 * 364*497 Louisville, New Albany & Chicago - 3,861,131 8,531 9,490,015 21,023 5 628*884 Louisville, New Albany & Corydon.... 37,250 3,239 81,187 7,645 43*937 Louisville Bridge Company 80,000 240,000 ifo 000 ■Louisville <fe Jeffersonville Bridge Co 80,635 ’ Michigan Central 1,511,490 35,650 1,504,251 35,700 Michigan Air-Line 80,220 13.235 79,220 13 072 * Midland 252,950 3,418 518.045 6>28 265,095 New Albany Belt and Terminal.. 200,000 (OOOfi New Albany Highland ; 20,000 16,80 c I New York, Chicago & St. Louis 2,453,218 16,237 5,289.326 35,0241' 2,837,101 Ohio Valley. 24,348 5,742 ! 53,412 12,657' 29,054 Ohio & Mississippi...... 3,159,347 13,542 6,541,203 28.038 3,381,856 Orleans, West Baden & French Lick.... 94,240 5,3241 187,040 10 567 92 800 Peoria & Eastern, western division™, 719,035 9.1 r O, 2,434,938 30,981 1 715*903 Peoria <fc Eastern, eastern diyision 678,655 8,783 1,938,897 25,922 1 260 245 Peoria. Decatur & Evansville ... .7 293,114 7,771 659,381 17,480 *366,*267 Peru & Detroit 65,620 9 038 Pittsburg, Cincinnati, Chicago & St. L. 8,432,400 13,030 22,656,370 35*010 14 234 078 Pittsburg, Ft. Wayne & Chicago 5,738,200! 37,6K)j 10,903,070 71,4691 5*164*87C Rantoul.... 33,298| 4.0501 90,536 11,014 57.238 State Line & Indiana City 42,210 12,567 94.324 27,795 52 114 Sturgis, Goshen & St. Louis 119,345 4,654 285.351 11,121 186J106 Terre Haute & Indianapolis 1,740,107 23,030 2,920,257 36,451' 1,180,15« lerre Haute & LoganSpOTt.,:.....™™:. 1,140,628 6,247 t -2,821,476 15,454 1 680 845 Toledo, St. Louis & Kansas City 1,182,210 6.906 | 2,638,480 15.411 1*456*27« Vernon, Greensburg & Rushville «49,890 7,653 1 545,7(X 12,251 *204*811 Wfbash. . 2,919,445 17,587 4,658,501 24,063 1,73»;06» White River (Kingan & Co.) 5,040 , 31,500 26^460 f ; Totals $69,762,676 $160,809,575 $90,557,95 4 * Michigan Central assessment reduced $7,239; Michigan Air Line reduced SI,OOO, RECAPITULATION i- r , . , Miles. Value. Main track.. f. 6,015.58 $127,149,232 Second track 159.37 2,901,180 Side-track..; ...1,490.96 6,646,355 Rolling stock ... n * 5,873,83 21,598,416 Improvements on right of way. 2,514,398 "Total valuation fur 1891 t;: ::: ........SIOO,-809^75