OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, June 26, 1915, LAST EDITION, Image 3

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1915-06-26/ed-1/seq-3/

What is OCR?


Thumbnail for

i -ry--' uijd" tH''"J iiJ3in , a-nrW
ASSESSORS' BOOKS SHOW NEWSPAPERS ANtf
DEPARTMENT STORES DODGE TAXES
Once in a great while we get a
chance to peep into the life of large
corporations. This chance came yes
terday when the board of assessors
opened its books to the newspapers.
Some interesting figures were list
ed beside the names of our daily jour-
nals. The Post, the respectable Chi
cago Evening Post, which advertises
itself as the official newspaper of the
city of Chicago, did not come for
ward and file a schedule of its per
sonal property, the books showed.
The Post was penalized at $3,500
for failure to declare itself, accord
ing to the records. Its total assess
ment, including the penalty, was
$10,500.
The Daily Journal listed its per
sonal property at $35,000, the Her
ald at $64,000, the News at $445,577,
and the Tribune at $417,875.
Then came some strange figures.
The Evening American Publishing
Co.. under which, according: to the
books the Examiner and American'
personal properties are listed, was
assessed at only $38,892.
The American, claiming a larger
circulation than the Tribune and
News, together with the Examiner,
was listed at less than one-tenth of
the personal property valuation of
the News.
Jim Keeleys Herald, listed with
the assessors as the Record-Herald,
had its assessments reduced from
$100,000 to $64,000, despite the Her
ald's claim of increasing circulation
which requires a larger plant.
The News, too, although it has
been claiming gains in- circulation
9 and prosperity, had its personal prop
erty assessment reduced from $470,
000 to $445,577.
The department store figures were
strange. The books of the assessor's
offices showed up the Boston Store as
a taxdodger. A penalty of $200,000
was added to the $400,000 assessment
placed against the store,
Then some queer figures showed.
The last valuation of the Boston
Store personal property, according tri
the records, was $1,500,000. The
Boston Store failed to file a schedule
this year and was assessed at $400,-
000. With the penalty of $200,000
the Boston Store will pay personal
property taxes on less than half than
it did. Sometimes it pays to be as
sessed and penalized.
The Marshall Field store leads the
list in the size of its valuation and
will be assessed on a $6,827,853 basis!
Handel's with $805,000 is next Hill
man's declared $225,000.
Siegel, Cooper & Co. must have a
sad tale to tell the board of assessors
because the schedule of the store was
reduced from $350,000 to $242,275.
Likewise The Fair, which scheduled
$783,418 formerly, claimed only to
have $609,963 in personal property.
o o
EXPLOSIVES FOUND IN CANADA
MOTOR FACTORY
Windsor, Ont., June 26. Sixty
sticks of dynamite found in rear of
Gramm Motor Co., in Ford City, are
being used as clue to perpetrators of
Peabody overall factory explosion
last Monday. William Lafler, 45, who
claims he is Canadian of Holland
parentage, being held in connection
with outrages. He denies all knowl
edge of affair.
o o
Urbana, III. Jury found Harry
Glasscock guilty of murder of his
wife, who was slain and her body
partly incinerated last March. Life
imprisonment.
Milwaukee. Rev. Frank N. West
cott, 56, former rector of Episcopal
church at Skaneatelas, N.Y., hanged
himself from a bedpost in room at
Columbia hospital. Despondent.
Cadillac, Mich. Bloodhounds on
trail of Austin Cams, 20, who late
yesterday shot and seriously wound
ed Policeman Dan Levin.

xml | txt