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New-York tribune. (New York [N.Y.]) 1866-1924, January 11, 1920, Image 10

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Lions and All?In
Lead bv 200.000
_j *
Census Taker Finds Borough
Across River Far Ahratl
of Manliattaii, Counting
In Mules, Goats, Sheep
The baby carriage and the rubber
;ilant are about to be revenged. The
vensus maii has unearthed the secret
source of strength within the Hrook
lyn heart which enabled the tlat dwell
er of that borough to smile so plaeidly
under the jibes of the Manhattan joke- j
sters all these years.
At least the census man thinks he
has. He always had a hunch that
Brooklyn had more men, more women
and more babies than Manhattan,and
the census llgures, for the first week,
bear him out, hc says.
"The government forbids our giving
out any figuros until the end of the j
oensus-taking," announced Census Su
pervisor Dore yesterday, a triumphant
chuckle sounding u prelude to his cli- i
max, "but I don't mind telling you j
that so far Brooklyn is leading Man- j
hattan by 200,000." !
This was the great outstanding de
! velopment in the first week of the
j oensus-taking, which came to an cnd
I yesterday, and the Brooklyn politicians ]
i had a little impromptu jubilee about it.
But it is not only in mere citi
! zens that the borough of homes is in j
i the lead. It has more horses, sheep, I
j poats and mules than the skyseraper |
j borough to say nothing of lions.
"Show us the man in Manhattan that
; owns two lions," said Superviaor Dore
j pompously. "One of our enumerators
; came in much agitated yesterday, and
, said she had found a house where two j
! lions were living. The census blank |
| provides only for the enumeration of :
: horses. sheep, goats and mules. What i
1 should she do? 1 wasn't going to allow I
; this borough to be cheated out of the j
j glory of possessing two lions, so 1 told |
! her to set them down as mules, with i
i an explanatory footnote."
None To Be Left Out
The census supervisors of all other
boroughs reported yesterday that they
were well satisfied with the progress
of their task, but on the part of many
individuals there was noticed a grow
ing fear lest they should be left out.
"N'o one need *orry about beinp left
out, said Manhattan Supcrvisor Foley.
"People who are not at honie when
the enumerator calls will be visited a
second time, or a blank will be left
for them to fill out and mail. If any
on% has been left out at the end of
the census-taking he should notify this
Federal Reserve Banks
WASHINGTON, Jan. 10.?The condition of the twelve Federal Reserve
banks at the close of business January 9 was as follows:
_,... *. Januany 9. Januarv 2.
Gold com and certificates......... $220,301,000 $2:59,609000
Gold st-ttlenient fnnd (F. R. Board). H80,263,000 363 cs'ooo
Gold with foreign agencies. 123,322,000 13l'32o'ooo
Total gold held by banks. $723,886,000 $734 652 000
-,J -;"' h"A"r"} '""'"?"" "?"""'- - ,209,508,000 1,206 596 000
107,977,000 122,367,000
Gold with Federal Reserve agents. 1,209,508,000 1,205 596000
Gold redemption fund. 107,977.000 T>?'3fi7'm>n
r ??4Ul/t,dn,??.erV?iS '???:. $2,041,371,000 $2,062,615,000
Legal tender notes, silver, etc. 60,728,000 583571000
Total reserves. $2,122,099,000 $2,121 272 000
Bills discounted: Secured by U. S. war obli- *-a-i,-(4,uoo
... J?*ionS . $1,352,085,000 $1,484,262,000
All otner .?. 727.670 000 74fi <v><i'nnn
Bills bought "a open market. 574,722,000 674,681 JJS
rr JfSl ^illS 0T> Mnd......... $2,654,477,000 $7,805,818,000
United States g.wernment bor.ds. 26,836.000 '-"O 836 000
United States Vicfory notes. 264,000 '64*000
U. S. certificales cf indebtedness. 302,406,000 349,OOo',000
Total earning assets. $2,983,983,000 $11,181,808,000
Bank premtses. 10,410,000 10,369,000
Uncollected items t.jd other deductions from
gross doposits . 1.021,696,000 1,171,778 600
Five per cent redemption fund against Fed?
eral Reserve Bank notes. 13,254,000 13 130 000
All other resources .,. 5,241,000 5,733,0.00
Total resources . $6,136,083,000 $6,504,090,000
Capital paid in. $87,451,000 $87,433 000
surpius - . 120,120,000 120,120,000
Uovernment deposits . 27,798,000 38,920 000
Due to member banks?Res. account. 1,850,219,000 1,922 800000
Deferred availability items. 763,146,000 944'884'oOO
Other dep., including for. gov. credits*. 96,425,000 116,307^000
Total gross deposits. $2,737,588,000 $3,022,911,000
Fed. Res. note3 in actual circulation. 2,914,368,000 2,998 092 000
Federal Reserve Bank notes in circulation,
.? "J* "t?1"*'.. $259,099,000 258,561,000
All other habihties . 18,057,000 16,073|000
Total liabilities ..'. $6,136,683,000 $6,504,090,000
Ratio of total reserves to net deposit and Federal Reserve note liabili?
ties combined, 45.4 per cent, against 43.7 per cent the week before.
Ratio of gold reserves to Federal Reserve notes in actual circulation
after setting aside 35 per cent against net deposit liabilities, 51.5 per cent
against 49.u per cent the week before. '
Federal Income Tax Questions
(Ansicered for The Tribune by Morris F. Frey, Assistant Treas
urer of the Guaran ly Trust Company)
(?.?B. M. II.: Tn Oclober. 1919. / received
$2,000 from my employer "in recognition of
past services," covering at that time a preiod
of nine years 9 montiis.
The gift or bonus was made lo enable me
to buy a home at a time when houscs to
rent were scarce and rents exorbitant.
Is there any provision in income tax law
<>y which income used for such a purpvse n>
?not taxable?
If this inconie is taxable, ran it be as
sntrned that it covers the period of service,
and only such part <n is repreiented by the
year 1919, or one-tenth, be taxable income
for that ye.ar1}
My employer intends to chstrgc the entirc
amount off as expenses paid during 1919.
, A.? Since the $2,000 to which you refcr
was paid you in recognition of services ren
derd, it constitutes taxable income to you
and must be reported as 1919 income, since
it was received during that year.
Q.? M. D.: I have been married for sev
eral months during 1919 (from September).
tl) Am I rntitled to exemption up to $2,000
as a married man: (2) I have also had a
loss of eonsiderable property by fire, not
covered by insurance; CA) I have paid for
the support of an immediaie member of my
famUy ivho was ill for several months. Can
I make deduction for this amount as a chari
table contribution or as a dependenft
A.?(1) You are entitled to an exemption
of $2,000 if living with- your wife on De
cember 31, 1919.
(2) Losses by fire, not compensated_ for
by insurance, constitute allowable deductio.is.
Ci) lf the member of your family to whom
you refer was a person other than your
wife and was under eighteen years of age,
or incapable of self-support because mentally
or physically defective and received his chief
support from you during the taxable year,
you are entilled to an additional exemption
of $200 on hia account. Such amount ih not
an allowable deduction under the head of
charitable contributions.
<?.-?/. C.: / should like to know what tax
I have to pay on my salanj. I am a non
resident livinq in New Jersey and working
in New York. Are there any exemptions
allowed to a married manl
A./-A non-resident is Riibject to the' New
York State pcrsonal income tax on salary
earned in New York State. No personal ex?
emption is allowed under the law to a nor
resident. The law provides, however, that a
return must be filed. only in the followinB
(1) By a married person living with hus
band or wife, if his net income equala or
exceeds $2,000, and
(2) By a singlo person, or a married per?
son not living with husband or wife, if his
net; income equals or exceeds $1,000.
Under the law, however, your employer is
required to withhold 1 per cent of your en
tire salary and pay over th" same to the
State Comptrcller, if such salary paid is in
excess of V.,000.
Q.?J. /?/'. B.: 1. Is the penaion of a
Civil War reteran subject to taxationl
2. Is the interest on United States gov?
ernment bonds subject to taxation under
the aforcsaid law?
A.? 1. Pensions paid by the United States
Government to Civil War veterans are Bub
ject both to normal tax and to surtax.
2. Interest received from United States
Government bonds, issued prior to the sec
ond Liberfy Loan. and interest on 3% per
cent Victory notes is wholly exempt from
tax. Interest received on other i.ssues of
LiBerty bonds is wholly exempt from normal
tax, but from surtax only to the following
Exempt for life of bonds, 4s and 4'/4s?
Aggregate holdings of $5,000. Exempt for
five years after declaration of peace, 4s ana
4%s?Aggregate holdings of $30,000. Ex?
empt for two years after declaration of
peace, 1st 4%s (issue of.October 24, 1918
only), $30,000: 4th 4%e. $30,000. Condi
tional exemption, 4s, 2d 4*4s and 3d 4*4s?
Aggregate holdings of ?$45,000; 4s and 4Iis,
additional -$20,000.
'For two years aftev declaration of peace,
provided original suhscription was made to
,$30,009 Fourth Loan and still ovvned at. the
date of the taxpayer's inconie tax return.
If le.ss than this amount, then the exemption
is equivalent to one and one-half times the
amount so subscribed and held.
-Provided original subscription is made
for $6,700 Victory Liberty Loan of 1923 and
the notes are still owned at the date of the
taxpayer'B income tax return. If lesB than
this amount is subscribed for. then the ex
Feature Announcement of
Dining am/Bed-Room Suites
THE suites now shown on the floors devoted to our Bedroom and
?* Dining Room Furniture are a more extensive and complete
collection than at any former time.
For many months past we have anticipated the requirements of our
patrons, and have been ahle to augment our Bedroom and Dinine
huites by numerous recent additions. h
The Illustrated Suite
?a most dcsinible Colonial pal
!rrn in Mahogany?10 pieces_
is now priced at
Selected Features o/'Importance
iS?8??Z?^Jh???Zg& T^T^r ""'"?,wi" "r""' '"?-? $s'-??
Wts. $395 00 \olomal Mahogany Dining Room Suite, 10
'* pieces . SUoc nn
Qneen Arme Chest t.f Drawers?\laho(?a'iv? l.-.i;,, d ? U"-.?*v?.uu
4 ?.?, a?a, m,? ???:;;:..: u,-^m saji *? ^ **-&& &
Dresaer . $925 nn ci . ?? ?.?40?.uu
r ,. .. , D J .?W5.00 Sheraton Dining Room Suite in brown Ma
i.rotcn Ma&ogany Bedroom Suite with ebon- hogany, 10 pieces. $590 00
ized decorations. 7 pieces.$675.00 Queen Anne Dining Room Suite, Antique
Mahogany Pour Post Beds (twin si/.e only), a Ma,,,'?a">. 10 pieces.'.$690.00
strikingly unufnaJ ralue at....(each) $39.50 Colonial Dining Room Suite, beautifut Crotch
Grey Knarnel Bedroom Suite with Mue-grev Mahogany ., ?;.$1900.00
line decoration, 5 piecea.$585 00 v,? pendale Dining Room Suite, Antique
- ? . ' Mahogany, with carving on cdecs and rahrili.
Antique Jvory or <Jrry Enanwl B.droom Suite, legs, 10 pieces. .. g $885 nn
including Twin Bcda and Vanity Dreawr, 7 Colonial Sideboard of Mahoiianv'wiih ??.
f"efeS .$7?5-00 '?''??'?? ^d tcroll feet, 72 inches long! $S
62 West 45th Street, NEW YORK
, emption is equivalent to three times the
arrwiunt bo subscribed and held.
Total possible exemptions on all loans,
Q.?S. E. H.: A. is the father of a.
family, inclv-ding wife and six children living
at home, all of trhom are over nineteen
years of age and only one of whom in at
j)resen t selj-supporting.
B., the elde-si son, is self-supporting and
renders his own income tax return. He con
tributes weekly a certain suvi Urtvard the
household expenses, on which sum, considered
an board. there is no profit to the head of the
C, the second son, who v:as in the anny
servioe until the early part of last August
and who has only obtained employment with?
in the last week, has eontributcd. orensionally
small sums toward the household expenses?
so small that they would not pay (or his food
.4nj/ money he had during the last year was
obtamed from. his salary as an offirrr in-th*
army and was used to pay for clothing and
personal expenses and debts cont.racted in
cidental to his anny traivivg.
r>.. the youngest son, who is -'n his twenty.
ticth year, i? employed at a emall salary, out
of which he, pays for his own elothing and
' iiersonal cxpensee and also ronlributes a
very small sum weekly (*> the household ex
penses?barely suffioient to pay the cost of
his fond.
1. What, if anyihing, should A. return as
income on aceount of moneys received by or
j from his said sons?
2. If he must. rnaRe a return of any such
moneys, may he claim crcdit for the said
sons' respective shares of the househoUl ex
penses, ivhich household of its present char
acter and size is maintained largely for and
account of said sons?
3. In October, 1H1S, A. sold, at a loss,
shares of stock, which he had held for a
vumber of yeara. He made no claim for this
loss on his income return for li'18 because
there was not mtfficient net income from
which to deduct. it, May he deduct this loss
from this or xvbsequent years' income?
4. Are dividends on life insurance return
able as taxable income?
A.?I and 2. A. will not be required to
include in his taxable income :my of the
amounts received from B., C. and D., nor is
he permitted to take any deduction for his
sons' share of the household expenses.
I .".. Losses are deductible only from the net
income of the taxable year in which they are
I sustained. The only exception to this rule
j exiats in the ease of "net losses" sustained
during a taxable year fallinfr hetween Oc
tober 31, IfilS, and January 1. 1920, result
intr from either <1> the operation of any
business reprularly carried on by the tax
payer, or (2) the bona fide nale by the tax
payer of plant, buildinKs. machinery, equip
ment or other facillties construeted, in
.stalled or acquired by the taxpayer on or
after April 6, 1917, for the production of
articles contributinR to the piosecution of
the war. Such "net losses" shall be tieducted
from the net income of the taxpayer for the
precedins taxable year, and if in excess of
Buch net income may be deducted' from the
net income for the Bucceeding taxable year.
4. Sc-ealled "dividends" paid by a life in
surance company to its bondholders, which
represent a return of ,*-xcesa premiums col
lected, are exempt from income tax
Tarpaulins Save Furs Worth
$200,000 at Downtown Fire
Members of the Fire Patrol got their
tarpaulinst over fura in the basement
of 25 East Ninth Street last night just
as a deluge poured into the building
by engines responding to two alarms
began to descend. Furs valued at $200,
000 were saved.
The fire started on the third floor of
the six-story building which is occu
pied by the Columbia Dye Works. It
ftfrorded an intcresting spectacle to
diners at the Hotel Lafayette, across
the street. The damage was estimated
at $50,000.
Swann Demands Inquiry
Into Rothstein Case
Wants Assistant Prosecutor For
mally Exonerated From Any
Taint of Graft
District Attorney Swann said yes?
terday that he would demand a thor
ough inquiry into the Arnold Roth
stein graft allegations, in connection
with which the name of James E.
Smith, Assistant District Attorney and
official vice crusader of the District
Attorney's office, has been mentioned.
Mr. Swann announced that he had
written to Police Commissioner En
fight and Police Inspector Dominick
Henry, calling on these officials to pro
duce "every scinrtilla of evidence" they
may have on the report that $32,000
was split between an Assistant District
Attorney, a newspaper man and a for?
mer city magistrate to bring about the
dismissal last July of the indictment
against Rothstein, a gambler well
known along Broadway, who was
charged with shooting two detectives.
Commissioner Enright, according to
Mr. Swann, already has informed him
j that an inquiry directed bv him has dl.
proved the graft allegations $&*t
Attorney Swann explained, ??{??"
that he would insist upon formal *??'
dieation of the Assistant D?8?ct At'
I torney referred to in the report.
JEnvoy Is Accused of Libel
Brazilian Vice-Consul Here Su?l
for $10,000 Damages
, J.oao Carlos Muniz, vice-consul 0f
j Brazil in this city, was sued in th*
iSupreme Court yesterday for $10000
damages on allegations of slander knd
! libel. Elias Bahouth, the plaintiff j?
j employed by the Herbert B. Lede'r*.
| Company, exporters, at 91 Fifth A?.
nue. "'""
! ? lt .j? alle*ed *?>' Bahouth that th?
j Brazihan official on December 10 .*
, the consulate at 17 Battcrv Place'ar
, cused him of dishonesty. Bahouth al
j leged that Muniz caused a notice to h
posted on the door of the consulat!
saymg that Bahouth "is strictly t,?
j htbited from entering this office duV
1 to his dishonesty." '
| Bahouth says that the charge of
Muniz was without foundation and
made maliciously.
5th Avenue
Second Floor
35th Street
NOTE: Yesterday our January Clearance Sale of Suits came to a close. Ordinarily
we would make no mention of a selling event that has passed into store history, but
the savings afforded to our customers in that sale were so decisive and the selling so
enormous that we are impelled to congratulate those who were lucky enough to benefit.
anuary Clearance Sale
Large Ulsters Town Ulsters Ulsterettes
Slip-Ons Chesterfields Form-fitting Models
Formerly priced
$125. $110.
Formerly priced
$80. $75.
Formerly priced
$60. $55.
$50. $45.
%**n so
We're "all set" for the biggest
week's business in our history!
We are determined to clean out in the short space of one week what ha,
been the bulwark of our stock this season. If we virtuaUy "gave suils away?
last week, as so many of our customers admitted, then what we are about to do
th,s week in Overcoats is even more important. It is simply a s.ock-reducing
necessay ,n which we take our .oss and also our gain in ,he friends we make
Exfra Tai.ors, Fitter. and SaJesmen. No C. O. D.V No Returns. No Ap^vals.

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