The evening world. Newspaper, September 29, 1919, Page 6

The Store is closed at 5 P. M. daily | B Altman & Co. Special Values are offered in a new selection of (Autumn models for practical usage) at $22.50 & 37.50 on the Third Floor A Sale of ImportedHand-emb’dLinger at the low prices quoted. s Nightrobes « ot om $208. & 3.45 Chemises ane anes 1.85 & 2.95 Drawers ‘deer ae 1.50 & 3.45 Corset Covers Tyee 1.95 & 2.50 Petticoats ten @ 2.10 & 3.25 At the same time (Sale on the Second Floor) Madison Aveme - Fifth Aueme life ings to those who take these furniture values. Posts, 98 Plain Figure Tags on Everything Consisting of BUFFET, CHINA CLOSET, SERVING TABLE, DINING TABLE 48 inches, 6 ft. extension; ‘249 Library Table In Mahogany — finish, style, with drawer; as illpstrated, at 23 Wing Rocker Upholstered in Imi- $24*| tation Leather; as OPEN SATURDAY EVENINGS illustrated ‘Mf MAKES LITTLE DIFFERENCE WHAT YOU NEED— D “WANT” SE Women’s Serge Dresses in the Department for Women’s Ready-to-wear will offer exceptional values to-morrow (Tuesday) A number of Imported Undergarments in single pieces and odd sizes will be offered at extraordinary reductions from former prices. Sew Pork ‘ Your Happiness The happiness of your home largely, upon the sort of furniture you put into your home. Qual- ity and economy combined make for appreciable sav- vantage of the opportuni- ties we offer. You need only to glance at the illustra- tions and prices to be con- vinced of the real merit of “We Make TermstoFit”’ Motor Truck Deliveries Everywhere 4-Piece American Walnut Queen Anne Period Suite Colonial FURTHER That There Should Be No Profiteering. PENALTY FOR GRE Revised “High Class” and. Specula- tive Properties. ” the alti of any landlord who tries tc use the $20,000,000 increase In as- sessed valuation of real estate when the detailed figures are made public. ‘These figures, according to Jacob A after Oct. 1. ami elevator apartments, rty and the I Dusiness 0b —Crpatad candy jan, 93.00 HOTOGRAPHS and sketches fail as words do to hint at the beauty of Ovington crys- tal. From the price you may judge the good value. but the beauty femains hidden amtil the eye itself can testify, OVINGTON’S “' The Gift Shop of Sth Ave.” 314 Fifth Av.,near 324 St. Do You Care for Your Eyes? Your eyes do a great deal for you. What do you do for them? They surely need attention—they may need glasses. Don’t neglect them! Reliable Eyesight Examination by ered E; ists. ad- Nasrau, at Ann St, West 42d _ Street. FOR TUESDAY ONLY $775 Brown KoKo Calf, welt soles and Cu- ban heels of leather, 75 $200,000,000 REALTY TAX | Here Are the Figures to Prove | Whit fats used to rent fe Valuations Affect Tt will be easy to punch a hole In Cantor, President of the Department ot Taxes and Assessmonts, will be open to the public at his office on and Cheap flats, those renting for around and small homes in the suburbs, will be handled “gently,” Mr. Cantor said. The bulk of the Increases will fall on high class residential property Buildings tn (Brooklyn: 98 Fulton St.,cor.Bond sy) Brown KoKo Calf Boots Very Specially Priced Warne EVENING WORLD, MONDAY, SEPTEMBER 29, 1919. Present conditions have resulted in bringing these properties into the lass of profitable investment, and they now will begin to bear their proper share of the tax burden, VALUABLE POINTERS FOR THE TENANTS. Any renter can easily determine just what expense is added to the up- keep of his apartment by an increase in valuation, Bach $1,00) added to the Valuation represents, at the present tax rate in Manhattan, $23.20 per! year, Thus, on a 2-flat building, the tax on each 00 of assessed valuation ig about 10 cents per month per flat. In such @ building where the rents used to be $36 a month the building may have been assessed at about $80,000, with taxes $1,548 per year, cr less than $8 per month per fiat. If! will only be paying his just taxes, according to the rent he ts receiving. | Real estate values on flat property are figured roughly by real estate men on a 10 tol basis, That is, if a flat rents for $30 @ month, the flat repre- i¢ the owner pays taxes on this increased valuation, he still is paying out only the proper proportion of his Income in taxes, ASSESSORS DO NOT GO TO Ex: | TREMES IN VALUATION, | Jt is @ fact, however, that in dull} Umes the assessors do not mark their values all the way down, and in a rising market they do not go to the | Lop, go rental inc will not be re- | flected in full in most cases, | The total assessed valuation of real estate in Greater New York for 1919 was a little more than $8,000,000,000. An increase of $200,000,000, if it could be spread evenly, would represent an | increase of 2% per cent. \ Instead of being evenly spread, however, the heaviest part of the in- crease is to fall on those classes of property indicated by Mr, Cantor, and of these the residence properties are principally in the class In which leases prevail. Landlords who have been proved Profiteers will come in for their share of t he tax burden, and the State in- come tax, of which the city will re- ceive about half of what New York City residents pay to the Btate, will relieve them still further of their net profits. The city will not receive this tax in time for the present budget. > STOWAWAY HEL D AS THIEF. Whe Says He Was French Soldier Arrested. HACKENSACK, N. J., Sept. %— Charles Delfan, eighteen, who says he is a French soldier of Lille, France, who arrived stowaway on the liner George Washington, Sept. 2, 9 in the George Fourd, nine teen, of Brooklyn, are held on the same charge. "The three are alleged to have broken into the store of Amilo Hartwell, at Cresskill, and stolen $50 worth’ of Ko! 'Here Is the Way to Ascertain What Your Rent Should Be Under the New Realty Assessment | HAVERSTRAW NOT INN. J.” Finding It tm New ¥ ‘omwick } increases in rentals have brought the Saturday morning you couldn't ha hiss rents up to 45 or $00, the new as- one wow | vowhdtansed t “Mt a rop of Cuban sugar sessment might properly be in the, ited @ house for love or money. been sold, said, mainly to foreign | neighborhood of $100,000 to $110,000,; There wasn't a “To Let” sign to| buyers, at a price averaging 6 1-2 cents | with an increase of about §2 per) ’ @ pound. Last year the Equalization month per flat. This does not indi- | be seen. Board purchased the entire Cuban crop cato that tho owner would be Justi-| hee Port Chester families moved | or more ew ei fied in trying to pass on oven the §2 | ll pata ong grb fe lcd lla increase to bis tenants, because he OD Saturday. ’ conts, The isinad’s sugar output this moving famities were those of Freight Agent Patrick F. McMahon, Mrs. Hen- Wou Anoal Marriage. ; | If tax rate io increased, taxes will be increased uit for divorce brought | Monthiy Prope Years a eat 10 points (2.420 nick before Justice | rent exe, present " tram W. Fen- } 6 720 1,670.40 006 03 72.00 06 straw 7 840 1,948.80 007 035 24.00 07 a de- 8 960 2,227.20 008 04 96.00 © 08 e found 9 1,080 2,505.60 10.80 009 045 108.00 09 and not 10 1,200 2,784.00 12.00 01 05 120.00 Ao sibel 15 1,800 4,176.00 18.00 015 075 180.00 15 with bigamy, he | 20 2,400 5,564.00 24.00 02 10 240.00 2.20 | ee eectetea * ‘The above estimates are based on a twenty-five-room flat building. Larger or smaller flats in larger or $% to $35 OF smaller buildings bear corresponding relation. Divide your monthly rent by the number of rooms {and have been boosted $25 to $60,! {mM your Gat, and find your monthly rate per room. ‘Then you can find in the second column the value per | |may show some increases, but not! room. Multiply this by the number of rooms in the building. This will give the approximate assessed | enough to justify the owners in jack- valuation that is just If the new assessed valuation is less than that, the landlord is getting all the rent ing up the rents any higher. | he is entitled to, For several years past low returns | The values in the table are fixed on the “ten-to-one” rule used by real estate men to roughly compute sles Peper aoa eat pieseny | flat values—the value ten times the annual gross income. This rule does not work precisely, but any wide and much of the increase wil Ye. Variation usually is due to speculative or other interest not shared by the tenant. shown there Present tax rates are: Manhattan, 2.32; Bronx, 2.37; Brooklyn, 2.96; Queens, 2.37; Richmond, 2.41. The Manhattan rate is used In the above computation, producing $ |TO0 LATE TO CONTINUE U.S, CONTROL OF SUGAR * One-Quarter of Cuban Crop Sold to Foreign Buyers at 6 1-2 Cents. President W. the United | Board, it wa. nion it is too la tinuation of Gove throughout 0 per $1,000 of a No Vacancies, So3 Families Go in Circle Port tia wai Mix-Up Solved and Van Man Gets His. eters ‘The National y former to consider a con- | Who took out a policy. nt sugar control | The board auto- | c. 81 | | | Jn all the City of Port Chester last Al Alr . or oO} year Is expected to be slightly larger than in 1918. American refiners, in view of the for- | eign demand and heavy domestic re- | me the Equalization Board | How come? Investigators who trailed the single hard working van report that the e now at liberty to enter t sents an investment of $3,600. On : , m for the new Cuban crop, the | this the owner ought to pay taxes, rietta von Hof und Principal Charles} ynsoid portion of which exceeds 2,950,000 if tho rental value increases to $40 L. Larder of the William Street | tons. | Ha month, the value of the property School. a cae | women ‘ased, theoretically, to $4,800 | MoMahon bought the house in| HAS HER SON ARRESTED. Marathon Place tenanted by Mrs} Von Hof and gave due notice that he had “bought to occupy.” Mother Charges Twelve-Year-Old Noy Theft of $95. Charging that his son Vincent Mrs. Von Hof's son-in-law remem=|twejve years old, had stolen $95 from | bered in this emergency that he/her two days ago and remained away | owned a cottage in Claremont Ave-|from home, Mrs, Anna 81h . 124 North First Street, F caused the arrest of the boy t The Jad h Institutions nue, occupied by Principal Larder, and, apologizing for the necessity, asked the latter please to remove. “I know what I'll do,” said the school teacher, “I'll move into the house the freight agent is leaving!" ness, it de and‘ his m rint because he Bedford o'clock one Morning, almost entirely | & yeur ag e in the public | use the boy came to | nue station at 3% Ave Freight Avent McMahon, who/naked and with gashos on his tnack: | 3 at told the i is mother had atarted it, denies any interest in the|He, {old the police his mother had moving van. 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