NEW YORK'S WEALTH.

Inangahua Times, Volume X, Issue 1511, 18 February 1885, Page 3

NEW YORK'S WEALTH.

«• — Tha taxable valuation of property in New York City for 1884 'is 1,119.761, OOOiol— an increase of 40,000,000d0l ova* last year. One thousand sixf hundred and seventy pay on 478,0(MU OQOdol; or more than one-third the total valuation in the city, the Metropolitan Hotel property, which i« , estimated to lie worth 2,000,000d01, is assessed at 950,000d01, or less than one half. The Stewart store, on BftMuiway and Ghamtwre streets, which recently sold for 2,200,000d0l is assessed at 9So.ooodot. The W. H. Vauderltilt itoaiis'ion, which is said to have cost 2,000,<K)0dol, Is valued at 1 .eOOJ&Kidot. The Stewart mansio.i, which cost 8,000,000d01, is valued at 50#,000d0l Jay Gould lives in a honse valued at 150,0C0d0l and standing ill the name of George Opdyke. The Windsor Hotel, which cost 1.800,00<M01, is valued at 730,000<101. The W. H. Vanderbilt HoiißH is valued at 500,000ilo!. The ' Herald,' Bennett, and Mors« builtfrngs are valued respectively at 450,000d01, 500,000d01, and 350 OOOdol, wliioh is supposed to be abont half what they are worth. Ther« are 103 women who pay an aggregate of 85,8000d01, they leading being Mrs A. T. Stewart, 5,000,000dol ; Mary G. Pinkney. 2,663,000d01 ; Helen Langdon, l,018,000doJ ; and Rebecca Jones, 1,333,000d01. Among th* heaviest individual taxpayers are A. R. Eno, 4,500.000dol ; Peter Owlet, 2,900,000dol ; J. L«nno<, 2,011,000 dol ; D. O. Mills, I,5l0,000dol ; Pierre Lorilferd, M21,000d0l ;* Oonrtland Palmer, 1 .596,OOOdol ; 0. B. Potter, l,57&OODdol ; William Rhinelande.r, 2,345,000d015 ; 8. Whitney, 1,043,000 dol ; J. D. Wendell, l,625,OOOdol ; J. J. Astor, 2,050,000d0l ; William B. Astor, 15,272,000d01. Trinity Church pays on 2,893.000d01, while it owns property supposed to be worth SO.OOOjOOdJoU It is to be observed that m*ny of the waaltUi«3t men p\j on sums that bf«ar but a iniall proportion to their real worth — W. H. Vanderbilt on 2,182,000d01, and Jay Gould on 455, 000d01. The explanation is tliat the wealth of these men ccitats chiefly ©f United States bonds, which are not tatfrttaratod o'tttef stocks, the taxwi onwhich are paid by the corporations issuing them.