Returns of Revenues assessed in the State.
A report has been read in the Virginia Senate from the
Auditor of Public Accounts showing the revenue assessed under the act passed in March, 1863, taxing the profits on all business, trading, speculating, &c. It is very interesting, and contains some statistics, showing conclusively that some fortunes have been made this war. It includes 45 counties and five towns.
The manufacturing business is thus divided: Tanners, 66; millers, 14; cotton and wool factories, 16; four dries, 4; coal and iron mining, 1; coal mining, 9; paper manufactory, 1; salt works, 9.
The following are the profits and tax on the same:
| Profits. | Tax. |
| Tanners | $344,006.20 | 34,460.62 |
| Millers | 251,836.50 | 25,183.65 |
| Cotton and Wool Factories | 1,781,243.40 | 178,124.31 |
| Foundries | 5,320.00 | 532.00 |
| Coal and Iron Mining | 4.257 | 425.88 |
| Coal Mining | | 278.03 |
| Paper Manufactory | 215,250.00 | 21,525.00 |
| Salt Works | 321,980.00 | 32,198.00 |
| Total | $3,016,674.90 | $301,667.49 |
The amount of profits assessed on property books (trading, &c.) was from the cities and towns, $6,900,770; and from the counties, $2,377,305--total, $9,278,076.
The total amount of profits from both manufactures and trade is put down at $12,294,750, from which the
State collects a tax of $1,229,475.
Among the profits for the year we find the following fat jobs among the returns: A merchant in
Lynchburg $131,000, and another in the same town $181,000. In
Danville one gentleman clears $118,000, and another $102,000. The highest figure in
Petersburg is $107,000. In the salt works the celebrated firm of
Stuart,
Buchanan & Co are put down as clearing $200,000.
Richmond doesn't come up to
Lynchburg, the largest fortune made in the New Jerusalem being set down at $151,638.
The cotton and woolen factories were very successful.
Ettrick's, in
Petersburg, made $355,000, and the Matoaka company, in the same city, made $279,120.
