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VALUATION OF RACING PROPERTY RAISED. N.-w York. May 0. — Kijiht on top of the pass:ie ol the bills aimed at racing in this state, the lax commissioners are preparing to sl.arplv boost the realty valuations n three of the Long Island tracks Sln-epsln-ad Hay. Priirhton ami Oravesend. In the ins. of tic Sh.epsheail Day track, the properly of the C.iic.v Island J M-key Ilnb. the assessment has Im-cii increased from .2oo.o N» to ,000,080. Similar sharp a dain - iiav.- been mad. in the other tracks. Defor. lorniallv adoptinc the new figures, tin-tax Ix.atd will give a hearing to the projiertiea affected.
