Decatur Daily Democrat, Volume 41, Number 42, Decatur, Adams County, 18 February 1943 — Page 4

PAGE FOUR

DECATUR DAILY DEMOCRAT Published Every greats* Except Sunday by m DECATUR DEMOCRAT CO Incorporated taiered at the Decatnr, Ind.. Pott Yfflce M Second Claw MUier H HaUar Praaident 1 R Holthouse. Bec'y A Bui Mgr Oleh D Halier Vtcs-Prestdem Subscription Rates •ingle Copies I 03 One week, by carrier 15 By Mail Within <OO MUea Due Month 35c. Three Month! >l. Six months >1 .76, One Year 13 00 ( By Mail Beyond 100 Mlle* One month 45c. Three months |1.25 Bis months >2.25. One year 14.00 Subscription! tor men in service. 13.60 per year tdvartiamg Rates made Known • -»t> Application Nations Representative SCHERRER * CO it briington Avenue Nets Tort ts East Wacker Drive Chicago . -bsriei Mwrnbvit ,1 I tit piutans League of Home Dallies Spring is on the way even though t te Indications this week were not o good. Interest Is increasing in the metal scrap Red Cross campaign L achc.U of hu.r..c ion are held In var ous parts of the county. o—o Fill out he consumer declaration M published In this paper several times and have J; ready when you apply for your war rati.n book. No. 2 It will save time a o It’s time to be getting your auto < mobile license tags and getting the in on the car The deadline Is Marc h Ist and It will be enforced —o Scrap metal Is badly needed to ke< p the big steel mills operating at full time. Let's gather every ounce of it this time and help get the war over as soon as possible. .-o—o Buy an 318.75.b0nd now. In ten years you will get >25. That's a good saving and it will help keep the boys go.ng strung over In th Island*. Africa and other parts ci the world —o The war board is *e. lously con ' sideling Issuance of an order that would dun out neon signs. dispU; windows and theater marques t< save oil and fuel. II approved bj Becrelaiy Ickes ' will be mad' national in scope —o-o™ Give to the Red Cross when lh« campaign starts March Ist. Can vasseie have been named tor each part of every township in the »oun ty to solicit scrap metal aud Red Crocs dona:Uns at the same time Make their work as easy as possible by doing your share. Branch McCracken* bghiulg Hoosiers dropped a game lo Wl* cousin after sixteen straight victories and went into second place M Ulin';is topped Minnesota. The boys have made a game fight and it’s still a great team, one of the ben ui all tU country. * o—o Rommel is making a big fling al the American forces tn North Africa and baa driven them Inch wi|b bU tank brigade and hl* air force. De taiti are not available hut don’t be discourse--'! In due time hr will •nd himself In a worse position than ever before If expert opink n Is correct 0 O- ■ The Rusaiam- are peuriug ink JCharkov iadustrUJ center uu gsain Nag| garusoo The rapid and gooUnutd of the Reda iuuks like • tvul C* Use cg«my Certainly H is far from being an •roeily nrtroet judged by the reports ol gigsulk kuwes of uses and —o-o— The lUfcohsu" have takes KharLev back from ibe Nazi sad are

I pounding on to the Dnieper river and the Poland border, overunning I all resistance and gathering : strength as they go forward it Heeina Stalin may not have to ‘ wait until autumn to make good ; his boast of "not an enemy soldier I on Russian soli.” —o Tile bitterest fight in the legislature is over the proposed township ' option bill sponsored by the AntiSaloon league. Members of the O. O P majority, realising the farreaching results cf having to go on record on a temperance measure, have been trying to forcutal) it but I those In favor Insist they want to divide the "sheep and the goats." —O—O Those people living along the eastern roast who must depend on oil for their heat will always remember the winter of '42-'43 With the temperatures below zero in that seetfon the past several days the discomforts have been real and many. Perhaps they can make some different arrangements by next winter and many will probably migrate to the deep south. O—O— Two < rrors, apparently made in the enrolling room, already have been discovered in new laws pass < d by this session of the Indiana legislature. In a banking law. the word "ration" Is used in place of .c word "ratio" and in a law pet inlug to the operation of airport I y cities the werd "leading" Is I used in place of "leasing." These errors cannot be corrected except by amendments by the legislature. O—O Two of baseballs greatest start vili enlist in the army. Joe DI ■Liggio, Yankee outfielder and otne run king, has given up a I3S.UOU job to offer bis service* as a private and Leo Durocber. nery ■ manager of the Brooklyn Dodgers I who has put on more diamond shows than any man In the game ioday has been placed In 1-A aud expert* lo be called by April, it's curb men as these who make America, who see their duty and do it. regardless of sacrifice. -O Don F Stiver. s<ste police superntendent. has warned Indiana molrists that the metalsaving 1943 tutor vehicle license tag must be ttached above or below last year’s I plate* to comply with the state aw. Stiver said that many car wners were obstructing the 1942 >late* with the strip tag. making t dlffiiult to observe the registraion number. Stale police have been natructed lo stop molo'iats whose agrt are not properly placed, he dded. Both the old and the new Iceuses must be displayed Stiver minted out that a number of notorlsts have discarded the 1942 ag. thus defeating the purpose of be new plate. Senator Thurman Biddlinger. Republican president of the Indiana stale senate doesn't like the dilaory antics of his cu-member« They efuse to attend night meetings ind Saturday session* and seem to be purposely delaying act 100 on nt pc riant bills. Th. senator spy*. When we started. ail were of one ilnd to pass remedial acta that rare necessary tor the war effort nd the budge l bill, then adjourn Bd go bume So tor we haven't arried out that program. Weye 1 passed everything frotp fishing aws to lowering the age of cob--1 lent. It tonka like we gave the 1 people just ■ happy thought." It 1 s doubtful whether the aeaata* can 1 be adjourned even a day OF two ahead of schedule. -0 Hundred* of good friends alt over i Indiana especially ia the news l paper fraternity are deeply grieved > bgcaaae pl IV death us Ur M D Bauson, of torydou. iuernaa. i wltoee fun- ret •*<* heW there to- ’ day. He was 71 years old pud as I eM toabtuned Hoosier. who hived kt* 'OssmtMH'y. sta'a and gwvrrp- , meat and was always butUtog for ■ What be felt best tor the aMjartty. t For more tboa thirty-ire year* bo

"BEAR MARKET" 11 1 M ,U. 'g'ajMjiDH ■ . JI - ■ ' ■ IM vPWr - p ft P ? fl ■ // IS /fflQ I S’ ft// W iw'xv - vl w i I 1 1 \ I Katy

Series Explains Facts Concerning Federal Income Tax Basis of Gam or Loss (Part 2) The basin for determining gain or loss, for Federal income tax pin ■ poses. where the property exchanged had been acquired by the taxpayer in payment for services rendered. is the fair market value of the property at the date of receipt. This basis is then adjusted for capital items, such as depreciation and betterments in the c«M of real estate. In the case of property acquired by gift, a distinction is made between pioperty so acquired before January 1. 1921. ami after December 31, IMO. For property acquired by gift or transfer in trust (except by devise or bequest) before January 1.193 J, the basis for determining cither gain or ions is the fair market value at the time of theg ift. or transfer in trust. 'For property acquired by gift after December 31, 1920, the basis to be used depends upon whether a probaiblc gain or a loss is involved. In determining a gain the basis is the same as it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gift. Thus, if a taxpayer received a gift of pwp.rly from bis father in 1910. the basis would be the cost (or other basis) of the property to his father (assuming his father bad bougt and had not received it as a gift), adjusted by capital items, such as depreciation and bet termcuts applicable. If however. his father bad received it also as a gift, then the basis would be the cost (or other basU) to the last person by whom it Was not acquirhad published "the Corydon Demo crat. Me served as president of the Indiana Democratic killturinl Association, was a candidate for lieutenant governor, prsideut if the Ueotgc Koger Clark Memor I*l commission and had many other honors during his life time. Mr. O Mannon was the kind of map who bad opinions and w»» pot afraid to express himself. He was a good friend, an able lap yer and Bratclass ne«»paper man. who will b< missed by many ip bis community and ovpr the entire stall I »Uacallcl usii ifciiln rkhfeeda JME’O MAK#AKIMS

usr-

DECATUR DAILY DEMOCRAT. DECATUR. INDIANA

<-d by gift, adjusted as described. (The "or other basis” meutloned lu parentheses would apply to property acqquired by the father by purchase prior to Man h 1. 1913, or by devise or l>e<|<|iiest. or other meauxi dn determining a lose on property acquired by gift after December 31. 1920 the Imais I* either the same hi it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gif', or the fair market value of the property at the time <rf the gift, | whichever is lower. In the case of property acquired by bequiwu devlae. or inheritance, the basia Is the fair market value of the property at the time ot such acquisition The time us acquisition is the date of death of the decedent, even though legal title may not pan to the legatee until a later date. No distinction applies between property ao acquired before January 1. 1921, aud after December 31. 1920. For property acquired after X)ecembcr 31. 1920. by any transfer in trust, eveept as a gift or by bequeat or devixe. the rule is that the basis for determining gaiu or lo** is th< same as it would be in the bauds of the grantor, increased in the | amount of gain or decreased in the amount of loss recognised to the grantor upon such trunafer under the law applicable to the year in which the transfer was made. The expression "Increased" etc, applies to a transfer ot property in trust for a valuable consideration. In determining the basis in the case of securities of a corporation which have been acquired at various time* and in various amounts, and which have been sold in various amount* and at various times, the general rule i* that the secur-

Boy Scouts Train as Commandos ft _ . . _ frWMLLjßgilwii CalistLaki lo delight the keait of any buy pit twiag indulged tn by Ukgae Albarabru. Cal Bt>y *.<nu» who end rgo • del* M-rfes <>( <•*,., dsc* ilmftor lo tha> pcrfoimed by t'ommaudo and Kaag' r trainee*. The cgcnlae* buiW up sturdy young budicx sad. at lhe *am« time. It's tf«it.'lHat fun tor Ike Igi*. who. llfte ail red-bfooded young American*, enjoy iburuMbb Mfeh WatohbelfeM Commando art Ruger *cunty. Nsme ar* toto lac Urt O*m!

Hies xold (ill the absence us ideiitffication of the particular securities sold) shall be charged against the earliest purcliattes of such securitle*. To determine the basis of coin I inon stock received a* a lionus with a purchase of preferred elock or bond*, the total purchase price shall be fairly apportioned between the common stock und the securities purcbasod. 0 , Household Scrapbook I ; By ROBERTA LEE 0 1- 11 -■ 0 Grainy Fudge ■Have you eG-r had grainy fudge? Thl« can be helped by putting the fudge into another dish and putting It Into cold water at ouce. l't« a silver spoon and stir (don't beat) ft will turn out like velvet. Tbe cold water comkng Into contact wiih the cooking dish is what helps the grainy inlxtuie. Painting Blackboard* Tbe blackboard should first be painted with ordinary glossy black paint. Then, after this has dried apply a coat of black paint that i ha* been mixed with turpentine, in 1 stead of oil. and it will dry a dead ' black. •swing Machine Belt ts a new hole is needed In the sewing machine belt, heat a hatpin very hot and it will plccre the belt like magic. — o Twenty Years Aqo Today • i • Fob. 1x—1923 was Sunday. _ ...., - —o Texas produces about 42 percent of the nation’s oil.

’’’’’l KROGER " I Wort* l far More Than J I jfift . This Low Price! B < jwl. KROGER’S jJI COUNTRY CLUB EVAPORATED vv u: i l f <<Ep,t ° b » Ij Ilel I S Ik American Medicci B w : - ® ssn ’ to Bu>< / 'W an 4 A Foods APPROVED J" : j i B. / IHR KO A Ivu Foundation. K »|_ APPLESAUCE N«.2||B HURRY! HURRY! Kroqsr's Country Club Sensational Offer Ends PEACHES No. 2>/, MARCH Ist! VAL VlTA—Choice Halves or Slices car ■jM FRUIT COCKTAIL «No.2llaiß» [ ENGRAVED CRYSTAL Choice Pack- "’ cans I I IRUL’V Kroner's Country Club Kroger's Avondale Hgi | LslDDEal APRICOTB 2Q C PSACHES , k Hj, p /'ii \r F No- l/Z * c,n No ' : c,n UL.Aoan rinD Country Club Red Pitted Kroger's Country Club 22 Kt. Gold Bands—Genuine CHERRIES « No. 2 SPINACH * No 2 . Safedge—B Style* •can* • cant | fanctcorn B 19® IOC Kroger'* Country Club White or Golden . cam ft TOMATOES 2Nu.2«* ■ Standard Firm Meaty Pack • cam ; Kroger. Thlron Enr ched GRAPEFRUIT JUICE 46 OZ. JaBL K CLOCK BREAD A VO nd,je Choice Country Club Fancy GHEEN ■ No. 2 PEAS. Sman a No. 2 a* b Velvety Texture — Finest BEANS... • can* Sweet.... * cam | Flavor! Tender Crust for Kroger't Avondale Starr. Fancy V K ' Easy Slicing. TOMA- a) No. 2 ■ PRUNE 4 No. 2 : ■Hi »b- f As. TOEB e,n * PLUM!.. » cam 4JH Z Loaves 19c TOMATO JUICE 460 z. JOB Money Back Guaranteed! Kroger's Country Club can |Z" JUICE Grapefruit 46 oz. jaM f For Complete Coffee Kro « er ' e Coußtry C ' ub - T ■! ? ■ Satisfaction! Fancy Michigan I Fancy Seedless Bulk M navy a to*. I RAISINS 4 tu KROGER S HOT-DATED BEANS 4 I I SPOTLIGHT Kroger * Country Club V , ’ BUTTER COrrEE Finest Creamery—Churn Fresh A Sweet .... Prints Smooth and Fragrant! AVONDALE FLOUR 24 16. ■ n>*. - Baking Tested - Mck «!■ ■ 4** Fsncy Santa Clara Strained Gerber's or ® ■ PRUNES CLAPP 8 g cam i 9 “ •* 4C-5C Size FOODS .... » . Kroger's Country Club Frssh Mild Cream K EVAP. <« Tsll « Af* CHEESE n> MILK ■ Er ■■■■■nr ->W 4 . Cri,p F>rn< California gg| S L I ..• f '4 ICEBERG HEAD / "jQftK iLfeWrJ LETTUCE ■ • i "‘w " SALAD DRESSING <H- IrH - Hlsk Kroger's Embassy ® rancy Juice Filled Florids Seedless. Juicy. SO size fl ORANGES E lbs. Me GRAPEFRUIT. A for 1» f|CELERY, Pascal MCc CARROTS 2 ll>s H Crisp. Tender stalk • W Crisp! Clipped Top* ... • ■[ I SHALLOTS bunch TANGERINES A ,h " »• B Mild and Tender Fresh Thin Skin || TOMATOES lb. NEW CABBAGE 2 lb ' 15K « Fancy Red Rip* Crisp, Solid — *■ WK Select Jersey Fine with Pess! Florida B || SWEET POTATOES — !hs. NEW POTATOESJ '»>' ■ TENDERAY Beef is Guaranteed Always FRESH and THNIiJ fe KROGER'S tENOERAY CHOICE / £ fa Sirloin Steak lb 401 ' ® MIJND-AR-STEAK “= 1 4 K SLICED BACON lb dfl c RING LIVES MALSAGE » ijl Kg BRACNbCHWEIGER •/, lb. OLD FASHION «• 2)1 ■ CAIuF BRAINS ’ » lie JLMBo BOLOGNA ■ Rich in Vitamins — Fee flic ng - » Hl Strictly Fresh Fully Dressed " A I Whrt e ■ I :.?• 55c pure ffi. x ms. 3-J gl Feet Off and Gtzxard Ctopngd. * I CHICKEN LIVERS lb. 4 I WHITING » 2)1 I BAI ER KRAI T !h IWI C SHRIMP " iSi Criap and Tangy fl* I Vem-X-Swid Vein Rtonoved ... ucHuine LAMB ROASTS lb 321 LEG O’ LAMB, lb. .. 3-k LAMB CHOPS, _sdffr LAMB STEW H>- | ■ | jg I

THURSDAY, FEBRUahy I|,