Decatur Daily Democrat, Volume 50, Number 298, Decatur, Adams County, 18 December 1952 — Page 12

PAGE FOUR-A

Stresses Need For Good Farm Records Farm Record, Tax School Held Here\ ! “Good farm are Lindjspensible for malting an accurate and complete tax report,” according to A. M. Nichter, Purdue" University . agricultural extension ecoat a farm record and income tax school held Tuesday evening in the ’ Lincoln school, Decatur. Seventy-three : farmers attended the meeting and raisdd many questions on keeping farm records and Income tax reporting. , Nichter stated that it is important that complete records of all farm transactions he kept, including dates of purchases t.and sales and depreciation of farm improvements," machinery, purchased dairy, breeding and wbrk stock

ZWICKS I I Christmas i || Gift Suggestions f « * 1 — I Santa can | hardly get" a r Beautiful New * CHROME S I BREAKFAST j I SUITE ~; j | Down The Chimney * ... But We Can 8 Get It In The Door. g | TABLE & CHAIRS I •69-»s j 2 if R * 9 / ‘ i* I v • S I ZWICKS I ft Busy Selling Quality 4 Furniture Since 1898. p 5 ■ »

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Yours—the lilting beauty of Polonaise ' ' U-! ■ ■ '. '. ■ . '] ' ■ :■ ; # THE DIAMOND LOOK* ■ ■ -." a" ' v'r I '->ls I s■' BY sl t KRAMER - J ' ' ' Wk ' La®! -< : I I (4Unusual, beautiful and subtly flattering—our Polonaise collection that combines crystal with natural or French grey pearls or jewel-toned drops. '. 1 ’ •* . . \ —>l V ' • ’ •'• 1 ; . ? . 1 4, I Delicately contrived necklaces, earrings, bracelets, , pins... from $ 1.20 to $50.00* ♦ Tax not included d ■ . ’v ' ':' ■ 1 : ~ ~[< ■ < *’■ ■ ' Z*X jfls Zfts. $' ■ 1 ’ ’ I 1 ' >: - ' - -‘k I l '- r k-' (S3j 'Or AS SEEN IN VOGUE BOWER JEWELRY STORE

and other depreciable items. From such records the tax liability on the sale of these items can be ate curately determined, and in many cases substantial tax sayings fan be made, lie a]«o explained that only the gains made on shell sales are taken into account for tax purposes. Furthermore, only one-half of such gains are taxable if h>Uchinery and equipment totems were - held Over six months, and pur- ' chased dairy, breeding and work ’ stock were held 12 months or long- ' er. Nichter explained that certain ' types of farm development costs ’ such as clearing land, new open ’ ditches, terracing, earthen dams ’ for farm ponds and removal of stumps and timber apd cost of Im--1 provemenfe to the taxpayer’s hiime cap not be deducted for tax, ijiur- • poses as current operating i es nor through.depreciation. Hbw- • ever, fanners should keep a record i of such expanses as they are jail ■ taken into account, in determining I taxable gains or losses, whenever the farm is sold. ' , i , Farmers ih attendance were ipformed that record books especial- ’ ly designed for keeping farm iTci ords for income tax reporting are J available at the cost of printing t at the county agricultural agent’s LW* s /. hn J Doused In Midstream i FRESNO. Calif,, UP — District J Bremen will go anywhere to put f out a blaze. They winded into Kings J River ta\put out a blaz r e in a flcjat- ' ing, mattress which they feafed | would, lodge along the bank ijind ' set a grass fire.i L - ' . . —) ! Acid soil and high moisture lejvel ’ is necesshry for suepess with bl.ue- ! berry plants'. i[ ) ; V- I-1 ' APPOIXTMUNT OF AIIMIMSTHATOtt n«». isai Notice In hereby given. That Hhg undersigned ahis beep appointed J idj- ' -min Istra tor-of the estate' of FreenV'in ’ J. Uriek, late of’ Adams County!, deceased. Tlye estate is probablj! < solvent. RK >Bi:i:T D. URICK ! Administra ;or SEVERIN 11. SCHURGER i December 1, 1952. 12/4—ll—lß • I ‘ NOTICE OF FIN At. SETTI.F.MIAT , OF FSTIjTE i ! j No. 4740 Notice -is hereby : given to the creditors, v heirs and legatees of - Etta Jones, <tece:lsed to appear in tire Adams Circuit rourt, held at • Decatur, Indiana, orfr the sth <tay df January, I>s.‘! ( . hod show carted, if any; why the FINAL. SETT'ILEf\ MEXT ACCiU'XTif vrith the estate of S lid lent shi>bld not lie ;I|. proved: and" said heirs are notified k to then ajtd/.there inake proof [of heilrship and receive their dtstriwu]- | i tive shares:: ■; . s . I i_. ETHEL AYRES? AdmlniStraitHg Decatur, Indiana, liei-viiiber 10, Attorneys (TSTEK AXI > SMITH t

Further Boost Seen n Newspaper Price NEW YORK UP — The aevendent or 10-cent newspaper ]be t|he paper of the future in metropolitan areas unless stop going up, one of tAe country’s top Newsprint authorities said today. “A price of seven, cents or 10 cents will be necessary for newspapers, especially in the larger < cities, unless inflation ends,” said W. G. Chandler, a director of the' Association. , V , ' Higher newsprint prices and j rising labor costs are the two i main factors driving up the circulation rates, he said. American publishers now are getting' all the newsprint they want, but they are paying the highest prices in more than 31 years for it, according to industry sources. Successive newsprint price > increases of $lO a ton in July, 1951, and again in Jline, 1952. hiked the bill for publishers.on this one item ! alone at the rate of $119,009,00(1 a year. • j\ \ ■ . \.\ Canada supplies about SO . per cent of our newsprint. Last year, U. S. newspapers used up a record 5,975.000 tons, according to the American Newspaper Publishers Association. ’) 1 " For the first 10 months of 1952. the .ANPA reported, consumption, i was running 0.7 percent ahead of i the like period last year. What will he the cost of newsprint in the future? That is the $64 question—for the publishers and ultimately, for the public.. IReflectihg the rising cost of newsprint,, equipment and \labor the price of newspapers all over the country has gone up in the past few years. The penny paper, which once flourished in big cities, has disappeared. \ According to .ANPA records, the last penny paper disappeared in 1947. Earlier this year, the ANPA released figures showing a total of IS dailv naners selling for 10 cents. '

1 1 ' Urtliv papt-is ivi I’ l I vilirb !- ’ ' *.; . •• - 1 •' 1 ;TrJ. ~ ■ I 1 ' f: ~ . !r\ """* . ' '.?? '■' 1 , ■ ’■■ . ■ 1 —, 7=r — a ' i~ "H"■ i' / L&w'w'- Awl. J r. ♦ • zSigL | oeiuke yWONDEREEiy I Shakespeare Glass Fly Rods President Reels Shakespeare Glass Casting Rods Direct Drive Reels Action Rods Marhoff Reels T . \ . Montague Rods \ ‘ . i Deluxe ,Won<Jer Reels True Temper Rods Light Weight Wonder ,L Shakespeare Fly and Casting Lines Reels j . ; V. S. Fly and Casting Lines Silent Tru Art Auto- | V . ■ .„ ,- . . • ' matic Fly Reels . . L' ’' i- \ ' J -—' . ' Pflueger Supreme Reels . ! • Boyt Gun Cases . Pflueger Skill Kast Ithaca Light Weight Pump Guns Pflueger Knoby Re£ls \ i 12 ga. 16 ga. 20 ga. • • • '•.- -■ ' : i' Single Barrel Shot Guns Remington Rifles w Im Mossberg Rifles -Ivv ————r—— Il Skates -Hunting Coats - Pants - Socks - Il WL "" BASKETBALLS BhJW FOOTBALLS BASKETBALL GOALS / Skates ’'l j SLEDS Champion -Flexible Flyer Hockey sticks . \ Silver Streek LEE HARDWARE \I ■ ' ’ ° . . ... . L. ■_ L

DECATUR DAILY DEMOCRAT, DECATUR, J i

compared with only } fivp at this price in 1942. In the sauie period, the number of seveij-cent papers jumped from four to [35. The number of nickel newspapers nearly doubled.) There were 806 dailies selling for a picket in 1942, against 1,583 early this year, ANPA records showed. -- t~! 4 . Americans eat an estimated 27,-. 000,000 sandwiches a day, according to The American Magazine,

I Always A Good Gift CANDY ! I I ■k. rV. ' r’ al \ Tas,e templing niels, fruit and nut centers . . . whatever your favorites, you’ll ■ fin< * l * len ’ *ft in our a »B° rte ' ments. Order y now! Milk or semisweet chocolate i covered.' Pounds Pounds p 2 and 5 Pounds wA Kohne Drug Store j

j— 1 , Dog Joins ,In Prjeyer MEMPHIS, Tenn., UP. — A cocker spaniel owned 1»y Essie Marquard sits against a footstool with its head down between her paws when Miss Marquard says iter Babylonians and Egyptians produced beautiful and intricate nete dlework 1 with crude fish-bone neo- ■■ 1 . A I Trade In a Good Town—Decaturl

l—| l ||flM^lHMllilil l > ■■ .111 LORDS ! . ■n jh V- .■'■ ' ■ '■ a • 1 ■■ ■ ' ! ■ . < • ■■ ' -am A, .' r ■ Christmas SALE '■ ' ■- -■ ‘. T ' ' L.' ; ■ . ■ - | N O W O N! REPEATING A Sell - Out ) ' , -■ . - ) . ) > V <5 NEW 100% ALL -WOOL. Winter Coats •TWEEDS 99 /■WnT •CHECKS u P I • PLAIDS' ■ W I £1 ACTUAL S3O VALUES 1 SENSATIONAL VALUES IN HOLIDAY ft’’ DRESSES <= HUNDREDS TO CHOOSE FROM ! ' ■ V 1 J .I' •'■ EXCITING ROBES! Cz AT GKEAT SAVINGS! ’w • Beautiful Chenilles 4*99 • Luxurious Satins I 1 up • Gorgeous Quilts • Daring Prints e Lounging Pajamas GIFT SUGGESTIONS! AT PRICES “LESS THAN ELSEWHERE” Lace Trimmed' f \ New Holiday 5L1P5...... 100 BLOUSES..... A' oo - [' 1 ' ' i' 1 1 "' ' 1 '' U | All-Wwl-Nylon i 2 , o , ,! LAVISH ' — — SWEATERS■■ 1-59 JP | [PARTIES.... 3 ?. c ,rJ Children s Gift Wonders «- ‘r ’■ •''■ ■. I ' ’I : • ■t J I I ! ! * • Lovely Blouses.... d • Beautiful Slips.... 1 00 • Lavish Panties .>.. * up • Stunning Dresses.. 4 99 * Slip 5et5......... * up • Coats (Exciting)... 9*99 up DOLL SENSATION!! ' YES! A 24” DOLL ... VALUED AT 5.99 . . r - ■ p i.;. - : •?> r t■ ■ I 127 Second H Decatur,

* THURSDAY, DECEMBER 18, 1952