Morning Oregonian. (Portland, Or.) 1861-1937, January 24, 1921, Page 15, Image 15

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Wives Must File Report, Rev
enue Bureau Rules.
jecal Blanks for Recording Live
fclovk l'rodui and Miscella
neous Sales Provided.
For the thousands of farmers who
aro this year required to file an In
come tax return and pay tax on their
net income for 1920 the problem of
correctly making out the forms is
less Intricate than in former years,
according to information sent out by
ho bureau of internal revenue.
Kvery sinqle person the term in
cluding widows, widowers and per
sons not living with wife or husband
pilose nel income for the year 1320
was $10"() or jnore and every married
person livinir with hiisbJind or wife
whose net income was JjnOU or more
must file a return with the collector
of internal revenue for the district
in which they live.
Jf the aggregate net Income of hus
band and wife equaled or exceeded
12000 and was less than jr.onu each
may make a separate return or the
Income of each may be included in
a single Joint return. In the case of
husband and wife whose combined
net Income exceeded $5000, separate
returns should be made showing the
respective amount of income. This
Js for the purpose of computing cor
rectly the surtax which applies only
to incomes in excess of $.00. The
period for filing- is from JanunTy 1
to March 15, J921.
Minora' Inrome Included.
In the return of married persons
Trust he included the income of de
pendent minor children. If, for ex
ample, the husband's net income was
I1SU0. that of his wife VoOQ and that
of two minor sons, whose earnings
are appropriated by the parents, JI00
each, a return must be made of the
total family income of 33100.
As an aid to farmers, the bureau
of internal revenue has had prepared
& special furni 1010F for recording
sales of lives' k, produce and miscel
laneous receipts. .All farm income
from any source whatever must be
-. reported in this schedule.
Treasury regulations provide that
In his return of gross income a farmer
shall include "all gains, profits and
Income derived from the sale or ex
change of farm products, whether
produced on the farm or purchased or
resold." When he exchanges his
", products for groceries, clothing or
merchandise, he must include in his
gross income the value of the articles
received in exchange. A farmer who
rents his farm or part of his farm
on a crop-share basis must report as
Income the profit from such tansac
tion. Profit from the sale of farm
land or livestock must be included.
If the land sold was purchased prior
to March 1, 1913 the date the first
income tax law became effective
v the amount to be reported as income
, Is the difference between the fair
market valu-e of the land as at that
-J . - 1 . 1. . . ; .
uaie ttuu cue amount received.
Net Income Defined.
Net Income, upon which the tax is
assessed, is gross income, less certain
specified deductions. All necessary
expenses incurred during the year
1920 in the operation of a farm are
deductible items. These include tne
cost of cultivation, harvesting and
marketing crops and the cost of seed
and fertilizer used. Amounts expend
ed for the cost of feed for livestock
may be claimed, but the value of a
farmer's own products used for such
purpose is not a deductible item. The
cost of farm tools used un in the
course of th year, wages paid to em
ployes (other than domestic servants)
and rent paid for farm lands and
. buildings (other than the dwelling),
cost of repairs to fences, wagons and
machinery are deductible items, also
bills paid for horseshoeing, stock
powders, rock salt, veterinary serv
ice, insurance (except on dwelling),
gasoline for operating power, and
sundry minor expenses.-
Cost of purchase of farm machinery
of permanent character, such &j
Barry and Martha Wilson are the'
members. These 13-year-old girls
prepared 120 dishes and served 404 I
persons during the year.
Two of the girls, Martha Wilson
and Golda Hartley, attended the boys' i
and girls' summer school at Oregon
Agricultural college last year, the
proceeds of a series of cooked food
salee paying their expenses.
m m
Tafvr"0 It it iiirwvfl 1 n ti Cjwkt f'rfnt
riddle, or., Jan. 2j.-(Speci.L)- Articles of Incorporation Are
For the first time in history saw- rilJ rnlUnn
logs are to be floated . down Cow Filed at PenDletOn.
creek to a eawmill. Several hun
dred thousand feet are now being
logged .Into the stream five miles
south of Kiddle and will In a few
days be drivn down to tW lumbering
the sales department. For the first
time in three or four months sales
were made on a f. o. b. basis on the
Pacific coast instead of from prunes
stored In the east.
i f .. . it
1 1 j"x v if
t ' " . 1 1
4" ' " "
I p 4 w i. $ 3
U I a ;:
If ' - ;:
4 w - i f if
tk ' V h" ! ',
4 v ,
x . ::
Cnrl K. Crook, enohier r na
tional Bank of Cioldrndalr.
plant of the Kufer-Crahane company.
which commenced operations a few
weeks ago.
Bu vinos Men and Farmers Sub
scribe lo Stork Officers Are
Rc-clcctcd for Year.
GOLDkXD.VLE. Wash., , Jan. 23.
(Special.) The National Bank of
Goldendale, chartered by the United
States treasury, department June 11,
1920, and opened for business July 1,
1920, is the only national bank in
Klickitat county.
The new bank is capitalized for
ioO.000. with a surplus of J5000. Lo
cal business men and farmers in the
Klickitat valley subscribed to the
stock. The Northwestern National
bank of Portland Is the Portland
banking connection.
Carl E. Crooks, cashier, is a grad
uate of the Klickitat academy and
obtained his business training and
banking experience at Goldendale.
Charles T. Camplan, president of
the new bank, was cashier of the
State Bank of Goldendale from 1906
to 1914. Officers of the new bank
were re-elected. They are: President,
Charles T. Camplan; vice president,
John A. Harbke; cashier, Carl E.
Crooks: directors, C. T. Camplan. J. A.
Harbke, C. E. Crooks. J. A. Beckett.
E. C. Allison, F. L. Branton and J. W.
Discontinuing Retail Business Will
Be Voted on.
MORTON, Wash.. Jan. 23. The an-
Purpose to Disseminate Knowledge
and Encourage Growth of Ag
ricultural Pursuits.
PENDLETON, Or., Jan. 23. (Spe
cial.) Pendleton's proposed North
west Grain and Hay Show advanced
a step towards reality when articles
of incorporation for the project were
filed with the county clerk Friday
and a similar document mailed to Sa-
em. The articles provide for the or
ganization of a private corporation
with a capital stock of $5000 in 5U0
non-profit shares of $10 each. Five
prominent Pendleton citizens. Fred
Bennion, D. II. Nelson, L. L. Rogers.
L. C. Hcharpf and J. II. Sturgis are
the incorporators. Duration of the
incorporation as filed in the articles
would be unlimited.
Purpoee of the organization, ac
cording to the articles, Is "to dis
seminate knowledge concerning, and
to enocourage growth and prosperity
of agricultural pursuits in the states
of Oregon, Washington, Idaho and
Montana, and generally throughout
the northwest," and "to stimulate the
merest in better and more profitable
hay and grain production."
-Itoor Indosiry Planned.
The Incorporation, which will In
clude all wheat farmers who wish to
purchase stock, is the outgrowth of
plans put in motion several moniu
ago by a number of local aericul
turists to stage an annual hay and
grain show in Pendleton during the
days of the Round-Up, when the city
is yearly the Mecca for thousands
visitors. It Is explained by Fred
Bennion, county agriculture agent,
that the International Hay and Grain
Show at Chicago is practically the
only show of tbfse products in the
country, and that Pendleton being the
center or one of the largest hay and
grain growing districts in the west
is a logioal place to hold such i
show for northwestern farmers.
Hay Palace Proposed.
Tentative plans include the 'ap
polntment of a board of directors
composed of representatives from ai
northwestern states; the erection of
a baled nay palace In Pendleton in
which to present the exhibits and the
sending of seed judging teams from
agricultural colleges of the north
west to participate in contests.
David H. Nelson, president of the
incorporating body, said that as soon
as the incorporation Is authorized,
stock will be Issued for sale, and con
crete plans for the establishing of
the show ready for its first exhibition
next September will be made.
Horticultural Inspection Bureau of
Klickitat, Wash., Files Report,
WHITE SALMON, Wash., Jan. 23.
(Special.) The horticultural Inspec
tion bureau of Klickitat county has
made its report of tho fruit shipment
of the county and the approximate
valuations for the season of 1920.
The quantity was considerably less
than last year, because of light crops,
but the quality was god. The prices
to the grower for all kinds of fruit
were above the average, but the net
returns, owing to the high cost of
labor and material, was not so great
as the preceding year. The report
Strawberries. era.tifl. nt sr-
rann value $4 $ 67,6l
Cherries, 7i tons, at average value
14c pound 31,310
Tomatoes, dou.uuo pounds, at ave
rage value &e pound............ 15,000
Mfscellnltfous frulus 6,000
rears, i;i.--3t ooxes, at average .
value 3 39,681
Apples, 1S2.4i2 boxes, at average
value J1.75 3!9,32fl
Total valuation $477,933
II. W. Kerrigan Finds Growers of
Northwe&t AliYe to Serious Sit
uation Confronting Thcin.
Seven New Plants Built First' Year;
$300,103 Spent for Equip
ment and Buildings.
Sales amounting to more than
$1,000,000 were handled during the
threshing machine, and extensive re
pairs to farm buildings, such as plac
ing a new roof on the barn, are not
deductible expenses, but are regarded
as capital investments.
Motor's Cost Not Dednetea.
The automobile and motor truck
now form a part of farm equipment
The cost of such vehicles is not an
allowable deduction, but cost of oper
stlon may be claimed if they are used
exclusively for farm purposes, and
not for pleasure or convenience. Also.
In such cases, claim may be made for
a reasonable deduction for depreci
ation of such vehicles.
Losses incurred in the operation of
a farm as a business enterprise are
deductible from gross income. If.
however, farm products are held for
a favorable market no deduction on
account ot enrinKage in weight or
physical value by reason of deteriora
tion in storage is allowed. Loss by
frost, storm, flood or fire of a pros
pective crop, or of a crop which has
not been sold is not deductible. The
ame is true with regard to the loss
of animals raised on the farm. How
ver, if livestock has been purchased
and afterwards dies, or is killed by
oroer or federal or state authorities,
the actual purchase price, less any
depreciation previously claimed, and
less any insurance and Indemnity re
covered, may be claimed.
rual meeting of the Eastern Lewis ast six months of 1920 by the Ore-
County Farmers exchange win De
held tomorrow at 1 o'clock. The of
ficers and employes of the company
will make their reports. Trustees will
be elected and the members will be
asked to vote upon several amend
ments. -
Officers of the exchange said that
an excellent showing has been made
during the last few months. They
said that the discontinuance of the
retail business will come up and a
gon Growers' Co-operative associa
tion, organized for business scarcely
one year ago, according to report of
R. C. Paulus, sales manager.
During the first year of its exist
ence the association has built new
plants at Riddle, Myrtle Creek, De
ver, Dallas, Sheridan, Carlton and
Forest Grove.
New plants at Roseburg, Scotts
Mills and Yamhill were taken over
by the association. Older plants in
decision will be made on continuing good condition at Salem, Medford and
only the marketing branch, for which
the exchange was originally formed,
t A vote will be taken on increasing
the capital stock to $10,000, the gen
eral revision of the by-laws and many
other matters.
Sutherlin were also taken over.
As the Medford plant was not of
sufficient size ' for the business at
that point, a building 72x90 feet was
erected the past season. At Grants
Pass $2500 was spei-t in purchasing
The board of trustees stated that la desirable site for a packing house.
any and all persons who have become
members are entitled to a voice at
the meeting, and asked that they be
Kew Exliibit Structure on State
Fair Grounds Favored.
A resolution urging the erection 'of
new poultry exhibit building at the
state fair grounds at Salem was
adopted at the annual meeting of the
Oregon Poultry and Pet Stock asjo
ciatlon held in Portland last Tuesoay.
The organization also went oa record
In favor of holding a winter show in
connection with the Pacifia Interna
tional livestock show if houa.n; ar
rangments could be imde.
T ire following' directors were
chosen: Coe A. MeKenna. J. P. Lim
erick. W. H. Mead. H. E. Sellwood.
Dr. N. L. Smith. C. 8. Whitmore. all
of Portland, and P. A. Griffin of Eu
Girls of Sherman County First to
Complete Year's Work.
The attainment of the J0J per cent
record and the distinction of being
the first to complete the 'year's club
work are two of the things aecom
pIlFhed by the Kent Cookery club of
Shurman cosnty. The elab aiaa re
ported a profit of $23.74.
Florence Boardman, president;
Tlvelma Deliineer, vice-president;
Golda Hartley, secretary, and Ha;:ei
Preparations for Campaign Con
cluded at Albany With Lunch
eon of Committeemen.
AL.BANY, Or., Jan. 23. (Special.)
A publicity and speaking campaign,
which has been conducted throughout
Linn county the last week prepara
tory to the membership drive of the
Linn county farm bureau was con
cluded with a luncheon yesterday at
tended by, more than 100 men from
various sect'ons of the county.
During the coming week it is ex
pected that 1000 members will be en
rolled in Linn county for the Linn
county farm bureau, the, Oregon Farm
Bureau federation and the American
Farm Bureaa federation. Attending
the luncheon and meeting yesterday
were the 20 solicitors who will cover
the county during the coming week,
the captains of the 17 -divisions In the
county and the assistants to the di
vision captains.
George L. Gray of Albany, Mo., spe
cial organizer of the American Farm
Bureau federation, who is in charge
of the campaign, presided at the meet
ing following the luncheon. Other
speakers were. George A. Mansfield
of Medford, president of the Oregon
Farm Bureau federation; Paul V.
Maris, d rector of the Oregon Agri
cultural college extension service, and
Mr Norma B. Olson, Benton county
nome aemonstration arent.
Riddle Bank Elects.
RIDDLE, Or., Jan. 23. (Special.)
At the annual meeting of the stock
holders of the Riddle State bank the
following officers were elected:
President, G. L. Grant; vice-president.
D. F. Everett; cashier, D. S. Beals;
directors, Mrs. Mary F. Riddle, Mrs.
Edna H. Beals and G. L. Grant. This
bank has been established about ten
years and the business has trebled
witiliin the last two years.
In the Medford district small plants
were taken over at Voorhies, Phoe
nix and Davis. A plant 60x80 feet
was built at Garden City for packing
At Dallas the association built one
of the finest prune driers in the west.
It baa 32-tunnel capacity and is
equipped with modern machinery for
grading and processing.
At Dever the association erected a
16-tunnel drier, at Sheridan a 40-tun-nel
drier and at Carlton a 24-tunnel
During Us first year the associa
tion spent in plants and equipment
the sum of $390,103.84 and plans are
under way for some additional build
ing this year.
Co-operating with the Growers
Packing corporation of Clarke coun
ty, Washington, sales of 1,000,000
pounds of prunes were announced by
After niacins before various or
ganizations in Oregon and Washing
ton, especially In Portland and Se
attle, facts concerning the serious
situation which he declared is facing
the poultry producers of the Pacific
coast. II. W. Kerrigan, secretary of
the Petaluma, Cal., chamber of com
merce, himself interested largely In
the business, has returned to his
home. He is confident that the com
bined efforts of the coast interests
iuvolved will result In the fixing of
a tariff on all imported eggs aad
poultry products.
"I found the poultry people of the
northwest generally alive to the se
rious situation confronting them."
said Mr. Kerrigan, as he stopped over
in Portland. "In Portland the pro
ducers, acting through Arthur M.
Geary, their attorney, and the Cham
ber of Commerce, have taken steps
to put their eentiments vividly be
fore, the members of tho congres
sional committee from Oregon and
tlie same is true with Seattle and
other cities in Washington.
"The -seriousness of the situation
which poultry people are facing is
shown-by the recent arrival in New
York less than a month ago of 6200
tons of Chinese egg meats, represent
ing almost 12,000,000 dozen eggs in
shell. That should be conclusive evi
dence to any one as to how long
Americans can compete with the
Chinese products when the European
demand for them falls off."
Mr. Kerrigan quotes S. S. Knight,
president of the Petaluma Poultry
Keepers' association, on the situation
as follows:
"There is but one remedy and that
Is a specific tariff of not less than
12 cents per dozen upon all eggs In
shell, at least 10 cents per pound
upon all frozen egg meats, a mini
mum of 30 cents per pound upon all
dried ggs products, and not less than
10 cents per pound upon all dressed
"Furthermore, all imported eggs in
shell should be legibly and indellibly
stamped with the date and location
of tlie original shipper, likewise each
poultry carcass. Besides frozen egg
meats, dessicated eggs and eggs in
shell from China, America received
eggs in shell from Australia and the
Argentine," -.
Grays Harbor Output Will Soon Be
. $250,000, Says Inspector.,,
ABERDEEN. Wash.. Jan. 23.
(Special.) Grays Harhpr county api
arists sold about $50,000 worth of
honey during the last year, according
to the estimate of W. L. Cox of Elma.
inspector of apiaries for the district.
The output can and eventually will
be worth a quarter million dollars,
Mr. Cox predicted. Conditions, here,
for honey production, be said, are ex
cellent. '"
In his annual report to the state In
spector Mr. Cox made five recom
mendations: that more money be ap
propriated to carry on the work of
Inspection and instruction in beekeep
ing: that an experimental, apiary be
maintained in the western part of the
county; that the state help In some
way to get good Italian stock; that
the state college train men for field
work, such aa instruction and inspec
tion: that the state establish a snort
course in bee culture.
Kingdom of Belgium
External Loan
Twenty-Year 8 Sinking Fund Gold Bonds
at 100 and Interest
Sinking Fund Sufficient to Redeem All Bonds at 107 by Maturity
THESE bonds are to be direct ex
ternal obligations of the King
dom of Belgium.
The loan contract provides for a sink
ing fund, which is to be sufficient to
retire the entire issue by maturity.
In carrying out .this provision the
Kingdom of Belgium covenants to
pay quarterly, beginning May 1, 1921,
to J. P. Morgan & Go. and Guaranty.
Trust Go. of New York, as sinking
fund trustees, sums sufficient to pur
chase each year $1,500,000 of bonds
at not exceeding 107 . and accrued
In the event that, prior to December
15, 1925, bonds are not purchasable
through the sinking fund in amounts
sufficient to restore bonds at the rate
of $1,500,000 a year, the unexpended
balance in the sinking fund is to be
applied to the redemption of bonds by
lot at 107 y2 on February 1, 1926.
In like manner any moneys remain
ing in the sinking fund on December
15 in each year thereafter are to be "
applied to the redemption of bonds
by lot at 107 Y2 on the next ensuing
February 1.
The bonds are also to be redeemable
as a whole or in part at the option of
the Kingdom of Belgium, on any in
terest date on and after February 1,
1931, at 107y2 and accrued interest.
AH bonds not previously retired by
the sinking funds are to be paid at
maturity at 107J4 and accrued in
terest. The bonds arc to be dated February
1, 1921, and are to mature February
1, 1941. They arc to be issued in cou-.
pon form, in denominations of $1000
and $500 not interchangeable.
Interest is to be payable February 1
and August 1. Principal, premium
and interest are to be payable in
United States gold coin of the pres
ent standard of weight and fineness,
in New York city, at the offices of
J. P. Morgan & Go. or of Guaranty
Trust, Go. of New York, without de
duction for any Belgian taxes, pres
ent or future.
Subscription books will be opened at the offices of J. P. Morgan &
Go. and of Guaranty Company of -New York at 10 o'clock A. M.,
January 24, 1921, and will be closed in their discretion. The right is
reserved to reject any and all applications, and also, in any event, to
award a smaller amount than applied for."
Amounts due on allotments will be payable at the offices of J. P.
Morgan & Co. in New York. Funds to their order, and the date of
payment (on or about February, 1921), will be stated in the notice
of allotment. Trust receipts will be 'delivered pending the prepara
tion of the definitive bonds.
For full details regarding this issue reference is
made to a circular which may be had on application
J. P. Morgan & Co. Guaranty Company of New York
.i First National Bank, New York The National City Co., New York
- National Bank of Commerce in New York
Bankers Trust Company 1 The Chase National Bank
The liberty National Bank Central Union Trust Co. of New York
Lee, Higginson & Co. - Kidder, Peabody & Co.
Harris Trust and Savings Bank, Chicago
Dillon, Read & Co. . Halsey, Stuart & Co.
Continental and Commercial Trust and Savings Bank, Chicago
Central Trust Company of Illinois, Chicago
, .. . First Trust and Savings Bank, Chicago
, x ' ' Illinois Trust and Savings Bank, Chicago
assistant organisation manager for
the Oregon Dairymen's Co-operative
association. The association is man
ing- an -effort to enroll new members
in all sections of the state,
Speaker to Address Dairymen.
KELSO, Wash., Jan. 23. (Special.)
-T. D. Alk-ens. president of the Na
Spraying Material to Be Made.
WHITE SALMON, Wash , Jan. 23.
(Special.) T. A. Fenton of Hood
River has rented the old cannery
building and will begin the manu
facture of spraying materials. Mr.
Fer.ton operated a plant at the same
place last year.
J. D. Mickle Accepts1 Position.
J. D. Mickle, ex-dairy and food com
missioner, has accepted a position as
PHONES B 7S1S K 7275.
at 0i9SimSe offftpFir
Best grades coal. Prompt delivery
Diamond Coal .o B, 3837. Adv.
XiSd The Oregoniaa classified ads.
East Side Mill and
Lumber Co.
fceltrrood BBT
a 133
barrels and
casks ;
Amd All Kinds Cooperage at
Finke Bros. Cooperage Works
254 Front St. Went End Hawthorne
Bridge. Alain 9143,
"Official Printers"
Do you have an
official printer?
VOU know a printer who has
your confidence, whom you
trust to do all your work, who
is familiar with your business,
your methods and your needs,
. and who takes off your mind all
the wprry about getting your
. printing doa right, promptly
and at lowest possible cost.
If you haven't tied to such a
printer, it will pay you well to
do so when you find him. ,
We nave been "official printers"
to some of Portland's closest
buyers for many years.
It costs nothing to get acquainted.
Main 8829
and Mail Advertising Cass
Phone East 1835. Res. East 1797.
D. F. Shope, President and
General Manager.
36tVr East Morrlaoa Street.
LISTS nvbjfrrfPSOH
fj. E. Cor. Second and Taj lor Street
Sacrificed f
E Free Lessons Given
Ej Removal Sale
McDougall Music Co,
tional Holsteln-FrleAian association,
will address dairyman of Cowlitz
county in the Redmcn hall in tl,i
eity Wednesday afiernoon. t'ounty
Agent Wanton is maNing :U arrange
ments for the ntetini?.
823 Alder Street.
S Betnecn SiXk aid Broadway.
The Unemployment
THE problem of the unem
ployed is one that the entire
world faces. It is- a serious one.
You can help materially in
solving" it for yOregon.
You can beg-in today in your
own home in your business.
Keep people at work in Ore
gon's factories and everything
will be fine.