Income Tax Rules on Farm Expenses and Depreciation
A farmer may deduct ordinary farming expenses from gross income, excluding capital outlays. Deductible costs include feeding livestock actual outlays, seed, minor repairs, tools, fuel and oil for farm work, maintenance of machinery, and hired labor. Capital investments like farm machinery, equipment, or buildings are not expenses but can be depreciated. Living quarters are not depreciable, while farm dwellings used in farming may be depreciable. Automobile costs used partly for business are deductible to the business-use portion. Labor hiring, board for laborers, and rations are deductible. board value for hired laborers is deductible, but not for the farmer’s household. Pre-productive development and soil restoration costs are capital investments. Fertilizers with long-term benefit are capital. short-term fertilizers are deductible after productive rate is reached. Birds, bees, or dairy animals are capital investments unless inventoried. Broadways loss note mentions actress Ulla Raines.
MENTIONED IN THIS ARTICLE
Sail
Cape Iits
Ventory
Citywide Red Cross drive aims to raise 5570000 in Bexar
Four thousand volunteers canvass San Antonio from downtown to residential districts to meet a 557000 fund goal for Bexar County part of a national 2000000000 drive. Mrs Edgar Tobin leads residential solicitation. Carl Krueger heads downtown effort. local allocations include overseas aid, home services, nursing, blood donor work, and Junior Red Cross programs with detailed budgets.
MENTIONED IN THIS ARTICLE
Fort Hhousend
Red Cross
Inouse Toshouse
Bexar
Bexar County
Division Home Service
Armed Forces
Gilbert Denman
Carl. C. Krueger
T. Arti Lambert
Tao Dabinsky
Indus Perry Shankle
Jas M. Frost
Robert CG. Smith
Ben Smith
Wildcat Oil Discoveries Expand Texas Trend in San Patricio
Oil crews report multiple new wildcats in San Patricio and nearby counties with perforations at depths around 9000 feet and 1400 foot water cushions. Notable wells include No. 1 at TL063-14 feet, No. 3 Jennin A Thompson near Riverside, and a potential two mile southeast find near Gregory. Stanolind renews Riverside activity as large lease deals and Navarro-Taylor prospects shape the trend.
MENTIONED IN THIS ARTICLE
Cansim
Wildcats
Texas
Hikely Walt Water Linmellatey Toon
James Gren
Gregory
San Patricio
Stenelind
Jennin A. Thompson
Nuecea County
Jo Bolten
Stanolind
John
Neil
J. Pruttt
Witd Wal
Charlotte
Atascosa County
Geological Group To Name Officers 1944 Meeting Plan
The South Texas Geological society will name officers for 1944 at a Monday meeting at p.m. in the Cascade terrace of the St. Anthony hotel. John L. P. Campbell of Lane Wells Co discusses Radioactivity Well Logging. A Houston film note mentions Betty Mullon and a Mark Sandrich musical with Crosby and Tufts.
MENTIONED IN THIS ARTICLE
South Texas Geological Society
Cascade Terrace
St. Anthony Hotel
John L. P. Campbell
Lane Wells Company of
Houston
Huston
Betty Mullon
Mark Sandrich
Ring Crosby
Sonny Tufts
Red Cross Shape and Local Chapters Explained
The Red Cross chapter is the local arm of the national organization and holds its charter from it. Chapters cover territories often a single county and offer women in armed forces families special opportunities to participate through auxiliary units attached to nearby military or naval posts for training and volunteer service.
MENTIONED IN THIS ARTICLE
Rd Cross
National Organization
Red Cross
Army
Navy
Coast Guard
Marine Corps
Eisenhower Urges Co operation To Preserve Army Image
London dispatch reports Dwight D. Eisenhower writing to Allied troops urging discipline and civility. He calls for careful use of transport, restrained drinking, clean appearance, and courteous behavior toward civilians. He stresses officers must know their men and protect them while ensuring fair appeals against punishment.
MENTIONED IN THIS ARTICLE
London
Dwight DD. Eisenhower
United Kingdom
Eisenhower
Ufe
Oedd
Hisenhower
Ickes Plan Drawn As Fascist Approach To Oil Pipeline
An oil industry white paper labeled Interior Secretary Ickes plan for a 1000 mile petroleum pipeline across three Arab nations as a fascist approach. It argues the project would provoke international incidents and entangle the U S in worldwide power politics, warning it would displace private enterprise and invite policing and bases abroad.
MENTIONED IN THIS ARTICLE
Tekes
Arabia
Senate of
United States
Petroleum Industry War Council
Petroleum Administration For War
Ickes
George A. Hill Jr
Houston
Texas
Independent Petroleum Assolution of America
Ickey
Petroleum, Reserves Corporation
Persian Gulf
Mediterranean
Woman 53 files for U S president in Los Angeles
Mrs Nota Eb Gover of Los Angeles filed papers to run for president saying no taxes plus a monthly $3 for every beast, funded by pensions and government costs using resources from Fort Knox. She lives in a two room self built home and awaits state certification after filing with Registrar Michael J. Donoghue.
MENTIONED IN THIS ARTICLE
Los Angeles
INS
Nota Eb, Gover
United States
Registrar of Voters
Michael J. Donoghue
Secretary of State
Kentungy
Fort Knox
Normoyle Bus Route Change due to road work
The Transit Company announced a temporary reroute of Normoyle-South San Antonio bus One starting Wednesday. Buses will depart from Mali Plaza east side, head south on Soledad and Dolorosa, travel south on South Flores, swing to Nogalitas, then Centennial, Quintana, Burn, and Military Drive to Kelly Field, returning by the same path.
MENTIONED IN THIS ARTICLE
Quintans Road
San Antonia
Mali Plaza
Soledad Street
Wesh
Dolorosa Street
Flores Street
Nogalites Street
Centennial Avenue
Centennial
Quintana Road
Quintana and Burn Road
Military Drive
Kelly Field
Uvalde Woman Dies After Brief Illness
Mrs. J Gulley, 78, a native Texan and longtime Uvalde County resident since 1916, died at a local hospital Thursday. Funeral services were held Saturday morning. Surviving are two daughters, three sons, and three step-children.
MENTIONED IN THIS ARTICLE
Uvalde
Uvalde County
Thugs Get Cash Narcotics in Two Burglaries
Burglars cut into two drug stores and four grocery stores Sunday night or early Monday and stole an iron safe containing about 1800 dollars in cash and 400 dollars in checks. Perry Crain, co-owner of Ursin and Palmer Drug Store, found the back door pried and narcotics missing though morphine and codeine were not in the haul. The Sunshine Food Store safe was dragged to the front near the door and carried away likely by a car, with crowbar marks on the door. The Sun Shine owner is FS Wu. Helsinki, Finland is cited as the most northerly capital city.
MENTIONED IN THIS ARTICLE
Perry J. Crain
Ursin and Palmer Drug Store
Siveauc E. Medical Arts
Sunshine Food
van Ness Street
Also Mentioned on This Page
Royme
Puffle
Mystery Nuance
Boarder
Broadway
Ulla Raines
Pat
Hail the Conquering Hoyn
Horace Het
His Orchastre
Fred
Donna Collie
Lowery Wood O'Toole
Winey
Thriftscheck
the ‘National Bank
San Anton
Member Peberat Deposit Insurance
Ren
Geosan Antonio Light
Geological Group
Cansult
Dimmy Murphy
Sharfishgster
Alfred
Dee Tsees Es
Kisa Woar
Kmac Kong Kaec
Les Charis Goldberg
Lyn Murryuperman
Dick ‘Tracy
Out of West
T. Twisters T. Armatrong
World Today News
Twisters C
W. Waris News
Fulton Lewis
Sullivan Vandervook
Radio
Thea
Rod Hipley
Moods
BAS Tadio Thea
Guild
Blondie Information
Troubadours
Blondie Internation
Tronhadours
Dany Tine
Joan Brooks
Harkness
Heatherton
Warrington Thres Suns
Gasparre
Maysie New
Brisk
Big Fun
Bible Center
Riefst
Ub S.3u
Loday
L. Weber
Biefst
Amer
Lawton
Crosby Sweet River
John Maxine Keith 'O
Tucker
Shady Valley
Bra
Joe
J. Wy Scolt
Grinders
Judy Jane Jane
D Malone
Foxe
Guld
LaveLearn Joyre Jordan Ildren
Chet Li
Helen Trent Ewes
Reuben
Mary Masia
Ain Mex
Ranaley Ma
Alien Albinn
Saddle Pals
Wemapton Spollsgat
Dallas
Tenarber
L. Jones
Eddie Dunn
Portia
Bob Crosby
Barry James Sinatra
Studio Baar
The
Light
Tke
A.D. Zucht
TORE
Trajistin
Aeroas Front Canter
Hndell Abit
Middle East
Janles
Normoyle
Sehen
Son of
Money Duck
Metea
Helsinki
Finland
KABC
Rays
Ted Gondis
Bren
Folie
Vrogean
Thes Proernua
Tyan Arett Individuat
Have & Homae
Bay
Madac
Rbek
Tae
Tae A
Eel
Psc
San Antonis Building & Loan Association
Stich
SAN Antonio Building & Loan
Ares
Pepe
Ana D
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