The Courier News from Blytheville, Arkansas on August 13, 1954 · Page 8
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The Courier News from Blytheville, Arkansas · Page 8

Blytheville, Arkansas
Issue Date:
Friday, August 13, 1954
Page 8
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PAGE EIGHT BLYTHEVILLE (ARK.) COURIER NEWS FRIDAY, AUOTST, 18, 1954 REVIEW AND FORECAST Farmers Get Tax Benefits from Certain Conservation Practices in New Law By CHARLES F. BARRETT » WASHINGTON (AP) — A farmer can now get a tax cut by building himself a pond ... or digging a ditch. This is one of the special effects of the huge tax revision law. In passing out scores of tax benefits, Congress didn't forget the farmer in this congressional election year. -*- • — — The law permits a farmer to deduct from his income, on tax returns, many outlays for soil or water conservation. Even at the minimum 20 per cent tax rate, each $100 in new deductions means a tax cut of $20. Limits The deductions for that purpose are limited in any one year to 25 per cent of the taxpayer's gross income from farming. Note that if you have income aside from farming, you can't deduct 25 per cent of your total income. If you spend more than 25 per cent of your farm income for soil or water conservation in any one year, you can carry forward the amount over 25 per cent and deduct it on your return the next year. You can keep on carrying these expenditures forward as many years as needed to get your full deduction—but you still can't deduct more than 25 per cent of farm income in any one year. Conservation Practices " Soil and water conservation expenses involve moving or treating dirt. They can include such things as leveling, grading, terracing, contour furrowing, construction of diversion canals, drainage ditches, controlling and protecting watercourses, ponds, earthen dams, elimination of brush or planting of windbreaks. In the past, expenditures for most of these things generally have been added for tax purposes to the original cost of the land. Usually no deduction was allowed for them unless the land was sold. Then they could be counted in figuring whether you made a profit on the sale. Many Will File Claimi Experts believe a half million farmers win claim new deductions under the new law. They figure the farmers will get tax cuts amounting to 10 million dollars. The revenue loss would be greater, except many farmers already pay little or no income tax. Aside from his personal expenditures, the law permits a farmer to deduct special assessments by soil and water conservation districts if they are spent for purposes which would be deductible on the farmer's individual return. As of January A farmer can deduct expenses starting last Jan. 1. But he must decide, in the first year he pays for such things, whether he wants to deduct them or still follow the old law. Once he reports his decision, he can't change his method without permission from the Revenue Service. Another tax benefit for farmers in the new law provides that proceeds from sale or exchange of diseased livestock are not taxed if they are reinvested in livestock within one year. Farmers also pay no tax on proceeds from sale of land necessary to meet acreage limitations under reclamation laws, provided they invest the proceeds into more land—presumably in another reclamation or irrigation district. Irrigation Topic Of Semo Meeting Missouri Delta Field Day to be On Anderson Farm The Missouri Delta Irrigation and Drainage Field Day plans were comptpplepeppppdpp .. ppp were completed at a conference held at Gideon last week. Representatives of irrigation and farm machinery companies and representatives of the Missouri College of Agriculture Extension Service selected the Gideon Anderson .Farm located aobut 4y 2 miles south of Gideon as the site for the field day. This farm under the manager- ship of Maxwell Williams is ideally suited for the field day since all the common crops grown in the area are under irrigation here. Check strips of unirrigated cotton, soybeans and pasture can be observed on the farm. Displays of various makes of irrigation equipment and drainage and leveling equipment will be shown at the farm. The various types of irrigation including sprinkler, fluted pipe and open ditch will be demonstrated. Exhibitors of irrigation or drainage and leveling equipment will contact Bennett Comber, Cypress Supply Company, Portageville, who is chairman of the exhibit committee, to arrange for their displays. The overall planning and program committee for the field day is composed of B. W. Harrison, State Extension Agent — Chairman, Wm. J. Murphy. Extension Field ~rops Specialist, Herman Hall, Extension Agricultural Engineer, Bennett Comber and Maxwell Williams. Other heads of committees include Arnold Matson, Vocational Teacher at Gideon, Chairman of traffic and parking: Alfred Byrd, New Madrid 4-H Agent, chairman of food and drinks committee; Joe Scott. County Agent, Kennett, and R. Q. Brown, County Agent, Charleston, county - chairmen of education exhibits; and W. F. James, Caruthersville, chairman of publicity. CHEW-CHEW BABIES—Drought and grasshoppers go together and Missouri farmers are fighting a battle against both this summer. Here Stuart Spradling, researcher with the farm chemical division of the Missouri Farmers Association, studies hungry 'hoppers on a chewed-up cornstalk in a field near Columbia. It belongs to—of all people—Mrs. Carrie Hopper. BRADFORD, Pa. OP). — For a plumber, Edward Edmonds is doing quite well as a policeman. Edmonds has been reappointed chief of the police department for a term expiring in 1956. A registered plumber he also serves as plumbing inspector. Indian's Movie Career Shuns Hollywood ' MOAB, Utah i¥i — Although he has never been in Hollywood, Lea Bradley has made a career of motion pictures. He is sought after by every major Hollywood studio as both actor and technical adviser. Bradley says his role in Universal-International's "Smoke Signal," shot at Moab. was his 57th part. That's more, company executives say, than most actors in Hollywood can boast. Bradley is a- Navaho Indian. He bega: his movie career with Richard Dix in "The Vanishing American," in 1925. Since then, he says, he has played every type of Indian except the Navaho he is. Bradley says he is not too happy about the way Hollywood portrays Weather And Crop Bulletin (Compiled by cooperative efforts of USDA, Extension Service, Department of Commerce and University of Arkansas College of Agriculture.) High temperatures and little rainfall characterized this week. The mean temperature, as determined from the records of 19 stations was 85 degrees which is 3 degrees above normal. Weekly means ranged from 88 degrees at Little Rock to 81 degrees at Fayetteville. Extremes ranged from 110 degrees at Arkadelphia on the 7th and 8th to 56 degrees at Fayetteville on the morning of the 9th. The average rainfall for the 11 stations reporting an appreciable amount was 0.24 inch. The greatest weekly total was 0.71 inch at Newport, while 12 stations reported no rain during the week. Some localized areas benefited from showers during the week, but no general rains occurred. All of the state is in need of rain I and in areas not temporarily relieved by showers, the need is critical. It is already apparent that feed and hay crops will be short on many farms. COTTON continues to make fair progress on the whole but the lack of adequate moisture has retarded growth and is hastening maturity. The bulk of the crop is fruiting well but is blooming near the top indicating it is about through un- less the stalk makes more growth. Insect infestation is relatively minor in most areas. However, there were reports of increased activity during the week necessitating some control measures. Some shedding of small bolls is occurring as a result of unfavorable weather factors. Several counties report that early planted cotton is beginning to open. SOYBEANS have been hard hit by dry weather. The outlook varies tremendously depending on the local moisture situation. In some areas the crop is setting on beans and prospects are good, but in many areas the crop is firing badly and the yield outlook is declining. Normal yield? are expected from irrigated fields. RICE prospects are good. Early rice is rapidly reaching maturity with harvest' expected to begin unusually early this year — possibly by mid-August in a few fields. The FEED CROP situation remains serious, and is getting worse as potential production declines and more summer feeding becomes necessary. Much corn intended for grain has been used for other purposes such as fodder or silage. Recent showers have helped late corn and sorghums in some areas but more rain is badly needed. PASTURES are in poor condition in all areas, although temporary improvement was noted in some counties as a result of good showers a little over a week ago. Some supplemental feeding is necessary and marektings of CATTLE continue heavy. The stock water shortage has not been alleviated. Loss of STRAWBERRY plants as a result of the dry weather has been heavy. VEGETABLE crops are very short generally. Indians. "The White man always wins the battles," he says. "History proves otherwise. Sometimes I have a little trouble with my Indians, preventing them from crossing up the director and winning the battle on the screen." •It Cuts Harvest Costs •Saves More Cotton •Speeds Work Cash in on efficient mechanical cotton (Harvesting with a new John Deere No. 1 'One-Row Mounted Cotton Picker. One man and the No. 1 .pick as much as an acre every hour, replacing 40 or more hand pickers and cutting costs to a minimum. The No. 1 is an efficient spindle-type picker that saves more cotton in every crop condition. It speeds work, saving valuable time when, weather threatens to steal your profits. The new No. 1 mounts on John Deere Models "50," "60," "70," and late "A" Tractors in a hurry. No costly, time-consuming tractor conversions are required. See us for complete details. Order early. MISSCO IMPLEMENT CO Phont 3-4434 South Highway 61 &ete/w JOHN DEERE QUALITY FARM EQUIPMENT Twin Cars Crash BEDFORD, Va. fJP)—A 1&50 green sedan collided here with a 1950 green sedan of the same make. There was $1200 to one car. $700 to the other. No one was hurt. Acreage Plan Change Asked Drought Factors Would Be Taken Into Consideration Farm leaders from five Mid- South states have moved to support legislation designed to give fr- • choice of plantings to those areas which have suffered drouth disaster in recent years than would be possible under a recent decision of the Secretary of Agriculture to control diverted acreage on farms in 1955 and thereafter. Presidents and officials of the Missouri Cotton Producers Association, the Agricultural Council of Arkansas, the Delta Council of Mississippi, the Tennessee Cotton Producers Association, and the Louisiana Delta Council, meeting in Memphis, endorsed a proposal to aid farmers in the drouth area. Amendment Offered The proposal is to be offered as an amendment to the farm bill. It calls for the following modification: 'To promote rebuilding of farming systems in states which have applied for disaster aid as a result of disastrous drouth or floods in any one of the years 1952, 1953, 1954, and notwithstanding any other provisions of law, there shall no restrictions placed on farm land uses in 1954, 1955 or 1956 other than compliance with acreage allotments and marketing quotas for commodities for which farm- xs voted such acreage allotments and marketing quotas." Hilton Bracey, executive vice ^resident of the Missouri Cotton Producers Association, who is chairman of the mid-south organ- zation, explained that the group had no objection to cross-compliance, the need for meeting all acreage requirements to qualify or price supports, but did seek greater freedom of use of diverted acreage which will amount to some 2,000,000 acres in the Memphis territory in 1955. Would Freeze Acreage "Unless action is taken the diverted acreage requirement will reeze unreasonably low acreages of feed crops and soybeans on mid-south farms since many farmers have been unable to plant normal acreages because of the lack Dream o/ Year Around Pastures May Become Reality in State HOPE — The farmer's long-cherished dream of a year-round pasture may become a reality in the near future, University of Arkansas research men have predicted. Hundreds of farmers attending the 26th annual Family Visiting Day at the Fruit and Truck Crop Branch Experiment Station near here, saw a lush Bermuda grass pasture on which small grains had been grown successfully during the winter. The experiment proved that one piece of land can be grazed during both summer and winter. Dr. R. D. Staten, of the College of 'Agriculture agronomy department, and Wheeler R. Perkins, Extension district agent, said the experiment was made possible by using a new machine that places seed and fertilizer in one operation without destroying the grass sod. The Demonstration Oats, wheat, barley, and rye all were tried on various parts of the Bermuda pasture, and clippings were made to measure the amount of grazing possible. The rye produced about 8,000 pounds of green matter, the oats 6,500 pounds, wheat nearly 6,000 pounds, and barley/almost 5,000. When the grain gave out in May, of moisture in recent years," Bracey said. The Secretary has proposed that farmers cannot plant acres in excess of their 1953 plantings in 1954, even though acreage controls are not applied to the particular crops involved. Support Abernethy Bill The Mid-South Cotton Producers committee also went on record as commending the cotton futures exchanges for action not to accept any cotton with a micronaire reading below 3.0 and voted support of the Abernethy Bill as an additional required step to minimize the effect of substantial amounts of low quality cotton upon the level of prices for the nearby month which is commonly used in determining prices to be paid the growers. The Abernethy Bill proposes that the Department of Agriculture clear up the certificates stocks by substitution or purchase. STATISTICS SHOW; LAND WITHOUT IRRIGATION Fast Becoming Unprofitable In this area practically all land suitable for farming is now being utilized so that more farms are impracticable ... but we can IMPROVE THE LAND WE HAVE! Hove A Competent Engineer Run A Survey On Your Land If you are considering irrigation, and you must if you are to continue to farm profitably, I can save you money on the final purchase of your equipment through running the levels of your farm and giving you a blue print for your irrigation system. J. W. Meyer, Civil Engineer P.O. Box 778 — Blyrheville, Ark. 12 Years experience in Land Irrigation dse a BIG-CAPACITY JOHN DEERE No.55 Combine The engine and grain tank are centered on top of the John Deere No. 55 Self-Propelled Combine. This meant the No. 55 it balanced at all times, even when the grain tank is full. Weight being properly distributed—the No. 95 has good flotation and flexibility for •oil and tough field*. Balanced design also means that your crop is evenly distributed over all of the unitt. There's no overloading to cause grain loseec or undue wear. Come in and let us give you all the detail* on the 12- or 14-foot John Deere No. 55 Combine—the balanced combine that •**«• more grain or seed at lower ooet MISSCO IMPLEMENT CO Phon« 3*4434 South Highway 61 &&&fyt JOHHMEMaUALITY FARM EQUIPMENT hop clover provided grazing until the Bermuda grass was ready. Because of the extreme dry weather last fall, Staten said, the grain could not have been grazed before February. With a normal season, however, the fall-sown grain would provide some grazing in late fall, as well as throughout the spring. The result showed, too, that heavy fertilization paid pff in extra grazing, especially the nitrogen top- dressing in the spring. The Bermuda should also benefit from the fertilizer, Staten said. Other Tests Visiting farmers also saw results of the Station's researcn with tomato, cucumber, and watermelon varieties. Earl J. Allen, Extension horticulturist, pointed out 30 strains of watermelons being tested, and declared that at least three showed definite promise as commercial varieties. He said 25 or 30 tomato strains JOHNSON GRASS KILLER 99% Pure Sodium ChJorate 700 Lb. Drum - 12 50 Webb Culvert Tile Co. Highway 61 at State Line Phone OSborne 3-8414 are also under field test, showing that the Station is not resting on its laurels with its two current varieties — Indark and Fortune. Farm women saw special demonstrations in rice cookery, insect and disease control of ornamentals, jnd a craft demonstration of ball point painting. AUTO, TRUCK AND LONG HAUL TRUCK INSURANCE At Low Rates United Insurance Agcy. Ill W. Main Ph. 3-6812 TV and RADIO SERVICE Minor Repairs and Tube Replacement in home (inside Blytheville city limits) $350 Only J ' More Than 20 Years Training and Experience. Factory Service Guarantee on All Makes. Blytheville Sales Co. Felix Carney, Mgr. 109 E. Main Ph. 3-3616 ONE-ROW SPINDLE-TYPE COTTON PICKER COMPARE THE PRICE Let the Allis-Chalmers One-Row Cotton Picker come to the rescue. If s designed for quick mounting on the regular CA, WD and WD-45 farm tractors. Equipped with long, grooved, spindles, this machine gets a high percentage of open bolls . . , with less staining of lint and less trash in the cotton. As cotton is picked, it's elevated and blown into a closed wire-mesh basket Unload instantly with hydraulic power. Let us show you how you can get your cotton picked ... at lower cost! Prked Right for Bank Financing ffllLIS-CHflLMERS] V SALES AND SfKV/C£ J BYRUM IMPLEMENT CO. 118 East Main Phone 3-4404 Complete Photo Supplies • FILM • MOVIE FILM • FLASH BULBS • COLOR FILM • POLAROID FILM BARNEY'S DRUG STORE 2006 W. Main Phone 3-3647 Texaco Cotton Picker and Spindle Oil For All Types Cotton Picking Machines Delivered Anywhere In Mississippi County Finest Quality . . . Rust And Oxidation Resistant . . . Priced Right Dirtributor For FIRESTONE TIRES THE TEXAS CO Bob Logan "Consignee Blytheville Phone 3-3391—Joiner Phone 2421

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