Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-04-20

Important WecIStOms
CERTAIN LOSSES NOT TO BE DEDUCTED
FROM RETURN OF INCOME.
TREASURY DEPARTMENT,
Office If Internal Rereauf,
WASHINGTON, March :, 1865.
SIR:-Yours of the 9th instant, relating to
the case of -, is received.
You state that, a business firm in Buf-
falo, placed $4,000 in the hands Of New
York broker, instructing him to use 1t in
the purchase and sale of gold, on their ac-
count !; moreover, that they lost $27, 800 in
this venture, and claim it should be deduct
ed from their profits of business
reply that when loss is made in any
particular business, against which there are
no gains to offset, it is considered dead loss
of capital invested, in that business.
This has always been the ruling of the
Office, and in accordance Herewith, you will
hold as individuals to income tax IRE
stectire Of tie loss referred 10.
Very respectfully, sJosEPH L. LEWIS.
O. f. PREsBREY, Commissioner
Assessor, Buffalo, N. Y.
IT is as trus as preaching that you cant
get better goods at more reasonable prices
than at krause's opposite the First National
Bank, Gents apparel of every kind furnish
ed on short notice, ard in the best style.
Gents Furnishing Goods. and TRAVELLING
equpage of the best quality.--Call there
and see the spring styles Of Cassirneres,
Vestings, etc.
FAcrs.-The best clothing is the cheap
est, and you will find no other kind at Sam
now ari,ii eiRpnasjte the Post Office. Sam Is
ready extensive stock Of Cloths, Cassi-
meres. vcstings, Gents Furnishing Goods,
etc. Call and examine the style and leave
your orders. He will either suit you exact
lv. or refund the monev-an0 more too
INpoRrANr TO THE SicR.-We invite oul
readers to careful perusal of DIR. Easterly'
me ical advertisements which can be seer
in or coums this day. DIR. Easterly' pre-
parations and standard remedies and arr
very celebrated and popular throughout tn
great North west We refer t. Dr. Easter
Tvs Iodine and Sarsaparilla, DR.. Carter
Cough BalSam, DR. Bakers Specific and Dr
Marks Syphilltic Cure These preparation
have been in general use for the last te
: wears. and are known to be infallblc RENE
, dies for the diseases they are recommends
to cure. We advise the afflicted to give thel
a trial. orders addressed to DR.. +. Easterl
| " 10, GL. IVulS, VI ~.
Madison street, Chicago, Illinois, VIII y
!, promptly filled and forwarded by Express
$ al! parts of the United States. aprld&w6l
e TLAST TsEEs AND VINES = John Temp
e has superior stock Of Shade aud fru
e Trees also Grape Vines and badding plan
1t of choicest varieties. Particular attentl'
d paid to transplanting, and perfect salts STA
!. ton guaranteed. Nursery corner Main al
Fourth streets. mrZooZin.
!. STRANGE-That so many who are
70 tlicted with Cough, difficulty Of breathi'
or oppression in the chest, which IS gfa
3 ually but surely wearing them into tn
" dreadful disease Consumption that disea
to which carries off thousands daily when
Il lens Lung Balsam stops the violent coue
and heals the irritation, also cures cas-
ie which were considered by the Physicians
e- be in the last stages Of Consumptioa.
r. For sale by E. S. BALLoRD.
n Also, bv the Dealers in Family Medicines q
i, orally