The Miller press. [volume] (Miller, S.D.) 190?-current, 1920-01-15
FARM ER'S INVENTORY
STATE COLLEGE TO HELP FARM
Frs KEEP TAB ON THEIR
REAL INCOMES.

. - "sA w.
tory week January 8 to 20. for the
purpose OF securing facts for income
ak reports and to establish a basis
.or farm records. M. r. Benedict.
farm management specialist OF the
state college extension division. says
hat farmers frequently pay excessive
y high income taxes because they
aavs no accurate record to figure on.
Dasins their statements solely upon
q record of receipts and expenses. A
farm Is likely to hold over crops from
one year for sale In another. This
makes a very low income some years
and q very high income other years:
whereas income taxes are lowest II
the income runs about the same each
year. By taking an inventory. the
farmer gets a record OF he actual
farm income for the given year instead
OF showing part Of the income from
two years In the receipts OF one. To
have accurate information as TO what
the profit or less Of the farm has eeen,
he farmer needs four things: ~ A
list OF all property on hand at the
beginning OF the year, with its value;
CD a record OF the money received
from the sale OF farm products; t3)
q record OF the expenses OF running
the farm. and, az a list OF ell prop
erty on hand at the end OF the year.
with its value. Farmers who desire
assistance In making their inventories
may secure Il by applying to their
county agents or bankers. or by writ
ing to M. r. Benedict
work OF preparing the mining
OF tin In q group OF mines near Hill
City 10 making rapid progress. and 1t
will not be many weeks. from the
present outlook. until the production
OF tin has been added to the other
mining industries OF the Black Hills.
The tin nines are being developed by
q company said to have ample capital.
Il will have its own smelter. Grading
for the loading tracks now Is In prog.
ress. In the Tin Boom mine. n OF
the group, the boiler and hoist are In
position. A new vein OF tin ore found
In the Mohawk mine. another OF the
group. Is four feet two inches In width
and loaded with metal. The ore bin
at this mine already Ia full. and a
shipment OF the ore will be made at
once TO the mill.
Since the destruction by FIRE . few
days ago OF the public school build.
Ing at Winfred. q movement has been
started for ths consolidation OF the
Winfred and several adjoining school
districts In Lake county into one
school In Winfred. II Ia probable the
matter will be brought to a vote Of
the residents OF the districts. IL the
plan carries, - modern consolidated
school building will be erected in Win.
fred. and pupils residing at o distance
win be transported to and from school.
In the meantime the Winfred school
10 working In such quarters as can
be obtained.
The demand for loans from the state
rural credit board Is continually In
creasing. Notwithstanding $40, 1000. 900
OF farm loans have been made within
the two and one-half years since the
board was organized. 1t will require
between $4,000. 900 ana 5 5000 900 ad-
ditional to take care OF the loans de.
sired before the LIST OF March, 1920.
With these conditions existing the
board has decided to offer for sale
bonds 10 the amount OF $4,000, 900.
Arrangements are being made by
the city commissioners OF Rapid City
for extensive paving which will be
done next year.
In q resolution denouncing the Sis.
seton Standard, a non-partisan league
newspaper. for its stand In UNFOLDING
the Centralia. Wash. outrage. the Ed.
ward Otto post Of the American Le-
sion of Sisseton asks loyal citizens
to withdraw their support from the
newspaper. The Standard is Sisse-
toms only newspaper. This Is the
most drastic action taken by a South
Dakota post OF the legion.
The secretary Of state has received
from Maj. Gen. Leonard Wood the
formal announcement that he Is a can
didate for president and accepts the
nomination for Endorsement rendered
him by the South Dakota republican
party. He gives his home town as
Bourne. Mass. and his present ad.
dress as Chicago.
The DeSmet creamery. which was
for many years the leading institution
OF the kind In South Dakota. will in
tie future be operated as a co.opera.
tive concern. the board OF directors
having decided upon this course. Dur
ing the past five years 1t has been
operated under a lease.
The present cold weather will bene-
fit residents OF South Dakota towns
on the Missouri river. The recent
warm weather had softened the river
ice. Dut now II is tightening up and
crossings again are safe for teams and
individuals
The big elk which headed the herd
which wanders among the buffalo In
thee philip pasture near TT. Pierre met
his death in his attempt to jump q
high barbed wire fence TO get outside
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